The Loan Asset is either (i) a Fixed Rate Loan Asset (subject to the Concentration Limits), or (ii) a Floating Rate Loan Asset.
Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed 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 Loan means a Loan which bears interest at the Floating Rate.
Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.
Term SOFR Rate Loan means a Loan that bears interest based on the Term SOFR Rate.
U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.
Index Rate Loan means a Loan or portion thereof bearing interest by reference to the Index Rate.
CDOR Rate Loan means a Loan denominated in Canadian Dollars the rate of interest applicable to which is based on the CDOR Rate.
Reference Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the Reference Rate.
Floating Rate Advance means an Advance which bears interest at the Floating Rate.
Fixed Rate Advance means an Advance which bears interest at a Fixed Rate.
Eurodollar Rate Borrowing means a Borrowing comprised of Eurodollar Rate Loans.
RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.
Bid Rate Loan means a loan made by a Lender under Section 2.2.
VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.
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.
LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.
Canadian Base Rate Loan means a Canadian Loan that bears interest at a rate per annum determined by reference to the Canadian Prime Rate.
LIBOR Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the LIBOR Rate.
Fixed Rate Mortgage Loan A fixed rate mortgage loan purchased pursuant to this Agreement.
SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.
LIBOR Loan means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.
Base Rate Loan means a Loan that bears interest based on the Base Rate.
RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.
Absolute Rate Loan means a Bid Loan that bears interest at a rate determined with reference to an Absolute Rate.
Eurodollar Rate Committed Loan means a Committed Loan that bears interest at a rate based on the Eurodollar Rate.