Reference Rate Loan definition

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

Reference Rate Loan means each Revolving Loan or Swingline Loan bearing interest at the rates provided in Section 1.09(a).

Reference Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the Reference Rate. “Register” has the meaning specified therefor in Section 12.07(f).

Examples of Reference Rate Loan in a sentence

• Each Revolving Loan that is a Reference Rate Loan shall bear interest on the principal amount thereof from time to time outstanding, from the date of such Loan until repaid, at a rate per annum equal to the Reference Rate plus the Applicable Margin.

• Subject to the terms of this Agreement, at the option of the Administrative Borrower, each Revolving Loan shall be either a Reference Rate Loan or a LIBOR Rate Loan.

• Subject to the terms of this Agreement, at the option of the Administrative Borrower, the Term Loan or any portion thereof shall be either a Reference Rate Loan or a LIBOR Rate Loan.

• If no election as to the type of Loan is specified, then the requested Loan shall be a Reference Rate Loan.

• Subject to the terms of this Agreement, at the option of the Borrower, the Term Loan or any portion thereof shall be either a Reference Rate Loan or a LIBOR Rate Loan.

More Definitions of Reference Rate Loan

Reference Rate Loan means any Advance (or portion thereof) made or outstanding hereunder during any period when interest on such Advance (or portion thereof) is payable based on the Reference Rate.

Reference Rate Loan means a Pro-Rata Revolving Loan bearing interest at a fluctuating rate of interest determined by reference to the Reference Rate.

Reference Rate Loan means any Advance (or any portion thereof) made or outstanding hereunder during any period when interest on such Advance (or portion thereof) is payable based on the Reference Rate.

Reference Rate Loan means a Revolving Loan during any period in which it bears interest at the rate provided in Section 3.1(a)(i).

Reference Rate Loan means any Loan (or any relevant part of it) accruing interest at the Floating Rate made available to the Borrower on or after the Rate Switch Date or outstanding as at the Rate Switch Date. ​ -32- ​ ​

Reference Rate Loan means a Loan for which interest is based on the Reference Rate.

Reference Rate Loan means a Loan when it bears interest at the Reference Rate.