LIBOR Rate Option means the option of the Borrower to have Loans bear interest at the rate and under the terms set forth in Section 4.1.1(a)(ii) [Revolving Credit LIBOR Rate Option].
Base Rate Option means the option of the Borrower to have Loans bear interest at the rate and under the terms set forth in Section 4.1.1(a)(i) [Revolving Credit Base Rate Option].
Interest Rate Option means any LIBOR Rate Option or Base Rate Option.
Euro-Rate Option shall have the meaning set forth in Section 2.04(a)(ii) hereof.
Rate Option means the Eurocurrency Rate or the Floating Rate, as applicable.
Regulated Rate Tariff means a regulated rate tariff for the provision of Electricity Services to eligible customers prepared by EDTI, or a person with whom EDTI makes arrangements to do so, pursuant to section 102 of the Act;
Revolving Credit Base Rate Option A fluctuating rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or
Floating Rate Option has the meaning given to it in the ISDA Definitions;
LIBOR Option has the meaning specified therefor in Section 2.12(a) of the Agreement.
Alternate Base Rate Advance means an Advance which bears interest at the Alternate Base Rate.
Designated Rate means the rate of interest per annum described in the Supplement as being applicable to an outstanding Loan from time to time.
LIBOR Tranche means the collective reference to LIBOR Rate Loans whose Interest Periods begin and end on the same day.
Base Rate Revolving Loan means a Revolving Loan that is a Base Rate Loan.
LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.
Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.
Alternate Base Rate Loans means Loans that bear interest at an interest rate based on the Alternate Base Rate.
Base Rate Term Loan means a Term Loan that is a Base Rate Loan.
Eurodollar Rate Committed Loan means a Committed Loan that bears interest at a rate based on the Eurodollar Rate.
Interest Rate or Currency Protection Agreement of any Person means any forward contract, futures contract, swap, option or other financial agreement or arrangement (including, without limitation, caps, floors, collars and similar agreements) relating to, or the value of which is dependent upon, interest rates or currency exchange rates or indices.
LIBOR Rate Advance means an Advance which bears interest at a LIBOR Rate.
Eurodollar Disruption Event The occurrence of any of the following: (a) any Liquidity Bank shall have notified the Administrative Agent of a determination by such Liquidity Bank or any of its assignees or participants that it would be contrary to law or to the directive of any central bank or other governmental authority (whether or not having the force of law) to obtain Dollars in the London interbank market to fund any Advance, (b) any Liquidity Bank shall have notified the Administrative Agent of the inability, for any reason, of such Liquidity Bank or any of its assignees or participants to determine the Adjusted Eurodollar Rate, (c) any Liquidity Bank shall have notified the Administrative Agent of a determination by such Liquidity Bank or any of its assignees or participants that the rate at which deposits of Dollars are being offered to such Liquidity Bank or any of its assignees or participants in the London interbank market does not accurately reflect the cost to such Liquidity Bank, such assignee or such participant of making, funding or maintaining any Advance, (d) any Liquidity Bank shall have notified the Administrative Agent of the inability of such Liquidity Bank or any of its assignees or participants to obtain Dollars in the London interbank market to make, fund or maintain any Advance or (e) any Liquidity Bank shall have notified the Administrative Agent that the principal amount of Advances to be funded by it is less than $500,000.
LIBOR Term Loan means any Term Loan bearing interest at a rate determined by reference to the LIBOR Rate.
Designated Eurodollar Market means, with respect to any Eurodollar Rate Loan, the London Eurodollar Market.
Base Rate Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.
Eurodollar Base Rate has the meaning specified in the definition of Eurodollar Rate.
Alternate Base Rate Loan means a Loan which bears interest at the Alternate Base Rate or the Default Rate.