CB Floating Rate Loans definition

CB Floating Rate Loans. Eurodollar Loans:
CB Floating Rate Loans means Loans at such as they are being made and/or maintained at a rate of interest based on the CB Floating Rate.

Examples of CB Floating Rate Loans in a sentence

  • CB Floating Rate Loans may be prepaid by the Borrower without premium or penalty.

  • Each such prepayment of a Borrowing shall be applied ratably to the Loans included in the prepaid Borrowing, shall be applied first to CB Floating Rate Loans outstanding, and then to outstanding Eurodollar Loans, subject to Section 2.14.

  • For CB Floating Rate Loans, “Interest Period” shall mean the period agreed to by the parties hereto.

  • Annex I-1 Rate and Fee Basis: All per annum rates shall be calculated on the basis of a year of 360 days (or 365/366 days, in the case of CB Floating Rate Loans the interest rate payable on which is then based on the Prime Rate (as defined in the DIP Credit Agreement), for actual days elapsed.

  • Each Revolving Credit Loan which shall not utilize the Revolving Credit Facility in full shall be in the minimum amount of $100,000 in the case of CB Floating Rate Loans and $500,000 in the case of LIBOR Loans.

  • A design improvement of the DIFF precomparator was proposed and simulated, obtaining an extension of the expected operation range up to 500 Mrad,which remains marginal compared to the expected dose in the CMS detector.

  • All Eurocurrency Loans of the affected Type from such Lender denominated in US Dollars shall be converted to CB Floating Rate Loans and all CDOR Loans from such Lender shall be converted to Canadian Prime Loans, as applicable, either on the last day of the Interest Period thereof, if such Lender may lawfully continue to maintain such Eurocurrency Loans or CDOR Loans to such day, or immediately, if such Lender may not lawfully continue to maintain such Eurocurrency Loans or CDOR Loans.

  • The Applicable Interest Rate for any Loan shall be, at the Borrower’s option and in accordance herewith, (a) the CB Floating Rate plus the Applicable Margin (as hereinafter defined) (the “CB Floating Rate Loan(s)”) or (b) the Adjusted LIBO Rate (as hereafter defined) plus the Applicable Margin (as hereinafter defined) (the “LIBOR Loan(s)”, and, together with the CB Floating Rate Loans, collectively, “Loans”).

  • Each notice shall be irrevocable and shall specify the date and amount of prepayment and whether such prepayment is of Adjusted Libor Loans, CB Floating Rate Loans or Quoted Rate Loans, or a combination thereof, and if a combination thereof, the amount of prepayment allocable to each.

  • The Revolving Credit Loans may be (i) Adjusted Libor Loans, (ii) CB Floating Rate Loans, (iii) Quoted Rate Loans or (iv) a combination thereof.

Related to CB Floating Rate Loans

  • Floating Rate Loan means a Loan which bears interest at the Floating Rate.

  • Fixed Rate Loans means CD Loans or Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • Floating Rate Advance means an Advance which bears interest at the Floating Rate.

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • LIBOR Rate Loans means Loans bearing interest at rates determined by reference to the Adjusted LIBOR Rate as provided in subsection 2.2A.

  • Base Rate Loans Loans the rate of interest applicable to which is based upon the Base Rate.

  • Index Rate Loan means a Loan or portion thereof bearing interest by reference to the Index Rate.

  • Prime Rate Loans means any Loans or portion thereof on which interest is payable based on the Prime Rate in accordance with the terms thereof.

  • Eurodollar Rate Loans means any Loans or portion thereof on which interest is payable based on the Adjusted Eurodollar Rate in accordance with the terms hereof.

  • U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.

  • Reference Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the Reference Rate.

  • Eurodollar Rate Borrowing means a Borrowing comprised of Eurodollar Rate Loans.

  • LIBOR Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the LIBOR Rate.

  • Base Rate Loan means a Loan that bears interest based on the Base Rate.

  • Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

  • Prime Rate Loan means any Loan bearing interest at a rate determined by reference to the Prime Rate in accordance with the provisions of Article II.

  • Fixed Rate Advances has the meaning specified in Section 2.03(a)(i).

  • CDOR Rate Loan means a Loan denominated in Canadian Dollars the rate of interest applicable to which is based on the CDOR Rate.

  • Eurodollar Loans Loans the rate of interest applicable to which is based upon the Eurodollar Rate.

  • Alternate Base Rate Loans means Loans that bear interest at an interest rate based on the Alternate Base Rate.

  • LIBO Rate Loan means a Loan bearing interest, at all times during an Interest Period applicable to such Loan, at a fixed rate of interest determined by reference to the LIBO Rate (Reserve Adjusted).

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.

  • Term SOFR Rate Loan means a Loan that bears interest based on the Term SOFR Rate.

  • Offshore Rate Loan means a Loan that bears interest based on the Offshore Rate.

  • Eurocurrency Rate Advance means a Revolving Credit Advance denominated in Dollars or a Committed Currency that bears interest as provided in Section 2.07(a)(ii).