LIBOR Rate Portion definition

LIBOR Rate Portion means that portion or portion of the Loan which bears interest at the Adjusted LIBOR Rate.

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LIBOR Rate Portion means at any time the part, including the whole, of the unpaid principal amount of the Line bearing interest at such time at the LIBOR Rate.

LIBOR Rate Portion means a portion of the principal amount outstanding under this Note which is bearing interest at a rate related to LIBOR. No LIBOR Rate Portion shall be less than Two Hundred Fifty Thousand Dollars ($250,000).

Examples of LIBOR Rate Portion in a sentence

Each prepayment of a LIBOR Rate Portion, whether voluntary, by reason of acceleration or otherwise, will be accompanied by the amount of accrued interest on the amount prepaid, and a prepayment fee as described below.
This request must designate an amount (the "LIBOR Rate Portion") and a period (the "LIBOR Interest Period").
Each prepayment of a LIBOR Rate Portion shall be not less than $250,000 and shall be in an integral multiple of $100,000, and Bank shall have received notice of each such prepayment on the date that is five (5) Business Days before the date of such prepayment (which notice shall identify the date and amount of the prepayment).
The LIBOR Rate Portion must be at least $100,000 and the LIBOR Interest Period will be for 30, 60 or 90 days or such other period to which the parties may agree.
Makers shall indemnify Lender against and reimburse Lender for increased costs to Lender, as a result of any Regulatory Change, in the maintaining of any LIBOR Rate Portion.

More Definitions of LIBOR Rate Portion

LIBOR Rate Portion means any portion of the unpaid principal balance of a Loan which Borrower designates as such in a Rate Election.

LIBOR Rate Portion means all or such part of the principal balance of credit provided under this Agreement for which interest is payable at the rate related to the LIBOR Rate.

LIBOR Rate Portion means that portion or those portions of the Loan which bear interest computed with reference to the LIBOR Rate.

LIBOR Rate Portion. Each portion of the Loans which bears, or is to bear, interest under the LIBOR Rate Option; the term "LIBOR Rate Portions" shall mean collectively all such portions of the Loans which bear, or are to bear, interest under the LIBOR Rate Option.

LIBOR Rate Portion means any portion ------------------ of the aggregate outstanding principal amounts of all Loans on which interest is to be

LIBOR Rate Portion. At any time, the part, including the whole, of the unpaid principal amount of the Note bearing interest at such time under the Libor Rate Option, or in accordance with the second sentence under the heading "Available Interest Rate Option" set forth in Section 2.3(d) hereof.

LIBOR Rate Portion or "As-Offered Rate Portion" shall mean at any time the part, including the whole, of the unpaid principal amount of the Note bearing interest at such time under the LIBOR-Rate Option or As-Offered Rate Portion as the case may be, or at a rate determined by reference to the LIBOR-Rate Option pursuant to Section 5 of this Supplement.