Examples of Agreed Currency in a sentence
In the case of an Extension of Credit to be denominated in a ForeignDesignated Currency, such currency remains an Agreed Currency.
Except for purposes of financial statements delivered by the Borrowers hereunder or calculating financial covenants hereunder or except as otherwise provided herein, the applicable amount of any Agreed Currency (other than Dollars) for purposes of the Loan Documents shall be such U.S. Dollar Amount as so determined by the Administrative Agent or the Issuing Bank, as applicable.
Each Multicurrency Tranche Revolving Loan ever be a Eurocurrency Revolving Loan denominated in an Agreed Currency.
Overdue interest with respect to a LIBOR Advance, Daily Simple XXXXX Advance and EURIBOR Advance shall, upon the expiry of the LIBOR Period, XXXXX Period or EURIBOR Period applicable to such LIBOR Advance, Daily Simple XXXXX Advance or EURIBOR Advance, bear interest, payable on demand, calculated at the rates applicable to Base Rate Advances if such Advance is in US Dollars and at the rates applicable to Advances at the Overnight Rate if such Advance is in an Agreed Currency other than US Dollars.
Each Borrowing initially shall be of the Type and Agreed Currency specified in the applicable Borrowing Request and, in the case of a Term Benchmark Borrowing, shall have an initial Interest Period as specified in such Borrowing Request.