Eurocurrency Borrowing means a Loan that bears interest at a rate based on the Adjusted Eurocurrency Rate.
Eurocurrency Borrowing means a Borrowing comprised of Eurocurrency Loans. “Eurocurrency Loan” shall mean any Eurocurrency Term Loan or Eurocurrency Revolving Loan.
Examples of Eurocurrency Borrowing in a sentence
If no Interest Period with respect to any Eurocurrency Borrowing or Term SOFR Borrowing is specified in any such notice, then the applicable Borrower shall be deemed to have selected an Interest Period of one month’s duration.
If no election as to the Type of Borrowing is specified in any such notice, then the requested Borrowing shall be in the case of Borrowing denominated in Dollars, an ABR Borrowing, and, in the case of a Borrowing denominated in a Designated Foreign Currency, a Eurocurrency Borrowing.
More Definitions of Eurocurrency Borrowing
Eurocurrency Borrowing means a Borrowing of Eurocurrency Loans made pursuant to a Borrowing Request as provided in Section 2.3(a) or continued as Eurocurrency Loans or converted to Eurocurrency Loans from Base Rate Loans pursuant to Section 2.3(b).
Eurocurrency Borrowing is defined in Section 1.03.
Eurocurrency Borrowing means a Borrowing comprised of Eurocurrency
Eurocurrency Borrowing a Revolving Credit Borrowing comprised of Eurocurrency Loans made pursuant to Section 2.2, or continued as, or converted to, Eurocurrency Loans pursuant to Section 2.6.
Eurocurrency Borrowing a Borrowing with respect to which the rate of interest is determined by reference to the Adjusted LIBO Rate.
Eurocurrency Borrowing the collective reference to Eurocurrency Loans, in any Currency, the then-current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).