Examples of LIBOR Loan in a sentence
From and after the Eighth Amendment Effective Date, (x) the Borrower shall not be permitted to request that any Lender fund, and no Lender shall fund, any LIBOR Rate Loan, (y) no Existing LIBOR Loan may be continued as a LIBOR Rate Loan and (z) each Existing LIBOR Loan may be converted to a Term SOFR Rate Loan or a Base Rate Loan in accordance with the Credit Agreement.
Without limiting the generality of the foregoing, such indemnification shall include the costs and expenses of2.25 or 10.1, then, in any such event, the Borrower shall compensate each Lender that arefor the loss, cost and expense attributable to the premature unwinding of any Hedging Agreement entered into by such Lender in respect of the foreign currency exposure attributable to such actual or proposed LIBOR Loan.
Notwithstanding anything to the contrary in the Credit Agreement or in any other Loan Document, to the extent any LIBOR Loan (as defined in the Existing Credit Agreement) is outstanding on the Sixth Amendment Effective Date, such Loan shall continue to bear interest at LIBOR (as defined in the Existing Credit Agreement) plus the Applicable Rate (as defined in the Existing Credit Agreement) applicable to such LIBOR Loan in accordance with and subject to the Existing Credit Agreement.
Any request for a new LIBOR Loan shall be deemed to be a request for a new Loan bearing interest at the BSBY Rate; provided, that any LIBOR Loan outstanding on the Amendment Effective Date shall continue to bear interest at LIBOR until the end of its current Interest Period.
If prior to the first day of any Interest Period for any LIBOR Loan in Dollars:[Reserved].