LIBOR Rate Loans definition

LIBOR Rate Loans means the Loans bearing interest with reference to the LIBOR Rate.
LIBOR Rate Loans means the LIBOR Revolving Loans.
LIBOR Rate Loans means Loans bearing interest at rates determined by reference to the Adjusted LIBOR Rate as provided in subsection 2.2A.

Examples of LIBOR Rate Loans in a sentence

  • If any payment hereunder (other than payments on the LIBOR Rate Loans) becomes due and payable on a day other than a Business Day, such payment shall be extended to the next succeeding Business Day, and, with respect to payments of principal, interest thereon shall be payable at the then applicable rate during such extension.

  • Until any such notice has been withdrawn by the Administrative Agent, no further Loans shall be made as, continued as, or converted into, LIBOR Rate Loans for the Interest Periods so affected.

  • Except as otherwise provided in the definition of the term “Interest Period” with respect to LIBOR Rate Loans, whenever a payment hereunder or under any of the other Loan Documents becomes due on a day that is not a Business Day, the due date for such payment shall be extended to the next succeeding Business Day, and interest shall accrue during such extension.

  • The provisions of this Section shall apply as if each Lender or its Participants had match funded any Obligation as to which interest is accruing at the LIBOR Rate by acquiring eurodollar deposits for each Interest Period in the amount of the LIBOR Rate Loans.

  • LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.


More Definitions of LIBOR Rate Loans

LIBOR Rate Loans means, collectively, the LIBOR Revolving Loans and the LIBOR Term Loans.
LIBOR Rate Loans means any Loans made or a portion thereof on which interest is payable based on the LIBOR Rate in accordance with the terms hereof.
LIBOR Rate Loans means those portions of principal of the Note accruing interest at the Adjusted LIBOR Rate.
LIBOR Rate Loans. All Loans bearing interest at a rate based on LIBOR.
LIBOR Rate Loans means any Loans which accrue interest by reference to the LIBOR Rate, in accordance with the terms of this Agreement.
LIBOR Rate Loans means Loans that bear interest at an interest rate based on the LIBOR Rate.
LIBOR Rate Loans means any Advances made or a portion thereof on which interest is payable based on the LIBOR Rate in accordance with the terms hereof.