Competitive Bid Loans definition

Competitive Bid Loans means the Loans bearing interest at an Absolute Rate or a Eurodollar Competitive Rate provided for in Section 2.5 hereof.
Competitive Bid Loans shall have the meaning provided in Section 1.01(b).
Competitive Bid Loans means any Loan made pursuant to Section 2.5 and all such Loans collectively as the context requires.

Examples of Competitive Bid Loans in a sentence

  • Determinations by the Administrative Agent of the amounts of Competitive Bid Loans shall be conclusive in the absence of manifest error.

  • Competitive Bid Loans shall be evidenced by the Competitive Bid Notes.

  • Each Lender may, in its sole discretion, submit a Competitive Bid Quote containing an offer or offers to make Competitive Bid Loans in response to any Invitation for Competitive Bid Quotes.

  • Allocations by the Administrative Agent of the amounts of Competitive Bid Loans shall be conclusive in the absence of manifest error.

  • The Borrower and the Subsidiary Borrowers shall not be entitled to have more than four Competitive Bid Loans outstanding at any time.


More Definitions of Competitive Bid Loans

Competitive Bid Loans means the Loans provided for by Section 2.2.
Competitive Bid Loans means the Loans provided for by Section 2.2, each of which shall be Absolute Rate Loans.
Competitive Bid Loans means any or all loans provided for by Section 2.03 hereof.
Competitive Bid Loans means the Loans bearing interest at an Absolute Rate or a Eurodollar Competitive Rate provided for in SECTION 2.2 hereof.
Competitive Bid Loans means any or all loans provided for by Article III hereof.
Competitive Bid Loans means the Loans bearing interest at the Absolute Rate provided for in Section 2.02 hereof;
Competitive Bid Loans means Revolving Loans made by a Lender on a competitive bid basis as provided in Article 11.