Type of Loan means (i) with respect to either Term Loans or Revolving Loans, a Base Rate Loan or a Eurodollar Rate Loan, and (ii) with respect to Swing Line Loans, a Base Rate Loan.
Type of Loan means a Base Rate Loan or a LIBOR Rate Loan.
Type of Loan means either a Base Rate Loan or a Eurodollar Rate Loan.
Examples of Type of Loan in a sentence
If a Borrower Party fails to specify a Type of Loan in a Loan Notice or if a Borrower Party fails to give a timely notice requesting a continuation, then the applicable Loans shall be made or continued as Base Rate Loans.
Each Borrowing, each conversion of Loans from one Type of Loan to another Type of Loan, and each continuation of a LIBOR Rate Loan shall be made upon the applicable Borrower Party’s irrevocable notice to Administrative Agent (a “Request for Borrowing”), which may be given by telephone.
More Definitions of Type of Loan
Type of Loan means a Base Rate Loan or a Eurodollar Rate Loan.
Type of Loan means a Base Rate Loan or a LIBOR Loan.
Type of Loan means (i) with respect to Revolving Loans, a Base Rate Loan or a Eurodollar Rate Loan, and (ii) with respect to Swing Line Loans, a Base Rate Loan.
Type of Loan means a Reference Rate Loan or a SOFR Loan.
Type of Loan means any type of Loan (i.e., a Prime Rate Loan or LIBOR Loan).
Type of Loan means (i) a Base Rate Loan or (ii) a Eurodollar Rate Loan.