LIBOR Borrowing definition

LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

LIBOR Borrowing means a Borrowing comprised of one or more LIBOR Loans.

LIBOR Borrowing means each portion of the principal balance of the Loans at any time bearing interest at a Eurodollar Rate.

Examples of LIBOR Borrowing in a sentence

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

• Upon Administrative Xxxxxxxx’s receipt of notice of the commencement of a Benchmark Unavailability Period, Administrative Borrower may revoke any request for a LIBOR Borrowing of, conversion to or continuation of LIBOR Rate Loans to be made, converted or continued during any Benchmark Unavailability Period and, failing that, Administrative Borrower will be deemed to have converted any such request into a request for a Borrowing of or conversion to Base Rate Loans.

• Upon Administrative Borrower’s receipt of notice of the commencement of a Benchmark Unavailability Period, Administrative Borrower may revoke any request for a LIBOR Borrowing of, conversion to or continuation of LIBOR Rate Loans to be made, converted or continued during any Benchmark Unavailability Period and, failing that, Administrative Borrower will be deemed to have converted any such request into a request for a Borrowing of or conversion to Base Rate Loans.

More Definitions of LIBOR Borrowing

LIBOR Borrowing means a Borrowing bearing interest at a rate determined by reference to the LIBOR Rate.

LIBOR Borrowing means a Borrowing comprised of LIBOR Advances.

LIBOR Borrowing means any Borrowing consisting of LIBOR Loans.

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

LIBOR Borrowing is defined in Section 4.3.

LIBOR Borrowing means a Committed Borrowing comprised of LIBOR Rate Loans.

LIBOR Borrowing and “LIBOR 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 LIBOR (other than an Index Rate Loan or an Index Rate Borrowing).