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

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

Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.06(b). "Eurodollar Rate Reserve Percentage" of any Lender for the Interest Period for any Eurodollar Rate Advance means the reserve percentage applicable during such Interest Period (or if more than one such percentage shall be so applicable, the daily average of such percentages for those days in such Interest Period during which any such percentage shall be so applicable) 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 Lender with respect to liabilities or assets consisting of or including Eurocurrency Liabilities having a term equal to such Interest Period.

Examples of Eurodollar Rate Advance in a sentence

Each Borrowing shall be made on notice, given not later than 11:00 A.M. on the third Business Day (or, only in the case a Eurodollar Rate Advance is unavailable under Section 2.08 or 2.11, in the case of a Borrowing consisting of Base Rate Advances, not later than 9:30 A.M. on the date of the proposed Borrowing) prior to the date of the proposed Borrowing by the Borrower to the Administrative Agent, which shall give to each Lender prompt written notice.
The interest rate on a Eurodollar Rate Advance is determined by reference to the London interbank offered rate (“LIBOR”).
Any prepayment of a Eurodollar Rate Advance shall be accompanied by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to Section 8.04(e).
If such notice is given, each Eurodollar Rate Advance of such Credit Party then outstanding shall be Converted to a Base Rate Advance either (i) on the last day of the then current Interest Period applicable to such Eurodollar Rate Advance if such Credit Party may lawfully continue to maintain and fund such Advance to such day or (ii) immediately if such Credit Party shall determine that it may not lawfully continue to maintain and fund such Advance to such day.
Notwithstanding anything to the contrary herein, a Swingline Advance may not be converted to a Eurodollar Rate Advance.

More Definitions of Eurodollar Rate Advance

Eurodollar Rate Advance means an Advance which bears interest as provided in Section 2.09(b).

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

Eurodollar Rate Advance means a Revolving Credit Advance that bears ----------------------- interest as provided in Section 2.07(a)(ii). "Eurodollar Rate Reserve Percentage" for any Interest Period for all ---------------------------------- Eurodollar Rate Advances or LIBO Rate Advances comprising part of the same Borrowing 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 a member bank of the Federal Reserve System in New York City 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 Eurodollar Rate Advances or LIBO Rate Advances is determined) having a term equal to such Interest Period.

Eurodollar Rate Advance means an Advance made hereunder and specified to be a Eurodollar Rate Advance in accordance with Article 2.

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

Eurodollar Rate Advance means a Committed Advance (a “Eurodollar Rate Committed Advance”) or a Bid Advance (a “Eurodollar Rate Bid Advance”) which bears interest at a rate of interest quoted as a margin (which shall be the Applicable Margin in the case of a Committed Advance or as offered by a Lender and accepted by a Borrower in the case of a Bid Advance) over the Eurodollar Rate.