Definition of Term Interest Rate

  1. Term Interest Rate means the LIBOR Rate plus the Applicable Margin.

Examples of Term Interest Rate in a sentence

  1. During each Short-Term Interest Rate Period, each Bond shall bear interest during each Bond Interest Term for such Bond at the Bond Interest Term Rate for such Bond.
  2. The following provisions of this Section 5.14, and the Guaranty to be delivered, are applicable only with respect to Bonds (or a subseries thereof) that are in the Term Interest Rate Period and are not secured by a Letter of Credit:

Definition of Term Interest Rate in Security Agreement

Term Interest Rate means a floating per annum rate of interest equal to the LIBOR Rate plus five percent (5.0%) per annum.


Definition of Term Interest Rate in Amended and Restated Loan and Security Agreement

Term Interest Rate means the LIBOR Rate plus the Applicable Margin.


Definition of Term Interest Rate in Loan and Security Agreement

Term Interest Rate means the Borrower's from time to time option of (A) the LIBOR Rate plus the Applicable Margin and (B) the Prime Rate plus the Applicable Margin.