Offshore Rate Loan definition

Offshore Rate Loan means a Loan that bears interest based on the Offshore Rate.
Offshore Rate Loan means a Loan that bears interest based on the ------------------ Offshore Rate.
Offshore Rate Loan means any LIBOR Bid Loan or any Offshore Rate Committed Loan.

Examples of Offshore Rate Loan in a sentence

  • If the Company is required to so prepay any Offshore Rate Loan, then concurrently with such prepayment, the Company shall borrow from the affected Bank, in the amount of such repayment, a Base Rate Loan.

  • If the Company is required to so prepay any Offshore Rate Loan, then concurrently with such prepayment, the Company shall borrow from the affected Lender, in the amount of such repayment, a Base Rate Loan.

  • Thereafter, the obligation of all Lenders to make or maintain such Offshore Rate Loan shall be suspended until Administrative Agent revokes such notice.

  • Any prepayment of an Offshore Rate Loan shall be accompanied by all accrued interest thereon, together with the costs set forth in Section 3.05.

  • Any prepayment of an Offshore Rate Loan shall be accompanied by all accrued interest thereon, together with the amounts set forth in Section 3.05.


More Definitions of Offshore Rate Loan

Offshore Rate Loan means a Revolving Credit Loan or a Swingline Loan bearing interest at a rate based upon the Offshore Rate as provided in Section 4.1(a) and, if a Revolving Credit Loan, may be an Offshore Currency Loan or a Revolving Credit Loan denominated in Dollars.
Offshore Rate Loan means a Loan made in not less than the Minimum Amount pursuant to Requisite Notice to Administrative Agent and by deliverance of a Request for Extension of Credit not later than the Requisite Time and specified to be a Offshore Rate Loan. Interest on each Offshore Rate Loan shall be calculated using the Applicable Margin for the Offshore Rate effective as of the date of the advance of such Offshore Rate.
Offshore Rate Loan means a Loan bearing interest based on the Offshore Rate, which may be denominated in U.S. Dollars or an Offshore Currency. Offshore Rate Loans include Offshore Currency Loans.
Offshore Rate Loan means a Revolving Loan in an Alternative Currency that bears interest based on an Offshore Rate.
Offshore Rate Loan means a Revolving Credit Loan bearing interest at a rate based upon the Offshore Rate as provided in Section 4.1.1.
Offshore Rate Loan means a Loan that bears interest based on the Offshore Rate. Ordinary Course Litigation is defined in Section 4.4. Organization Documents means, for any corporation, the certificate or articles of incorporation, the bylaws, any certificate of determination or instrument relating to the rights of preferred shareholders of such corporation, any shareholder rights agreement, and all applicable resolutions of the board of directors (or any committee thereof) of such corporation. Original Currency is defined in Section 10.19.
Offshore Rate Loan means a Loan that bears interest at a rate determined by reference to an Offshore Rate, which may be denominated in Dollars or an Offshore Currency. Offshore Rate Loans include Offshore Currency Loans.