Euro Advance definition

Euro Advance means an Advance denominated in Euros.
Euro Advance means (i) a Eurodollar Advance or (ii) a Multicurrency Advance.
Euro Advance means an Advance denominated in Euros. selected by it; provided that, if at any time a Lender is borrowing overnight funds from a Federal Reserve Bank that day, the Federal Funds Rate for such Lender for such day shall be the average rate per annum at which such overnight borrowings are made on that day as promptly reported by such Lender to the Borrower and the Agents in writing; provided, further, that if the Federal Funds Rate is less than zero, such rate shall be deemed to be zero for purposes of this Agreement. Each determination of the Federal Funds Rate by a Lender pursuant to the foregoing proviso shall be conclusive and binding except in the case of manifest error.

Examples of Euro Advance in a sentence

  • PartnershipThe project is coordinated by Euro Advance Association (Bulgaria), in partnership with Udruga za promicanje aktivnog gradanstva - ECHO (Croatia), Asociatia Se Poate (Romania), COFAC Cooperativa De Formacao E Animacao Cultural CRL (Portugal), Alliance 4 Europe GMBH (Germany).

  • In the six CTAs where the percentage was determined, the minimum value was 10% and the maximum 15% 9.3 Advance payments‌ 18000 17000 16000 15000 14000 13000 12000 11000 10000 9000 8000 7000 6000 5000 4000 3000 2000 1000 0 Average Euro Advance payments included both refundable and non-refundable parts of the payment.

  • Advances may be drawn in Euro (each, a "Class A1-R Euro Advance"), U.S. Dollars (each, a "Class A1-R USD Advance") or Sterling (each, a "Class A1-R Sterling Advance" and, together with the Class A1-R Euro Advances and the Class A1-R USD Advances, the "Class A1-R Advances").

  • Euro Advance, then Agent shall promptly give notice thereof to Borrower and the other Lenders.

  • Class A-1R Euro Interest Amounts on each Class A-1R Euro Advance for each Class A-1R Advance Interest Period will accrue at the rate per annum determined by the Class A-1R Note Agent to be the Applicable EURIBOR plus the Class A-1R Euro Margin and will be computed on the basis of a 360-day year and the actualnumber of days elapsed, all as more fully set out in Condition 6(f) (Interest on the Class A-1R Notes).

  • Interest Amount in respect of the Notes other than the Class A-R Notes, shall have the meaning specified in Condition 6(e) (Floating Rate of Interest) and in respect of any Class A-R Euro Advance, shall mean the Class A-R Euro Interest Amount and in respect of any Class A-R Sterling Advance, shall mean the Class A-R Sterling Interest Amount and, in each case, shall include any Class A-R Commitment Fees to the extent applicable.

  • EURIBOR with respect to any Euro Advance under the VFN Notes will be set initially two (2) Business Days prior to the date of the Increase of such Euro Advances and reset for each subsequent VFN Note Interest Accrual Period.


More Definitions of Euro Advance

Euro Advance means an advance under Section 2.1 which is made in euro and bears interest at the Adjusted euro Rate.
Euro Advance means any Advance made under the Loan Agreement to Borrower in Euros and which bears interest at the Euro Rate.
Euro Advance or “Euro Advances” has the meaning specified in the definition of “Advance”.
Euro Advance or “Euro Advances” has the meaning specified in the definition of “Advance”.
Euro Advance means (i) a Eurodollar Advance or (ii) a Multicurrency Advance.
Euro Advance means an advance under Section 2.1 which is made in euro and bears interest at the Adjusted euro Rate.

Related to Euro Advance

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage. All L/C Advances shall be denominated in Dollars.

  • Euro-Dollar Loan means a Committed Loan that bears interest at a Euro-Dollar Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.

  • Revolving Loan has the meaning specified in Section 2.01(a).

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

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

  • Swing Line Advance has the meaning ascribed to it in Section 1.1(c)(i).

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

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

  • Dollar Loan means a Loan denominated in Dollars.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Alternative Currency Term Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Term Rate.” All Alternative Currency Term Rate Loans must be denominated in an Alternative Currency.

  • Alternative Currency Loan means an Alternative Currency Daily Rate Loan or an Alternative Currency Term Rate Loan, as applicable.

  • Swingline Loan means a Loan made pursuant to Section 2.04.