Daily LIBOR Borrowing definition

Daily LIBOR Borrowing means a Borrowing comprised of Daily LIBOR Rate Loans.
Sample 1Sample 2Sample 3

Examples of Daily LIBOR Borrowing in a sentence

  • To request a Borrowing, the Lead Borrower shall notify the Administrative Agent of such request not less than (x) one (1) Business Day prior to the proposed Borrowing date with respect to ABR Borrowing or Daily LIBOR Borrowing and (y) two (2) Business Days prior to the proposed Borrowing date with respect to a Eurodollar Borrowing.

  • To request a Borrowing, the Borrower shall notify the Administrative Agent of such request by telephone, electronic transmission or delivery by facsimile or by hand of a Credit Request (a) in the case of a LIBOR Borrowing, not later than 1:00 p.m., New York City time, two (2) Business Days before the date of the proposed Borrowing or (b) in the case of a Daily LIBOR Borrowing or a Base Rate Borrowing, not later than 12:00 noon, New York City time, on the date of the proposed Borrowing.

Related to Daily LIBOR Borrowing

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

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

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

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

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

  • Eurocurrency Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • 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).

  • LIBO Rate Advance means a Pro Rata Advance that bears interest as provided in Section 2.04(a)(ii).

  • Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(ii).

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

  • Eurocurrency Interest Period means the Interest Period applicable to a Eurocurrency-based Advance.

  • LIBOR Rate Advance means an Advance which bears interest at a LIBOR Rate.

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

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Eurodollar when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Adjusted LIBO Rate.

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

  • Eurocurrency Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the applicable Eurocurrency Rate.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

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

  • Eurocurrency Base Rate means, with respect to a Eurocurrency Rate Advance for the relevant Interest Period:

  • LIBO Borrowing means a Borrowing comprised of LIBO Loans.

  • Eurodollar Borrowing means a Borrowing comprised of Eurodollar Loans.

  • Eurocurrency Borrowing means a Borrowing comprised of Eurocurrency Loans.

  • Reference Rate Advance means an Advance which bears interest as provided in Section 2.09(a).

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

  • LIBO Rate Advances means a Competitive Bid Advance denominated in Dollars or in any Foreign Currency and bearing interest based on the LIBO Rate.