XXXXX Advance means an Advance denominated in Sterling which, except as otherwise provided in Section 2.11, bears interest at XXXXX.
XXXXX Advance means an Advance denominated in Pounds Sterling that bears interest as provided in Section 2.05(ca)(iv).
XXXXX Advance or “XXXXX Xxxx” means an Advance or Loan which, except as otherwise provided in Section 2.11, bears interest based on the XXXXX Xxxx. For the avoidance of doubt, only Loans denominated in Sterling shall bear interest at a rate based on the XXXXX Xxxx.
Examples of XXXXX Advance in a sentence
If such Advance is a XXXXX Advance, a rate per annum equal to XXXXX in effect from time to time plus the Applicable EURIBOR Margin, payable in arrears monthly on the last Business Day of each fiscal month during the period such XXXXX Advance remains outstanding and on the date such XXXXX Advance shall be paid in full.
More Definitions of XXXXX Advance
XXXXX Advance or “XXXXX Xxxx” means an Advance or Loan which, except as otherwise provided in Section 2.11, bears interest based on the Daily Simple XXXXX Xxxx. XXXXX Advances and XXXXX Xxxxx shall be denominated in Pounds Sterling. “XXXXX Business Day” means, for any Obligations, interest, fees, commissions or other amounts denominated in, or calculated with respect to, Pounds Sterling, any day except for (i) a Saturday, (ii) a Sunday or (iii) a day on which banks are closed for general business in London. “XXXXX Xxxx Day” has the meaning assigned to such term in the definition of “Daily Simple XXXXX Xxxx”. “Specified Indebtedness for Borrowed Money” means (a) Indebtedness for Borrowed Money described under clause (a) of the definition of Indebtedness for Borrowed Money of any Major Subsidiary that is not a Guarantor and (b) guarantees by any Major Subsidiary that is not a Guarantor of any Indebtedness for Borrowed Money described under clause (a) of the definition thereof.
XXXXX Advance means an advance in Sterling to which XXXXX (plus the Applicable Margin) is applicable pursuant to Section 3.6.
XXXXX Advance or “XXXXX Loan” means and Advance or Loan which, except as otherwise provided in Section 2.11, bears interest based on the Daily Simple XXXXX Rate. XXXXX Advances and XXXXX Loans shall be denominated in Pounds Sterling.
XXXXX Advance means a Term XXXXX Advance or a Daily Compounded XXXXX Advance.
XXXXX Advance means an Advance denominated in Sterling which, except as otherwise provided in Section 2.11, bears interest at XXXXX. “XXXXX Xxxx” means a Loan denominated in Sterling which, except as otherwise provided in Section 2.11, bears interest at XXXXX. “Specified Transaction” means any transaction or series of related transactions resulting in (a) the acquisition or disposition of all or substantially all of the assets of a Person, or of any business or division of a Person, (b) the acquisition or disposition of in excess of 50% of the equity interests of any Person, or (c) a merger or consolidation, business combination or similar transactions with another Person (other than the Parent or any of its Subsidiaries).
XXXXX Advance means an amount of up to $50,000,000 to be applied in part-payment of the Contract Price for “TRANSATLANTIC” payable pursuant to the MOA for that Ship;
XXXXX Advance means an Advance that bears interest at a rate based on the Adjusted Daily Simple XXXXX.