Floating Rate Term definition

Floating Rate Term means the period commencing on a 2014 Series H-2 Reset Date and ending on the last calendar day prior to the next succeeding 2014 Series H-2 Reset Date.
Sample 1
Floating Rate Term means the period commencing on a 2009 Series I-2 Reset Date and ending on the last calendar day prior to the next succeeding 2009 Series I-2 Reset Date.
Sample 1Sample 2
Floating Rate Term means the period commencing on a 2015 Series B-2 Reset Date and ending on the last calendar day prior to the next succeeding 2015 Series B-2 Reset Date.
Sample 1

Examples of Floating Rate Term in a sentence

  • This Trust shall be known as the “Blackstone / GSO Senior Floating Rate Term Fund” and the Trustees shall conduct the business of the Trust under that name or any other name or names as they may from time to time determine.

  • If to the Fund: Blackstone / GSO Senior Floating Rate Term Fund 000 Xxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attn: Xxxxxx X.

  • All principal payments due and payable on each class of Floating Rate Term Notes and the Variable Funding Notes for each Payment Date will be allocated among those classes of Notes based on the Principal Collections in the related Loan Group until the related Note Balance or Variable Funding Balance thereof is paid in full.

  • This Trust shall be known as the “Blackstone Senior Floating Rate Term Fund” and the Trustees shall conduct the business of the Trust under that name or any other name or names as they may from time to time determine.

  • Xxxx Xxxx Title: Managing Director Blackstone / GSO Senior Floating Rate Term Fund as a Lender By: GSO / Blackstone Debt Funds Management LLC as Investment Advisor By: /s/ D.

  • The Borrower shall pay to the Administrative Agent (a) for the account of each Fixed Rate Term Lender in accordance with its Applicable Percentage thereof, an upfront fee equal to 0.965% of the aggregate Fixed Rate Term Commitments, and (b) for the account of each Floating Rate Term Lender in accordance with its Applicable Percentage thereof, an upfront fee equal to 1.00% of the aggregate Floating Rate Term Commitments.

  • The Floating Rate Term Borrowing shall consist of Floating Rate Term Loans made simultaneously by the Floating Rate Term Lenders in accordance with their respective Applicable Percentage of the Floating Rate Term Facility.

  • NAME OF LENDER: Blackstone / GSO Senior Floating Rate Term Fund Executing as a CONSENTING LENDER: By: /s/ Xxx X.

  • Interest on Demand Loans and on Floating Rate Term Loans shall be payable at the Floating Rate.

  • Such Notes shall be divided into 4 Classes having designations and original principal amounts as follows: ORIGINAL PRINCIPAL DESIGNATION AMOUNT ----------- ------------ Class A Senior Secured Floating Rate Term Notes Due 2040............................


More Definitions of Floating Rate Term

Floating Rate Term means the period commencing on a 2010 Series H Reset Date and ending on the last calendar day prior to the next succeeding 2010 Series H Reset Date.‌
Sample 1
Floating Rate Term means, with respect to the Reset Rate Notes, the period beginning on the Closing Date and ending on November 30, 2010 with respect to the Series 2007-1A-4 Notes and November 30, 2008 with respect to the Series 2007-1B-1 Notes, and thereafter, the period, if any, beginning on the day following the last day of the preceding Floating Rate Term and ending on the day selected pursuant to Section 3.02(e) of Schedule A to the Fourth Supplemental Indenture; provided, that if the day following the day selected as the last day of any Floating Rate Term is not a Business Day, then the last day of such Floating Rate Term shall be extended to the next day that is followed by a Business Day.
Sample 1
Floating Rate Term means the period commencing on a 2008 Series E Reset Date and ending on the last calendar day prior to the next succeeding 2008 Series E Reset Date.
Sample 1
Floating Rate Term. An "Initial Term" of Two years. In addition, Borrower shall have two (2) options to extend the Term for up to six (6) additional months per extension (the "Extended Term") upon (A) payment to Lender of an extension fee equal to 0.25% of the Loan Amount per extension, (B) satisfaction of a debt service coverage test, as calculated by Lender in its sole discretion, equal to the Minimum DSCR set forth below, based on the higher of (i) the actual annualized debt service constant at the closing of the Loan, or (ii) a debt service constant of 8.00%, (C) reappraisal, at Borrower's cost, confirming an LTV less than or equal to the Maximum LTV at closing, assuming a cap rate not greater than 11.0%.
Sample 1
Floating Rate Term means the period commencing on a 2008 Series J Reset Date or 2008 Series K Reset Date, as applicable, and ending on the last calendar day prior to the next succeeding 2008 Series J Reset Date or 2008 Series K Reset Date, as applicable.
Sample 1

Related to Floating Rate Term

  • Fixed Rate Term means a period commencing on a Business Day and continuing for 1, 2, 3 or 6 months, as designated by Borrower, during which all or a portion of the outstanding principal balance of this Note bears interest determined in relation to LIBOR; provided however, that no Fixed Rate Term may be selected for a principal amount less than One Hundred Thousand Dollars ($100,000.00); and provided further, that no Fixed Rate Term shall extend beyond the scheduled maturity date hereof. If any Fixed Rate Term would end on a day which is not a Business Day, then such Fixed Rate Term shall be extended to the next succeeding Business Day.

  • Floating Rate Period shall have the meaning set forth in Section 2.05(b) hereof.

  • Floating Rate Option has the meaning given to it in the ISDA Definitions;

  • Fixed Rate Period shall have the meaning in the form of Security set forth in Section 2.1.

  • CB Floating Rate means the Prime Rate; provided that the CB Floating Rate shall never be less than the Adjusted One Month LIBOR Rate on such day (or if such day is not a Business Day, the immediately preceding Business Day). Any change in the CB Floating Rate due to a change in the Prime Rate or the Adjusted One Month LIBOR Rate shall be effective from and including the effective date of such change in the Prime Rate or the Adjusted One Month LIBOR Rate, respectively.

  • Quarterly Floating Rate Period means, for the initial Quarterly Floating Rate Period, the period commencing on September 20, 2018 and ending on and including December 19, 2018, and thereafter the period from and including the day immediately following the end of the immediately preceding Quarterly Floating Rate Period to but excluding the next succeeding Quarterly Commencement Date.

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.

  • Floating Rate Interest Period means, during the Floating Rate Period, the period beginning on (and including) a Floating Rate Period Interest Payment Date and ending on (but excluding) the next succeeding Floating Rate Period Interest Payment Date; provided that the first Floating Rate Interest Period will begin on (and include) April 18, 2025 and will end on (but exclude) the first Floating Rate Period Interest Payment Date.

  • Base Rate Term Loan means a Term Loan that is a Base Rate Loan.

  • Subsequent Fixed Rate Period means for the initial Subsequent Fixed Rate Period, the period commencing on July 1, 2020 and ending on and including June 30, 2025 and for each succeeding Subsequent Fixed Rate Period, the period commencing on the day immediately following the end of the immediately preceding Subsequent Fixed Rate Period and ending on and including June 30 in the fifth year thereafter.

  • LIBOR Daily Floating Rate means, for any day, a fluctuating rate of interest per annum equal to LIBOR as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by Administrative Agent from time to time), at approximately 11:00 a.m., London time, two (2) London Banking Days prior to such day, for Dollar deposits with a term of one (1) month commencing that day; provided that if the LIBOR Daily Floating Rate shall be less than zero, such rate shall be deemed zero for purposes of the Loan Documents.

  • Interest Rate Period means any Daily Interest Rate Period, Weekly Interest Rate Period, Short-Term Interest Rate Period, Long- Term Interest Rate Period or ARS Interest Rate Period.

  • Floating Rate means, for any day, a rate per annum equal to (i) the Alternate Base Rate for such day plus (ii) the Applicable Margin, in each case changing when and as the Alternate Base Rate changes.

  • Initial Fixed Rate Period means the period commencing on the Issue Date and ending on and including June 30, 2020.

  • Floating Rate Security means a Debt Security that provides for the payment of interest at a variable rate determined periodically by reference to an interest rate index specified pursuant to Section 2.03.

  • Fixed Rate Interest Period means the period beginning on (and including) the Issue Date and ending on (but excluding) the first Fixed Rate Interest Payment Date, and each successive period beginning on (and including) a Fixed Rate Interest Payment Date and ending on (but excluding) the next succeeding Fixed Rate Interest Payment Date.

  • Pricing Rate Period means, with respect to any Transaction and any Remittance Date (a) in the case of the first Pricing Rate Period, the period commencing on and including the Purchase Date for such Transaction and ending on and excluding the following Remittance Date, and (b) in the case of any subsequent Pricing Rate Period, the period commencing on and including the immediately preceding Remittance Date and ending on and excluding such Remittance Date; provided, however, that in no event shall any Pricing Rate Period for a Purchased Asset end subsequent to the Repurchase Date for such Purchased Asset.

  • Special Rate Period with respect to the VRDP Shares, has the meaning specified in paragraph (a) of Section 4 of Part I of the Articles Supplementary.

  • Interest Rate Option means any LIBOR Rate Option or Base Rate Option.

  • Floating Rate Margin means 7.50 per cent. per annum.

  • Floating Rate Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the Floating Rate.

  • Floating Rate Classes The Classes designated as either “Floating Rate” or “Inverse Floating Rate” in the Prospectus Supplement.

  • Fixed Rate means, with respect to any Competitive Loan (other than a Eurodollar Competitive Loan), the fixed rate of interest per annum specified by the Lender making such Competitive Loan in its related Competitive Bid.

  • Fixed Rate Calculation Date means, for any Subsequent Fixed Rate Period, the 30th day prior to the first day of such Subsequent Fixed Rate Period.

  • Floating Rate Obligation Any Collateral Obligation that bears a floating rate of interest.

  • Floating Rate Note means a Note on which interest is calculated at a floating rate, payable in arrear on one or more Interest Payment Dates in each year as may be agreed between the Issuer and the relevant Dealer, as indicated in the applicable Final Terms;