Base Rate Committed Loan definition

Base Rate Committed Loan means a Committed Loan that is a Base Rate Loan.
Base Rate Committed Loan means a Committed Loan that bears interest based on the Base Rate.
Base Rate Committed Loan means a Committed Loan that is a Base Rate Loan. “Base Rate Loan” means a Loan that bears interest based on the Base Rate. “Borrower” has the meaning specified in the introductory paragraph hereto. “Borrower Materials” has the meaning specified in Section 6.02.

Examples of Base Rate Committed Loan in a sentence

  • Until each Lender funds its Base Rate Committed Loan or risk participation pursuant to this Section 2.04 to refinance such Lender's Pro Rata Share of any Swing Line Loan, interest in respect of such Pro Rata Share shall be solely for the account of the Swing Line Lender.

  • Each Lender shall make an amount equal to its Pro Rata Share of the amount specified in such Committed Loan Notice available to the Administrative Agent in immediately available funds for the account of the Swing Line Lender at the Administrative Agent's Office not later than 1:00 p.m. on the day specified in such Committed Loan Notice, whereupon, subject to Section 2.04(c)(ii), each Lender that so makes funds available shall be deemed to have made a Base Rate Committed Loan to the Borrower in such amount.

  • The Swing Line Lender at any time five (5) or more Business Days after the making of a Swing Line Loan and in its sole and absolute discretion may request, on behalf of the Borrower (which hereby irrevocably authorizes the Swing Line Lender to so request on its behalf), that each Lender make a Base Rate Committed Loan in an amount equal to such Lender's Pro Rata Share of the amount of Swing Line Loans then outstanding.


More Definitions of Base Rate Committed Loan

Base Rate Committed Loan means a New Vehicle Floorplan Committed Loan or a Used Vehicle Floorplan Committed Loan, as the context may require that is a Base Rate Loan.
Base Rate Committed Loan means a Committed Loan that is a Base Rate Loan. “Base Rate Loan” means a Loan that bears interest based on the Base Rate. “Borrower” has the meaning set forth in the introductory paragraph hereto.
Base Rate Committed Loan means a Committed Loan that is a Base Rate Loan. “Base Rate Loan” means a Loan denominated in US Dollars that bears interest based onthe Base Rate. All Base Rate Loans shall be denominated in US Dollars.
Base Rate Committed Loan means a Committed Loan that is a Base Rate Loan. Toyota – Three Year Credit Agreement (2022)
Base Rate Committed Loan means a Loan bearing interest at a fluctuating rate determined by reference to the Alternate Base Rate.
Base Rate Committed Loan means a Committed Loan that is a Base Rate Loan. NYDOCS03/828371
Base Rate Committed Loan means a Committed Loan that is a Base Rate Loan. Base Rate Committed Loans are only available to U.S. Borrowers.