Fixed Rate Bid Advance definition

Fixed Rate Bid Advance means a Competitive Bid Advance bearing interest based on a fixed rate per annum as specified in the relevant Notice of Competitive Bid Borrowing.
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Fixed Rate Bid Advance means a Bid Advance that bears interest for the relevant Fixed Rate Period, at a Fixed Rate.
Sample 1
Fixed Rate Bid Advance means a Competitive Bid Advance bearing interest based on a fixed rate per annum as specified in the relevant
Sample 1

Examples of Fixed Rate Bid Advance in a sentence

  • Borrower acknowledges that prepayment or acceleration of a LIBOR Advance, Fixed Rate Bid Advance or Absolute Rate Bid Advance during an Interest Period shall result in the Lenders incurring additional costs, expenses and/or liabilities and that it is extremely difficult and impractical to ascertain the extent of such costs, expenses and/or liabilities.

Related to Fixed Rate Bid Advance

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

  • Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.

  • Competitive Bid Advance means an advance by a Lender to the Borrower as part of a Competitive Bid Borrowing resulting from the competitive bidding procedure described in Section 2.03 and refers to a Fixed Rate Advance or a LIBO Rate Advance.

  • LIBOR Rate Advance means an Advance which bears interest at a LIBOR Rate.

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

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • Reference Rate Advance means an Advance which bears interest as provided in Section 2.09(a).

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

  • Fixed Rate Advances has the meaning specified in Section 2.03(a)(i).

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

  • Fixed Rate Loans means Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • 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).

  • Eurodollar Rate Borrowing means a Borrowing comprised of Eurodollar Rate Loans.

  • Floating Rate Loan means a Loan which bears interest at the Floating Rate.

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

  • Reference Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the Reference Rate.

  • LIBOR Tranche means the collective reference to LIBOR Rate Loans whose Interest Periods begin and end on the same day.

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

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.

  • Base Rate Advance means an Advance that bears interest as provided in Section 2.06(a)(i).

  • Eurocurrency Advance means an Advance which, except as otherwise provided in Section 2.12, bears interest at the applicable Eurocurrency Rate.

  • Index Rate Loan means a Loan or portion thereof bearing interest by reference to the Index Rate.

  • Fixed Rate Interest Period means the period beginning on (and including) the Issue Date and ending on (but excluding) the first Fixed Rate Interest Payment Date, and each successive period beginning on (and including) a Fixed Rate Interest Payment Date and ending on (but excluding) the next succeeding Fixed Rate Interest Payment Date.

  • Bid Rate Loan means a loan made by a Lender under Section 2.2.

  • Absolute Rate Loan means a Bid Loan that bears interest at a rate determined with reference to an Absolute Rate.

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.