Domestic Floating Rate Advance definition

Domestic Floating Rate Advance means an Advance which, except as otherwise provided in Section 2.12, bears interest at the Floating Rate.
Domestic Floating Rate Advance means an Advance which, except as otherwise provided in Section 2.12 , bears interest at the Floating Rate.

Examples of Domestic Floating Rate Advance in a sentence

  • Promptly after receipt of a Borrowing Notice (or telephonic notice in lieu thereof) of a requested Domestic Floating Rate Advance, the Agent shall elect in its discretion to have the terms of Section 2.1.1(f) (pro rata advance by all Domestic Lenders) or Section 2.1.3 (advance by the Agent, in the form of a Non-Ratable Loan, on behalf of the Domestic Lenders) apply to such requested Advance.

  • Subject to the restrictions set forth in Section 2.1.1(a) , the Agent may elect to have the terms of this Section 2.1.3 apply to any requested Domestic Floating Rate Advance and Chase shall thereafter make an Advance, on behalf of the Domestic Lenders and in the amount requested, available to the Domestic Borrowers on the applicable Borrowing Date by transferring same day funds to the appropriate Funding Account.

  • Allen said we probably need an abbreviated research study on this.

Related to Domestic Floating Rate Advance

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

  • 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).

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

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

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

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

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

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

  • Floating Rate Loan means a Loan which bears interest at the Floating 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.

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

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

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

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

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

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

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

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

  • Fixed Rate Loans means Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

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

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

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

  • Domestic Rate Loan means any Advance that bears interest based upon the Alternate Base Rate.

  • Floating Rate Interest Period means, during the Floating Rate Period, the period beginning on (and including) a Floating Rate Period Interest Payment Date and ending on (but excluding) the next succeeding Floating Rate Period Interest Payment Date; provided that the first Floating Rate Interest Period will begin on (and include) April 18, 2025 and will end on (but exclude) the first Floating Rate Period Interest Payment Date.