Examples of Alternative Base Rate Advance in a sentence
Changes in the rate of interest on that portion of any Advance maintained as a Alternative Base Rate Advance will take effect simultaneously with each change in the Alternate Base Rate.
Subject to the terms of Section 2.6, the Borrower may elect from time to time to convert all or any part of an Alternative Base Rate Advance into a Eurocurrency Advance.
Each Alternative Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Advance into a Alternative Base Rate Advance pursuant to Section 2.2.3, but excluding the date it is paid or is converted into a Eurocurrency Advance pursuant to Section 2.2.3 hereof, at a rate per annum equal to the Alternative Base Rate for such day.
The negotiated local performance levels took into consideration the SDPLs for each core indicator to ensure that the state determined performance levels can be met.
Interest accrued on each Alternative Base Rate Advance shall be payable on each Payment Date, commencing with the first such date to occur after the date hereof.
Interest accrued on each Alternative Base Rate Advance and each Alternative Currency Daily Rate Advance shall be payable in arrears on each Payment Date, commencing with the first such date to occur after the Effective Date, and on any date on which the Advance is prepaid, whether due to acceleration or otherwise, and on the Facility Termination Date.
This category of 'translation errors' does not seem to represent a type of linguistic divergence.
This was seen as students began to correct themselves without any prompting from me.