Examples of Absolute Rate Loan in a sentence

Each Money Market Absolute Rate Loan shall bear interest on the outstanding principal amount thereof, for the Interest Period applicable thereto, at a rate per annum equal to the Money Market Absolute Rate quoted by the Bank making such Loan in accordance with Section 2.03.
Whenever any payment of principal of, or interest on, any Money Market Absolute Rate Loan shall be due on a day which is not a Euro-Dollar Business Day, the date for payment thereof shall be extended to the next succeeding Euro-Dollar Business Day.
The unpaid principal of each Absolute Rate Loan shall bear interest at the Absolute Rate for such Loan for the Interest Period therefor quoted by the Lender making such Loan in accordance with Section 2.2. The unpaid principal of each LIBOR Margin Loan shall bear interest at the LIBO Rate for such Loan for the Interest Period therefor plus the LIBOR Margin quoted by the Lender making such Loan in accordance with Section 2.2.
Each Bid Absolute Rate Loan shall be repaid in full by the Company on the last day of the Bid Interest Period applicable thereto.
Each Absolute Rate Loan shall bear interest on the outstanding principal amount thereof, for the Interest Period applicable thereto, at a rate per annum equal to the Absolute Rate quoted by the Lender making such Loan in accordance with Section 2.05.

More Definitions of Absolute Rate Loan

Absolute Rate Loan means a Loan which bears interest at an Absolute Rate.

Absolute Rate Loan means a Loan which bears interest at the Absolute Rate.

Absolute Rate Loan means any Competitive Loan bearing interest at a fixed percentage rate per annum (expressed in the form of a decimal rounded to no more than four decimal places) specified by the Lender making such Loan in its Competitive Bid.

Absolute Rate Loan means, at any time, any Bid Loan that bears interest at such time at an Absolute Rate established pursuant to an Absolute Rate Auction.

Absolute Rate Loan means a Bid Loan that bears interest at a rate determined with reference to an Absolute Rate. Absolute Rate Loans may be denominated in US Dollars or in an Alternative Currency.

Absolute Rate Loan means any Loan bearing interest at the Absolute Rate determined in accordance with Section 2.4.

Absolute Rate Loan means a Bid Loan that bears interest at a rate determined with reference to an Absolute Rate. “Acceding Lender” has the meaning specified in Section 2.16(c).