Interest on Revolving Loans definition

Interest on Revolving Loans shall be payable in arrears on each Interest Payment Date.
Sample 1

Examples of Interest on Revolving Loans in a sentence

  • Interest on Revolving Loans shall be payable in arrears on each Interest Payment Date.

  • Interest on Revolving Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein).

  • Interest on Revolving Loans shall be due and payable in arrears on each Interest Payment Date.

  • Interest on Revolving Loans shall be payable in arrears on each applicable Interest Payment Date (and at such other times as may be specified herein).

  • Interest on Revolving Loans shall be payable in arrears on each Interest Payment Date, subject to Section 2.10.

  • Interest on Revolving Loans shall be payable in arrears on each Payment Date.

  • During such periods as Revolving Loans shall be comprised of Eurodollar Loans, each such Eurodollar Loan shall bear interest at a per annum rate equal to the sum of the applicable Eurodollar Rate plus the Applicable Percentage as of the commencement of the Interest Period applicable thereto; and Interest on Revolving Loans shall be payable in arrears on each Interest Payment Date.

  • Interest on Revolving Loans hereunder shall be payable in arrears on each Interest Payment Date.

  • Interest on Revolving Loans shall be payable in arrears on each Interest Payment Date and on the Maturity Date.

  • During such periods as Revolving Loans shall be comprised of Eurodollar Loans, each such Eurodollar Loan shall bear interest at a per annum rate equal to the sum of the applicable Eurodollar Rate plus the Applicable Percentage; and Interest on Revolving Loans shall be payable in arrears on each Interest Payment Date.

Related to Interest on Revolving Loans

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

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • Additional Revolving Loans means any revolving loan added hereunder pursuant to Section 2.22, 2.23 or 9.02(c)(ii).

  • Pending Revolving Loans means, at any time, the aggregate principal amount of all Revolving Loans requested in any Notice of Borrowing received by the Agent which have not yet been advanced.

  • Eurocurrency Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • ABR Loans Loans the rate of interest applicable to which is based upon the ABR.

  • Base Rate Loans Loans the rate of interest applicable to which is based upon the Base Rate.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Base Rate Advance means an Advance that bears interest as provided in Section 2.06(a)(i).

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Existing Revolving Loans has the meaning specified in Section 2.16(a).

  • Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.

  • Reference Rate Advance means an Advance which bears interest as provided in Section 2.09(a).

  • New Revolving Loans as defined in Section 2.25.

  • Eurodollar Revolving Borrowing means a Borrowing comprised of Eurodollar Revolving Loans.

  • Revolving Loans as defined in Section 2.4(a).

  • Swingline Rate means, for any Interest Period, the rate as offered by the Administrative Agent and accepted by the Borrower. The Borrower is under no obligation to accept this rate and the Administrative Agent is under no obligation to provide it.

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.

  • Eurodollar Interest Period means, for any Eurodollar-based Advance, an Interest Period of one, two or three months (or any shorter or longer periods agreed to in advance by the Borrower, Agent and the Lenders) as selected by Borrower, for such Eurodollar-based Advance pursuant to Section 2.3 or 4.4 hereof, as the case may be.

  • Revolving Advances means Advances made other than Letters of Credit.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).