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

  • Each such notice shall be irrevocable and shall specify the requested date (which shall be a Business Day), amount of the requested Swingline Loan, and whether the requested Swingline Loan shall be an ABR Loan, a Money Market Rate Loan or a combination thereof.

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

  • If the Company or such Subsidiary Borrower accepts such rate, such Swingline Loan shall be a Money Market Rate Loan for such Interest Period bearing interest at such rate.

  • Within the foregoing limits, each Euro Borrower may borrow under this Section 3.5, prepay under Section 3.6 and reborrow under this Section 3.5. Each Euro Swing Line Loan shall be a Money Market Rate Loan.

  • No LIBOR Rate Loan or Money Market Rate Loan may extend beyond the maturity of this Note.


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(c).
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 Revolving Loan bearing interest at a rate provided in section 2.8(b)(ii).
Money Market Rate Loan means a Loan to be made by a Bank pursuant to an Absolute Rate Auction.
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 Swing Line Revolving Loan bearing interest at a Quoted Rate.