Index Rate Loan definition

Index Rate Loan means a Loan or portion thereof bearing interest by reference to the Index Rate.
Index Rate Loan means Revolving Loans the rate of interest applicable to which is based on the Index Rate.
Index Rate Loan means the Revolving Loan or any portion thereof bearing interest by reference to the Index Rate.

Examples of Index Rate Loan in a sentence

  • Notwithstanding any other provision of this Agreement or the other Loan Documents, the Swing Line Loan shall constitute an Index Rate Loan.

  • The Borrower shall pay interest on each Index Rate Loan at the Index Rate plus the Applicable Margin in effect from time to time.

  • Any such notice must be given no later than (1) 11:00 a.m. (Chicago time) on the Business Day of the proposed Revolving Credit Advance, in the case of an Index Rate Loan, or (2) 11:00 a.m. (Chicago time) on the date which is 3 Business Days prior to the proposed Revolving Credit Advance, in the case of a LIBOR Loan.

  • Each Revolving Lender shall make the amount of such Lender’s Pro Rata Share of such Revolving Credit Advance available to Agent in same day funds by wire transfer to Agent’s account as set forth in Annex H not later than 3:00 p.m. (New York time) on the requested funding date, in the case of an Index Rate Loan and not later than 11:00 a.m. (New York time) on the requested funding date in the case of a LIBOR Loan.

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More Definitions of Index Rate Loan

Index Rate Loan means each Loan bearing interest at the Index Rate, as provided in Section 2.08(a).
Index Rate Loan means the Swing Line Loan or any portion of the Revolving Loan bearing interest by reference to the Dollar Index Rate or the Sterling Index Rate, as applicable.
Index Rate Loan means all or any portion of a Loan which bears interest at the Index Rate plus the Applicable Margin.
Index Rate Loan means any Advance bearing interest at the Base Rate, the Canadian Base Rate or the Canadian Prime Rate.
Index Rate Loan means a Loan that bears interest at a rate based on the “Index Rate.”
Index Rate Loan means Loans the rate of interest applicable to which is based on the Index Rate.
Index Rate Loan means a Revolving Loan Advance or portion thereof bearing interest by reference to the Index Rate.