LIBO Rate Loans definition

LIBO Rate Loans means Loans accruing interest based on the LIBO Rate.
LIBO Rate Loans means Loans bearing interest by reference to a LIBO Rate. ---------------
LIBO Rate Loans means Loans outstanding hereunder at such time as they are made and/or being maintained at a rate of interest based upon the LIBO Rate.

Examples of LIBO Rate Loans in a sentence

  • All LIBO Rate Loans shall bear interest from and including the first day of the applicable Interest Period to (but not including) the last day of such Interest Period at the interest rate determined as applicable to such LIBO Rate Loan.

  • All Swing Line Loans shall be made as Base Rate Loans and shall not be entitled to be converted into LIBO Rate Loans.

  • Thereafter, the obligation of the Lenders to make or maintain LIBO Rate Loans shall be suspended until the Administrative Agent (upon the instruction of the Required Lenders) revokes such notice.

  • Any such automatic conversion to Base Rate Loans shall be effective as of the last day of the Interest Period then in effect with respect to the applicable LIBO Rate Loans.

  • All interest (including interest on LIBO Rate Loans) and fees shall be computed on the basis of the actual number of days (including the first day but excluding the last day) occurring during the period for which such interest or fee is payable over a year comprised of 360 days (or, in the case of interest on a Base Rate Loan (calculated at other than the Federal Funds Rate), 365 days or, if appropriate, 366 days).


More Definitions of LIBO Rate Loans

LIBO Rate Loans means Committed LIBOR Loans and Competitive LIBOR Loans.
LIBO Rate Loans means Loans that accrue interest at interest rates based upon the LIBO Rate.
LIBO Rate Loans. Loans hereunder at such time as they accrue interest at a rate based upon the LIBO Rate.
LIBO Rate Loans means LIBO Rate Syndicated Loans and LIBO Rate Competitive Bid Loans.
LIBO Rate Loans means the applicable LIBO Rate for any Loan, DSRA LC Loan or the Energy Hedge LC Loan.
LIBO Rate Loans means those Loans outstanding which bear interest at a rate determined by reference to the LIBO Rate and the Applicable Margin as provided in Section 4.01(a).
LIBO Rate Loans means Loans that bear interest at an interest rate based on the LIBO Rate. “Loans” shall have the meaning set forth in Section 2.1.