Eurodollar Term Loans definition

Eurodollar Term Loans. Term Loans for which the applicable rate of interest is based upon the Eurodollar Rate.
Sample 1Sample 2
Eurodollar Term Loans categories, respectively, set forth in such definition (without regard to the amount of Quarterly Average Excess Availability (as such term is defined in the Loan Agreement)) plus two (2%) percent per annum, at Payee's option, after notice to Debtor, for the period (A) from and after the effective date of termination of the Loan Agreement until Payee has received full and final payment of all outstanding and unpaid Obligations which are not contingent and cash collateral (or an acceptable letter of credit) in the amounts and on the term required under Section 12.1 of the Loan Agreement for contingent Obligations (notwithstanding entry of a judgment against Debtor) and (B) from and after the date of the occurrence of an Event of Default for so long as such Event of Default is continuing, (b) the term "Prime Rate" shall mean the rate from time to time publicly announced by First Union National Bank, or its successors, from time to time, as its prime rate, whether or not such announced rate is the best rate available at such bank, (c) the term "Event of Default" shall mean an Event of Default as such term is defined in the Loan Agreement, and (d) the term "Loan Agreement" shall mean the Amended and Restated Loan Agreement, dated August 27, 2001, by and among Payee, Debtor and RBX Corporation, as the same now exists or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced. Unless otherwise defined herein, all capitalized terms used herein shall have the meaning assigned thereto in the Loan Agreement.
Sample 1Sample 2
Eurodollar Term Loans means the Term Loans which at any time bear interest at a rate determined with reference to the Interbank Rate (Reserve Adjusted).
Sample 1

Examples of Eurodollar Term Loans in a sentence

  • Any amounts remaining after each such application shall be applied to prepay Eurodollar Term Loans or Eurodollar Revolving Loans, as applicable.

  • Any such notice of conversion to Eurodollar Revolving Credit Loans or Eurodollar Term Loans shall specify the length of the initial Interest Period or Interest Periods therefor.

  • The Borrower may elect from time to time to convert ABR Loans to Eurodollar Revolving Credit Loans or Eurodollar Term Loans, as applicable, by giving the Administrative Agent at least three Business Days’ prior irrevocable notice of such election.

  • The KPI system including its interconnections will be evaluated on its relevance with traffic planning experts and other stakeholders.

  • Any amounts remaining after each such application shall be applied to prepay Eurodollar Term Loans.

  • The Term Loans, New Term Loans and New Term III Loans may from time to time be Eurodollar Term Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.1B and 2.1C (each, solely with respect to the Term Loans), Sections 2.1D and 2.1E (each, solely with respect to the New Term Loans), Sections 2.1F and 2.1G (each, solely with respect to the New Term III Loans) and Section 2.6. Section 2.1B Procedure for Term Loan Borrowings.

  • Chisholm, A.B. and M.J. Harrison, Opioid abuse amongst anaesthetists: a system to detect personal usage.

  • Retrospective study of RAS/ PIK3CA/BRAF tumor mutations as predictors of response to first-line chemotherapy with bevacizumab in metastatic colorectal cancer patients.

  • 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.

  • The interest rate on Eurodollar Term Loans is determined by reference to the LIBO Rate, which is derived from the London interbank offered rate (“LIBOR”).


More Definitions of Eurodollar Term Loans

Eurodollar Term Loans means Term Loans or portions thereof which bear interest at the rate and in the manner set forth in Section 4.02.
Sample 1
Eurodollar Term Loans. Interest shall accrue on the principal amount of those Eurodollar Loans, which are Term Loans, outstanding at a rate per annum equal to two and one half percent (2.5%) above the Eurodollar Rate."
Sample 1
Eurodollar Term Loans means Eurodollar Term Loan A and Eurodollar Term --------------------- Loan B.
Sample 1

Related to Eurodollar Term Loans

  • 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.

  • 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.

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

  • LIBOR Term Loan means any Term Loan bearing interest at a rate determined by reference to the LIBOR Rate.

  • Eurodollar Tranche the collective reference to Eurodollar Loans the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

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

  • LIBOR Loans means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.

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

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

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

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

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

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

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

  • New Term Loans as defined in Section 2.24.

  • Term Loan Borrowing means a borrowing consisting of Term Loans made on the same day by the Term Loan Lenders ratably according to their respective Term Loan Commitments.

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

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Advances of the same Type made by the Term A Lenders.

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.

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

  • LIBOR Rate Loans means Loans bearing interest at a rate based on the LIBOR Base Rate or LIBOR Rate, as applicable.

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

  • Revolving Borrowing means a Borrowing comprised of Revolving Loans.