Alternative Currency Advance means an Advance denominated in an Alternative Currency.

Alternative Currency Advance means any CAD Advance, EUR Advance or GBP Advance.

Examples of Alternative Currency Advance in a sentence

Each Alternative Currency Advance Report shall be delivered to the Administrative Agent not later than 10:30 A.M. (New York City time) on the date on which it is required to be delivered.
PROVIDED that, any Alternative Currency Advance Report delivered by the Company pursuant to clause (iii) need only specify the Alternative Currency Outstandings on the date of such Alternative Currency Advance Report.
However, courts “will not deprive the insurer of unambiguous terms placed in the contract for its benefit.” Parsons Hill P’ship, 2010 VT 44 at ¶ 21 (quoting Fireman’s Fund Ins.
The Funding Agent shall determine the Dollar Amount of each Alternative Currency Advance promptly after it receives the related Notice of Borrowing, based on the Spot Rate on the day it receives such notice.
If required by the Bank making such advance, each Alternative Currency Advance shall be evidenced by a single promissory note of the Borrower in an amount equal to the principal amount of such Alternative Currency Advance, such promissory note to be in form mutually satisfactory to the Borrower and such Bank.

More Definitions of Alternative Currency Advance

Alternative Currency Advance means any Advance denominated in any Alternative Currency.

Alternative Currency Advance means any AUD Advance, CDOR Advance, EURO Advance or GBP Advance.

Alternative Currency Advance means an advance made by a Bank to the Borrower in an Alternative Currency pursuant to Section 2.16.

Alternative Currency Advance means any Advance made under the Loan Agreement in an Alternative Currency.

Alternative Currency Advance means each Multicurrency Loan disbursement.

Alternative Currency Advance means an Alternative Currency Daily Rate Advance or an Alternative Currency Term Rate Advance, as applicable. “Alternative Currency Daily Rate” shall mean, for any date, with respect to any Advance: (a) denominated in Sterling, the rate per annum equal to XXXXX determined pursuant to the definition thereof plus the XXXXX Adjustment; (b) denominated in any other Alternative Currency (other than Canadian Dollars) (to the extent such Advance denominated in such currency will bear interest at a daily rate, the daily rate per annum as designated with respect to such Alternative Currency at the time such Alternative Currency is approved by the Agent and the relevant Lenders and Issuing Banks, plus the adjustment (if any) determined by the Agent and the relevant Lenders and Issuing Banks in accordance with Section 1.13; provided, that, if any Alternative Currency Daily Rate shall be less than zero, such rate shall be deemed zero for purposes of this Agreement. Any change in an Alternative