Competitive Bid Advance definition
Competitive Bid Advance means an advance by a Lender to the Borrower as part of a Competitive Bid Borrowing resulting from the competitive bidding procedure described in Section 2.03 and refers to a Fixed Rate Advance or a LIBO Rate Advance.
Competitive Bid Advance means a borrowing hereunder consisting of the aggregate amount of the several Competitive Bid Loans made by some or all of the Lenders to the Borrower at the same time and for the same Interest Period.
Competitive Bid Advance means an Advance made by a Lender pursuant to Section 2.02(b).
Examples of Competitive Bid Advance in a sentence
Each Competitive Bid Advance shall be in a minimum principal amount of $5,000,000 and integral multiples of $1,000,000 in excess thereof.
Each Competitive Bid Advance shall mature and be due and payable in full on the earlier of (i) (A) the last day of the Interest Period applicable thereto in the case of Competitive Bid Advances that are Adjusted Term SOFR Advances, and (B) the maturity date set forth in the Notice of Competitive Bid Borrowing with respect to Competitive Bid Advances that are Fixed Rate Advances and Adjusted DSS Advances and (ii) the Termination Date.
More Definitions of Competitive Bid Advance
Competitive Bid Advance means an advance by a Lender to the Borrower as part of a Competitive Bid Borrowing resulting from the competitive bidding procedure described in Section 2.03 and refers to a Fixed Rate Advance, a LIBO Rate Advance or a Local Rate Advance.
Competitive Bid Advance means an Absolute Rate Advance, a Eurocurrency Bid Rate Advance, or both, as the context may require.
Competitive Bid Advance means a borrowing hereunder consisting of the aggregate amount of the several Competitive Bid Loans made by some or all of the Lenders to the Company at the same time and for the same Interest Period.
Competitive Bid Advance means an advance by a Lender to Kraft Foods Global as part of a Competitive Bid Borrowing resulting from the competitive bidding procedure described in Section 2.07 and refers to a Fixed Rate Bid Advance or a Floating Rate Bid Advance.
Competitive Bid Advance means an Advance bearing interest based on a Competitive Bid Rate.
Competitive Bid Advance the Revolving Credit Loans (or any portions thereof) at such time as they (or such portions) consist of Competitive Bid Borrowings as provided for in Section 2.4.
Competitive Bid Advance means an advance by a Lender to any Borrower as part of a Competitive Bid Borrowing resulting from the