Making of Advances definition

Making of Advances. If the Agent notifies any Bank in accordance with Clause 11.5 (Agent's Notification") that it is to make any Advance, and, subject to Clauses 12.2 (Certain Funds) and 24.4 (Clean-up Period), if on the proposed Utilisation Date relating to such an Advance:

Examples of Making of Advances in a sentence

  • Making of Advances ..................................................................................16 Section 2.03.

  • Making of Advances......................................................................

  • Making of Advances................................................

Related to Making of Advances

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

  • Agent Advances has the meaning set forth in Section 2.3(e)(i).

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.

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

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • 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.

  • Floating Rate Advance means an Advance which bears interest at the Floating Rate.

  • Request for Borrowing has the meaning provided in Section 2.3(a).

  • Term Loan Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Loan Lenders pursuant to Section 2.01(a).

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

  • Mandatory Borrowing shall have the meaning provided in Section 2.1(d).

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.

  • Notice of Borrowing has the meaning specified in Section 2.02(a).

  • 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.

  • Notice of Swingline Borrowing means a notice substantially in the form of Exhibit G (or such other form reasonably acceptable to the Administrative Agent and containing the information required in such Exhibit) to be delivered to the Swingline Lender pursuant to Section 2.4.(b) evidencing the Borrower’s request for a Swingline Loan.

  • Notice of Revolving Borrowing shall have the meaning as set forth in Section 2.3.

  • Revolving Borrowing means a borrowing consisting of simultaneous Revolving Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.

  • Agent Advance shall have the meaning provided in Section 2.01(e).

  • Notice of Swing Line Borrowing has the meaning specified in Section 2.02(b).

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Notice of Committed Borrowing has the meaning set forth in Section 2.02.

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

  • Refunding Borrowing means a Committed Borrowing which, after application of the proceeds thereof, results in no net increase in the outstanding principal amount of Committed Loans made by any Bank.

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.