Prime Rate Advance means an Advance that bears interest based at the Prime Rate.
Prime Rate Advance means an Advance in Canadian Dollars bearing interest based on the Prime Rate and includes deemed Prime Rate Advances provided for in this Agreement.
Prime Rate Advance means an Advance in Canadian Dollars bearing interest based on the Prime Rate and includes availments that are deemed to be Prime Rate Advances under this Agreement.
Examples of Prime Rate Advance in a sentence
The Borrower shall pay interest on Prime Rate Advance, Base Rate Advances, XXXXX Advances and SOFR Advances on each Interest Payment Date.
More Definitions of Prime Rate Advance
Prime Rate Advance a portion of the Loans with respect to which the interest rate is determined by reference to the Prime Rate.
Prime Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(i).
Prime Rate Advance means an Advance that bears interest based on the Prime Rate.
Prime Rate Advance means an Advance (other than a Competitive Bid Advance) that bears interest as provided in Section 2.08(a)(i).
Prime Rate Advance means any Advance under this Note when and to the extent that its interest rate is determined by reference to the Prime Rate.
Prime Rate Advance means an Advance which the Borrower requests to be made as a Prime Rate Advance or is reborrowed as a Prime Rate Advance, in accordance with the provisions of Section 2.2 hereof, which bears interest at the Prime Rate Basis and which shall be in a principal amount of at least $2,000,000.00, and in an integral multiple of $500,000.00.
Prime Rate Advance means an Advance in or a Conversion into Canadian Dollars made by the Lenders to the Canadian Borrower with respect to which the Canadian Borrower has specified that interest is to be calculated by reference to the Prime Rate.