Examples of Offered Rate Advance in a sentence
Interest accrued on each Eurocurrency Advance or Offered 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 Eurocurrency Advance and Offered Rate Advance shall be payable on the last day of its applicable Interest Period, on any date on which the Eurocurrency Advance or Offered Rate Advance is prepaid, whether by acceleration or otherwise, and at maturity.
Interest on each Offered Rate Advance shall be computed on the basis of a year of 360 days for the actual number of days elapsed and shall be payable at the Offered Rate Basis for such Advance in arrears on each Payment Date.
Any Advance shall, at the option of the Borrower, be made as an Offered Rate Advance or a LIBO Rate Advance.
Upon at least one (1) Business Day's irrevocable prior written notice, the Borrower may repay or prepay an Offered Rate Advance without regard to its Payment Date and (a) reborrow all or a portion of the principal amount thereof as one or more Offered Rate Advances, (b) reborrow all or a portion of the principal thereof as one or more LIBO Rate Advances, or (c) not reborrow all or any portion of such Offered Rate Advance.
At least three (3) Business Days prior to the last day of the Interest Period with respect to each LIBO Rate Advance, the Borrower shall give Lender written notice specifying whether all or a portion of any LIBO Rate Advance outstanding on such date (a) is to be repaid and then reborrowed in whole or in part as a LIBO Rate Advance, (b) is to be repaid and then reborrowed in whole or in part as an Offered Rate Advance, (c) is to be repaid and not reborrowed.
On the date indicated by the Borrower, such Offered Rate Advance shall be so repaid and, as applicable, reborrowed.
The software suite distributed with the SHS-GC-IMS instrument, LAV (Laboratory Analytical Viewer, version 2.2.1, Dortmund, Germany), was used to process the raw data acquired from each run.
If the Swing Line Lender elects to make an Offered Rate Advance, it shall notify the Borrower of the Offered Rate being offered prior to 11:00 a.m. (Atlanta time) on the Business Day of such requested Advance (such Notice of Swing Line Borrowing to be given as provided in Section 4.1(a)(ii) hereof).
At least one (1) Business Day prior to the last day of the Interest Period with respect to each Offered Rate Advance, the Borrower shall give Lender written notice specifying whether all or a portion of such LIBO Rate Advance (a) is to be repaid and not reborrowed and (b) is to be repaid and then reborrowed in whole or in part as an Offered Rate Advance.