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.

• The Recipient must participate, at its own cost and as reasonably required by the Department, in studies, evaluations and other activities intended to analyse the success of the Activity or Program in achieving the Program Objectives.

• 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.

• 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.

• Notwithstanding anything herein to the contrary, the Quoted Rate Period for a Quoted Rate Loan under the Term A Facility shall begin on a Business Day and shall end on the Maturity Date for the Term A Loans; provided, however, in no event shall the Quoted Rate Period be less than one (1) year.

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 Loans accruing interest at Quoted Rate.

Quoted Rate Loan means any Loan which bears interest at a 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 each loan designated as such by the applicable Borrower at the time of the incurrence thereof.

Quoted Rate Loan has the meaning set forth in Section 2.1 hereof.

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