XXXXX Loan definition

XXXXX Loan means the loan from the U.S. Borrower to Xxxxx on the Closing Date in an aggregate principal amount equal to approximately $681,501,000 out of the proceeds of Loans made to the U.S. Borrower on the Closing Date, which loan shall be evidenced by a note in the form of Exhibit I.

XXXXX Loan means a Loan that bears interest at a rate based on Daily Simple XXXXX.

XXXXX Loan means the loan evidenced by the 22 Xxxxx Note.

Examples of XXXXX Loan in a sentence

• Interest on each Term XXXXX Loan shall be computed on the basis of the actual number of days elapsed divided by 365 or 366, as applicable.

• Interest on each Daily Compounded XXXXX Loan shall be computed on the basis of the actual number of days elapsed divided by 365 or 366, as applicable.

• In the event of any conversion of any Term XXXXX Loan prior to the end of the current Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of such conversion.

• In the event of any conversion of any Daily Compounded XXXXX Loan prior to the end of the current Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of such conversion.

• Any prepayment of a Eurocurrency Rate Loan, a XXXXX Loan or a SOFR Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to Section 3.05.

More Definitions of XXXXX Loan

XXXXX Loan means a Loan denominated in Sterling that bears interest at a rate based on Adjusted Daily Simple XXXXX.

XXXXX Loan means a Term XXXXX Loan or a Daily Compounded XXXXX Loan, as applicable, and “XXXXX Loans” means Term XXXXX Loans and Daily Compounded XXXXX Loans together.

XXXXX Loan means a Loan that bears interest at a rate based on XXXXX.

XXXXX Loan or “ABR Loan”) or by Class and Type (e.g., a “Eurocurrency Revolving Loan”). Borrowings also may be classified and referred to by Class (e.g., a “Revolving Borrowing” or “Term Borrowing”) or by Type (e.g., a “Eurocurrency Borrowing” or “XXXXX Borrowing”) or by Class and Type (e.g., a “Eurocurrency Revolving Borrowing” or “XXXXX Revolving Borrowing”).

XXXXX Loan means a Loan that bears interest at a rate based on Daily Simple XXXXX. “Spot Rate” for a currency means the rate determined by the Administrative Agent to be the rate quoted by the Person acting in such capacity as the spot rate for the purchase by such Person of such currency with another currency through its principal foreign exchange trading office at approximately 11:00 a.m. on the date two Business Days prior to the date as of which the foreign exchange computation is made; provided that the Administrative Agent may obtain such spot rate from another financial institution designated by the Administrative Agent if the Person acting in such capacity does not have as of the date of determination a spot buying rate for any such currency.

XXXXX Loan means a Loan denominated in Sterling which, except as otherwise provided in Section 2.11, bears interest at XXXXX.

XXXXX Loan means each portion of a Canadian Revolving Loan that bears interest at a rate determined by reference to the applicable Adjusted Term XXXXX (other than pursuant to clause (b) of the definition of "Canadian Base Rate").