Interest Option definition
Interest Option has the meaning given such term in Section 2.5(c).
Interest Option means the LIBOR Rate or the Alternate Base Rate.
Interest Option means LIBOR or the Reference Rate.
Examples of Interest Option in a sentence
The Administrative Agent shall promptly notify each Lender of the receipt of a Request for Borrowing, or a Conversion Notice, the amount of the Borrowing and the amount of such Lender’s Pro Rata Share of the applicable Loans, the date the Borrowing is to be made, and the Interest Option selected.
More Definitions of Interest Option
Interest Option means SOFR or the Reference Rate.
Interest Option means any of them.
Interest Option means each of the Eurocurrency Rate and the Base Rate.
Interest Option means each of LIBOR and the Prime Rate.
Interest Option means, at the Borrowers’ option, each of the Term SOFR Rate and the Alternate Base Rate.
Interest Option shall have the meaning ascribed to it in Section 2.9(a) hereof.
Interest Option means Daily Simple SOFR, Term SOFR, the Reference Rate, Daily Simple ▇▇▇▇▇, Term ▇▇▇▇▇ or the applicable Eurocurrency Term Rate.