Eurocurrency Rate Committed Loan definition

Eurocurrency Rate Committed Loan means a Committed Loan that bears interest at a rate based on the Eurocurrency Rate. Eurocurrency Rate Committed Loans that are Revolving Credit Loans may be denominated in Dollars or in an Alternative Currency. Eurocurrency Rate Committed Loans that are Term Loans may be denominated only in Dollars.

Eurocurrency Rate Committed Loan means a Committed Loan that bears interest at a rate based on the Eurocurrency Rate. Eurocurrency Rate Committed Loans may be denominated in Dollars or in an Alternative Currency. All Committed Loans denominated in an Alternative Currency must be Eurocurrency Rate Committed Loans.

Eurocurrency Rate Committed Loan means a Committed Loan that bears interest at a rate based on the Eurocurrency Rate. Eurocurrency Rate Committed Loans that are Revolving Credit Loans may be denominated in Dollars or in an Alternative Currency.

Examples of Eurocurrency Rate Committed Loan in a sentence

• Any prepayment of a Eurocurrency Rate Committed Loan will be accompanied by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to Section 3.05.

• Until each Alternative Currency Lender funds its Eurocurrency Rate Committed Loan or risk participation pursuant to this Section 2.05(c) to fund such Lender’s Applicable Alternative Currency Percentage of any Canadian Dollar Swing Line Loan, interest in respect of such Applicable Alternative Currency Percentage shall be solely for the account of the Canadian Dollar Swing Line Lender.

• If the Company fails to specify a Type of Loan in a Committed Loan Notice or fails to give a timely notice requesting a conversion or continuation, then the applicable Term Loans or Revolving Credit Loans shall be made as, or converted to, a Eurocurrency Rate Committed Loan with an Interest Period of one month (subject to the definition of Interest Period).

• Any prepayment of a Eurocurrency Rate Committed Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to Section 3.05.

• If the Company fails to give timely notice requesting a conversion or continuation of a Eurocurrency Rate Committed Loan, such Eurocurrency Rate Committed Loan will be continued with an Interest Period of one month and in its original currency.

More Definitions of Eurocurrency Rate Committed Loan

Eurocurrency Rate Committed Loan means any Committed Loan that bears interest at a rate based upon the Eurocurrency Rate. For the avoidance of doubt, a CDOR Rate Loan and a TIBOR Rate Loan is each a Eurocurrency Rate Committed Loan, but a Daily Floating Rate Loan is not a Eurocurrency Rate Committed Loan.

Eurocurrency Rate Committed Loan means a Eurocurrency Rate Loan other than a Eurocurrency Margin Bid Loan. “Eurocurrency Rate Loan” means a Revolving Credit Loan, a Delayed Draw Term Loan or a Term Loan that bears interest

Eurocurrency Rate Committed Loan means a Committed Loan that bears interest at a rate based on the Eurocurrency Rate. Eurocurrency Rate Loans may be denominated in Dollars or in an Alternative Currency. All Committed Loans denominated in an Alternative Currency must be Eurocurrency Rate Loans. "EUROCURRENCY RATE LOAN" means a Eurocurrency Rate Committed Loan or a Eurocurrency Margin Bid Loan. "EVENT OF DEFAULT" has the meaning specified in SECTION 8.01. "EXISTING CREDIT FACILITY" means the collective reference to (i) that certain Credit Agreement, dated as of June 28, 2001, among the Company, as borrower, certain lenders from time to time party thereto, as lenders, and Bank of America, as administrative agent, and (ii) that certain Credit Agreement, dated as of July 23, 2003, among the Company and certain of its subsidiaries, as borrowers, certain lenders from time to time party thereto, as lenders, and Bank of America, as administrative agent. "EXISTING MATURITY DATE" has the meaning specified in SECTION 2.15(A). "EXTENDING LENDER" has the meaning specified in SECTION 2.15(B). "EXTENSION DATE" means the first anniversary of the Closing Date. "FEDERAL FUNDS RATE" means, for any day, the rate per annum equal to the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers on such day, as published by the Federal Reserve Bank of New York on the Business Day next succeeding such day; PROVIDED that (a) if such day is not a Business Day, the Federal Funds Rate for such day shall be such rate on such transactions on the next preceding Business Day as so published on the next succeeding Business Day, and (b) if no such rate is so published on such next succeeding Business Day, the Federal Funds Rate for such day shall be the average rate (rounded upward, if necessary, to a whole multiple of 1/100 of 1%) charged to Bank of America on such day on such transactions as determined by the Administrative Agent. "FEE LETTER" means the letter agreement, dated March 15, 2006, among the Company, the Administrative Agent and the Arranger. "FOREIGN LENDER" has the meaning specified in SECTION 11.15(A)(I). "FOREIGN OBLIGOR" has the meaning specified in SECTION 5.15. "FOREIGN SUBSIDIARY" means any Subsidiary that is organized under the laws of a jurisdiction other than the United States or a state thereof. "FRB" means the Board of Governors of the Federal Reserve System of the United States.

Eurocurrency Rate Committed Loan. (i) Sections 2.3, 3.3 and 4.3 (Borrowings, Conversions and Continuations of Committed Loans), Sections 2.6.1, 3.6.1 and 4.5.1 (Prepayments); (ii) Section 6.4.1(a) (Interest); and (iii) the last paragraph of Section 8.2 (Conditions to all Credit Extensions).

Eurocurrency Rate Committed Loan means a Eurocurrency Rate Loan other than a Eurocurrency Margin Bid Loan. “Eurocurrency Rate Loan” means a Revolving Credit Loan, a Delayed Draw Term Loan or a Term Loan that bears interest ata rate based on clause (a) of the definition of “Eurocurrency Rate.” Eurocurrency Rate Loans may be denominated in Dollars or in anAlternative Currency. All Loans denominated in an Alternative Currency must be Eurocurrency Rate Loans. “Event of Default” has the meaning specified in Section 8.01.

Eurocurrency Rate Committed Loan means a Committed Loan that bears interest at a rate based onclause (a) of the definition of “Eurocurrency Rate.” “Eurocurrency Rate Loan” means a Eurocurrency Rate Committed Loan or a Eurocurrency Margin Bid Loan.

Eurocurrency Rate Committed Loan means any Committed Loan that bears interest at a rate based upon the Eurocurrency Rate. “U.S. Absolute Rate Loan” means a U.S. Bid Loan that bears interest at a rate determined with reference to an Absolute Rate.