Swingline Rate Loans definition

Swingline Rate Loans means the Loans the rate of interest applicable to which is based upon the Swingline Rate.
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Examples of Swingline Rate Loans in a sentence

  • The Loans comprising Overnight Swingline Rate Loans shall bear interest at the Overnight Swingline Rate plus the Applicable Rate then in effect.

  • Each UK Swingline Loan shall be subject to all the terms and conditions applicable to other Term Benchmark Loans, RFR Loans and/or Overnight Swingline Rate Loans, as applicable, funded by the Lenders, except that all payments thereon shall be payable to the UK Swingline Lender solely for its own account.

  • Each such Swingline Loan shall be (i) denominated in Dollars in a principal amount of $1,000,000 or an integral multiple of $100,000 for amounts in excess thereof and (ii) shall be made as Swingline Rate Loans.

  • All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed); provided, that all Base Rate Loans and Swingline Rate Loans shall bear interest computed on the basis of a year of 365 days (or 366 days, as applicable).

  • Any payment made by a Lender pursuant to this paragraph to reimburse the applicable Issuing Bank for any LC Disbursement (other than the funding of ABRBase Rate Loans, or Swingline Loans or Overnight Swingline Rate Loans, as contemplated above) shall not constitute a Loan and shall not relieve the Borrowers of their obligation to reimburse such LC Disbursement.

  • Each such Swingline Loan shall be (i) denominated in Dollars in a principal amount of $1,000,000 or an integral multiple of $1,000,000 for amounts in excess thereof and (ii) made as Swingline Rate Loans.

  • Domestic Swingline Loans shall be comprised solely of Swingline Rate Loans, and may be repaid and reborrowed in accordance with the provisions hereof.

  • The answer to this question, provided in Part I of this thesis, is logically prior to all other questions for, assuming that inadequate skills’ recognition and wrongful discrimination affect third-country nationals’ well-being in accessing work, it is necessary to outline a theory according to which we can assess how and why their well-being in accessing work is negatively affected.

  • The Loans shall, except as otherwise provided in this Agreement, be Swingline Rate Loans, Reference Rate Loans, CD Rate Loans or LIBOR Loans.

  • Upon receipt of such quote, the Borrower shall promptly (but not later than the time that an irrevocable notice requesting such Swingline Loans must be made pursuant to this Section 2.05(b)) notify the Swingline Lender whether it requests the Swingline Lender to make Swingline Rate Loans at such Swingline Rate.

Related to Swingline Rate Loans

  • Prime Rate Loans means any Loans or portion thereof on which interest is payable based on the Prime Rate in accordance with the terms thereof.

  • Base Rate Loans Loans the rate of interest applicable to which is based upon the Base Rate.

  • Canadian Prime Rate Loans means any Canadian Dollar Revolving Loan during the period which it bears interest at a rate determined by reference to the Canadian Prime Rate.

  • LIBOR Rate Loans means the Loans bearing interest with reference to the LIBOR Rate.

  • Swingline Rate means, for any Interest Period, the rate as offered by the Administrative Agent and accepted by the Borrower. The Borrower is under no obligation to accept this rate and the Administrative Agent is under no obligation to provide it.

  • Revolving Loans as defined in Section 2.4(a).

  • Fixed Rate Loans means Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • Swingline Loans as defined in Section 2.6.

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.

  • Revolving Credit Loans as defined in Section 2.1.

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • Prime Rate Loan means a Loan that bears interest based on the Prime Rate.

  • Canadian Prime Rate Loan means a Tranche B Loan denominated in Canadian Dollars that bears interest based on the Canadian Prime Rate.

  • Eurodollar Loans Loans the rate of interest applicable to which is based upon the Eurodollar Rate.

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.

  • Revolving Loan means a Loan made pursuant to Section 2.01.

  • 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 Base Rate Loan means a Canadian Loan that bears interest at a rate per annum determined by reference to the Canadian Prime Rate.

  • Refunded Swingline Loans as defined in Section 2.7(b).

  • 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.

  • Eurocurrency Loans Loans the rate of interest applicable to which is based upon the Eurocurrency Rate.

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

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

  • 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.

  • LIBOR Loans means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.

  • Index Rate Loan means a Loan or portion thereof bearing interest by reference to the Index Rate.