Rate Loans definition

Rate Loans means those Loans which are subject to a rate of interest which may at any time be varied in accordance with the relevant Mortgage Terms (and shall, for the avoidance of doubt, exclude Fixed Rate Loans and Tracker Loans);

Rate Loans. Bank Loans the rate of interest applicable to which is based upon the C/D Rate.

Rate Loans. Credit Local de France 450 Xxxx Xxxxxx, 0xx Xxxxx Xxx Xxxx, XX 00000 Eurodollar Loans: -same as above- Address for Notices: Michxxx Xxxxxxx Credit Local de France 450 Xxxx Xxxxxx, 0xx Xxxxx Xxx Xxxx, XX 00000 Telephone: (212) 000-0000 Fax: (212) 000-0000

Examples of Rate Loans in a sentence

• All computations of interest for SOFR Loans, and for Base Rate Loans when the Base Rate is determined by the Federal Funds Effective Rate, shall be made on the basis of a 360-day year and actual days elapsed.

• Except as provided in Sections 2.03(c) and 2.04(c), each Borrowing of or conversion to Base Rate Loans or Canadian Prime Rate Loans shall be in a principal amount of the Dollar Equivalent $500,000 or a whole multiple of the Dollar Equivalent of $100,000 in excess thereof.

• Any Revolving Loan shall, at the option of Borrower, be made either as a Base Rate Loan or as a SOFR Loan; provided that if a Default or Event of Default has occurred and is continuing, all Loans shall be made as Base Rate Loans.

• The Administrative Agent shall promptly notify the Borrower and the Lenders of the interest rate applicable to any Interest Period for Eurodollar Rate Loans upon determination of such interest rate.

• If Axos Bank resigns as Swingline Lender, it shall retain all the rights of the Swingline Lender provided for hereunder with respect to Swingline Loans made by it and outstanding as of the effective date of such resignation, including the right to require the Lenders to make Base Rate Loans or fund risk participations in outstanding Swingline Loans pursuant to Section 2.04(c).

More Definitions of Rate Loans

Rate Loans. The Sakura Bank, Limited, New York Branch 277 Xxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, XX 00000-0000 Eurodollar Loans: -same as above- Address for Notices: Mr. Xxxxxxxx Xxxxxxxx The Sakura Bank, Limited, New York Branch 277 Xxxx Xxxxxx 00xx Xxxxx Xxx Xxxx, XX 00000-0000 Telephone: (212) 000-0000 Fax: (212) 000-0000

Rate Loans means Loans made by one or more Lenders to Company pursuant to subsection 2.1.E.

Rate Loans and inserting into subclause (y) thereof the text ", Federal Funds Rate Loans" after the term "Eurodollar Loans".

Rate Loans and the Borrower shall on the last day(s) of the then current Interest Period(s) for outstanding Eurodollar Rate Loans, as applicable, convert such Eurodollar Rate Loans into another Eurodollar Rate Loan if such Eurodollar Rate Loan is not subject to the same or similar condition, or Base Rate Loans, if available hereunder. The Agent shall give the Authorized Representative notice describing in reasonable detail any event or condition described in this Section 5.2 promptly following the determination by the Agent that the availability of Eurodollar Rate Loans is, or is to be, suspended as a result thereof.

Rate Loans. Eurodollar Rate Loans shall bear interest for each Interest Period, or remaining portion thereof, with respect thereto on the unpaid principal amount thereof at a rate per annum equal to the Eurodollar Rate determined for such Interest Period plus the Applicable Margin (as applicable during such period).

Rate Loans shall have the meaning set forth in Subsection 3.1.1. Borrower Benefit Plan: means (a) any “employee benefit plan”, as such term is defined in Section 3(3) of ERISA (including any “multiemployer plan” as defined in Section 3(37) of ERISA); (b) any “multiple employer plan” within the meaning of Section 413 of the Code; (c) any “multiple employer welfare arrangement” within the meaning of Section 3(40) of ERISA; (d) a “voluntary employees’ beneficiary association” within the meaning of Section 501(a)(9) of the Code; (e) a “welfare benefit fund” within the meaning of Section 419 of the Code; or (f) any employee welfare benefit plan within the meaning of Section 3(1) of ERISA for the benefit of retired or former employees, which is maintained by Borrower or in which Borrower participates or to which Borrower is obligated to contribute. Borrower Pension Plan: means each Borrower Benefit Plan that is an “employee pension benefit plan” as defined in Section 3(2) of ERISA that is intended to satisfy the requirements of Section 401(a) of the Code. Borrower’s Account: means Borrower’s account as set forth on Exhibit 13.29 hereto, or as otherwise specified to the Administrative Agent in writing. Borrowing Notice: shall have the meaning set forth in Section 2.3. Capital Leases: means, at any time, a lease with respect to which the lessee is required concurrently to recognize the acquisition of any asset and the incurrence of a liability in accordance with GAAP; provided that, notwithstanding any change in GAAP after the date hereof relating to leases, any lease that was accounted for by the lessee as an operating lease as 3

Rate Loans. Banque Paribas The Equitable Tower 000 Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx X'Xxxxx/Xxxx Xxxxxx Operations Officers