Euro-Dollar Borrowing definition

Euro-Dollar Borrowing has the meaning set forth in Section 1.3.

Euro-Dollar Borrowing means a Borrowing comprised of Euro-Dollar Loans.

Euro-Dollar Borrowing is a Borrowing comprised of Euro-Dollar Loans) or by reference to the provisions of Article 2 under which participation therein is determined (i.e., a “Committed Borrowing” is a Borrowing under Section 2.01 in which all Banks participate in proportion to their Commitments, while a “Competitive Bid Borrowing” is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewith).

Examples of Euro-Dollar Borrowing in a sentence

• Borrowings are classified for purposes of this Agreement by reference to the pricing of Loans comprising such Borrowing (e.g., a "Euro-Dollar Borrowing" is a Borrowing comprised of Euro-Dollar Loans).

• Not later than (a) 1:00 P.M. (Charlotte, North Carolina time) on the date of each Base Rate Borrowing and (b) 12:00 Noon (Charlotte, North Carolina time) on the date of each Euro-Dollar Borrowing, each Lender participating therein shall make available its share of such Borrowing, in Federal or other funds immediately available in Charlotte, North Carolina, to the Administrative Agent at its address referred to in Section 9.01.

• Unless the Administrative Agent determines that any applicable condition specified in Article IV has not been satisfied, the Administrative Agent shall apply any funds so received in respect of a Borrowing available to the Borrower at the Administrative Agent’s address not later than (a) 3:00 P.M. (Charlotte, North Carolina time) on the date of each Base Rate Borrowing and (b) 2:00 P.M. (Charlotte, North Carolina time) on the date of each Euro-Dollar Borrowing.

• Each Borrowing initially shall be of the Type specified in the applicable Notice of Borrowing and, in the case of a Euro-Dollar Borrowing, shall have an initial Interest Period as specified in such Notice of Borrowing.

• Not later than (a) 1:00 P.M. (Charlotte, North Carolina time) on the date of each Base Rate Borrowing and (b) 12:00 Noon (Charlotte, North Carolina time) on the date of each Euro-Dollar Borrowing, each Lender shall make available its ratable share of such Borrowing, in Federal or other funds immediately available in Charlotte, North Carolina, to the Administrative Agent at its address referred to in Section 9.01.

More Definitions of Euro-Dollar Borrowing

Euro-Dollar Borrowing has the meaning set forth in the definition of “Borrowing” herein.

Euro-Dollar Borrowing means a borrowing pursuant to Section 2.01 of Euro-Dollar Loans having the same initial Interest Period.

Euro-Dollar Borrowing means a Borrowing if such Advances are Euro-Dollar Advances.

Euro-Dollar Borrowing is a Borrowing comprised of Euro-Dollar Loans; and an “Alternate Currency Borrowing” is a Borrowing comprised of Euro-Dollar Loans denominated in an Alternate Currency) or by reference to the provisions of Article 2 under which participation therein is determined (i.e., a “Committed Borrowing” is a Borrowing under Section 2.1 in which all Banks participate in proportion to their Commitments, while a “Money Market Borrowing” is a Borrowing under Section 2.4 in which a Bank’s share is determined on the basis of its bid in accordance therewith, and a “Swingline Borrowing” is a Borrowing under Section 2.3 in which only the Swingline Lender participates (subject to the provisions of said Section 2.3)).

Euro-Dollar Borrowing is a Borrowing comprised of Euro-Dollar Loans and a "Base Rate Borrowing" is a Borrowing comprised of Base Rate Loans).

Euro-Dollar Borrowing means a borrowing if the advances under such borrowing bear or are to bear interest calculated by reference to the Adjusted London Interbank Offered Rate.

Euro-Dollar Borrowing means a Borrowing if the Loans under such borrowing bear or are to bear interest at a rate based upon the London Interbank Offered Rate.