Revolving Loan Interest Rate definition

Revolving Loan Interest Rate means a floating rate of interest equal to the LIBOR Rate.

Revolving Loan Interest Rate means:

Revolving Loan Interest Rate means a per annum rate of interest equal to 8%.

Examples of Revolving Loan Interest Rate in a sentence

Such adjustment in the Revolving Loan Interest Rate will occur without prior notice to Borrower.
Changes in the Revolving Loan Interest Rate shall be effective from the date of the changes and shall be applied to amounts outstanding on the Revolving Loan.
Borrower shall pay interest on the principal amount of the Term Loan 2 Note at either the Revolving Loan Interest Rate or the Term Loan 1 Interest Rate.
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.
Term Loan 2 shall be included in the computation of Imputed Debt Service upon the closing of Term Loan 2 by adding Term Loan 2 to clause (a) above if the Term Loan 1 Interest Rate is applicable thereto or adding Term Loan 2 to clause (b) above if the Revolving Loan Interest Rate is applicable thereto.

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

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

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 means a rate of three- quarters of one percent (0.75%) per annum in excess of the Prime Rate.

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.

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):