U.S. Base Rate Loan definition

U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.
U.S. Base Rate Loan means a loan denominated in US Dollars and bearing interest at the US Base Rate, plus the Applicable Margin;
U.S. Base Rate Loan means an Advance in, or Conversion into, United States Dollars made by the Lenders to the Borrower with respect to which the Borrower has specified or a provision hereof requires that interest is to be calculated by reference to the U.S. Base Rate.

Examples of U.S. Base Rate Loan in a sentence

  • At any time prior to the Maturity Date, subject to Section 6.3, the Borrower may elect to repay without penalty any Prime Rate Loan or US Base Rate Loan outstanding under the Credit Facility with interest accrued to the date of such repayment.


More Definitions of U.S. Base Rate Loan

U.S. Base Rate Loan means each Revolving Loan which is designated or deemed designated as a U.S. Base Rate Loan by the Lead Borrower at the time of the incurrence thereof or conversion thereto.
U.S. Base Rate Loan means an Advance in U.S. Dollars which bears interest at a rate based on the U.S. Base Rate.
U.S. Base Rate Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the U.S. Base Rate in accordance with the provisions of Article II.
U.S. Base Rate Loan means a Loan bearing interest at a rate specified in Section 1.4(a) hereof.
U.S. Base Rate Loan means each Revolving Loan bearing interest at a rate based upon the Base Rate in effect from time to time.
U.S. Base Rate Loan means any Loan in U.S. Dollars with respect to which interest is calculated under this Agreement for the time being on the basis of the U.S. Base Rate.
U.S. Base Rate Loan each Loan that bears interest at a rate determined by reference to the U.S. Base Rate.