Applicable Liquidity Rate definition
Applicable Liquidity Rate has the meaning specified in Section 3.07(g).
Applicable Liquidity Rate has the meaning assigned to such term in Section 3.07(g).
Applicable Liquidity Rate means the rates of interest specified in Section 3.7 with respect to any Advance.
Examples of Applicable Liquidity Rate in a sentence
The rates of interest specified in this Section 3.07 with respect to any Advance or other amount shall be referred to as the "Applicable Liquidity Rate".
If such notice is given, then the outstanding principal amount of the LIBOR Advances shall be converted to Base Rate Advances effective from the date of the Rate Determination Notice; provided that the Applicable Liquidity Rate in respect of such Base Rate Advances shall be increased by one percent (1.00%).
The rates of interest specified in this Section 3.7 with respect to any Advance or other amount shall be referred to as the "Applicable Liquidity Rate".
More Definitions of Applicable Liquidity Rate
Applicable Liquidity Rate has the meaning specified in Section ------------------------- ------- 3.07(g). -------
Applicable Liquidity Rate has the meaning specified in Section 3.07(g). “Applicable Margin” means (a) in the case of any SOFR Advance, 2.25% per annum and (b) in the case of any ABR Advance, 1.25% per annum. “Applied Downgrade Advance” has the meaning specified in Section 2.06(a). “Applied Non-Extension Advance” has the meaning specified in Section 2.06(a). “Applied Provider Advance” means an Applied Downgrade Advance or an Applied Non- Extension Advance. “Available Tenor” means, as of any date of determination and with respect to the then- current Benchmark, as applicable, if such Benchmark is a term rate, any tenor for such Benchmark (or component thereof) that is or may be used for determining the length of an interest period pursuant to this Agreement as of such date and not including, for the avoidance of doubt, any tenor for such Benchmark that is then-removed from the definition of “Interest Period” pursuant to Section 3.08(d). “Available Amount” means, subject to the proviso contained in Section 3.14(g) of the Indenture, at any date of determination, (a) the Maximum Facility Commitment at such time less (b) the aggregate amount of all Facility Advances under the Initial Liquidity Facility outstanding at such time; provided that following a Downgrade Advance, a Final Advance or a Non-Extension Advance, the Available Amount shall be zero, provided further that, in the case of a Downgrade Advance, if the Initial Liquidity Facility ceases to be a Downgraded Facility, the Available Amount shall initially be reinstated to an amount equal to the amount of any Unapplied Provider Advance that is reimbursed to the Initial Liquidity Facility Provider pursuant to Section 2.06(c)
Applicable Liquidity Rate for interest payable thereon and (iv) subject to Sections 2.07 and 2.09 hereof, all Advances (including, without limitation, any Provider Advance and Applied Provider Advance), any accrued interest thereon and any other amounts outstanding hereunder to become immediately due and payable to the Liquidity Provider.