Examples of Portion of Advances in a sentence
At any time, each Portion of Advances shall have only one Interest Period and one Rate Type.
Absent due notice from the Borrower of conversion or prepayment, such Advance (or Portion of Advances) shall automatically be converted to Advance (or Portion of Advances) bearing interest at the Base Rate otherwise available with respect to such Advance (or Portion of Advances) upon such specified date.
Upon the Borrower’s receipt of notice of the commencement of a Benchmark Unavailability Period, the Borrower may revoke any Borrowing Request for, conversion to or continuation of Advances (or any Portion of Advances) to be made, converted or continued during any Benchmark Unavailability Period and, failing that, the Borrower will be deemed to have converted any Borrowing Request into a request for an Advance of or conversion to an Advance (or any Portion of Advances) bearing interest at the Base Rate.
PRO FORMA CONSOLIDATED CAPITALIZATION For accounting purposes, the business combination resulting from the Proposed Acquisition will be treated as a reverse take-over of the Corporation by Web Dream Shareholders.
With respect to its Commitment as a Credit Facility Lender and its Rateable Portion of Advances, the Administrative Agent shall have the same rights and powers under this Agreement as any other Credit Facility Lender and may exercise them as though it were not the Administrative Agent.
Rateable Portion of Advances............................................................
In fact, this is our land, but they are saying that it is vacant, fallow and virgin land.
Each LIBOR Portion of Advances shall be in an amount equal to $1,000,000 or such greater amount which is an integral multiple of $100,000, and each LIBOR Portion of Indebtedness evidenced by the Term Notes shall be in an amount equal to $100,000 or such greater amount which is an integral multiple of $100,000.
Upon the Borrower’s receipt of notice of the commencement of a Benchmark Unavailability Period, none of the Lenders or Managing Agents shall allocate any Portion of Advances with respect to Advances made during such period or reallocate any Portion of Advances allocated to any then existing Interest Period ending during such period, to an Interest Period with respect to which Yield is calculated by reference to the LIBOR Base Rate or the LMIR Rate.”.
Rateable Portion of Advances........................................