Base Margin Loan. Each Revolving Credit Loan while bearing interest at the Base Margin Rate.
Base Margin Loan. Each Loan while bearing interest at the Base Margin Rate.
Examples of Base Margin Loan in a sentence
Any Libor Loan which matures while a Suspension Event is extant shall be converted, at the option of the Lender to a Base Margin Loan notwithstanding any notice from the Borrowers that such Loan is to be continued as a Libor Loan.
As to any Loan, its nature as a Base Margin Loan or a Eurodollar Rate Loan.
More Definitions of Base Margin Loan
Base Margin Loan. Each Revolving Credit Loan or relevant portion of the Term Loan while bearing interest determined by reference to Base.
Base Margin Loan. Each Tranche A Loan while bearing interest at the Base Margin Rate.
Base Margin Loan any Revolving Credit Loan or any portion of the Term Loan bearing interest at the Base Rate.
Base Margin Loan. Any Revolving Credit Loan which bears interest at the Base Margin Rate.
Base Margin Loan. Each Revolving Credit Loan while bearing interest at the Base Margin Rate. "BASE MARGIN RATE": The aggregate of Base plus the Base Margin per annum. "BLOCKED ACCOUNT": A DDA that conforms with the requirements of Section 7.l(b)(i), and initially as specified in Section 7.3(a) (ii). "BLOCKED ACCOUNT AGREEMENT": A tri-party agreement in a form acceptable to the Agent, among the Lead Borrower, the Agent and a depository institution at which the Lead Borrower maintains one or more DDAs, providing for the Agent's dominion and control over such DDAs upon notice by the Agent to such depository institution of the occurrence of a Cash Management Condition. "BORROWER": Defined in the Preamble. "BORROWER DEFAULT": Any Borrowing Base Default, Tranche B Payment Default or General Default. "BORROWING BASE": Defined in Section 2.1(b)(ii).
Base Margin Loan the first Business day of each month, the Termination Date, and the End Date. (b) Each Eurodollar Loan: (i) having an Interest Period of one, two or three months, the last day of the Interest Period relating thereto, the Termination Date and the End Date; (ii) having an Interest Period of six months, the last day of the third month of such Interest Period, the last day of such Interest Period, the Termination Date and the End Date.
Base Margin Loan. Each Revolving Credit Loan.