Index Rate Loan means the Revolving Loan or any portion thereof bearing interest by reference to the Index Rate.
Index Rate Loan when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, bears interest at a rate determined by reference to the Index Rate.
Examples of Index Rate Loan in a sentence
If such Advance is an Index Rate Loan, a rate per annum equal at all times to the sum of (x) the Base Rate, Canadian Base Rate or Canadian Prime Rate, as applicable, in effect from time to time plus (y) the respective Applicable Margin in effect from time to time, payable quarterly on the first day of each February, May, August and November.
Until each Lender funds its Index Rate Loan or risk participation pursuant to this Section 2.03 to refinance such Lender’s Commitment Percentage of any Swing Line Advance, interest in respect of such Commitment Percentage shall be solely for the account of the Swing Line Lender.
More Definitions of Index Rate Loan
Index Rate Loan means Revolving Loans the rate of interest applicable to which is based on the Index Rate.
Index Rate Loan means a Loan or any portion thereof bearing interest by reference to the Index Rate.
Index Rate Loan means the Swing Line Loan or any portion of the Revolving Loan bearing interest by reference to the Dollar Index Rate or the Sterling Index Rate, as applicable.
Index Rate Loan means any Advance bearing interest at the Base Rate, the Canadian Base Rate or the Canadian Prime Rate.
Index Rate Loan means a Loan or portion thereof bearing interest by reference to the Dollar Index Rate or Euro Index Rate.