Definition of Term Eurodollar Loan


Term Eurodollar Loan means a Term Loan when and to the extent the Interest Rate therefor is determined on the basis of the definition "Eurodollar Base Rate."
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Examples of Term Eurodollar Loan in a sentence

Identification of a Loan (or a Borrowing) by both Class and Type (e.g., a Term Eurodollar Loan) indicates that such Loan is a Loan of both such Class and such Type (e.g., both a Term Loan and a Eurodollar Loan) or that such Borrowing is comprised of such Loans.
Identification of a Loan (or a Borrowing) by both Class and Type (e.g., a "Term Eurodollar Loan") indicates that such Loan is a Loan of both such Class and such Type (e.g., both a Term Loan and a Eurodollar Loan) or that such Borrowing is comprised of such Loans.
Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or Eurodollar Loans; provided that, without the prior written consent of the Majority Lenders, no more than five (5) Revolving Credit Eurodollar Loans may be outstanding at any time to any Lender and no more than one Term Eurodollar Loan may be outstanding at any time to any Lender.
Identification of a Loan (or a Borrowing) by both Class and Type (e.g., a Term Eurodollar Loan) indicates that such Loan is a Loan of both such Class and such Type (e.g., both an Initial Term Loan and a Eurodollar Loan) or that such Borrowing is comprised of such Loans.
For purposes of this Agreement, Loans may be classified and referred to by class (e.g., a Term Loan) or by type (e.g., a Eurodollar Loan) or by class and type (e.g., a Term Eurodollar Loan).