CP Rate Advance definition

CP Rate Advance means an Advance that bears interest at the CP Rate as provided in Section 2.04.
Sample 1Sample 2Sample 3
CP Rate Advance has the meaning set forth in Section 2.3.
Sample 1Sample 2
CP Rate Advance means, each Advance of the Conduit Lender prior to the time, if any, when (i) it is refinanced with a Liquidity Funding pursuant to the Liquidity Agreement, or (ii) the occurrence of an Amortization Event and the commencement of the accrual of Interest thereon at the Default Rate.
Sample 1Sample 2

Examples of CP Rate Advance in a sentence

  • Unless a LIBOR Rate Disruption Event shall have occurred, each Advance shall be a LIBOR Rate Advance; provided that the portion of any Advance funded by a Conduit Lender by the issuance of Commercial Paper shall be a CP Rate Advance.

  • The purchase price for such acquisition shall be the outstanding principal amount of such CP Rate Advance plus the amount of such accrued interest.

  • With respect to each CP Rate Advance, on or prior to the second Business Day prior to each Interest Payment Date, each applicable Group Agent shall notify the Borrower of the applicable CP Rate for the applicable Settlement Period.

  • Subject to Section 9.2(ii), the Borrower shall repay in full (x) the unpaid principal amount of each CP Rate Advance on the last day of the Interest Period therefor, and (y) the unpaid principal amount of each LIBO Rate Advance and each Base Rate Advance on the Scheduled Maturity Date.

  • At the time of the making of such Revolving Advance or CP Rate Advance and after giving effect thereto, there shall have occurred and be continuing no Amortization Event and no Potential Amortization Event.

  • Additionally, Table 4.1 includes a metric called learning rounds, which indicates the number of iterations within the specific AML setting.

  • On the date of the making of such Revolving Advance or CP Rate Advance and after giving effect thereto, the representations and warranties of the Borrower set forth in this Agreement or any other Transaction Documents to which it is a party shall be true and correct with the same effect as if then made (unless stated to relate solely to an earlier date, in which case such representations and warranties shall be true and correct as of such earlier date).

  • A Borrowing Base Deficiency shall not exist after giving effect to the application of funds in accordance with Section 3.01 of the Facility Agreement and the making of such Revolving Advance or CP Rate Advance would not result in a Borrowing Base Deficiency.


More Definitions of CP Rate Advance

CP Rate Advance means an Advance that bears interest at the CP Rate as provided in Section 2.04. "CP Rate Cap" shall have the meaning specified in the Fee Letter. "Credit Estimate" means, with respect to any Collateral Obligation, a numerical value representing a credit estimate obtained from DBRS. "Credit Risk Loan" means a Collateral Obligation that is not a Defaulted Loan but which, in the reasonable business judgment of the
Sample 1
CP Rate Advance means a loan made to Borrower pursuant to Section 2.02(a) of the Loan Agreement by a CP Rate Lender.
Sample 1
CP Rate Advance. The Principal of the Loan during any period when Interest accrues at a rate based upon the CP Rate.
Sample 1
CP Rate Advance means an Advance that bears interest at the CP Rate as provided in S ection 2.04. "CP Rate Cap" shall have the meaning specified in the Fee Letter.
Sample 1

Related to CP Rate Advance

  • LIBOR Rate Advance means an Advance which bears interest at a LIBOR Rate.

  • Fixed Rate Advance means an Advance which bears interest at a Fixed Rate.

  • LIBO Rate Advance means a Pro Rata Advance that bears interest as provided in Section 2.04(a)(ii).

  • Base Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(i).

  • Prime Rate Advance means an Advance that bears interest based at the Prime Rate.

  • Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(ii).

  • Reference Rate Advance means an Advance which bears interest as provided in Section 2.09(a).

  • Floating Rate Advance means an Advance which bears interest at the Floating Rate.

  • Fixed Rate Advances has the meaning specified in Section 2.03(a)(i).

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

  • Eurodollar Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the applicable Eurodollar Rate.

  • Eurocurrency Rate Advance means a Revolving Credit Advance denominated in Dollars or a Committed Currency that bears interest as provided in Section 2.07(a)(ii).

  • LIBO Rate Advances means a Competitive Bid Advance denominated in Dollars or in any Foreign Currency and bearing interest based on the LIBO Rate.

  • Eurocurrency Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the applicable Eurocurrency Rate.

  • Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.

  • Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • Eurodollar Rate Borrowing means a Borrowing comprised of Eurodollar Rate Loans.

  • Fixed Rate Loans means CD Loans or Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • Alternate Base Rate Advance means an Advance which bears interest at the Alternate Base Rate.

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

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

  • Base Rate Loan means a Loan that bears interest based on the Base Rate.

  • Absolute Rate Loan means a Bid Loan that bears interest at a rate determined with reference to an Absolute Rate.

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