Eurocurrency Rate Advance definition

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).

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

Eurocurrency Rate Advance means an Advance which bears interest at the Eurocurrency Rate.

Examples of Eurocurrency Rate Advance in a sentence

• Each Eurocurrency Rate Advance shall bear interest from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined as applicable to such Eurocurrency Rate Advance.

• If the Company fails to give a Notice of Conversion or Continuation with respect to an outstanding Borrowing consisting of Eurocurrency Rate Advances in an Alternate Currency as provided in clause (ii) above, the Company shall be deemed to have converted such Eurocurrency Rate Advances into a Eurocurrency Rate Advance with an Interest Period of one (1) month in accordance with this Section 2.04 if such Advances are outstanding after the last day of the Interest Period with respect thereto.

• Each Eurocurrency Rate Advance shall bear interest from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined as applicable to such Eurocurrency Rate Advance and shall change as and when the Applicable Eurocurrency Margin changes.

• The Borrowers will bear all costs related to the prepayment of a Eurocurrency Rate Advance prior to the last day of its Interest Period.

• Subject to the next sentence, interest accrued on each Eurocurrency Rate Advance shall be payable on the last day of its applicable Interest Period, on any date on which such Eurocurrency Rate Advance is prepaid, whether due to acceleration or otherwise, at maturity and thereafter on demand.

More Definitions of Eurocurrency Rate Advance

Eurocurrency Rate Advance means an Advance denominated in Dollars or a Committed Currency which bears interest as provided in Section 2.06(a)(ii).

Eurocurrency Rate Advance means a Revolving Credit Advance or a Term Loan Advance denominated in Dollars or in an Agreed Currency which bears interest as provided in Section 2.07(b) or a Local Currency Advance which bears interest as provided in Section 2.07(b) and the Local Currency Addendum.

Eurocurrency Rate Advance means an Advance which bears interest as provided in Section 2.6(b).

Eurocurrency Rate Advance means a Committed Advance which bears ------------------------- interest at a rate based upon the Eurocurrency Rate, as provided in Section ------- 2.07(c). ------- "Eurocurrency Rate Reserve Percentage" of any Bank (other than a ------------------------------------ Designated Bidder) for any Interest Period for a Eurocurrency Rate Advance means the reserve percentage applicable two Business Days before the first day of such Interest Period under regulations issued from time to time by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirement (including, without limitation, any emergency, supplemental or other marginal reserve requirement) for such Bank with respect to liabilities or assets consisting of or including Eurocurrency Liabilities (or with respect to any other category of liabilities that includes deposits by reference to which the interest rate on Eurocurrency Rate Advances of such currency is determined) having a term equal to such Interest Period.

Eurocurrency Rate Advance means an Advance denominated in Dollars or Sterling that bears interest as provided in Section 2.07(a)(ii).

Eurocurrency Rate Advance means an Advance denominated in Dollars or in an Agreed Currency which bears interest as provided in Section 2.07(b).

Eurocurrency Rate Advance means an Advance denominated in Dollars or in a Major Currency that bears interest as provided in Section 2.08(a)(ii).