Type of Loan means a Base Rate Loan or a LIBOR Loan.
Type of Loan means a Base Rate Loan or a Eurodollar Rate Loan.
Type of Loan means (i) with respect to either Term Loans or Revolving Loans, a Base Rate Loan or a Eurodollar Rate Loan, and (ii) with respect to Swing Line Loans, a Base Rate Loan.
Examples of Type of Loan in a sentence
Each Borrowing, each conversion of Loans from one Type of Loan to the other, and each continuation of Term SOFR Loans shall be made upon the Borrowers’ irrevocable notice to the Administrative Agent, which may be given by email.
If the Borrowers fail to specify a Type of Loan in a Loan Notice or if the Borrowers fail to give a timely notice requesting a conversion, then the applicable Loan shall be made as, or converted to, a Term SOFR Loan.
More Definitions of Type of Loan
Type of Loan means (i) with respect to either Term Loans or Revolving Loans, a Base Rate Loan, a Eurocurrency Rate Loan or a Canadian Prime Rate Loan and (ii) with respect to Swing Line Loans, a Base Rate Loan or a Canadian Prime Rate Loan.
Type of Loan means a Reference Rate Loan or a SOFR Loan.
Type of Loan means (i) with respect to Tranche A Term Loans, a Base Rate Loan or a Eurodollar Rate Loan, (ii) with respect to Tranche B Term Loans, a Base Rate Loan or a Eurodollar Rate Loan and (iii) with respect to Revolving Loans, a Base Rate Loan or a Eurodollar Rate Loan and (iv) with respect to Swing Line Loans, a Base Rate Loan.
Type of Loan means (i) with respect to either Term Loans or Revolving Loans, a Base Rate Loan or a LIBOR Rate Loan, and (ii) with respect to Swing Line Loans, a Base Rate Loan.
Type of Loan means any type of Loan (i.e., an Alternate Base Rate Loan or RFR Rate Loan).
Type of Loan means with respect to either B Term Loans or Revolving Loans, a LIBOR Loan, Euribor Loan or BA Loan.
Type of Loan means (a) with respect to Revolving Loans, a Base Rate Loan or a Eurodollar Rate Loan, and (b) with respect to Swing Line Loans, a Base Rate Loan.