Loan Period definition

Loan Period means with respect to any LIBOR Rate Loan, the period commencing on such LIBOR Rate Loan’s Funding Date, the date of the Conversion of any Base Rate Loan into such LIBOR Rate Loan or the date of the Continuation of such LIBOR Rate Loan for a new Loan Period and ending one week or one, two, three or six months thereafter as selected by the Borrower pursuant to Section 2.2(a); provided, however, that:

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Loan Period means the period of time expressed in days from the loan date to the return date;

Loan Period means the period commencing on the date of this Agreement and ending on the day the Loans and all amounts outstanding under this Agreement have been indefeasibly and in full repaid to the Lenders.

Examples of Loan Period in a sentence

Notwithstanding anything to the contrary contained in this Agreement, the initial Loan Period for Term Loans made or continued on the Closing Date shall commence on the Closing Date and end on June 30, 2025 and Term SOFR applicable to such initial Loan Period shall be as set forth in the last two sentences of the definition of “Term SOFR”.
Each such notice of a Conversion or Continuation shall, within the restrictions specified above, specify (i) the date of such Conversion or Continuation, (ii) the Term Loans to be Converted or Continued, and (iii) if such Conversion is into SOFR Rate Loans or if such notice is of a Continuation of SOFR Rate Loans, the duration of the initial (or Continued) Loan Period for each such Term Loan.
Each such notice to the Agent (a “Term Loan Request”) shall be substantially in the form of Exhibit A and shall specify (i) the Funding Date (which shall be a Business Day), (ii) the aggregate amount of the Term Loans requested (in an amount permitted under clause (b) below), (iii) whether each Term Loan shall be a SOFR Rate Loan or a Base Rate Loan and (iv) if a SOFR Rate Loan, the Loan Period therefor (subject to the limitations set forth in the definition of Loan Period and Section 2.5).

More Definitions of Loan Period

Loan Period means (i) with respect to any Absolute Rate Loan, the period commencing on such Loan's Funding Date and ending not less than 14 days thereafter nor more than 6 months thereafter as specified in the Bid Loan Request related to such Bid Loan and (ii) with respect to any LIBOR Rate Loan, the period commencing on such Loan's Funding Date and ending 1, 2, 3 or 6 months thereafter as selected by the Company pursuant to Section 3.2(a) or specified in the Notice of Competitive Bid Borrowing, as the case may be; provided, however, that:

Loan Period. (SAL/SALT only) means the length of time between loan installments.

Loan Period means the period from the Execution Date to the date upon which all monies owing and/or payable by the Borrower to the Lender under the Finance Documents are fully, unconditionally and irrevocably paid and the Available Facility has been reduced to zero.

Loan Period means the period of time from the date the loan is made until the date the loan is paid off, the loan is in default, or the loan is refinanced and new loan documents are issued, including all grace or extension periods.

Loan Period means the period commencing on the advance date of the applicable LIBOR Rate Loan and ending on the numerically corresponding day 1, 2, 3 or 6 months thereafter matching the interest rate term selected by the Borrower; provided, however, (a) if any Loan Period would otherwise end on a day which is not a New York Banking Day, then the Loan Period shall end on the next succeeding New York Banking Day unless the next succeeding New York Banking Day falls in another calendar month, in which case the Loan Period shall end on the immediately preceding New York Banking Day; or (b) if any Loan Period begins on the last New York Banking Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of the Loan Period), then the Loan Period shall end on the last New York Banking Day of the calendar month at the end of such Loan Period.

Loan Period means the combined Revolving Loan Period and Term Loan Period.

Loan Period means the number of Months stated in the Disclosure Statement and Amortization Schedule and is the period within which I am obliged to pay my Installment Loan. For the avoidance of doubt, the Loan Period shall commence on the Loan Period Commencement Date.