Eurodollar Advance definition

Eurodollar Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the applicable Eurodollar Rate.

Eurodollar Advance means an Advance that bears interest based upon the Eurodollar Rate.

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

Examples of Eurodollar Advance in a sentence

• Interest accrued on that portion of the outstanding principal amount of any Floating Rate Advance converted into a Eurodollar Advance on a day other than a Payment Date shall be payable on the date of conversion.

• Notwithstanding anything to the contrary contained in Sections 2.7, 2.8 or 2.9, during the continuance of a Default the Required Lenders may, at their option, by notice to the Borrower, declare that no Advance may be made as, converted into or continued as a Eurodollar Advance.

• Subject to Section 2.3, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance.

• The Administrative Agent will notify each Lender of the interest rate applicable to each Eurodollar Advance and each LIBOR Market Index Rate Advance promptly upon determination of such interest rate and will give each Lender prompt notice of each change in the Alternate Base Rate.

• The Agent will notify each Lender of the interest rate applicable to each Eurodollar Advance promptly upon determination of such interest rate and will give each Lender prompt notice of each change in the Alternate Base Rate.

More Definitions of Eurodollar Advance

Eurodollar Advance means any Advance that bears interest as provided in Section 2.06(b).

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

Eurodollar Advance means an Advance which the Administrative Borrower requests to be made as a Eurodollar Advance or which is continued as or converted to a Eurodollar Advance, in accordance with the provisions of Section 2.2.

Eurodollar Advance means a Eurodollar Bid Rate Advance or a Eurodollar Ratable Advance, or both, as the case may be.

Eurodollar Advance means an Advance consisting of Eurodollar Rate Loans.

Eurodollar Advance means an Advance which, except as otherwise provided in Section 3.08(c) hereof, bears interest at the applicable Eurodollar Rate.

Eurodollar Advance means an Advance made or outstanding in Dollars as a Domestic Syndicated Loan bearing interest based on the Adjusted LIBO Rate.