Swing Rate Advance definition

Swing Rate Advance means an Advance made or outstanding as a Swing Line Loan bearing interest based on the Swing Rate as provided in Section 3.02.
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Swing Rate Advance means any Advance outstanding hereunder bearing interest based upon the Swing Rate.
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Swing Rate Advance means an Advance made or outstanding as a Swing Line Loan bearing interest based on the Swing Rate as provided in Section 2.11(c).
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Examples of Swing Rate Advance in a sentence

  • In some countries there is a risk of overlap between the competition authorities on the one hand and the ministry of energy, telecommunications etc.

  • GCSE BUSINESS 7 The content is presented in six clear and distinct topic areas: • Business activity• Influences on business• Business operations• Finance• Marketing• Human resourcesWithin each topic area the knowledge, understanding and skills are set out with an initial overview and then in two columns.

  • Each Swing Line Loan shall be made as a Swing Rate Advance from the Swing Line Lender at the Swing Rate and Interest Period established by the Borrower and the Swing Line Lender on the date of each request for a Swing Line Loan in accordance with Section 3.01(a)(ii).

Related to Swing Rate Advance

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

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

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

  • Prime Rate Advance means an Advance that bears interest based at the Prime Rate.

  • LIBO Rate Advance means a Pro Rata Advance that bears interest as provided in Section 2.04(a)(ii).

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

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

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.

  • borrowing rate means the interest rate expressed as a fixed or variable percentage applied on an annual basis to the amount of credit drawn down;

  • Reference Rate Advance means an Advance which bears interest as provided in Section 2.09(a).

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

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

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

  • Base Rate Loan means a Loan that bears interest based on the Base Rate.

  • Eurocurrency Rate Advance means a Revolving Credit Advance denominated in Dollars or a Committed Currency that bears interest as provided in Section 2.07(a)(ii).

  • LIBO Rate Advances means a Competitive Bid Advance denominated in Dollars or in any Foreign Currency and bearing interest based on the LIBO Rate.

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

  • Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.

  • Alternate Base Rate Advance means an Advance which bears interest at the Alternate Base Rate.

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

  • Alternate Currency Loan means any Loan denominated in an Alternate Currency.

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

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • Alternative Currency Term Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Term Rate.” All Alternative Currency Term Rate Loans must be denominated in an Alternative Currency.

  • Revolving Advance has the meaning given in Section 2.1.

  • U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.