EURIBOR Advance definition

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

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

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 such extension would cause such payment with respect to a Eurocurrency Advance or EURIBOR Advance to be made in the next following calendar month, such payment shall be made on the immediately preceding applicable Business Day and the period of time during which such payment would have been outstanding but for compliance with this provision shall not be included in the computation of payment of interest with respect thereto.

• During such periods as such Advance is a EURIBOR Advance, a rate per annum equal at all times during each Interest Period for such Advance to the sum of (x) EURIBOR for such Interest Period for such Advance plus (y) the Applicable Interest Rate Margin plus (z) Mandatory Cost, if any, payable in arrears on the last day of such Interest Period and on the date such EURIBOR Advance shall be paid in full.

• The unpaid principal amount of each Term SOFR Advance, EURIBOR Advance, TIBOR Advance and Other Interest Rate Advance using Interest Periods shall bear interest prior to maturity at a rate per annum equal to the sum of (i) the applicable interest rate in effect for the corresponding Interest Period for such Advance, plus (ii) the Applicable Margin for such Type of Advance.

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 in Euros bearing interest based on EURIBOR Rate.

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

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 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”