U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.
U.S. Base Rate Loan means a loan denominated in US Dollars and bearing interest at the US Base Rate, plus the Applicable Margin;
U.S. Base Rate Loan means an Advance in, or Conversion into, United States Dollars made by the Lenders to the Borrower with respect to which the Borrower has specified or a provision hereof requires that interest is to be calculated by reference to the U.S. Base Rate.
Examples of U.S. Base Rate Loan in a sentence
During a US Benchmark Unavailability Period or at any time that a tenor for the then-current US Benchmark is not an Available Tenor, the component of U.S. Base Rate based upon the then-current Benchmark or such tenor for such Benchmark, as applicable, will not be used in any determination of U.S. Base Rate Loan.
Any unreimbursed payment made by the Lender to any Person on account of any Letter of Credit shall constitute a Revolving Loan hereunder, in the case of any unreimbursed payments in U.S. Dollars as a U.S. Base Rate Loan, and in the case of any unreimbursed payments in Canadian Dollars as a Prime Rate Loan.
More Definitions of U.S. Base Rate Loan
U.S. Base Rate Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the U.S. Base Rate in accordance with the provisions of Article II.
U.S. Base Rate Loan means each Revolving Loan which is designated or deemed designated as a U.S. Base Rate Loan by the applicable U.S. Borrower at the time of the incurrence thereof or conversion thereto.
U.S. Base Rate Loan means each Revolving Loan bearing interest at a rate based upon the Base Rate in effect from time to time.
U.S. Base Rate Loan means a Loan bearing interest at a rate specified in Section 1.4(a) hereof.
U.S. Base Rate Loan means, at any given time during the term of this Agreement the Loan, or that portion of the Loan, which the Canadian Borrower has elected or is deemed to have elected to denominate in USDollars and upon which interest is payable at the US Base Rate.