Eurodollar Rate Committed Loan definition

Eurodollar Rate Committed Loan means a Committed Loan that bears interest at a rate based on clause (a) of the definition ofEurodollar Rate.”
Eurodollar Rate Committed Loan means a Committed Loan that bears interest at a rate based on the Eurodollar Rate.
Eurodollar Rate Committed Loan means a Committed Loan that bears interest at a rate based on clause (a) of the definition of Eurodollar Rate.

Examples of Eurodollar Rate Committed Loan in a sentence

  • Except as otherwise provided herein, a Eurodollar Rate Committed Loan may be continued or converted only on the last day of an Interest Period for such Eurodollar Rate Committed Loan.

  • For purposes of calculating amounts payable by the Borrower to the Lenders under this Section 3.05, each Lender shall be deemed to have funded each Eurodollar Rate Committed Loan made by it at the Eurodollar Rate for such Loan by a matching deposit or other borrowing in the London interbank eurodollar market for a comparable amount and for a comparable period, whether or not such Eurodollar Rate Committed Loan was in fact so funded.

  • For purposes of calculating amounts payable by the Borrower to the Lenders under thisSection 3.05, each Lender shall be deemed to have funded each Eurodollar Rate Committed Loan made by it at the Eurodollar Base Rate used in determining the Eurodollar Rate for such Loan by a matching deposit or other borrowing in the London interbank eurodollar market for a comparable amount and for a comparable period, whether or not such Eurodollar Rate Committed Loan was in fact so funded.

  • The Administrative Agent shall promptly notify the Borrower and the Lenders of the interest rate applicable to any Eurodollar Rate Committed Loan upon determination of such interest rate.

  • Except as otherwise provided herein, a Eurodollar Rate Committed Loan may be continued or converted only on the last day of the Interest Period for such Eurodollar Rate Committed Loan.

  • If the Borrower fails to specify a Type of Committed Loan in a Committed Loan Notice or if the Borrower fails to give a timely notice requesting a conversion or continuation, then the applicable Committed Loans shall be continued as the same Type of Committed Loan, each having the same Interest Period as the Committed Loans that are the subject of such continuation (e.g., a one-month Eurodollar Rate Committed Loan shall continue as a one-month Eurodollar Committed Loan).

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  • For purposes of calculating amounts payable by the Borrower to the Lenders under this Section 3.05 , each Lender shall be deemed to have funded each Eurodollar Rate Committed Loan made by it at the Eurodollar Rate for such Loan by a matching deposit or other borrowing in the London interbank eurodollar market for a comparable amount and for a comparable period, whether or not such Eurodollar Rate Committed Loan was in fact so funded.

  • The Department of Finance and Management will provide the following forms that the Grantee shall submit: the “Certification of Audit Requirement”, and if no Single Audit required the “Subrecipient Schedule of Federal Expenditures”, to the Department of Finance and Management, 109 State Street, Montpelier, Vermont 05609 at the end of each fiscal year for the duration of the Grant Agreement.

  • Any prepayment of a Eurodollar Rate Committed Loan shall be accompanied by all accrued interest thereon, together with any additional amounts required pursuant to Section 3.05.


More Definitions of Eurodollar Rate Committed Loan

Eurodollar Rate Committed Loan means a Committed Loan that bears interest at a rate based on clause (a) of the definition ofEurodollar Rate.” “Event of Default” has the meaning specified in Section 8.01.
Eurodollar Rate Committed Loan. Section 1.01 of the Credit Agreement is hereby amended by deleting the termEurodollar Base Rate in the definition thereof and replacing it with “Eurodollar Rate.”
Eurodollar Rate Committed Loan means a Committed Loan that bears interest at a rate based on clause (a) of the definition of Eurodollar Rate. “Eurodollar Rate Loan” means a Eurodollar Rate Committed Loan. “Event of Default” has the meaning specified in Section 8.01. “Excluded Taxes” means any of the following Taxes imposed on or with respect to the Administrative Agent, any Lender or any L/C Issuer or required to be withheld or deducted from a payment to the Administrative Agent, such Lender or such L/C Issuer: (a) Taxes imposed on or measured by net income (however denominated), franchise Taxes, and branch profits Taxes, in each case, (i) imposed as a result of the Administrative Agent, such Lender or such L/C Issuer being organized under the laws of, or having its principal office or, in the case of any Lender, its Lending Office located in, the jurisdiction imposing such Tax (or any political subdivision thereof) or (ii) that are Other Connection Taxes, (b) in the case of a Lender, U.S. federal withholding Taxes imposed on amounts payable to or for the account of such Lender with respect to an applicable interest in a Loan or Commitment pursuant to a law in effect on the date on which (i) such Lender acquires such interest in the Loan or Commitment (other than pursuant to an assignment request by the Borrower under Section 10.14) or (ii) such Lender changes its Lending Office, except in each case to the extent that, pursuant to Section 3.01(a)(ii), (a)(iii) or (c), amounts with respect to such Taxes were payable either to such Lender's assignor immediately before such Lender became a party hereto or to such Lender immediately before it changed its Lending Office, (c) Taxes attributable to the Administrative Agent’s, such Lender’s or such L/C Issuer’s failure to comply with Section 3.01(e) and (d) any U.S. federal withholding Taxes imposed pursuant to FATCA. “Execution Date” means the first date all the conditions precedent in Section 4.01 are satisfied or waived in accordance with Section 10.01 (or, in the case of Section 4.01(b), waived by the Person entitled to receive the applicable payment), which date shall be set forth in and conclusively established by the notice, dated as of the Execution Date, delivered by the Administrative Agent pursuant to Section 4.01. “Existing OKE Credit Agreement” means that certain Amended and Restated Credit Agreement, effective as of January 31, 2014, among Borrower, Bank of America, N.A., as administrative agent and the lenders and letter of credi...
Eurodollar Rate Committed Loan means a Committed Loan that bears interest at a rate based on the Eurodollar Rate. “Eurodollar Rate Loan” means a Eurodollar Rate Committed Loan or a Eurodollar Margin Bid Loan.

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