Definition of Term LIBOR Rate Loan

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

Examples of Term LIBOR Rate Loan in a sentence

  1. Each Term LIBOR Rate Loan shall be in an amount equal to $1,000,000.00 or incremental multiples of $1,000,000.00.

Definition of Term LIBOR Rate Loan in Term Loan Agreement

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