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.