Taxable Revolving Loan definition

Taxable Revolving Loan means any Revolving Loan bearing interest at the Taxable LIBOR Rate.
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Taxable Revolving Loan means any Revolving Loan bearing interest at the Taxable SOFR Rate.
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Taxable Revolving Loan means any Loan bearing interest at the Taxable LIBOR Rate. “Taxable Revolving Loan Commitment” means, on any date, an initial amount equal to
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Examples of Taxable Revolving Loan in a sentence

  • A Taxable Revolving Loan will bear interest at the Taxable Fixed Rate or Taxable Floating Rate.

  • The City may elect that any Revolving Loan be either a Tax-Exempt Revolving Loan pursuant to the Tax-Exempt Revolving Loan Commitment or a Taxable Revolving Loan pursuant to the Taxable Revolving Loan Commitment.

  • All Taxable Revolving Loans made by the Lender and all payments and prepayments made on account of principal thereof shall be recorded by the Lender on the schedule (or a continuation thereof) attached to the Taxable Note, it being understood, however, that failure by the Lender to make any such endorsement shall not affect the obligations of the Authority hereunder or under the Taxable Note in respect of unpaid principal and interest on any Taxable Revolving Loan.

  • The Authority may elect that anyRevolving Loan be either a Tax-Exempt Revolving Loan pursuant to the Tax-Exempt Revolving Loan Commitment or a Taxable Revolving Loan pursuant to the Taxable Revolving Loan Commitment.

  • As provided in Section 2.03(c) hereof, the Authority may elect that any such Revolving Loan be either a Tax-Exempt LIBOR Revolving Loan pursuant to the Tax-Exempt Loan Commitment or a Taxable Revolving Loan pursuant to the Taxable Loan Commitment.

  • The Borrower may elect that any Revolving Loan be either a Tax-Exempt Revolving Loan pursuant to the Tax-Exempt Revolving Loan Commitment or a Taxable Revolving Loan pursuant to the Taxable Revolving Loan Commitment.

  • Any Request for Advance shall be signed by a Designated Representative and shall specify whether the requested Advance shall be a Tax-Exempt LIBOR Revolving Loan or a Taxable Revolving Loan.

  • The Authority promises to pay interest on the unpaid principal amount of each such Taxable Revolving Loan on the dates and at the rate or rates provided for in the Revolving Credit Agreement and the fee on the Letters of Credit on the dates and at the rate provided for in the Revolving Credit Agreement.

  • A Taxable Revolving Loan may bear interest at the Taxable Fixed Rate or Taxable Floating Rate.

  • A Taxable Revolving Loan will bear interest at the Taxable Rate or the Taxable Base Rate.


More Definitions of Taxable Revolving Loan

Taxable Revolving Loan means any Revolving Loan bearing interest at the Taxable Floating Rate.
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Taxable Revolving Loan means any Revolving Loan identified by the Airports Authority in a Request for Advance as a “Taxable Revolving Loan.”
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Related to Taxable Revolving Loan

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

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

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

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

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

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Existing Revolving Loans has the meaning specified in Section 2.16(a).

  • 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.

  • Additional Revolving Loans means any revolving loan added hereunder pursuant to Section 2.22, 2.23 or 9.02(c)(ii).

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • 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.

  • U.S. Revolving Loans means the revolving loans made to the U.S. Borrowers pursuant to Section 2.1(a)(i), or any amendment to this Agreement entered into pursuant to Section 2.5, 2.6 or 2.7, each Agent Advance made to a U.S. Borrower and each U.S. Swingline Loan.

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • Initial Revolving Loan means a Revolving Facility Loan made (i) pursuant to the Revolving Facility Commitments in effect on the Closing Date (as the same may be amended from time to time in accordance with this Agreement) or (ii) pursuant to any Incremental Revolving Facility Commitment on the same terms as the Revolving Facility Loans referred to in clause (i) of this definition.

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

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • New Revolving Loans as defined in Section 2.25.

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

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

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