Interest Rate Option definition

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

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Interest Rate Option means any Term Rate Loan Option or Daily Rate Loan Option.

Interest Rate Option means any Term SOFR Rate Option or Base Rate Option.

Examples of Interest Rate Option in a sentence

• Any Loan Request that fails to select an Interest Rate Option shall be deemed to be a request for the Base Rate Option.

• Each Loan Request shall be irrevocable and shall specify the Interest Rate Option and the aggregate amount of the proposed Loans comprising each Borrowing Tranche, and, if applicable, the Interest Period, which amounts shall be in (x) not be less than $1,000,000 or a larger multiple of $100,000 for each Borrowing Tranche under the Term SOFR Rate Option, and (y) not be less than $1,000,000 or a larger multiple of $100,000 for each Borrowing Tranche under the Base Rate Option.

• Each Loan Request shall be irrevocable and shall specify the Interest Rate Option and the aggregate amount of the proposed Loans comprising each Borrowing Tranche, and, if applicable, the Interest Period, which amounts shall be in (x) integral multiples of $100,000 and not less than $1,000,000 for each Borrowing Tranche under the Term SOFR Rate Option, and (y) integral multiples of $100,000 and not less than $1,000,000 for each Borrowing Tranche under the Base Rate Option.

More Definitions of Interest Rate Option

Interest Rate Option means any Euro-Rate Option or Base Rate Option.

Interest Rate Option means any (i) LIBOR Rate Option or (ii) Base Rate Option.

Interest Rate Option means any Term SOFR Rate Option, Daily 1M SOFR Option, Adjusted Federal Funds Rate Option or Alternate Base Rate Option.

Interest Rate Option shall have the meaning ascribed to such term in Section 2.05(b) of the Credit Agreement.

Interest Rate Option means any (a) LIBOR Rate Option or (b) Base Rate Option.

Interest Rate Option means any Term SOFR Rate Option or Base Rate Option or, solely with respect to Swing Loans, the Daily Simple SOFR Option.

Interest Rate Option means any Euro-Rate Option or Base Rate Option. Interim Statements shall have the meaning assigned to that term in Section 5.1.9(i).