Eurodollar Rate Loan definition

Eurodollar Rate Loan means a Loan that bears interest at a rate based on the Eurodollar Rate.
Eurodollar Rate Loan means an Advance at any time that bears interest based on the Eurodollar Rate.
Eurodollar Rate Loan means a Loan that bears interest as provided in Section 3.05(b)(ii).

Examples of Eurodollar Rate Loan in a sentence

  • Except as otherwise provided herein, a Eurodollar Rate Loan may be continued or converted only on the last day of an Interest Period for such Eurodollar Rate Loan.

  • For purposes of calculating amounts payable by the Borrower to the Lenders under this Section 3.05, each Lender shall be deemed to have funded each Eurodollar Rate Loan made by it at the Eurodollar Rate for such Loan by a matching deposit or other borrowing in the London interbank eurodollar market for a comparable amount and for a comparable period, whether or not such Eurodollar Rate Loan was in fact so funded.

  • Any prepayment of a Eurodollar Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to Section 3.05.


More Definitions of Eurodollar Rate Loan

Eurodollar Rate Loan means a Revolving Loan that bears interest at a rate based on the Eurodollar Rate.
Eurodollar Rate Loan means a Loan that bears interest at a rate based on clause (a) of the definition ofEurodollar Rate.” “Event of Default” has the meaning specified in Section 8.01.
Eurodollar Rate Loan means a Revolving Credit Loan or a Term Loan that bears interest at a rate based on clause (a) of the definition of “Eurodollar Rate”. Eurodollar Rate Loans may be denominated in Dollars or in an Alternative Currency. All Loans denominated in an Alternative Currency must be Eurodollar Rate Loans.
Eurodollar Rate Loan means a Loan, or portion thereof, which bears interest at the Eurodollar Rate.
Eurodollar Rate Loan means any Loan which bears interest at the Eurodollar Rate.
Eurodollar Rate Loan means a Loan that bears interest at a rate based on the Eurodollar Rate. “Event of Default” has the meaning specified in Section 8.01.
Eurodollar Rate Loan means any Revolving Loan that, for an Interest Period, bears interest based on the Eurodollar Rate.