Eurodollar Rate Advance definition

Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.06(a)(ii).
Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(ii).
Eurodollar Rate Advance means an Advance made hereunder and specified to be a Eurodollar Rate Advance in accordance with Article 2.

Examples of Eurodollar Rate Advance in a sentence

  • Each Eurodollar 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 Eurodollar Rate Advance.

  • The Borrower shall select the Type of Advance and, in the case of each Eurodollar Rate Advance, the Interest Period applicable to each Advance from time to time.

  • The Agent shall determine the Eurodollar Rate for each Eurodollar Rate Advance by using the methods described in the definition of the term “Eurodollar Rate,” and shall give prompt notice to the relevant Borrowers and the Lenders of each such Eurodollar Rate.

  • No such suspension shall affect the interest rate then in effect during the applicable Interest Period for any Eurodollar Rate Advance outstanding at the time such suspension is imposed.

  • Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of such Conversion, (ii) the Revolving Credit Advances to be Converted, and (iii) if such Conversion is into Eurodollar Rate Advances, the duration of the initial Interest Period for each such Eurodollar Rate Advance.


More Definitions of Eurodollar Rate Advance

Eurodollar Rate Advance means a Revolving Advance that bears interest at a rate based on the Eurodollar Rate (other than a Base Rate Advance bearing interest at a rate based on the Eurodollar Rate).
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.
Eurodollar Rate Advance means an Advance which bears interest at the Eurodollar Rate.
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.
Eurodollar Rate Advance means a Revolving Credit Advance that bears interest as provided in Section 2.13(a)(ii) (or, if Section 2.13(b) applies, that bears interest at 2% above the rate provided in Section 2.13(a)(ii)).
Eurodollar Rate Advance. An Advance with respect to which the interest rate is determined by reference to the Adjusted Eurodollar Rate.
Eurodollar Rate Advance means an Advance which bears interest as provided in Section 2.06(b).