Prime Rate Portion definition

Prime Rate Portion means the portion of the Loan bearing interest based upon the Prime Rate.

Prime Rate Portion means at any time the part, ------- ------------------ including the whole, of the unpaid principal amount of the Note bearing interest at such time under the Prime Rate Option, in accordance with Section 2.4 (b) hereof, or in accordance with Section 2.4 (f) hereof. `Libor Rate Portion' shall mean at any time, the ------------------ part, including the whole, of the unpaid principal amount of the Note bearing interest at such time under the Libor Rate Option, in accordance with Section 2.4 (b) hereof."

Prime Rate Portion means that portion of the Loan which will bear interest computed with reference to the Prime Rate.

Examples of Prime Rate Portion in a sentence

• All of the indebtedness evidenced by a particular Tranche of Term Notes which is not part of a LIBOR Portion shall constitute a single Prime Rate Portion applicable to such Tranche.

• If any request is made to convert a LIBOR Portion into the Prime Rate Portion, such conversion shall only be made so as to become effective as of the last day of the Interest Period applicable thereto.

• Credit Agreement by adding the Applicable Prime Rate Margin for such Tranche to the Prime Rate as in effect from time to time; provided that so long as a Default shall have occurred and is continuing each Prime Rate Portion shall bear interest, whether before or after judgment, at the rate per annum equal to the Overdue Rate.

• The Revolving Credit Loans shall bear interest with reference to the Prime Rate and the Revolving Credit Loans shall constitute a Prime Rate Portion as defined herein below.

• Each Prime Rate Portion of any Tranche (including, at all times, 100% of the Revolving Credit Loans) shall bear interest at the rate per annum determined FTI Consulting, Inc.

More Definitions of Prime Rate Portion

Prime Rate Portion shall have the meaning given such term in Section 2.7(a) hereof.

Prime Rate Portion means at any time the part, including the whole, of the unpaid principal amount of the Loans bearing interest at such time under the Prime Rate

Prime Rate Portion means that portion of the unpaid principal balance of any Revolving Loan which is not made up of the LIBOR Portion.

Prime Rate Portion means any portion of the unpaid principal balance of the Loan which is not a Fixed Rate Portion. "Prime Rate Spread" means: (a) for any and all times through the Conversion Date, zero; and (b) for any and all times after the Conversion Date, one-quarter of one percentage point.

Prime Rate Portion means all or any portion of the outstanding Loan, which Borrower has not designated to bear interest at the rate set forth in Section 2.2(a)(i) hereof.

Prime Rate Portion means the ------------------ aggregate outstanding principal amounts of all Loans less the Libor Rate Portion.

Prime Rate Portion. At any time, the part, including the whole, of the unpaid principal amount of the Note bearing interest at such time under the Prime Rate Option, or in accordance with the first sentence under the heading "Available Interest Rate Option" set forth in Section 2.3(d) or Section 2.3(f) hereof.