Classes and Types of Loans. Loans hereunder are distinguished by "Type". The "Type" of a Loan refers to whether such Loan is a Base Rate Loan or a Eurodollar Loan, each of which constitutes a Type. Loans and Commitments may also be distinguished by "Class." The "Class" of a Loan or Commitment refers to whether such Loan is a Revolving Credit Loan or a Synthetic Lease Loan, each of which constitutes a Class. Loans may be identified by both Type and Class.
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Samples: Credit Agreement (Cornell Companies Inc), Credit Agreement (Cornell Corrections Inc)
Classes and Types of Loans. Loans hereunder are distinguished by "Type". ." The "Type" of a Loan refers to whether such Loan is a Base Rate Loan or a Eurodollar Loan or a Money Market Loan, each of which constitutes a Type. Loans and Commitments may also be distinguished by "Class." The "Class" of a Loan or Commitment refers to whether such Loan is a Revolving Credit Loan or a Synthetic Lease Loan, each of which constitutes a Class. Loans may be identified by both Type and Class.
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Classes and Types of Loans. Loans hereunder are distinguished by "Type". The "Type" of a Loan refers to whether such Loan is a Base Rate Loan or a Eurodollar Loan, each of which constitutes a Type. Loans and Commitments may also be distinguished by "Class." The "Class" of a Loan or Commitment refers to whether such Loan is a Revolving Credit Loan or a Synthetic Lease Loan, each of which constitutes a Class. Loans may be identified by both Type and Class.
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Classes and Types of Loans. Loans hereunder are distinguished by "Class" and by "Type". The "TypeCLASS" of a Loan refers to whether such Loan is a Base Rate Loan (or a Eurodollar Loan, each of which constitutes a Type. Loans and Commitments may also be distinguished by "Class." The "Class" of a Loan or Commitment to make a Loan) refers to whether such Loan is a Revolving Credit Loan or a Synthetic Lease Term Loan, each of which constitutes a Class. The "TYPE" of a Loan refers to whether such Loan is an Alternate Base Rate Loan or a LIBOR Loan, each of which constitutes a Type. Loans may be identified by both Type Class and ClassType.
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