Cost of Funds Rate Advance definition

Cost of Funds Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(i).
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Cost of Funds Rate Advance means each Advance that bears interest at a rate based on the Cost of Funds Rate as provided in Section 2.04.
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Cost of Funds Rate Advance. A Loan, or a portion of the outstanding Loans, which bears interest at a Cost of Funds Rate pursuant to the Borrower"s timely election under Section 2.06.
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Examples of Cost of Funds Rate Advance in a sentence

  • Notwithstanding the foregoing or anything in this Agreement to the contrary, the relevant CP Lender (or its Conduit Support Provider or Program Manager, as applicable) shall determine and announce to the Calculation Agent the Cost of Funds Rate for each Cost of Funds Rate Advance, such determination to be conclusive absent manifest error.

  • While an Advance is a Cost of Funds Rate Advance, a rate per annum equal to the sum of the Cost of Funds Rate in effect from time to time plus the Facility Margin Level.


More Definitions of Cost of Funds Rate Advance

Cost of Funds Rate Advance means the whole or any portion of the Principal Amount which bears interest at a rate based upon the Cost of Funds Rate, but such portion of the Principal Amount shall be in an integral multiple of $100,000 but in no event less than $1,000,000.
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Cost of Funds Rate Advance means any Advance hereunder which bears interest based on the Cost of Funds Rate.
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Related to Cost of Funds Rate Advance

  • LIBOR Rate Advance means an Advance which bears interest at a LIBOR Rate.

  • LIBO Rate Advance means a Pro Rata Advance that bears interest as provided in Section 2.04(a)(ii).

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

  • Fixed Rate Advance means an Advance which bears interest at a Fixed Rate.

  • Reference Rate Advance means an Advance which bears interest as provided in Section 2.09(a).

  • Prime Rate Advance means an Advance that bears interest based at the Prime Rate.

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

  • Eurocurrency Rate Advance means a Revolving Credit Advance or a Term Loan Advance denominated in Dollars or in an Agreed Currency which bears interest as provided in Section 2.07(b) or a Local Currency Advance which bears interest as provided in Section 2.07(b) and the Local Currency Addendum.

  • Floating Rate Advance means an Advance which bears interest at the Floating Rate.

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

  • Alternate Base Rate Advance means an Advance which bears interest at the Alternate Base Rate.

  • Fixed Rate Advances has the meaning specified in Section 2.03(a)(i).

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

  • LIBO Rate Advances has the meaning specified in Section 2.03(a)(i).

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

  • U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.

  • Eurodollar Rate Borrowing means a Borrowing comprised of Eurodollar Rate Loans.

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.

  • Reference Rate Loan means any Committed Loan that bears interest at a rate determined with reference to the Reference Rate.

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • Index Rate Loan means a Loan or portion thereof bearing interest by reference to the Index Rate.

  • Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.

  • LIBOR Rate Loan means a Loan that bears interest based on LIBOR.

  • CDOR Rate Loan means a Loan denominated in Canadian Dollars the rate of interest applicable to which is based on the CDOR Rate.

  • Eurodollar Rate Committed Loan means a Committed Loan that bears interest at a rate based on clause (a) of the definition of “Eurodollar Rate.”

  • Base Rate Loan means a Loan that bears interest based on the Base Rate.