SIBOR Revolver Loan definition

SIBOR Revolver Loan a Singapore Revolver Loan that bears interest based on SIBOR. Singapore: the Republic of Singapore.
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SIBOR Revolver Loan a Revolver Loan that bears interest based on SIBOR. Singapore Allocated U.S. Availability: U.S. Availability designated by the North American Loan Party Agent for application to clause (d) of a Singapore Borrowing Base. Singapore Alternate Swingline Sublimit: $2,500,000.
Sample 1
SIBOR Revolver Loan a Revolver Loan denominated in Singapore Dollars that bears interest based on SIBOR. Singapore Base Rate: for any day, the per annum rate of interest designated by Bank of America, N.A. (or its affiliates or branches) from time to time as its prime lending rate for commercial loans made by it in Singapore in Singapore Dollars, which rate is based on various factors, including its costs and desired return, general economic conditions and other factors, and is used as a reference point for pricing some loans, which may be priced at, above or below such rate; provided, that in no event shall the Singapore Base Rate be less than zero. Any change in such rate shall take effect at the opening of business on the applicable Business Day.
Sample 1

Examples of SIBOR Revolver Loan in a sentence

  • SIBOR Revolver Loan: a Revolver Loan that bears interest based on SIBOR.

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  • Upon receipt of such notice, Borrower may revoke any pending request for a Borrowing of, conversion to or continuation of an affected Fixed Rate Loan or, failing that, will be deemed to have submitted a request for a U.S. Base Rate Revolver Loan, in the case the affected Fixed Rate Loan is a LIBOR Revolver Loan, or a Singapore Base Rate Revolver Loan, in the case the affected Fixed Rate Loan is a SIBOR Revolver Loan.

Related to SIBOR Revolver Loan

  • LIBOR Revolver Loan a Revolver Loan that bears interest based on LIBOR. License: any license or agreement under which an Obligor is authorized to use Intellectual Property in connection with any manufacture, marketing, distribution or disposition of Collateral, any use of Property or any other conduct of its business.

  • Revolver Loan a loan made pursuant to Section 2.1, and any Swingline Loan, Overadvance Loan or Protective Advance.

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

  • 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.

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

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

  • U.S. Revolving Loan means a Revolving Loan made to the U.S. Borrower by the U.S. Revolving Lenders.

  • Revolver means a short firearm having a cylinder of several chambers that are brought successively into line with the barrel to be discharged, designed to be aimed and fired by the use of a single hand.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

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

  • Canadian Revolving Loans means Revolving Loans made to the Canadian Borrower under Section 2.2, including Bankers’ Acceptance Advances.

  • New Revolving Loan has the meaning specified in Section 2.14(a).

  • Canadian Loan means a Loan made to a Canadian Borrower denominated in Canadian Dollars.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Revolving Credit Loan has the meaning specified in Section 2.01(b).

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Other Revolving Credit Loans means one or more Classes of Revolving Credit Loans that result from a Refinancing Amendment.

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Applicable Revolver LIBOR Margin means the per annum interest rate from time to time in effect and payable in addition to the LIBOR Rate applicable to the Revolving Loan, as determined by reference to Section 1.5(a).

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Eurodollar Rate Committed Loan means a Committed Loan that bears interest at a rate based on clause (a) of the definition of “Eurodollar Rate.”

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.