Floating Rate Loan means a Loan which bears interest at the Floating Rate.
Floating Rate Loan means a Loan which, except as otherwise provided in Section 2.11, bears interest at the Floating Rate.
Floating Rate Loan means a Loan or portion thereof, which, except as otherwise provided in Section 2.12, bears interest at the Floating Rate.
Examples of Floating Rate Loan in a sentence
Interest accrued on each Floating Rate Loan shall be payable on each Payment Date, commencing with the first such date to occur after the Closing Date and on any date on which such Floating Rate Loan is prepaid, whether by acceleration or otherwise and at maturity.
More Definitions of Floating Rate Loan
Floating Rate Loan means a Loan, or portion thereof, which bears interest at the Floating Rate.
Floating Rate Loan means a Transferred Loan that bears interest at a floating rate.
Floating Rate Loan means a Loan that bears interest at a Floating Rate, as specified in the applicable Final Confirmation.
Floating Rate Loan means any Loan which bears interest at the Floating Rate.
Floating Rate Loan means all or any portion of the Loan bearing interest at the Floating Rate.
Floating Rate Loan. A Loan that is an Eligible Loan where the interest rate payable by the Obligor thereof is based on the Company Prime Rate or the Company LIBOR Rate, plus some specified interest percentage in addition thereto, and the Loan provides that such interest rate will reset immediately upon any change in the related Company Prime Rate or Company LIBOR Rate.
Floating Rate Loan means a Loan which bears interest at the Alternate Base Rate.