Adjusted LIBOR Rate Loan definition

Adjusted LIBOR Rate Loan means Loans bearing interest based on the Adjusted LIBOR Rate.
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Adjusted LIBOR Rate Loan means all or part of any Loan which bears interest at or by reference to the Adjusted LIBOR Rate.
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Adjusted LIBOR Rate Loan means a Loan bearing interest based on the Adjusted LIBOR Rate. “Administrative Agent” has the meaning assigned thereto in the introductory paragraph hereto, together with its successors and permitted assigns. “Administrative Questionnaire” means an administrative questionnaire provided by the Lenders in a form supplied by the Administrative Agent. “Adverse Proceeding” means any action, suit, proceeding (whether administrative, judicial or otherwise), governmental investigation or arbitration (whether or not purportedly on behalf of any Credit Party or any of their respective Subsidiaries) at law or in equity, or before or by any Governmental Authority, whether pending, or to the knowledge of the Credit Parties, threatened in writing against any Credit Party or any of their respective Subsidiaries or any material property of any Credit Party or any of their respective Subsidiaries. “Affected Lender” has the meaning assigned thereto in Section 3.1(b). “Affected Loans” has the meaning assigned thereto in Section 3.1(b). “Affiliate” means, with respect to any Person, another Person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified. “Agent” means each of the Administrative Agent and the Collateral Agent. “Aggregate Commitments” means the Commitments of all the Lenders. “Aggregate Revolving Commitments” means the Revolving Commitments of all the Lenders. The aggregate principal amount of the Aggregate Revolving Commitments in effect on the Sixth Amendment Effective Date is $400,000,000. “Agreement” has the meaning assigned thereto in the introductory paragraph hereto. “Anti-Corruption Laws” means the Foreign Corrupt Practices Act, 15 U.S.C. §§ 78dd-1, et seq, the UK Bribery Act of 2010 and all other laws, rules, and regulations of any jurisdiction applicable to any Credit Party or any of its Affiliates from time to time concerning or relating to bribery or corruption. “Amendment No. 10 Effective Date” means May 7, 2020. “Amendment No. 11” means that certain Amendment No. 11 to Credit Agreement and Waiver dated as of, and which became effective on, the Amendment No. 11
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Examples of Adjusted LIBOR Rate Loan in a sentence

  • Each notice of election of an Adjusted LIBOR Rate Loan shall be irrevocable.

  • The Company may elect from time to time, subject to the terms and conditions of the Notes and this Agreement, to convert all or a portion of a Variable Rate Loan into an Adjusted LIBOR Rate Loan or to convert all or a portion of an Adjusted LIBOR Rate Loan into a Variable Rate Loan; provided, however, that any conversion of an Adjusted LIBOR Rate Loan will occur on the last day of the Interest Period applicable thereto.

  • A Variable Rate Loan will continue as a Variable Rate Loan unless and until converted into an Adjusted LIBOR Rate Loan.

  • Any payment of an Adjusted LIBOR Rate Loan before the end of its Interest Period shall be accompanied by all amounts due under Section 15.1(c).

  • If Borrowers do not specify an Interest Period with respect to any Notice of Borrowing for an Adjusted LIBOR Rate Loan, then, the Interest Period for such Loan shall be deemed to be one (1) month.

  • An Adjusted LIBOR Rate Loan may be prepaid at any time at the option of the Company; provided, however, that prepayment prior to the last day of the Interest Period applicable thereto will require the payment by Company of the amount (if any) required by section 2.12.

  • If the requested Revolving Loan is to be an Adjusted LIBOR Rate Loan, then such Notice of Borrowing must be received by Administrative Agent at or before 11:00 a.m. on the third Business Day preceding the date on which Borrowers desire such Revolving Loan to be made.

  • Each Notice of Borrowing for a Revolving Loan shall specify (i) the amount of the Borrowing; (ii) the requested funding date (which must be a Business Day); (iii) whether the Borrowing is requested to be made as a Swing Line Loan, (iv) whether the Borrowing is requested to be made as a Base Rate Loan, LIBOR Index Rate Loan or Adjusted LIBOR Rate Loan; and (v) in the case of an Adjusted LIBOR Rate Loan, the duration of the applicable Interest Period.

  • Notwithstanding the foregoing, however, until Administrative Agent notifies Borrower Representative that primary syndication of the credit facility evidenced by this Agreement and the other Loan Documents is complete, no Loan may be made as, or converted into, an Adjusted LIBOR Rate Loan.

  • The Company will request a Loan hereunder by written notice in the form of Exhibit 2.2 annexed hereto, or by telephonic notice (which notice shall be confirmed in writing if the Agent so requests), which notices will be irrevocable, to the Agent not later than 11:00 a.m., Milwaukee time, on the proposed Borrowing Date, or, in the case of an Adjusted LIBOR Rate Loan, not less than two Business Days before the proposed Borrowing Date.


More Definitions of Adjusted LIBOR Rate Loan

Adjusted LIBOR Rate Loan means any, of the Loans, with respect to any Interest Period, which bears interest at a rate of interest determined by reference to the Libor Rate for such Interest Period.
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Adjusted LIBOR Rate Loan means any, of the Loans, with respect to any Interest Period, which bears interest at a rate of interest determined by reference to the LIBOR Rate for such Interest Period.
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Adjusted LIBOR Rate Loan means all or part of any Loan which bears interest at or by reference to the Adjusted LIBOR Rate. the term "Affiliate" means, with respect to any Person, any other Person, which, directly or indirectly, controls, is controlled by, or is under common control with, such Person.
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Adjusted LIBOR Rate Loan means Loans bearing interest based on the Adjusted LIBOR Rate. “Administrative Agent” means as defined in the introductory paragraph hereto, together with its successors and assigns. “Administrative Questionnaire” means an administrative questionnaire provided by the Lenders in a form supplied by the Administrative Agent. “Adverse Proceeding” means any action, suit, proceeding (whether administrative, judicial or otherwise), governmental investigation or arbitration (whether or not purportedly on behalf of any Credit Party or any of its Subsidiaries) at law or in equity, or before or by any Governmental Authority, whether pending, threatened in writing against any Credit Party or any of its Subsidiaries or any material property of any Credit Party or any of its Subsidiaries. “Affected Lender” means as defined in Section 3.1(b). 2
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Adjusted LIBOR Rate Loan means all or part of any Loan which bears interest at or by reference to the Adjusted LIBOR Rate. (c) the term "Affiliate" means, with respect to any Person, any other Person, which, directly or indirectly, controls, is controlled by, or is under common control with, such Person. (d) the term "Aggregate Commitment" means the sum of the Aggregate Revolver Commitment plus the Term Loan Commitment. (e) the term "Applicable Margin" means, at any time, the percent per annum specified below for Adjusted LIBOR Rate Loans, Commitment Fees and standby Letter of Credit fees, as the case may be, at the level corresponding to the Consolidated Debt to EBITDA Ratio of the Company for the four consecutive fiscal quarters most recently ended, as shown by the financial statements delivered pursuant to Sections 6.6(a) and 6.6(b): Applicable Margin Consolidated Debt Standby to Adjusted LIBOR Commitment Letter of Credit Level EBITDA Ratio Rate Loans Fees Fees 1 greater or = 2.00% 1.50% 0.275% 1.225% 2 greater or = 1.50 less than 2.00 1.25% 0.250% 1.000% 3 greater or = 1.00 less than 1.50 1.00% 0.225% 0.775% 4 less than 2.00 0.75% 0.200% 0.550%
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Adjusted LIBOR Rate Loan means Loans bearing interest based on the Adjusted LIBOR Rate. “Adjusted NOI” means, for any period with respect to any Unencumbered Pool Property, (a) NOI for such period, less (b) Capital Reserves for such period. “Administrative Agent” means as defined in the introductory paragraph hereto, together with its successors and permitted assigns. “Administrative Questionnaire” means an administrative questionnaire provided by the Lenders in a form supplied by the Administrative Agent. “Adverse Proceeding” means any action, suit, proceeding (whether administrative, judicial or otherwise), governmental investigation or arbitration (whether or not purportedly on behalf of any Credit Party or any of its Subsidiaries) at law or in equity, or before or by any Governmental Authority, whether pending, threatened in writing against any Credit Party or any of its Subsidiaries or any material property of any Credit Party or any of its Subsidiaries. “Affected Lender” means as defined in Section 3.1(b). “Affected Loans” means as defined in Section 3.1(b). “Affiliate” means, with respect to any Person, another Person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified. “Agent” means the Administrative Agent. “Agreement” means as defined in the introductory paragraph hereto. “Aggregate Revolving Commitments” means the Revolving Commitments of all the Lenders. The aggregate principal amount of the Aggregate Revolving Commitments in effect on the Effective Date is EIGHT HUNDRED FIFTY MILLION DOLLARS ($850,000,000.00). “Aggregate Unencumbered Pool Property Value Amount” means, with respect to any pool of Unencumbered Pool Properties as of any date of determination, the aggregate sum of the respective Unencumbered Pool Property Value amounts of each of the Unencumbered Pool Properties in such pool. “Applicable Laws” means, as to any Person, all laws, including all applicable provisions of constitutions, statutes, rules, ordinances, regulations and orders of all Governmental Authorities and all
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Related to Adjusted LIBOR Rate Loan

  • LIBOR Rate Loan means a Loan that bears interest based on LIBOR.

  • Reference Rate Loan means any Committed Loan that bears interest at a rate determined with reference to the Reference Rate.

  • 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 Rate Loan means a Loan that bears interest at a rate based on the Eurodollar Rate.

  • LIBOR Loan means any portion of a Loan (other than a Base Rate Loan) bearing interest at a rate based on LIBOR.

  • Eurocurrency Rate Loan means a Loan that bears interest at a rate based on the Eurocurrency Rate. Eurocurrency Rate Loans may be denominated in Dollars or in an Alternative Currency. All Loans denominated in an Alternative Currency must be Eurocurrency Rate Loans.

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

  • Eurocurrency Rate Advance means a Revolving Credit Advance or a Term Loan Advance denominated in Dollars or in an Agreed Currency which bears interest as provided in Section 2.07(b) or a Local Currency Advance which bears interest as provided in Section 2.07(b) and the Local Currency Addendum.

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

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

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

  • Adjusted LIBOR Rate means, at any time with respect to any LIBOR Loan, a rate per annum equal to the LIBOR Rate as in effect at such time plus the Applicable Margin Percentage for LIBOR Loans as in effect at such time.

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

  • Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(ii).

  • Eurodollar Period means, as to each Eurodollar Rate Loan, the period commencing on the date specified by Borrower pursuant to Section 2.1(b) and ending 1, 2, 3 or 6 months (or, with the written consent of all of the Lenders, any other period) thereafter, as specified by Borrower in the applicable Request for Loan; provided that:

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

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