LIBOR Option has the meaning specified therefor in Section 2.12(a) of the Agreement.
LIBOR Option has the meaning set forth in Section 2.13(a).
LIBOR Option has the meaning specified therefor in Section 2.04(d)(i).
Examples of LIBOR Option in a sentence
Each such notice shall specify the requested date and amount of such Revolving Credit Loan, whether such Revolving Credit Loan shall be subject to the LIBOR Option or Term SOFR Option, and the amount of each Lender’s advance thereunder (in accordance with its applicable Pro Rata Percentage).
More Definitions of LIBOR Option
LIBOR Option shall have the meaning given to such term in Section 4.8(a).
LIBOR Option means the option granted pursuant to subsection 2.6(B) to have the interest on all or any portion of the principal amount of the Loan based on a LIBOR Based Rate.
LIBOR Option the option granted pursuant to Section 4.1 to have the interest on all or any portion of the principal amount of the Revolving Credit Loans or any Term Loan Advance based on LIBOR.
LIBOR Option shall have the meaning given that term in Section 2.6(a) below.
LIBOR Option has the meaning set forth in Section 3.2(i).
LIBOR Option means an annual rate of interest equal to the then applicable reserve adjusted thirty (30), sixty (60) or ninety (90) day LIBOR as selected by Borrower, plus the then applicable LIBOR Option Percentage set forth in the definition of Applicable Spread.
LIBOR Option the option granted pursuant to Section 3.1 of the Agreement to have the interest on all or any portion of the principal amount of the Revolving Credit Loans or the Term Loan based on the LIBOR. LIBOR Portion - a LIBOR Revolving Portion or a LIBOR Term Portion. LIBOR Request - a notice in writing (or by telephone confirmed electronically or by telecopy or other facsimile transmission on the same day as the telephone request) from a Borrower to Agent requesting that interest on a Revolving Credit Loan or all or any portion of the Term Loan be based on the LIBOR, specifying: (i) the first day of the Interest Period (which shall be a Business Day); (ii) the length of the Interest Period; (iii) whether the LIBOR Portion is a new Loan, a conversion of a Base Rate Portion, or a continuation of a LIBOR Portion, and (iv) the dollar amount of the LIBOR Portion, which shall be in an amount not less than $1,000,000 or an integral multiple of $100,000 in excess thereof. LIBOR Revolving Portion - that portion of the Revolving Credit Loans specified in a LIBOR Request (including any portion of Revolving Credit Loans which is being borrowed by a Borrower concurrently with such LIBOR Request) which, as of the date of the LIBOR Request specifying such LIBOR Revolving Portion, has met the conditions for basing interest on the LIBOR in Section 3.1 of the Agreement and the Interest Period of which has not terminated. LIBOR Term Portion - that portion of the Term Loan specified in a LIBOR Request which, as of the date of the LIBOR Request specifying such LIBOR Term Portion, has met the conditions for basing interest on the LIBOR in Section 3.1 of the Agreement and the Interest Period of which has not terminated.