Term Fixed Rate Loan definition

Term Fixed Rate Loan means any portion of the Term Loan which bears interest at a rate determined by reference to a Fixed Rate.
Sample 1

Examples of Term Fixed Rate Loan in a sentence

  • Summary/PurposeCouncil is requested to consider the establishment of a new Term Fixed Rate Loan in the amount of $532,000 for a term of twenty (20) years to part fund the Growth Strategy Projects - Redevelopment of the Greenbushes and Bridgetown Railway Stations.

  • In the case all or any portion of the Term Loan is to be a Term Base Rate Loan or a Term Fixed Rate Loan, the Borrower shall so notify the Agent no later than 12:00 p.m. (noon) (St. Louis, Missouri time) as of the date of such Loan.

  • With respect to any Term Fixed Rate Loan, the Borrower shall also notify the Agent as to which portion, if any, shall be a Term Fixed Rate Non-Prepayment Penalty Loan and as to which portion, if any, shall be a Term Fixed Rate Prepayment Penalty Loan.

  • A Term Fixed Rate Loan must be selected by the Borrower by the Conversion Date, and such selection is irrevocable.

Related to Term Fixed Rate Loan

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

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

  • Fixed Rate Loans means CD Loans or Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • Floating Rate Loan means a Loan which bears interest at the Floating Rate.

  • Index Rate Loan means a Loan or portion thereof bearing interest by reference to the Index Rate.

  • LIBOR Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the LIBOR Rate.

  • CDOR Rate Loan means a Loan denominated in Canadian Dollars the rate of interest applicable to which is based on the CDOR Rate.

  • LIBOR Loan means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.

  • Dollar Loan means a Loan denominated in Dollars.

  • U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.

  • Reference Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the Reference Rate.

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

  • Eurocurrency Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the applicable Eurocurrency Rate.

  • Floating Rate Advance means an Advance which bears interest at the Floating Rate.

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

  • LIBOR Rate Loans means Loans bearing interest at rates determined by reference to the Adjusted LIBOR Rate as provided in subsection 2.2A.

  • Eurocurrency Rate Advance means a Revolving Credit Advance denominated in Dollars or a Committed Currency that bears interest as provided in Section 2.07(a)(ii).

  • Eurodollar Loan means a Loan which bears interest at a Eurodollar Rate.

  • Prime Rate Loan means any Loan bearing interest at a rate determined by reference to the Prime Rate in accordance with the provisions of Article II.

  • Fixed Rate Advance means an Advance which bears interest at a Fixed Rate.

  • Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.

  • Euro-Dollar Loan means a Committed Loan which bears interest at a Euro-Dollar Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.

  • LIBO Rate Loan means a Loan bearing interest, at all times during an Interest Period applicable to such Loan, at a fixed rate of interest determined by reference to the LIBO Rate (Reserve Adjusted).

  • Eurodollar Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the applicable Eurodollar Rate.

  • LIBOR Rate Advance means an Advance which bears interest at a LIBOR Rate.

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.