Prime Rate Advance definition
Prime Rate Advance means an Advance that bears interest based at the Prime Rate.
Prime Rate Advance means an Advance in Canadian Dollars bearing interest based on the Prime Rate and includes availments that are deemed to be Prime Rate Advances under this Agreement.
Prime Rate Advance a portion of the Loans with respect to which the interest rate is determined by reference to the Prime Rate.
Examples of Prime Rate Advance in a sentence
A Prime Rate Advance or Base Rate Advance, respectively, will then be deemed to have been made under Section 5.7(2).
Notice for a Prime Rate Advance or Base Rate Advance shall be given on or before the Business Day before the Advance Date or date of payment.
More Definitions of Prime Rate Advance
Prime Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(i).
Prime Rate Advance means any Advance under this Note when and to the extent that its interest rate is determined by reference to the Prime Rate.
Prime Rate Advance means an Advance (other than a Competitive Bid Advance) that bears interest as provided in Section 2.08(a)(i).
Prime Rate Advance means an Advance which the Borrower requests to be made as a Prime Rate Advance or is reborrowed as a Prime Rate Advance, in accordance with the provisions of Section 2.2 hereof, which bears interest at the Prime Rate Basis and which shall be in a principal amount of at least $2,000,000.00, and in an integral multiple of $500,000.00.
Prime Rate Advance means any Advance bearing interest at the Prime Rate Basis.
Prime Rate Advance means an Advance or a Swing-Line Advance that bears interest based on the Prime Rate.
Prime Rate Advance means a loan made by the Lenders to a Borrower in Canadian Dollars on which interest is payable based on the Prime Rate plus the Applicable Margin;