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

Alternate Base Rate Advance means an Advance that bears interest as provided in Section 2.08(a).

Alternate Base Rate Advance means an Advance under the Commitment made hereunder, under a New Term Facility Supplement or an Extended Facility Agreement and specified to be an Alternate Base Rate Advance (including a Swing Line Advance) in accordance with Article 2 or under such New Term Facility Supplement or an Extended Facility Agreement, as applicable.

Examples of Alternate Base Rate Advance in a sentence

Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base Rate Advance will take effect simultaneously with each change in the Alternate Base Rate.
Interest accrued on that portion of the outstanding principal amount of any Alternate Base Rate Advance converted into a Eurocurrency Advance on a day other than a Payment Date shall be payable on the date of conversion.
In the event that any Lender is unable, for the reasons set forth above, to make, maintain or fund its portion of any Eurodollar Rate Loan, such Lender shall fund such amount as an Alternate Base Rate Advance for the same period of time, and such amount shall be treated in all respects as an Alternate Base Rate Advance.
Except as otherwise provided in Section 3.7, the unpaid principal amount of any Alternate Base Rate Advance shall bear interest at a fluctuating rate per annum equal to the Alternate Base Rate plus the Applicable Alternate Base Rate Margin.
In the event that any Lender is unable, for the reasons set forth above, to make, maintain or fund any Eurodollar Rate Advance, such Lender shall fund such Eurodollar Dollar Rate Advance as an Alternate Base Rate Advance for the same period of time, and such amount shall be treated in all respects as an Alternate Base Rate Advance.

More Definitions of Alternate Base Rate Advance

Alternate Base Rate Advance means a Revolving Credit Advance that bears interest as provided in Section 2.07(a)(i).

Alternate Base Rate Advance means an Advance (and in the case of a Term Loan Advance or Incremental Term Loan Advance, any portion thereof) that bears interest based on the Alternate Base Rate.

Alternate Base Rate Advance means an Advance that bears interest in relation to the Alternate Base Rate as provided in Section 3.1(b). “Applicable Alternate Base Rate Margin” means, with respect to any Alternate Base Rate Advance, for each Pricing Period, the interestrate margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period:

Alternate Base Rate Advance means any Advance bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of ARTICLE II.

Alternate Base Rate Advance means an Alternate Base Rate Pro-Rata Advance or a Swing Line Advance.

Alternate Base Rate Advance means any Advance which bears interest at the Alternate Base Rate;