EURIBOR Advance definition

EURIBOR Advance means an Advance that bears interest as provided in Section 2.05(a)(iii).

EURIBOR Advance means a Revolving Credit Advance denominated in Euro that bears interest as provided in Section 2.5(a).

EURIBOR Advance means any EURIBOR Rate Advance or EURIBOR Bid Rate Advance for any Advance in Euro.

Examples of EURIBOR Advance in a sentence

• If the Company fails to give a Notice of Conversion or Continuation with respect to an outstanding Borrowing consisting of XXXXXXX Advances as provided in clause (ii) above, the Company shall be deemed to have converted such EURIBOR Advances into a EURIBOR Advance with an Interest Period of one (1) month in accordance with this Section 2.04 if such Advances are outstanding after the last day of the Interest Period with respect thereto.

• If such Advance is a EURIBOR Advance, a rate per annum equal at all times during the Interest Period for such Advance to the sum of the EURIBO Rate for such Interest Period plus the Applicable EURIBOR Margin for such Interest Period, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day which occurs during such Interest Period every three months from the first day of such Interest Period.

• If the Company fails to give a Notice of Conversion or Continuation with respect to an outstanding Revolving Credit Borrowing consisting of EURIBOR Advances as provided in clause (ii) above, the Company shall be deemed to have converted such EURIBOR Advances into a EURIBOR Advance with an Interest Period of one (1) month in accordance with this Section 2.04 if such Revolving Credit Advances are outstanding after the last day of the Interest Period with respect thereto.

More Definitions of EURIBOR Advance

EURIBOR Advance means a Pro Rata Advance denominated in Euro that bears interest as provided in Section 2.6(a).

EURIBOR Advance means an Advance denominated in Euro that bears interest as provided in Section 2.4(a). “Euro”, “EUR” and the “€” sign each mean the single currency of the Participating Member States.

EURIBOR Advance means any Eurocurrency Rate Advance which is denominated in Euros and bears interest at a rate determined in accordance with clause (b) of the definition of Eurocurrency Rate in this Section 1.01.

EURIBOR Advance means an Advance in Euros bearing interest based on EURIBOR Rate.

EURIBOR Advance means a Competitive Bid Advance denominated in Euro and bearing interest based on the EURIBO Rate.

EURIBOR Advance means an Advance that bears interest as provided in Section 2.04(a)(i). “Eurocurrency Lending Office” means, with respect to any Lender, the office of such Lender specified as its “Eurocurrency Lending Office”

EURIBOR Advance means an Advance designated as such in a notice of borrowing under Section 2.3 or a notice of continuation or conversion under Section 2.4. “EURIBOR Screen Rate” means, for the relevant Interest Period, the euro interbank offered rate administered by the European Money Markets Institute (or any other person which takes over the administration of that rate) for the relevant period displayed (before any correction, recalculation or republication by the administrator) on page EURIBOR01 of the applicable Reuters screen (or any applicable replacement Reuters page which displays that rate) or on the appropriate page of such other information service which publishes that rate from time to time in place of Reuters as published at approximately 11:00 a.m. Brussels time two TARGET Days prior to the commencement of such Interest Period. If such page or service ceases to be available, the Agent may specify another page or service displaying the relevant rate after consultation with the Company. “Euro” and “EUR” means the single currency of the participating member states of the European Union. “Event of Default” means any event described in Section 10.1. “Exchange Act” means the Securities Exchange Act of 1934, as amended.