Reference Rate Committed Loan definition

Reference Rate Committed Loan means a Committed Loan that bears interest based on the Reference Rate.
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Reference Rate Committed Loan means a Committed Loan
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Examples of Reference Rate Committed Loan in a sentence

  • Subject to Section 2.2.6(b), each Lender that so makes funds available shall be deemed to have made a Reference Rate Committed Loan to Borrower in such amount.

  • Until each Bank funds its Reference Rate Committed Loan or risk participation pursuant to this Section 2.2.5 to refinance such Bank’s Pro Rata Share of any Swing Loan, interest in respect of such Pro Rata Share shall be solely for the account of the Swing Line Lender.

Related to Reference Rate Committed Loan

  • Reference Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the Reference Rate.

  • Base Rate Revolving Loan means a Revolving Loan that is a Base Rate Loan.

  • Base Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(i).

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.

  • Eurocurrency Base Rate has the meaning specified in the definition of Eurocurrency Rate.

  • Eurocurrency Rate Advance means a Revolving Credit Advance or a Term Loan Advance denominated in Dollars or in an Agreed Currency which bears interest as provided in Section 2.07(b) or a Local Currency Advance which bears interest as provided in Section 2.07(b) and the Local Currency Addendum.

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Alternative Currency Term Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Term Rate.” All Alternative Currency Term Rate Loans must be denominated in an Alternative Currency.

  • Base Rate Loan means a Loan that bears interest based on the Base Rate.

  • Committed Loan has the meaning specified in Section 2.01.

  • U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Alternative Currency Daily Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Daily Rate.” All Alternative Currency Daily Rate Loans must be denominated in an Alternative Currency.