LIBOR Rate Loan means a Loan that bears interest based on LIBOR.

LIBOR Rate Loan means each portion of an Advance that bears interest at a rate determined by reference to the LIBOR Rate.

LIBOR Rate Loan means any Loan bearing interest at a rate based upon the LIBOR Rate as provided in Section 5.1(a).

Examples of LIBOR Rate Loan in a sentence

If the reduction of the Revolving Credit Commitment requires the repayment of any LIBOR Rate Loan, such repayment shall be accompanied by any amount required to be paid pursuant to Section 5.9 hereof.
For purposes hereof, LIBOR Rate Loans with different Interest Periods shall be considered as separate LIBOR Rate Loans, even if they shall begin on the same date and have the same duration, although borrowings, extensions and conversions may, in accordance with the provisions hereof, be combined at the end of existing Interest Periods to constitute a new LIBOR Rate Loan with a single Interest Period.
If the reduction of the Revolving Credit Commitment requires the repayment of any LIBOR Rate Loan, such repayment shall be accompanied by any amount required to be paid pursuant to Section 4.9 hereof.
The Borrower may not prepay any LIBOR Rate Loan on any day other than on the last day of the Interest Period applicable thereto unless such prepayment is accompanied by any amount required to be paid pursuant to Section 5.9 hereof.
The Borrower may not prepay any LIBOR Rate Loan on any day other than on the last day of the Interest Period applicable thereto unless such prepayment is accompanied by any amount required to be paid pursuant to Section 4.9 hereof.

More Definitions of LIBOR Rate Loan

LIBOR Rate Loan means Loans the rate of interest applicable to which is based on the LIBOR Rate.

LIBOR Rate Loan means each portion of a Revolving Loan that bears interest at a rate determined by reference to the LIBOR Rate.

LIBOR Rate Loan means a Committed Loan that bears interest at a rate based on the Adjusted LIBOR Rate.

LIBOR Rate Loan means any Advance bearing interest at a rate determined by reference to the LIBOR Rate.

LIBOR Rate Loan means any Revolving Credit Loan bearing interest at a rate based upon the LIBOR Rate as provided in Section 4.1(a).

LIBOR Rate Loan means a Loan that bears interest based on the LIBOR Rate.

LIBOR Rate Loan means the Loan at such time as interest thereon accrues at the LIBOR Rate.