Fixed Rate Advance definition

Fixed Rate Advance means an Advance which bears interest at a Fixed Rate.

Fixed Rate Advance means an Advance made by a Lender to a Borrower as part of a Fixed Rate Borrowing.

Fixed Rate Advance has the meaning specified in Section 2.03(a)(i), which Advance shall be denominated in Dollars or in any Foreign Currency.

Examples of Fixed Rate Advance in a sentence

• Interest accrued on each Fixed Rate Advance having an Interest Period longer than three months shall also be payable on the last day of each three-month interval during such Interest Period.

• Interest accrued on each Fixed Rate Advance shall be payable on the last day of its applicable Interest Period, on any date on which the Fixed Rate Advance is prepaid, whether by acceleration or otherwise, and at maturity.

• Each Fixed 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 Fixed Rate Advance.

• The Administrative Agent will notify each Lender of the interest rate applicable to each Fixed Rate Advance promptly upon determination of such interest rate and will give each Lender prompt notice of each change in the Alternate Base Rate.

• The Agent will notify each Lender of the interest rate applicable to each Fixed Rate Advance promptly upon determination of such interest rate and will give each Lender prompt notice of each change in the Alternate Base Rate.

More Definitions of Fixed Rate Advance

Fixed Rate Advance means a Eurodollar Rate Advance.

Fixed Rate Advance means a Competitive Bid Advance that ------------------ bears interest at a fixed rate per annum determined as provided in Section 2.01(b).

Fixed Rate Advance means a Competitive Bid Advance that bears interest at a fixed rate per annum determined as provided in Section 2.01(b).

Fixed Rate Advance means an Absolute Rate Advance, a Eurocurrency Bid Rate Advance, a Eurocurrency Ratable Advance, or any or all of the foregoing, as the context may require.

Fixed Rate Advance means an Advance which bears interest at the Eurocurrency Rate or at a fixed Alternate Currency Rate.

Fixed Rate Advance shall have the respective meaning as it is defined for each facility under Section 2, hereof if applicable.

Fixed Rate Advance means any CAF Advance made by a Lender pursuant to Section 2.04(b) based upon a fixed percentage rate per annum offered by such Lender, expressed as a decimal (to no more than four decimal places), and accepted by the Borrower.