Base Rate Revolver Loan definition

Base Rate Revolver Loan a Revolver Loan that bears interest based on the Base Rate. Board of Governors: the Board of Governors of the Federal Reserve System.
Base Rate Revolver Loan a Revolver Loan that bears interest based on the Base Rate.
Base Rate Revolver Loan means a Revolver Loan, or portion thereof, during any period in which it bears interest at a rate based upon the Base Rate.

Examples of Base Rate Revolver Loan in a sentence

  • Overadvance: as defined in Section 2.1.5. Overadvance Loan: a Base Rate Revolver Loan made when an Overadvance exists or is caused by the funding thereof.

  • Overadvance — as defined in Section 2.1.5. Overadvance Loan — a Base Rate Revolver Loan made when an Overadvance exists or is caused by the funding thereof.

  • Upon receipt of such notice, Borrower Agent may revoke any pending request for a LIBOR Revolver Loan or, failing that, will be deemed to have requested a Base Rate Revolver Loan.

  • In the event there is a discrepancy or inconsistency between disclosures or other statements contained in the Sweepstakes–related materials, privacy policy or terms of use on a website and/or the terms and conditions of these Official Rules,the Official Rules shall prevail, govern and control and the discrepancy will beresolved in Crypto.com’s sole and absolute discretion.

  • The submission of incorrect information should therefore be discouraged through an increase of the applicable amount of the fee.


More Definitions of Base Rate Revolver Loan

Base Rate Revolver Loan a Revolver Loan that bears interest based on the Base Rate. Blocked Account: any Deposit Account subject to a Blocked Account Agreement.
Base Rate Revolver Loan an ACM-TCM Base Rate Revolver Loan or a Colonial Base Rate Revolver Loan.
Base Rate Revolver Loan a Revolver Loan that bears interest based on the Base Rate. Beneficial Ownership Certification: a certification regarding beneficial ownership required by the Beneficial Ownership Regulation. Beneficial Ownership Regulation: 31 C.F.R. § 1010.230. Benefit Plan: any of (a) an “employee benefit plan” (as defined in ERISA) that is subject to Title I of ERISA, (b) a “plan” as defined in Section 4975 of the Code or (c) any Person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title I of ERISA or Section 4975 of the Code) the assets of any such “employee benefit plan” or “plan.” Board of Governors: the Board of Governors of the Federal Reserve System.
Base Rate Revolver Loan a Revolver Loan that bears interest based on the Base Rate. Beneficial Ownership Certification: a certification regarding beneficial ownership required by the Beneficial Ownership Regulation. Beneficial Ownership Regulation: 31 C.F.R. § 1010.230.
Base Rate Revolver Loan a Revolver Loan that bears interest based on the Base Rate. Board of Governors: the Board of Governors of the Federal Reserve System. Borrowing: a group of Loans of one Type that are made on the same day or are converted into Loans of one Type on the same day. Borrowing Base: on any date of determination, an amount equal to the lesser of (a) the aggregate amount of Revolver Commitments, minus the LC Reserve; or (b) (i) the sum of the Accounts Formula Amount plus the Rolling Stock Formula Amount, minus (ii) the Availability Reserve.
Base Rate Revolver Loan means an ACM-TCM Base Rate Revolver Loan or a Colonial Base Rate Revolver Loan.
Base Rate Revolver Loan any U.S. Revolver Loan that bears interest based on the U.S. Base Rate. U.S. Borrower and U.S. Borrowers: as defined in the preamble to this Agreement and any other U.S. Obligor that becomes a U.S. Borrower pursuant to Section 10.1.9(a). U.S. Borrowing Base: on any date of determination, an amount equal to the lesser of (a) the aggregate U.S. Revolver Commitments, minus the Canadian Revolver Usage; or (b) the sum of the U.S. Accounts Formula Amount, plus U.S. Credit Card Account Formula Amount, plus the U.S. Inventory Formula Amount, plus at the option of Borrower Agent which is reflected in the most recently delivered U.S. Borrowing Base Report, the U.S. Cash Component, minus the U.S. Availability Reserve, minus the Canadian Revolver Usage.; provided, however, from the Rag & Bone Industries Joinder Effective Date until the earlier of: (x) the 60th day after the Fourth A&R Amendment Effective Date (which date may be extended by the Agent in its Permitted Discretion up to an additional 60 days) and (y) the date the Agent shall have received an acceptable appraisal and field examination in form and substance satisfactory to the Agent in its Permitted Discretion with respect to Inventory, Accounts and Credit Card Accounts owned by Rag & Bone Industries or otherwise acquired pursuant to the Rag & Bone Acquisition Agreement, the U.S. Borrowing Base shall (1) include (i) 80% of the NOLV Percentage of Value of such Inventory (other than such Inventory which is in transit, which, in all cases, shall be excluded from the U.S. Borrowing Base) as determined by the Existing Rag & Bone Industries Appraisal, (ii) 85% of the Value of such Accounts and (iii) 90% of the Value of such Credit Card Accounts and (2) reflect ineligibles and reserves with respect to such Inventory, Accounts and Credit Card Accounts and operations and liabilities, which ineligibles shall be calculated consistently with the ineligibles included in the Existing Rag & Bone Borrowing Base Report and which reserves (other than any additional reserves the Agent may elect to implement in connection with any licensed Intellectual Property) shall be calculated consistently with the methodology utilized in the Borrowing Base Report and which, in all cases, shall be in form and substance acceptable to the Agent in its Permitted Discretion. If, after the expiration of the foregoing time period, as the same may be extended as provided above, the Agent shall not have received such updated inventory appraisal a...