Examples of Revolving Loan Interest Rate in a sentence

All such amounts paid by the Letter of Credit Issuer and remaining unpaid by the Borrowers shall bear interest, payable on demand, for each day until paid at a rate per annum equal to (x) the Revolving Loan Interest Rate for such day if such day falls on or before the applicable Letter of Credit Payment Date and (y) the sum of 2.00% per annum plus the Revolving Loan Interest Rate for such day if such day falls after such Letter of Credit Payment Date.
On or before 11:00 a.m. (Charlotte, North Carolina time) on the first Business Day of each Fiscal Month at the Borrower's request, the Agent shall notify the Borrower of the Revolving Loan Interest Rate options, and the Borrower may before 12:00 noon on such day designate to the Agent the applicable Revolving Loan Interest Rate which shall apply to such Fiscal Month.
From time to time Borrower will select the applicable Revolving Loan Interest Rate based on quotes from the Agent.
Inevitably there have been calls for representation of other specialisms on the Committee.
If the Borrower fails to designate an applicable Revolving Loan Interest Rate by 12:00 noon on such date, the Revolving Credit Notes will bear interest for such Fiscal Month at the lower of the Revolving Loan Rate options on such date.

More Definitions of Revolving Loan Interest Rate

Revolving Loan Interest Rate has the meaning given in Section 2.3(a)(i) of the Financing Agreement.

Revolving Loan Interest Rate is as set forth in Section 3(a) of the Loan Agreement Schedule.

Revolving Loan Interest Rate as set forth in Section 1.181 of the Loan Agreement are hereby amended and restated in their entirety to read as follows:

Revolving Loan Interest Rate shall be equal to that certain annual rate resulting by adding 100 basis points to the LIBOR Rate for a (3) month period.

Revolving Loan Interest Rate means a rate of two and three-quarters of one percent (2.75%) per annum in excess of the Prime Rate.”

Revolving Loan Interest Rate means for any day, the rate per annum set forth below opposite the applicable Level then in effect (based on the Senior Funded Indebtedness to EBITDA Ratio):

Revolving Loan Interest Rate means the per annum rate equal to the greater of: (a) the prime rate published in the “Money Rates” column of The Wall Street Journal from time to time or, in the event that The Wall Street Journal is not available at any time, such rate published in another publication as determined by Lender plus 175 basis points (1.75%) or (b) eight percent (8.00%)—in each instance calculated on the basis of a year consisting of 360 days and paid for the number of days actually elapsed.