Eurodollar Rate Advance definition

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

Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.08(a)(ii).

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

Examples of Eurodollar Rate Advance in a sentence

• Nothing contained herein shall require any Lender to fund any Eurodollar Rate Advance in the Designated Eurodollar Market.

• No Eurodollar Period for any Eurodollar Rate Advance shall extend beyond the Maturity Date.

• Upon the occurrence and during the continuance of any Default, (A) each Eurodollar Rate Advance will automatically, on the last day of the then existing Interest Period therefor, Convert into a Base Rate Advance and (B) the obligation of the Lenders to make, or to Convert Advances into, Eurodollar Rate Advances shall be suspended, unless in any such case the Required Lenders shall otherwise agree.

• Each Competitive Bid by a Lender must be in a form approved by the Agent and must be received by the Agent by telecopy, in the case of a Eurodollar Rate Advance, not later than 10:30 a.m., New York time, three Business Days before the proposed date of such Advance, and in the case of a Fixed Rate Advance, not later than 10:30 a.m., New York time, on the proposed date of such Advance.

• The interest rate on a Eurodollar Rate Advance is determined by reference to the London interbank offered rate (“LIBOR”).

More Definitions of Eurodollar Rate Advance

Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.06(a)(ii).

Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.06(b). "Eurodollar Rate Reserve Percentage" of any Lender for the Interest Period for any Eurodollar Rate Advance means the reserve percentage applicable during such Interest Period (or if more than one such percentage shall be so applicable, the daily average of such percentages for those days in such Interest Period during which any such percentage shall be so applicable) under regulations issued from time to time by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirement (including, without limitation, any emergency, supplemental or other marginal reserve requirement) for such Lender with respect to liabilities or assets consisting of or including Eurocurrency Liabilities having a term equal to such Interest Period.

Eurodollar Rate Advance means a Revolving Advance that bears interest at a rate based on the Eurodollar Rate (other than a Base Rate Advance bearing interest at a rate based on the Eurodollar Rate).

Eurodollar Rate Advance. An Advance with respect to which the interest rate is determined by reference to the Adjusted Eurodollar Rate.

Eurodollar Rate Advance means a Revolving Credit Advance that bears interest as provided in Section 2.06(a)(ii).

Eurodollar Rate Advance means an Advance which bears interest at the Eurodollar Rate.

Eurodollar Rate Advance means an Advance which bears interest as provided in Section 2.09(b).