Floating Rate Loans definition

Floating Rate Loans means all Loans denominated in Dollars which bear interest at a rate determined by reference to the Floating Rate as provided in Section 4.01(a).

Floating Rate Loans means Loans described in Section 2.3A(i).

Floating Rate Loans means those portions of principal of the Note accruing interest at the Floating Rate.

Examples of Floating Rate Loans in a sentence

• Floating Rate Loans: In the event a borrower fails to pay scheduled interest or principal payments on a floating rate loan, an Underlying Fund will experience a reduction in its income and a decline in the market value of such investment.

• All computations of fees and interest on Floating Rate Loans will be made on the basis of a year of three hundred sixty-five (365) days and actual days elapsed.

• During the existence of a Default or an Event of Default, no Loans may be requested as, or converted to, SOFR Rate Loans without the prior written consent of the Lender (which consent shall not be unreasonably withheld), and the Lender may demand that any or all of the then outstanding SOFR Rate Loans be converted immediately to Floating Rate Loans.

• Prepayment and Extension for Floating Rate Loans: Many types of debt instruments are subject to prepayment and extension risk.

• Loans shall be SOFR Rate Loans, or, if the Lender has notified the County that the SOFR Rate is unavailable in accordance with Section 3.03 or 3.04 hereof, Floating Rate Loans, as further provided herein.

More Definitions of Floating Rate Loans

Floating Rate Loans means Loans with a floating interest rate based on the prime interest rate plus a spread.

Floating Rate Loans means Domestic Floating Rate Loans and/or Canadian Floating Rate Loans.

Floating Rate Loans shall have the meaning provided to it in Section 2.1(a).

Floating Rate Loans means Singapore Floating Rate Loans and Domestic Floating Rate Loans.

Floating Rate Loans means term loans incurred by Holdings pursuant to the Floating Rate Loan Credit Agreement.

Floating Rate Loans means any Loan which bears interest at a fluctuating interest rate determined by reference to the Alternate Base Rate or, for Alternate Currency Loans, by reference to the applicable floating rate of interest agreed to between the Alternate Currency Lender and the applicable Subsidiary Borrower.

Floating Rate Loans means Prime Rate Loans and Federal Funds Rate Loans.