Quoted Rate Loan definition

Quoted Rate Loan means a Committed Loan for Term A Loans which bears interest at a rate determined by reference to the Quoted Rate.
Quoted Rate Loan means any Swing Line Loan which bears interest at the Quoted Rate.
Quoted Rate Loan shall have the meaning set forth in Section 3.1.3.

Examples of Quoted Rate Loan in a sentence

  • Accrued interest on each Quoted Rate Loan shall be payable on the last day of the Interest Period applicable thereto.

  • No Alternate Currency Loan or Quoted Rate Loan may be converted to a Base Rate Loan or Eurodollar Loan and no Base Rate Loan or Eurodollar Loan may be converted to an Alternate Currency Loan or Quoted Rate Loan.

  • Subject to Section 11.17, with respect to any Alternate Currency Loan or Quoted Rate Loan, all payments (including prepayments) to any Lender of the principal of or interest on such Alternate Currency Loan or Quoted Rate Loan shall be made in the same Alternate Currency as the original Loan.

  • Each such Committed Loan Notice must be received by the Administrative Agent not later than 10:00 a.m. at least three Business Days prior to the proposed effective date of such Borrowing of, or conversion to, a Quoted Rate Loan.

  • Each Borrowing of, or conversion to, a Quoted Rate Loan must apply to the entire outstanding principal balance of the Term A Loans.


More Definitions of Quoted Rate Loan

Quoted Rate Loan means a Foreign Swing Line Loan described in Section 2.2(d) hereof that shall be denominated in an Alternate Currency and on which a Foreign Borrower shall pay interest at a rate based on the Derived Quoted Rate.
Quoted Rate Loan means any Loan which bears interest at a rate determined by reference to the Quoted Rate.
Quoted Rate Loan means any Loan which bears interest at a Quoted Rate.
Quoted Rate Loan means each loan designated as such by the applicable Borrower at the time of the incurrence thereof.
Quoted Rate Loan means a Foreign Swing Line Loan described in Section 2.2(d) hereof that shall be denominated in an Alternate Currency and on
Quoted Rate Loan means a Committed Loan for Term A Loans which bears interest at a rate determined by reference to the Quoted Rate. “Quoted Rate Period” means, relative to any Quoted Rate Loan, the period beginning on (and including) the date on which such Quoted Rate
Quoted Rate Loan shall have the meaning given such term in Section 2.13.