Examples of Base Rate Borrowing in a sentence

Each such optional prepayment shall be applied to prepay ratably the Base Rate Loans of the several Banks included in such Base Rate Borrowing.
The Borrowing date with respect to such Borrowing shall be the first date on which a Base Rate Borrowing could be made pursuant to Section 2.03 if the Administrative Agent had received a notice of such Borrowing at the time the Administrative Agent receives notice from the L/C Provider of such drawing under such Letter of Credit.
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.
If no election as to the Type of Borrowing is specified in any such notice, then the requested Borrowing shall be a Base Rate Borrowing.
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”).

More Definitions of Base Rate Borrowing

Base Rate Borrowing means a Borrowing comprised of one or more Base Rate Loans.

Base Rate Borrowing means any Borrowing hereunder that bears interest based on the Base Rate.

Base Rate Borrowing means a Borrowing bearing interest at the sum of the Base Rate plus the Applicable Margin.

Base Rate Borrowing has the meaning set forth in the definition of “Borrowing” herein.

Base Rate Borrowing has the meaning set forth in Section 1.3.

Base Rate Borrowing means a Borrowing that, except as otherwise provided in Section 2.11, bears interest at the Base Rate.