Eurocurrency Rate Advance definition

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.

Eurocurrency Rate Advance means a Revolving Credit Advance denominated in Dollars or a Committed Currency that bears interest as provided in Section 2.07(a)(ii).

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

Examples of Eurocurrency Rate Advance in a sentence

• Each Borrower shall select the Type of Syndicated Global Advance or Syndicated Canadian Advance and, in the case of each Eurocurrency Rate Advance or CDOR Advance, the Interest Period and permitted currency applicable to each Syndicated Global Advance, Syndicated Canadian Advance and CDOR Advance from time to time.

• Each Syndicated Canadian Advance shall be a CDOR Advance denominated in Canadian Dollars, Eurocurrency Rate Advance denominated in Dollars, Base Rate Advance denominated in Dollars or a Canadian Prime Rate Advance denominated in Canadian Dollars.

• Each Eurocurrency Rate Advance shall bear interest from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined as applicable to such Eurocurrency Rate Advance.

• Each Syndicated Global Advance in an Agreed Currency other than Dollars must be a Eurocurrency Rate Advance; provided that each Syndicated Global Advance in euro must be a Eurocurrency Rate Advance based on EURIBOR.

• Each Syndicated Canadian Advance which is a Eurocurrency Rate Advance shall bear interest from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined as applicable to such Eurocurrency Rate Advance.

More Definitions of Eurocurrency Rate Advance

Eurocurrency Rate Advance means an Advance which bears interest at the Eurocurrency Rate.

Eurocurrency Rate Advance means an Advance denominated in Dollars or a Committed Currency that bears interest as provided in Section 2.07(a)(ii).

Eurocurrency Rate Advance means an Advance denominated in Dollars or a Committed Currency which bears interest as provided in Section 2.06(a)(ii).

Eurocurrency Rate Advance means an Advance which bears interest as provided in Section 2.6(b).

Eurocurrency Rate Advance means an Advance which is part of a Eurocurrency Rate Funding.

Eurocurrency Rate Advance means an Advance that bears interest as provided in Section 2.06(a)(ii).

Eurocurrency Rate Advance means a Revolving Credit Advance denominated in Dollars or in a Major Currency that bears interest as provided in Section 2.08(a)(i)(B).