Eurocurrency Borrowings. The Loans comprising each Eurocurrency Borrowing shall bear interest at the Adjusted LIBO Rate for the Interest Period in effect for such Borrowing plus the Applicable Rate for Eurocurrency Borrowings.
Eurocurrency Borrowings. If any Law makes it unlawful for any Lender to make or maintain Eurocurrency Borrowings, then that Lender shall promptly notify Borrower and Administrative Agent, and (i) as to undisbursed funds, that requested Borrowing shall be made at a rate of interest for the applicable Interest Period as is agreed-upon by Administrative Agent, Lenders and Borrower prior to the making of such Borrowing, and (ii) as to any outstanding Borrowing (a) if maintaining the Borrowing until the last day of the applicable Interest Period is unlawful, the Borrowing shall be converted to a Borrowing at a rate of interest for the applicable Interest Period as is agreed-upon by Administrative Agent, Lenders and Borrower or (b) if Administrative Agent, Lenders and Borrower are unable to agree on a new rate of interest for that Borrowing, Borrower shall promptly prepay the Borrowing, without penalty but with related Funding Loss.
Eurocurrency Borrowings. Subject to the limits stated in Section 2.1 and elsewhere herein and provided that Borrower may not convert to or select a new Interest Period for a Eurocurrency Borrowing at any time when an Event of Default exists, Borrower may elect a new Interest Period for a Eurocurrency Borrowing. That election may be made by delivering a Conversion Notice to the Eurocurrency Lending Installation no later than 10:00 a.m. (London time) on the fourth Business Day before the last day of the Interest Period , and Administrative Agent will promptly notify each Lender of any such election. If the Conversion Notice delivered pursuant to the immediately-preceding sentence is delivered by facsimile, Borrower shall promptly deliver the originally-executed Conversion Notice to the Eurocurrency Lending Installation. Absent Borrower's request for election of a new Interest Period or if an Event of Default exists, then a Eurocurrency Borrowing shall be continued for successive one-month Interest Periods (at the option of Administrative Agent), each beginning on the date following the last day of the immediately-preceding Interest Period. For the avoidance of doubt, no portion of any Eurocurrency Borrowing may be converted to a Base Rate Borrowing or a LIBOR Rate Borrowing (but, subject to compliance with the other terms and conditions of this Agreement, a Domestic Borrowing may be made to pay any Eurocurrency Borrowing).
Eurocurrency Borrowings. The Loans comprising each Eurocurrency Borrowing shall bear interest at a rate per annum equal to (i) in the case of a Syndicated Eurocurrency Loan or a Swingline Eurocurrency Loan, the Adjusted LIBO Rate for the Interest Period for such Borrowing plus the Applicable Rate, or (ii) in the case of a Competitive Eurocurrency Borrowing, the LIBO Rate for the Interest Period in effect for such Borrowing plus (or minus, as applicable) the Margin applicable to such Loan.
Eurocurrency Borrowings. Prior to the date which is 120 days after the Effective Date, the Loans comprising each Eurocurrency Borrowing shall bear interest at the Adjusted LIBO Rate for the Interest Period in effect for such Borrowing plus the Applicable Rate. On and after the date which is 120 days after the Effective Date all Loans shall bear interest at a fixed rate per annum equal to the greatest of (a) the bid-side yield on the Borrower's 7 3/4% Senior Notes due 2013, as determined by the Administrative Agent, (b) the Adjusted LIBO Rate plus 6.000% and (c) the Alternate Base Rate plus 5.000%, each as measured on the date that is 119 days after the Effective Date.
Eurocurrency Borrowings. Subject to the dollar limits of Section 2.2(b) and provided that Borrower may not convert to or select a new Interest Period for a Eurocurrency Borrowing at any time when an Event of Default exists, Borrower may elect a new Interest Period for a Eurocurrency Borrowing. That election may be made by delivering a Conversion Notice to the Eurocurrency Lending Installation no later than 10:00 a.m. (London time) on the fourth Business Day before the last day of the Interest Period. If the Conversion Notice delivered pursuant to the immediately-preceding sentence is delivered by facsimile, Borrower shall promptly deliver the originally-executed Conversion Notice to the Eurocurrency Lending Installation. Absent AMENDED AND RESTATED CREDIT AGREEMENT AMERICAN NATIONAL BANK Page 34 ULTRAK OPERATING, L.P. Borrower's request for election of a new Interest Period or if an Event of Default exists, then a Eurocurrency Borrowing shall be continued for successive one-month Interest Periods (at the option of Administrative Agent), each beginning on the date following the last day of the immediately-preceding Interest Period. For the avoidance of doubt, no portion of any Eurocurrency Borrowing may be converted to a Base Rate Borrowing or a LIBOR Rate Borrowing (but, subject to compliance with the other terms and conditions of this Agreement, a Domestic Borrowing may be made to pay any Eurocurrency Borrowing).
Eurocurrency Borrowings. (1) Subject to the terms and conditions set forth herein, the Lenders severally agree to make Eurocurrency Loans, from time to time, to the Borrower as provided in Section 1.2(d)(2), on the applicable Banking Day requested by the Borrower in accordance with the terms hereof, in an aggregate principal amount that when added to the principal outstanding of all other outstanding Revolving Credit Loans made by such Lender, not to exceed at any time outstanding such Lender’s Commitment; provided however, that after giving effect to any Eurocurrency Loan, the total principal amount outstanding of all Eurocurrency Loans shall not exceed the Eurocurrency Loan Limit.
Eurocurrency Borrowings
