Money Market Rate Loan definition

Money Market Rate Loan means a Swingline Loan the rate of interest applicable to which is based upon the Money Market Rate.

Money Market Rate Loan means any Loan that bears interest at a rate based on the Money Market Rate.

Money Market Rate Loan means a Loan made by the Bank to the Borrower pursuant to Section 2.5(D) hereof.

Examples of Money Market Rate Loan in a sentence

• Interest on each AB Rate Loan and each Money Market Rate Loan shall be due and payable on the Maturity Date thereof.

• The emphasis when analysing the quantitative data is in determining overall change and where particular changes have occurred whilst using a qualitative approach to discuss these changes.

• The relevant Swingline Lender shall promptly confirm such quote with respect to the Money Market Rate Loan to be made in writing.

• In connection with any Money Market Rate Loan, Borrower may contact any Bank by telephone and request a Money Market Rate Loan.

• Whenever the Borrower desires to request a Money Market Rate Loan hereunder it may, subject to the terms, covenants and conditions hereof, obtain such Money Market Rate Loan directly and severally from any Bank.

More Definitions of Money Market Rate Loan

Money Market Rate Loan means each Swing Line Revolving Loan bearing interest at a rate provided in section 2.8(b)(ii).

Money Market Rate Loan means a Loan with an interest rate equal to the Money Market Rate and as otherwise defined in Section 2.1B.

Money Market Rate Loan means a Swing Line Loan which bears interest at a Money Market Rate.

Money Market Rate Loan means each Swing Line Loan bearing interest at a rate provided in section 2.7(c).

Money Market Rate Loan means a Swing Line Loan denominated in Dollars bearing interest at a rate determined by reference to the Quoted Rate.

Money Market Rate Loan means a Loan to be made by a Bank pursuant to an Absolute Rate Auction.

Money Market Rate Loan means an Advance that is specified as such in the Notice of Borrowing with respect to such Advance and that bears interest at the rate provided in Section 2.4.3 hereof.