Quoted Rate Advance definition

Quoted Rate Advance means any Swing Line Advance which bears interest at the Quoted Rate.

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

Quoted Rate Advance means any Advance that bears interest at a rate determined by reference to a Quoted Rate.

Examples of Quoted Rate Advance in a sentence

• Interest on each Quoted Rate Advance shall accrue at its Quoted Rate and shall be payable in immediately available funds on the last day of the Interest Period applicable thereto.

• Each Swing Line Advance shall mature and the principal amount thereof shall be due and payable by the Company in the case of any Quoted Rate Advance, on the last day of the Interest Period applicable thereto (if any) and, in the case of any Prime-based Advance, on the Revolving Credit Maturity Date.

• Each Prime-based Advance outstanding under this Note shall bear interest at the Prime-based Rate, and each Quoted Rate Advance outstanding under this Note shall bear interest at the applicable Quoted Rate.

• Each Swing Line Advance shall mature and the principal amount thereof shall be due and payable by the Borrowers in the case of any Quoted Rate Advance, on the last day of the Interest Period applicable thereto (if any) and, in the case of any Prime-based Advance, on the Revolving Credit Maturity Date.

• Interest on each Prime-based Advance shall be payable monthly on the last Business Day of each month, and, in the case of Quoted Rate Advances, on the respective repayment date therefor; provided, however, if such repayment date is more than thirty (30) days after the date of any such Quoted Rate Advance, interest thereon shall also be payable at intervals of thirty (30) days from the date of such Advance.

More Definitions of Quoted Rate Advance

Quoted Rate Advance means any US Swing Line Advance which bears interest at the Quoted Rate.

Quoted Rate Advance shall have the respective meanings specified in Section 2.03(b).

Quoted Rate Advance means any Swing Line Advance which bears interest at a Quoted Rate.

Quoted Rate Advance. A particular Term Loan agreed by the Borrower and the Bank to be a Quoted Rate Advance, as described in Section 2.2(e).

Quoted Rate Advance means any Advance bearing interest at the Quoted

Quoted Rate Advance. Revolving Credit Commitment," "Revolving Termination Date," "Term Loans," and "Term Notes" contained in Section 1.1 of the Credit Agreement are deleted in their respective entireties and the following definitions are substituted in lieu thereof in the appropriate alphabetical order:

Quoted Rate Advance has the meaning specified in Section 2.6(d).