LIBOR Loans definition

LIBOR Loans means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.
LIBOR Loans means Loans the interest rates on which are determined on the basis of rates referred to in the definition of "LIBOR Rate".
LIBOR Loans. Loans the rate of interest applicable to which is based upon LIBOR.

Examples of LIBOR Loans in a sentence

  • The provisions of Sections 8.01, 8.03, and 8.05 of the Existing Credit Agreement shall continue to apply to the Existing LIBOR Loans.

  • If such Bank shall determine that it may not lawfully continue to maintain and fund any of its outstanding LIBOR Loans to maturity and shall so specify in such notice, the Borrower shall immediately prepay in full the then outstanding principal amount of each such LIBOR Loan, together with accrued interest thereon and any amount payable by the Borrower pursuant to Section 8.05 hereof.


More Definitions of LIBOR Loans

LIBOR Loans means at any time that portion of the Loans bearing interest at rates determined by reference to LIBOR.
LIBOR Loans means Revolving Loans bearing interest at rates determined by reference to LIBOR.
LIBOR Loans loans bearing interest calculated by reference to a LIBOR.
LIBOR Loans means that portion, and collectively those portions, of the aggregate outstanding principal balance of the Loans that bear interest at the LIBOR Rate.
LIBOR Loans means any Loans which accrue interest by reference to the LIBOR, in accordance with the terms of this Agreement.
LIBOR Loans means that portion, and collectively those portions, of the aggregate outstanding principal balance of the Loans that bear interest at the LIBOR Rate, of which at any time, the Borrower may identify no more than ten (10) advances of the Revolving Loans which bear interest at the LIBOR Rate.