Offshore Rate Loan definition

Offshore Rate Loan means a Loan that bears interest based on the Offshore Rate.
Offshore Rate Loan means any LIBOR Bid Loan or any Offshore Rate Committed Loan.
Offshore Rate Loan means a Loan that bears interest based on the Offshore Rate, and may be an Offshore Currency Loan or a Loan denominated in Dollars.

Examples of Offshore Rate Loan in a sentence

  • If the Borrower is required to so prepay any Offshore Rate Loan, then concurrently with such prepayment, the Borrower shall borrow from the affected Lender, in the amount of such repayment, a Base Rate Loan.

  • The Borrowers may not repay any Offshore Rate Loan on any day other than on the last day of the Interest Period applicable thereto unless such repayment is accompanied by any amount required to be paid pursuant to Section 4.9 hereof.

  • If the reduction of the 364 Day Facility Commitment requires the repayment of any Offshore Rate Loan, such repayment shall be accompanied by any amount required to be paid pursuant to Section 4.9 hereof.

  • Any prepayment of an Offshore Rate Loan shall be accompanied by all accrued interest thereon, together with the costs set forth in Section 3.05.

  • Offshore Rate Loan means a Loan that bears interest based on the Offshore Rate.


More Definitions of Offshore Rate Loan

Offshore Rate Loan means a Revolving Credit Loan or a Swingline Loan bearing interest at a rate based upon the Offshore Rate as provided in Section 4.1(a).
Offshore Rate Loan means a UK Facility Loan or Australian Facility Loan for which the rate of interest is determined by reference to the Offshore Rate.
Offshore Rate Loan means a Loan that bears interest based on the Offshore Rate. Ordinary Course Litigation is defined in Section 4.4. Organization Documents means, for any corporation, the certificate or articles of incorporation, the bylaws, any certificate of determination or instrument relating to the rights of preferred shareholders of such corporation, any shareholder rights agreement, and all applicable resolutions of the board of directors (or any committee thereof) of such corporation. Original Currency is defined in Section 10.19.
Offshore Rate Loan means an IBOR Bid Loan or an Offshore Rate Committed Loan.
Offshore Rate Loan means a Committed Loan that bears interest based on the Offshore Rate or a Competitive Loan that bears interest based on the Offshore Base Rate.
Offshore Rate Loan means a Loan (other than (i) Specified L/C Loans ------------------ and (ii) for all purposes other than the application of Article IV hereof ------- to the Swing Line Loans, the Swing Line Loans) that bears interest based on the Offshore Rate.
Offshore Rate Loan means a Loan that bears interest based on the