Eurodollar Term Loan definition

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

Examples of Eurodollar Term Loan in a sentence

  • The Initial Term B Loans comprising each Eurodollar Term Loan Borrowing shall bear interest at the Adjusted LIBO Rate for the Interest Period in effect for such Borrowing plus the Applicable Margin for Eurodollar Initial Term B Loans.

  • Each Lender at its option may make, continue or convert any Eurodollar Term Loan by causing any domestic or foreign branch or Affiliate of such Lender to make such Loan; provided that any exercise of such option shall notaffect the obligation of the Borrower to repay such Loan in accordance with the terms of this Agreement.

  • If no Interest Period is specified with respect to any requested Eurodollar Revolving Borrowing or Eurodollar Term Loan Borrowing, then the Borrower shall be deemed to have selected an Interest Period of one month’s duration.

  • Each partial prepayment of any Revolving Borrowing or Term Loan Borrowing shall be in an amount that is an integral multiple of $1,000,000 and not less than $1,000,000 in the case of an ABR Revolving Borrowing or ABR Term Loan Borrowing, or $3,000,000 in the case of a Eurodollar Revolving Borrowing or Eurodollar Term Loan Borrowing.

  • Upon the occurrence and during the continuance of any Event of Default, and upon written notice thereof from the Administrative Agent to the Borrower (i) each Eurodollar Term Loan will automatically, on the last day of the then existing Interest Period therefor, convert into a Base Rate Term Loan, and (ii) the obligation of the Lenders to make, continue or convert Loans into Eurodollar Term Loans shall be suspended.


More Definitions of Eurodollar Term Loan

Eurodollar Term Loan any Term Loan, New Term Loan or New Term III Loan bearing interest at a rate determined by reference to the Eurodollar Rate.
Eurodollar Term Loan means any Tranche A Term Loan or Tranche E Term Loan bearing interest at a rate determined by reference to the Eurodollar Rate.
Eurodollar Term Loan means any Term Loan bearing interest at a rate determined by reference to the Eurodollar Rate in accordance with the provisions of Article II.
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. 16 11
Eurodollar Term Loan means any portion of the Term Loans as to which EnergySolutions has elected the Eurodollar Basis for the interest rate thereon, in accordance with the provisions of Section 2.2 hereof, and which shall be in a principal amount of at least $5,000,000 and in an integral multiple of $1,000,000.
Eurodollar Term Loan means any Eurodollar Term B-1 Loan or Eurodollar Term B-2 Loan.
Eurodollar Term Loan means a Term Loan that is a Eurodollar Rate Loan.