Money Market Loans definition

Money Market Loans means the loans provided for by Section 2.03 hereof.
Money Market Loans means Loans made pursuant to the terms and conditions set forth in Section 2.03.
Money Market Loans. Revolving Credit Loans the rate of interest applicable to which is based upon the Money Market Rate.

Examples of Money Market Loans in a sentence

  • Whenever any payment of principal of, or interest on, the Money Market Loans shall be due on a day which is not a Euro-Dollar Business Day, the date for payment thereof shall be extended to the next succeeding Euro-Dollar Business Day.

  • Determinations by the Administrative Agent of the amounts of Money Market Loans shall be conclusive in the absence of manifest error.

  • Determinations by the Agent of the amounts of Money Market Loans shall be conclusive in the absence of manifest error.

  • The Agent's notice to the Borrower shall specify (A) the aggregate principal amount of Money Market Loans for which offers have been received for each Interest Period specified in the related Money Market Quote Request, (B) the respective principal amounts and Money Market Margins or Money Market Absolute Rates, as the case may be, so offered and (C) if applicable, limitations on the aggregate principal amount of Money Market Loans for which offers in any single Money Market Quote may be accepted.

  • Promptly upon receipt of a Money Market Quote Request, the Agent shall send to the Banks by telex or facsimile transmission an Invitation for Money Market Quotes substantially in the form of Exhibit C hereto, which shall constitute an invitation by the Borrower to each Bank to submit Money Market Quotes offering to make the Money Market Loans to which such Money Market Quote Request relates in accordance with this Section.


More Definitions of Money Market Loans

Money Market Loans outstanding under the Existing Agreement on the Effective Date made by Banks parties to this Agreement shall remain outstanding as Money Market Loans hereunder on the terms previously established with respect thereto under the Existing Agreement. Any "Letters of Credit" issued by the Issuing Bank under the Existing Agreement and outstanding on the Effective Date shall remain outstanding as Letters of Credit hereunder. Concurrently with the effectiveness of this Agreement, the Borrower shall pay all accrued and unpaid commitment and facility fees under the Existing Agreement to, but excluding, the Effective Date.
Money Market Loans means loans that bear interest at a rate based on the Money Market Rate.
Money Market Loans shall be Set Rate Loans, provided that:
Money Market Loans means any Loan hereunder bearing interest at a fluctuating rate determined by reference to the Money Market Rate.
Money Market Loans. Loans denominated in Dollars the rate of interest applicable to which is based upon the Money Market Rate.
Money Market Loans means the loans provided for by ss.1.02 hereof.
Money Market Loans outstanding under the Existing Agreement made by "Banks" under the Existing Agreement which are not Banks hereunder and (ii) all Committed Loans outstanding under the Existing Agreement. Any "Money Market Loans" outstanding under the Existing Agreement on the Effective Date made by Banks parties to this Agreement shall remain outstanding as Money Market Loans hereunder on the terms previously established with respect thereto under the Existing Agreement. Any "Letters of Credit" issued by the Issuing Bank under the Existing Agreement and outstanding on the Effective Date shall remain outstanding as Letters of Credit hereunder. Concurrently with the effectiveness of this Agreement, the Borrower shall pay all accrued and unpaid commitment and facility fees under the Existing Agreement to, but excluding, the Effective Date.