LIBOR RATE TERM LOAN definition

LIBOR RATE TERM LOAN means that portion of the Term Loan that bears interest based on the LIBOR Rate.
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LIBOR RATE TERM LOAN means any portion of a Term Loan during any period in which such portion bears interest based on the LIBOR Rate.
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LIBOR RATE TERM LOAN means any of the Equipment Term Loan or the Real -------------------- Estate Term Loan, respectively, during any period in which it bears interest based upon the LIBOR Rate.
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More Definitions of LIBOR RATE TERM LOAN

LIBOR RATE TERM LOAN. A Margin" means 3.75 percentage points.
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LIBOR RATE TERM LOAN has the meaning set forth in Section 3.3(b) hereof.
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LIBOR RATE TERM LOAN as used herein shall mean a fully amortizing Term Loan, the Interest Period for which shall be as elected by the Borrower in its irrevocable notice given pursuant to Subsections 3.2(a) or 3.2(b), and which shall accrue interest at a per annum rate equal to the LIBOR Adjusted Rate for such Interest Period plus a per annum percentage equivalent to the Applicable Term Loan Margin then in effect for LIBOR Rate Term Loans, as adjusted from time to time.
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LIBOR RATE TERM LOAN means a LIBOR Rate Term A Loan or a LIBOR Rate -------------------- Term B Loan.
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LIBOR RATE TERM LOAN means, for each Interest Period, the rate per annum (rounded upwards, if necessary, to the next 1/16%) determined by Lender as the sum of (a) the quotient of (i) the LIBOR Base Rate (Term Loan) for such Interest Period, divided by (ii) 100% minus the Reserve Percentage, plus (b) one and one-quarter percent (1.25%). The LIBOR Rate shall be adjusted on and as of the effective day of any change in the Reserve Percentage.
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Related to LIBOR RATE TERM LOAN

  • Base Rate Term Loan means any portion of the Term Loan during any period in which it bears interest based on the Base Rate.

  • LIBOR Term Loan means any Term Loan bearing interest at a rate determined by reference to the LIBOR Rate.

  • Eurocurrency Term Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Eurodollar Term Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Base Rate Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • LIBOR Rate Option means the option of the Borrower to have Loans bear interest at the rate and under the terms set forth in Section 4.1.1(a)(ii) [Revolving Credit LIBOR Rate Option].

  • Fixed Rate Term means a period commencing on a Business Day and continuing for 1, 2 or 3 months, as designated by Borrower, during which all or a portion of the outstanding principal balance of this Note bears interest determined in relation to LIBOR; provided however, that no Fixed Rate Term may be selected for a principal amount less than $100,000.00; and provided further, that no Fixed Rate Term shall extend beyond the scheduled maturity date hereof. If any Fixed Rate Term would end on a day which is not a Business Day, then such Fixed Rate Term shall be extended to the next succeeding Business Day.

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Eurodollar Rate Committed Loan means a Committed Loan that bears interest at a rate based on clause (a) of the definition of “Eurodollar Rate.”

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

  • LIBOR Rate Advance means an Advance which bears interest at a LIBOR Rate.

  • Original Term Loans means the "Term Loans" under, and as defined in, the Original Credit Agreement.

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • Incremental Term Loan Borrowing Date means, with respect to each Tranche of Incremental Term Loans, each date on which Incremental Term Loans of such Tranche are incurred pursuant to Section 1.01(c) and as otherwise permitted by Section 1.14.

  • Tranche B Term Loan as defined in Section 2.1.

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Alternative Currency Term Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Term Rate.” All Alternative Currency Term Rate Loans must be denominated in an Alternative Currency.

  • Eurocurrency Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the applicable Eurocurrency Rate.

  • Adjusted Eurodollar Rate means for any Interest Period with respect to any Eurodollar Loan, an interest rate per annum (rounded upwards, if necessary, to the next 1/100 of 1.00%) equal to (a) the Eurodollar Rate for such Interest Period multiplied by (b) the Statutory Reserves.

  • Additional Term Loan has the meaning specified in Section 2.01(c).

  • Base Rate Committed Loan means a Committed Loan that is a Base Rate Loan.

  • Eurodollar Rate Borrowing means a Borrowing comprised of Eurodollar Rate Loans.

  • New Term Loan Maturity Date means the date on which a New Term Loan matures.