LIBOR Market Index Rate Advance definition

LIBOR Market Index Rate Advance means a Swingline Loan which, except as otherwise provided in Section 2.10, bears interest at the LIBOR Market Index Rate.
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LIBOR Market Index Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(iii).
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LIBOR Market Index Rate Advance means a Swingline Advance that bears interest based upon the LIBOR Market Index Rate as provided in clause (iii) of the definition of “Applicable Rate”.
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Examples of LIBOR Market Index Rate Advance in a sentence

  • The Administrative Agent will notify each Lender of the interest rate applicable to each Eurodollar Advance and each LIBOR Market Index 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 LIBOR Market Index Rate Advance

LIBOR Market Index Rate Advance means an Advance that bears interest as provided in Section 2.11(b). “Lien” means any lien, security interest or other charge or encumbrance of any kind, or any other type of preferential arrangement, including, without limitation, the lien or retained security title of a conditional vendor and any easement, right of way or other encumbrance on title to real property. “Loan Documents” means, collectively, (i) the Commitment Letter, dated as of March 8, 2021, among the Borrower, Xxxxx Fargo Bank, Xxxxx Fargo Securities, JPMorgan, Barclays, Scotiabank, MUFG, CGMI, Bank of America, BOFAS and Mizuho, (ii) the Fee Letter, dated as of March 8, 2021, among the Borrower, Xxxxx Fargo Bank, Xxxxx Fargo Securities, JPMorgan and Barclays, (iii) the Fee Letter, dated as of March 8, 2021, among the Borrower, Scotiabank, MUFG, CGMI, Bank of America, BOFAS and Mizuho, (iv) the Fee Letter, dated as of March 8, 2021, between the Borrower and the Administrative Agent, (v) the Fee Letter, dated as of March 21, 2022, between the Borrower, Xxxxx Fargo Bank and Xxxxx Fargo Securities, (vi) this Agreement, and (vivii) each promissory note issued pursuant to Section 2.10(d), in each case, as any of the foregoing may be amended, supplemented or modified from time to time. “Margin Regulations” means Regulations T, U and X of the Board of Governors of the Federal Reserve System, as in effect from time to time. “Margin Stock” has the meaning specified in the Margin Regulations. 18 AmericasActive:16624138.116624138.12
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LIBOR Market Index Rate Advance means any Advance accruing interest at the LIBOR Market Index Based Rate.
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Related to LIBOR Market Index Rate Advance

  • LIBOR Market Index Rate means, for any day, the rate for one-month U.S. dollar deposits as reported on Telerate Page 3750 as of 11:00 a.m., London time, for such day, provided, if such day is not a LIBOR Business Day, the immediately preceding LIBOR Business Day (or if not so reported, then as determined by the Swingline Lender from another recognized source or interbank quotation).

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

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

  • LIBOR has the meaning specified in the definition of Eurodollar Rate.

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

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