Cost of Funds Advance definition

Cost of Funds Advance means a Swingline Loan that bears interest as provided in Section 2.06(c).

Cost of Funds Advance means an Advance denominated in Euros that bears interest at the Cost of Funds.

Cost of Funds Advance means a Swingline Loan that bears interest as provided in Section

Examples of Cost of Funds Advance in a sentence

• At all times such Advance is a Cost of Funds Advance, the Borrower shall pay interest on the unpaid principal amount of such Cost of Funds Advance from the date of such Cost of Funds Advance until such principal amount shall be paid in full at a rate per annum equal to the Cost of Funds Rate in effect from time to time plus the Applicable Margin for Eurodollar Advances in effect from time to time.

• During such periods as such Advance is a Cost of Funds Advance, a rate per annum equal at all times to the sum of (A) the Cost of Funds in effect from time to time plus (B) the Applicable Margin in effect from time to time with respect to such Advance, payable quarterly in arrears on the first Business Day following each Fiscal Quarter during such periods and upon repayment of such Advance.

• Requests for Advances received after such time may, at the Bank's option, be deemed to be a request for an Advance to be made on the next succeeding Business Day for a Variable Rate Advance and the third succeeding Business Day for a Eurocurrency Advance or a Cost of Funds Advance.

• A Swing Line Advance denominated in Dollars shall be a Base Rate Advance, a Swing Line Advance denominated in Sterling shall be an Overnight Eurocurrency Rate Advance and a Swing Line Advance denominated in Euros shall be a Cost of Funds Advance.

• The Swing Line Lender shall have no obligation to make a Cost of Funds Advance.

More Definitions of Cost of Funds Advance

Cost of Funds Advance means any Advance hereunder that bears interest based on the Cost of Funds Rate provided, that, such Advances must have an Interest Period of not more than thirty (30) days.

Cost of Funds Advance means an advance under Section 2.1 which is made in CDN Dollars and bears interest at the Cost of Funds Rate.

Cost of Funds Advance means any Advance, Equipment Advance or Equipment Advance IV that bears interest with reference to the Cost of Funds.

Cost of Funds Advance. Cost of Funds Interest Period" and "Fixed Rate": shall have the meanings provided in Section 2.4 hereof.

Cost of Funds Advance means Advances which bear interest at the Cost of Funds Rate each individually called a "Cost of Funds Advance" and collectively "Cost of Funds Advances."

Cost of Funds Advance which appears in ARTICLE I is deleted in its entirety and replaced with the following:

Cost of Funds Advance means any principal outstanding under this Note which pursuant to this Note bears interest at the Cost of Funds Rate.