Eurodollar Rate Borrowing definition

Eurodollar Rate Borrowing means a Borrowing comprised of Eurodollar Rate Loans.

Eurodollar Rate Borrowing means a Borrowing comprised of Loans that are Eurodollar Rate Loans.

Eurodollar Rate Borrowing means a Borrowing comprised of Eurodollar Rate Advances.

Examples of Eurodollar Rate Borrowing in a sentence

• No Eurodollar Rate Borrowing may be either made or continued as a Eurodollar Rate Borrowing, and no Base Rate Borrowing may be converted to a Eurodollar Rate Borrowing, if the interest rate for such Eurodollar Rate Borrowing would exceed the Maximum Rate.

• Each Committed Borrowing shall be made on notice, given by a Borrower to the Agent not later than 11:00 a.m. (New York City time) on the day of the proposed Committed Borrowing in the case of a Base Rate Borrowing and on the third Business Day prior to the date of the proposed Committed Borrowing in the case of a Eurodollar Rate Borrowing (a “Notice of Committed Borrowing”).

• Absent Borrower's Notice of Conversion or election of a new Interest Period, a Eurodollar Rate Borrowing shall be deemed converted to a Base Rate Borrowing effective as of the expiration of the Interest Period applicable thereto.

• Thereafter, the Borrower may elect to convert such Borrowing to a different Type or to continue such Borrowing and, in the case of a Eurodollar Rate Borrowing, may elect Interest Periods therefor, all as provided in this Section.

• Absent Borrower's Conversion Notice or election of a new Interest Period, a Eurodollar Rate Borrowing shall be deemed converted to a Base Rate Borrowing effective as of the expiration of the Interest Period applicable thereto.

More Definitions of Eurodollar Rate Borrowing

Eurodollar Rate Borrowing means a Borrowing bearing interest at the sum of the Adjusted Eurodollar Rate plus the Applicable Margin for Eurodollar Rate Borrowings.

Eurodollar Rate Borrowing means a Borrowing consisting of Eurodollar Rate Loans.

Eurodollar Rate Borrowing a Borrowing comprised of Eurodollar Rate Loans.

Eurodollar Rate Borrowing means, as the case may be, either (a) a Borrowing (other than a Competitive Borrowing) bearing interest at the sum of the Adjusted Eurodollar Rate plus the Applicable Margin for Eurodollar Rate Borrowings or (b) a Competitive Borrowing bearing interest at the sum of the Adjusted Eurodollar Rate plus or minus the margin indicated for such Competitive Borrowing in the related Competitive Bid.

Eurodollar Rate Borrowing means a Borrowing bearing interest at the sum of the Adjusted Eurodollar Rate plus the Applicable Margin for Eurodollar Rate Borrowings. Exhibit means an exhibit to this Agreement unless otherwise specified.

Eurodollar Rate Borrowing means a Borrowing comprised of Eurodollar Rate Loans. “Eurodollar Rate Loan” shall mean a Term Loan that bears interest at a rate determined by reference to the Eurodollar Rate. 28 1120544.02G-CHISR02A - MSW

Eurodollar Rate Borrowing means each portion of the principal balance of the Loans at any time bearing interest at a Eurodollar Rate. Eurodollar Reserve Requirement means, on any day, for any Loans of any Lender bearing interest at the Eurodollar Rate and any Interest Period, the average maximum rate at which reserves (including any marginal, supplemental or emergency reserves) are required to be maintained by such Lender during such Interest Period under Regulation D against "Eurocurrency liabilities" (as such term is used in Regulation D). Each determination of the Eurodollar Reserve Requirement by a Lender shall be conclusive and binding, absent manifest error, and may be computed using any reasonable averaging and attribution method.