Base Rate Revolving Credit Loan definition

Base Rate Revolving Credit Loan means a Revolving Credit Loan that is a Base Rate Loan.

Base Rate Revolving Credit Loan any Revolving Credit Loan for the periods when the rate of interest applicable to such Revolving Credit Loan is calculated by reference to the Base Rate.

Base Rate Revolving Credit Loan means each Base Rate Loan outstanding under the Revolving Credit Facility.

Examples of Base Rate Revolving Credit Loan in a sentence

• Until each Revolving Credit Lender funds its Base Rate Revolving Credit Loan or risk participation pursuant to this Section 2.04 to refinance such Revolving Credit Lender’s Applicable Revolving Credit Percentage of any Swing Line Loan, interest in respect of such Applicable Revolving Credit Percentage shall be solely for the account of the Swing Line Lender.

• Until each Revolving Credit Lender funds its Base Rate Revolving Credit Loan or risk participation pursuant to this Section 2.04 to refinance such Revolving Credit Lender’s Applicable Percentage of any Swing Line Loan, interest in respect of such Applicable Percentage shall be solely for the account of the Swing Line Lender.

• Until each Revolving Credit Lender funds its Base Rate Revolving Credit Loan or risk participation pursuant to this Section 2.04 to refinance such Lender’s Applicable Revolving Credit Percentage of any Swing Line Loan, interest in respect of such Applicable Revolving Credit Percentage shall be solely for the account of the Swing Line Lender.

• Until each Revolving Credit Lender funds its Base Rate Revolving Credit Loan or risk participation pursuant to this Section 2.04 to refinance such Revolving Credit Lender’s Applicable Revolving Credit Percentage of any Swing Line Loan, interest in respect of such Applicable Percentage shall be solely for the account of the Swing Line Lender.

• Until each Lender funds its Base Rate Revolving Credit Loan or risk participation pursuant to this Section 2.04 to refinance such Lender’s Applicable Percentage of any Swing Line Loan, interest in respect of such Applicable Percentage shall be solely for the account of the Swing Line Lender.

More Definitions of Base Rate Revolving Credit Loan

Base Rate Revolving Credit Loan means a Revolving Credit Loan that is a Base Rate Loan. “Borrower” has the meaning specified in the introductory paragraph hereto.

Base Rate Revolving Credit Loan means any Revolving Credit Loan which bears interest at the time in question at the Base Rate.

Base Rate Revolving Credit Loan a Revolving Credit Loan that bears interest based upon the Alternate Base Rate.

Base Rate Revolving Credit Loan means a Revolving Credit Loan that is a Base Rate Loan. “Beneficial Ownership Certification” means a certification regarding beneficial ownership required by the Beneficial Ownership Regulation.

Base Rate Revolving Credit Loan means a Revolving Credit Loan that is a Base Rate Loan. “Base Rate Loan” means a Revolving Credit Loan or a Term Loan that bears interest based on the Base Rate. Base Rate Loans are available only to the Company and to Designated Borrowers that are Domestic Loan Parties, and only for Loans denominated in Dollars. “Beneficial Ownership Certification” means a certification regarding beneficial ownership required by the Beneficial Ownership Regulation. “Beneficial Ownership Regulation” means 31 C.F.R. § 1010.230. “Benefit Plan” means 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”. “BHC Act Affiliate” of a party means an “affiliate” (as such term is defined under, and interpreted in accordance with, 12 U.S.C. 1841(k)) of such party. “Borrower” and “Borrowers” each has the meaning specified in the introductory paragraph hereto. “Borrower Materials” has the meaning specified in Section 6.02. “Borrowing” means a Revolving Credit Borrowing, a Swing Line Borrowing or a Term Borrowing, as the context may require. - 7-

Base Rate Revolving Credit Loan means any portion of the Revolving ------------------------------- Credit Loan during any period in which it bears interest based upon the Base Rate.

Base Rate Revolving Credit Loan. Borrowing Base," "EBITDA," "Effective Interest Rate," "Eligible Factored Receivable," "Eurodollar Rate," "Eurodollar Rate Revolving Credit Loan," "Eurodollar Reserve Percentage," "House Receivable," "Interbank Offered Rate," "Interest Payment Date," "Interest Period," "Notice of Conversion or Continuation," and "Revolving Credit Facility" in their entirety from Section 1.1 and inserting the following definition in Section 1.1 in appropriate alphabetical order: