LIBOR Revolving Credit Loan definition

LIBOR Revolving Credit Loan means any Revolving Credit Loan bearing interest at a rate determined by reference to the LIBOR Rate.
LIBOR Revolving Credit Loan means any Revolving Credit Loan bearing interest at a rate determined by reference to LIBOR in accordance with the provisions of Article 2.
LIBOR Revolving Credit Loan means a LIBOR Loan outstanding under the Revolving Credit Facility.

Examples of LIBOR Revolving Credit Loan in a sentence

  • Such notice shall be irrevocable and shall in each case specify (a) whether the Borrowing then being requested is to be a Borrowing of a LIBOR Revolving Credit Loan or an ABR Borrowing, (b) the date of such Revolving Credit Borrowing (which shall be a Working Day) and the amount thereof and (c) if such Borrowing is to be a Borrowing of LIBOR Revolving Credit Loans, the Interest Period with respect thereto.

  • In order to effect a Revolving Credit Borrowing, the Borrower shall hand deliver or telecopy to the Administrative Agent a Borrowing notice in the form of Exhibit F (a) in the case of a Borrowing of a LIBOR Revolving Credit Loan, not later than 2:00 p.m., New York City time, three Working Days before a proposed Borrowing, and (b) in the case of an ABR Borrowing, not later than 2:00 p.m., New York City time, on the day of a proposed Borrowing.

  • Not later than 1:00 p.m. on the proposed Borrowing date, each Lender will make available to the Agent, for the account of the Borrowers, at the Agent's Office in funds immediately available to the Agent, an amount equal to such Lender's Commitment Percentage of such Prime Rate Revolving Credit Loan or LIBOR Revolving Credit Loan, as the case may be.

  • The Borrowers may request a LIBOR Loan under the Revolving Credit Facility by giving the Agent a Notice of Borrowing (which notice shall be irrevocable) not later than 11:00 a.m. on the date three Business Days before the date on which the requested LIBOR Revolving Credit Loan is to be made; PROVIDED the Borrowers shall not be permitted to request, and the Lenders shall not be required to make, LIBOR Revolving Credit Loans at any time during the existence of an Event of Default.

  • Borrowers shall have the right prior to the Maturity Date, or one (1) month prior to the Maturity Date in the case of a LIBOR Revolving Credit Loan, to reborrow as provided in this Section 2.1, provided, that, all outstanding Revolving Credit Loans shall be due and payable jointly and severally by the Borrowers on the Maturity Date.


More Definitions of LIBOR Revolving Credit Loan

LIBOR Revolving Credit Loan means any Revolving Credit Loan bearing interest at a rate determined by reference to clause (a) of the definition of LIBOR in accordance with the provisions of Section 2. All Revolving Credit Loans denominated in an Optional Currency must be LIBOR Revolving Credit Loans.
LIBOR Revolving Credit Loan means any Revolving Credit Loan bearing interest at a rate determined by reference to the LIBOR Rate. “LIBOR Term Loan” shall mean any Term Loan bearing interest at a rate determined by reference to the LIBOR Rate.
LIBOR Revolving Credit Loan means any Revolving Credit Loan bearing interest at the time in question determined with reference to LIBOR.
LIBOR Revolving Credit Loan. LIBOR Mortgage Loan" and "LIBOR Loans" means a Revolving Credit Loan or the Mortgage Loan or both, respectively, at any time during which interest thereon is calculated with reference to LIBOR.
LIBOR Revolving Credit Loan any Revolving Credit Loan for the periods when the rate of interest applicable to such Revolving Credit Loan is calculated by reference to LIBOR. No LIBOR Revolving Credit Loans shall be made after the Third Amendment Effective Date and no LIBOR Revolving Credit Loans shall exist on or after the SOFR Conversion Date.
LIBOR Revolving Credit Loan any Revolving Credit Loan for the periods when the rate of interest applicable to such Revolving Credit Loan is calculated by reference to LIBOR.
LIBOR Revolving Credit Loan means any Revolving Credit Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate. “LIBOR Term Loan” shall mean any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate. “Lien” shall mean any mortgage, pledge, security interest, hypothecation, assignment for security, fixed or floating charge, lien (statutory or other) or similar encumbrance (including any agreement to give any of the foregoing, any conditional sale or other title retention agreement or any lease in the nature thereof) and any option, trust or deposit or other preferential arrangement having the