Base Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(i).

Base Rate Advance means an Advance that bears interest at a rate based upon the Base Rate.

Base Rate Advance means an Advance that bears interest as provided in Section 2.06(a)(i).

Examples of Base Rate Advance in a sentence

Each partial prepayment of a Revolving Loan that is a Base Rate Advance shall be in an amount of $500,000 or an integral multiple of $100,000 above such amount, or if less, the remaining principal balance of such Loan.
The unpaid principal amount of each Base Rate Advance shall bear interest prior to maturity at a rate per annum equal to the Base Rate plus the Applicable Margin for Base Rate Advances.
Each Base Rate Advance of the Revolving Loans shall be in a minimum amount of $500,000 or in an integral multiple of $100,000 above such amount.
Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base Rate Advance will take effect simultaneously with each change in the Alternate Base Rate.
Any prepayment of an Advance (other than a Base Rate Advance) must be accompanied by accrued and unpaid interest on the amount prepaid.

More Definitions of Base Rate Advance

Base Rate Advance means a Revolving Credit Advance that bears interest as provided in Section 2.06(a)(i).

Base Rate Advance means an Advance denominated in Dollars that bears interest as provided in Section 2.05(a).

Base Rate Advance means an Advance which the Borrower requests to be made as a Base Rate Advance or is Converted to a Base Rate Advance, in accordance with the provisions of Section 2.2 hereof, and which shall be in a principal amount of at least $1,000,000.00 and in an integral multiple of $500,000.00.

Base Rate Advance means a Revolving Credit Advance that bears interest as provided in Section 2.07(a)(i).

Base Rate Advance means a Revolving Credit Advance denominated in Dollars that bears interest as provided in Section 2.07(a)(i).

Base Rate Advance means an Advance that bears interest as provided in Section 2.07(a).

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