Interest Option definition

Interest Option has the meaning given such term in Section 2.5(c).
Interest Option means LIBOR or the Reference Rate.
Interest Option means the LIBOR Rate or the Alternate Base Rate.

Examples of Interest Option in a sentence

  • Assignee assumes and agrees to be bound by all of the terms and conditions of the Option Agreement to the same extent as Transferring Party and shall undertake all of Transferring Party’s liabilities and obligations of any kind related to the Option Agreement as it pertains to the Property Interest Option accruing from and after the date of this Assignment.

  • Transferring Party assigns, conveys, and transfers to Assignee, and Assignee accepts the assignment, conveyance, and transfer, of all of Transferring Party’s right, title and interest in and to the Option Agreement as it pertains to the Property Interest Option.

  • Each Lender shall be entitled to fund all or any portion of its Lender Commitment in any manner it deems appropriate, consistent with the provisions of Section 2.05, but for the purposes of this Credit Agreement such Lender shall, regardless of such Lender’s actual means of funding, be deemed to have funded its Lender Commitment in accordance with the Interest Option selected from time to time by the Borrowers for such Borrowing period.


More Definitions of Interest Option

Interest Option means any of them.
Interest Option means each of the Eurocurrency Rate and the Base Rate.
Interest Option means each of LIBOR and the Prime Rate.
Interest Option means SOFR or the Reference Rate.
Interest Option shall have the meaning ascribed to it in Section 2.9(a) hereof.
Interest Option means Borrowers' option to select an Adjusted LIBOR Rate or the Base Rate, as described more fully below.
Interest Option shall have the meaning assigned to such term in paragraph 6 hereof.