Dollar Loans Clause Samples

The 'Dollar Loans' clause defines the terms under which loans are denominated and disbursed in U.S. dollars. It typically specifies that all principal, interest, and related payments must be made in U.S. currency, regardless of the borrower's or lender's location. This clause ensures consistency in currency, reducing the risk of exchange rate fluctuations and simplifying accounting and repayment processes for both parties.
Dollar Loans. The Borrower shall repay each Dollar Lender on the Maturity Date for the Revolving Credit Facility applicable to such Dollar Lender, the aggregate principal amount of Dollar Loans owed to such Dollar Lender outstanding on such date.
Dollar Loans. The Borrowers shall repay to the Administrative Agent for the ratable account of any Term B-45 Dollar Lender holding Term B-45 Dollar Loans the aggregate principal amount of all Term B-45 Dollar Loans outstanding in consecutive quarterly installments as follows (which installments shall, to the extent applicable, be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Sections 2.05 and 2.06, or be increased as a result of any increase in the amount of Term B-45 Dollar Loans pursuant to Section 2.14 (such increased amortization payments to be calculated in the same manner (and on the same basis) as the schedule set forth below for the Term B-45 Dollar Loans made as of the EleventhThirteenth Amendment Effective Date)). Each March 31, June 30, September 30 and December 31 ending prior to the Maturity Date, starting with JuneSeptember 30, 2023 An amount equal to 0.25% of the aggregate principal amount of the Term B-45 Dollar Loans as of the EleventhThirteenth Amendment Effective Date Term B-45 Dollar Loan Maturity Date All unpaid aggregate principal amounts of any outstanding Term B-45 Dollar Loans. provided, however, that the final principal repayment installment of the Term B-45 Dollar Loans shall be repaid on the Term B-45 Dollar Maturity Date and in any event shall be in an amount equal to the aggregate principal amount of all Term B-45 Dollar Loans outstanding on such date.
Dollar Loans. The Borrowers shall repay to the Administrative Agent (i) for the ratable account of theany Term B-1-4 Dollar LendersLender holding Term B-1-4 Dollar Loans the aggregate principal amount of all Term B-1-4 Dollar Loans outstanding and (ii) for the ratable account of the Term B-1 Euro Lenders holding Term B-1 Euro Loans the aggregate principal amount of all Term B-1 Euro Loans outstanding, in each case, in consecutive quarterly installments as follows (which installments shall, to the extent applicable, be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Sections 2.05 and 2.06, or be increased as a result of any increase in the amount of Term B-1-4 Dollar Loans or Term B-1 Euro Loans, as applicable, pursuant to Section 2.14 (such increased amortization payments to be calculated in the same manner (and on the same basis) as the schedule set forth below for the Term B-1-4 Dollar Loans or Term B-1 Euro Loans, as applicable, made as of the FourthEleventh Amendment Effective Date)):. Each March 31, June 30, September 30 and December 31 ending prior to the Maturity Date, starting with MarchJune 31, 201730, 2023 anAn amount equal to 0.25% of the aggregate principal amount of the Term B-1-4 Dollar Loans and Term B-1 Euro Loans as of the FourthEleventh Amendment Effective Date. Term B-4 Dollar Loan Maturity Date for the Term Facilities allAll unpaid aggregate principal amounts of any outstanding Term B-1-4 Dollar Loans or Term B-1 Euro Loans, as applicable. provided, however, that the final principal repayment installment of the Term B-1-4 Dollar Loans or Term B-1 Euro Loans, as applicable, shall be repaid on the Term B-4 Dollar Maturity Date for the Term B-1 Loans and in any event shall be in an amount equal to the aggregate principal amount of all Term B-1-4 Dollar Loans or Term B-1 Euro Loans, as applicable, outstanding on such date.
Dollar Loans. Any Dollar Loan shall bear interest at an annual rate equal to the Prime Rate in effect from time to time, plus the applicable margin determined in accordance with Schedule F. The applicable margin shall be increased by 4% in respect of any Dollar Loan outstanding during a Grace Period. The interest shall be payable monthly in arrears on the first Business Day after the end of each month.
Dollar Loans. Subject to the terms and conditions set forth herein and in the Eleventh Amendment, on the Eleventh Amendment Effective Date, each Term B-4 Dollar Lender with an Initiala Term B-4 Dollar Commitment severally agrees to make a single loan denominated in Dollars (the “Initial Term B Loans”) to the Borrowers (on a joint and several basis) on the Closing DateTerm B-4 Dollar Loan in ▇▇▇ principal amount notequal to exceed such Term B-4 Dollar Lender’s Initial Term B-4 Dollar Commitment. The Initial Term B Borrowing shall consist of Initial Term B Loans made simultaneously by the Term B Lenders in accordance with their respective Term Commitmentsthe terms and conditions of the Eleventh Amendment. Amounts borrowed under this Section 2.01(a) and subsequently repaid or prepaid may not be reborrowed (it being understood, however, that prepayments will be taken into account for purposes of any Prepayment-Based Incremental Facility to the extent provided by Section 2.14). Initial Term B-4 Dollar Loans may be Base Rate Loans or Eurocurrency RateTerm SOFR Loans as further provided herein.
Dollar Loans. Loans denominated in Dollars. Subject to certain limitations set forth herein, Dollar Loans may be either Prime Rate Loans or Dollar LIBOR Loans.
Dollar Loans. Each Notice of Interest Rate Election shall specify with respect to the outstanding Loans to which such notice applies:
Dollar Loans. 22 5.5 BA LOANS..................................................22 5.6 ADDITIONAL INTEREST ON FACILITY 2 LOANS AND ACCEPTANCES...22 5.7 CALCULATION OF RATES......................................23 5.8
Dollar Loans. Each Revolving U.S. Loan, each payment or prepayment of principal in respect of any Revolving U.S. Loan or reimbursement obligations arising from drawings under U.S. Letters of Credit or from Participation Interests in U.S. Swingline Loans, each payment of interest on the Revolving U.S. Loans or reimbursement obligations arising from drawings under U.S. Letters of Credit, each payment of the Unused Revolving U.S Commitment Fee, each payment of the Standby U.S. Letter of Credit Fee, each payment of the Trade U.S. Letter of Credit Fee, each reduction of the Revolving U.S. Committed Amount and each conversion or extension of any Revolving U.S. Loan, shall be allocated pro rata among the U.S. Lenders in accordance with the respective principal amounts of their outstanding Revolving U.S. Loans and Participation Interests in Revolving U.S. Loans, U.S. Letters of Credit and U.S. Swingline Loans. With respect to Competitive U.S. Loans, if Airgas fails to specify the particular Competitive U.S. Loan or Loans as to which any payment or other amount should be applied and it is not otherwise clear as to the particular Competitive U.S. Loan or Loans to which such payment or other amounts relate, or any such payment or other amount is to be applied to Competitive U.S. Loans without regard to any such direction by Airgas, then each payment or prepayment of principal on Competitive U.S. Loans and each payment of interest or other amount on or in respect of Competitive U.S. Loans, shall be allocated pro rata among the relevant U.S. Lenders in accordance with the then outstanding amounts of their respective Competitive U.S. Loans.
Dollar Loans. 138- unless the all-in yieldAll-In Yield with respect to each applicablethe Term Loan TrancheB-4 Dollar Loans is increased to the amount necessary so that the difference between the all-in yieldAll-In Yield with respect to such New Term Facility, and the corresponding all-in yieldAll-In Yield on such applicablethe Term Loan TrancheB-4 Dollar Loans is equal to 50 basis points; provided that this clause (iii) shall not apply to any New Term Facility that (1) is incurred after the date that is twelve (12) months after the Eleventh Amendment Effective Date, (2) is in an aggregate amount less than or equal to the greater of (A) $783,000,000 and (B) 100% of the EBITDA Grower Amount, (3) (A) has a final maturity on or after the date that is two years after the Latest Maturity Date of the then outstanding Term B-4 Dollar Loans or (B) has an initial maturity of one year or less and is Incurred as a bridge financing which, subject to customary conditions, provides for conversion or exchange into Indebtedness that otherwise is permitted to be Incurred under this Agreement or (4) is incurred in connection with a Permitted Acquisition or other Investment permitted under this Agreement.