Interest Rate Option means any LIBOR Rate Option or Base Rate Option.
Interest Rate Option means any Term Rate Loan Option or Daily Rate Loan Option.
Interest Rate Option means any Euro-Rate Option or Base Rate Option.
Examples of Interest Rate Option in a sentence
No Loan denominated in an Alternative Currency may be converted into a Loan with a different Interest Rate Option, and no Loan may be converted to a Loan denominated in a different Currency.
Any Borrowing Request with respect to a Borrowing of Loans in Dollars that fails to select an Interest Rate Option shall be deemed to be a request for a Term SOFR Rate Option with an Interest Period of one (1) month.
The notice shall specify an Interest Period during which such Interest Rate Option shall apply.
More Definitions of Interest Rate Option
Interest Rate Option means any (a) LIBOR Rate Option or (b) Base Rate Option.
Interest Rate Option means any Term SOFR Rate Option or Base Rate Option.
Interest Rate Option shall have the meaning ascribed to such term in Section 2.05(b) of the Credit Agreement.
Interest Rate Option means any Term SOFR Rate Option or Base Rate Option or, solely with respect to Swing Loans, the Daily Simple SOFR Option.
Interest Rate Option means the Base Rate or the Adjusted LIBOR selected by Borrower for all or any part of the Loans as permitted by this Agreement.
Interest Rate Option means any Euro-Rate Option or Base Rate Option. Interim Statements shall have the meaning assigned to that term in Section 5.1.9(i).
Interest Rate Option means the Company’s option to have Loans under a Facility bear interest at the LIBOR Index Option or Quoted Rate Option, in each case, pursuant to and as permitted by the terms of the applicable Note.