Browse
Resources
API
About
Pricing
Contracts
Clauses
Dictionary
Resources
API
About
Pricing
Private
Sign In
Sign Up
Eurocurrency Loans
Sample Clauses
Open Split View
Download
Share
Cite
Eurocurrency Loans
.
The Loans
constituting each
Eurocurrency Borrowing
shall
bear
interest at a
rate per annum
equal to
the
Adjusted LIBO Rate
for the
related Interest Period
for such Borrowing
plus
the
Applicable Margin
.
Sample 1
Sample 2
Sample 3
See All (221)
Save
Copy
Remove Advertising
Eurocurrency Loans
. Each Eurocurrency
Loan made
or maintained by
a Bank
shall
bear
interest during each Interest Period it is
outstanding
(
computed
on the
basis of
a year
of 360 days and
actual days
elapsed) on the
unpaid principal amount
thereof from
the date
such Loan is
advanced
,
continued
, or
created
by
conversion
from a
Base Rate Loan
until maturity (whether by
acceleration
or otherwise) at a
rate per annum
equal to
the
sum of
the
Applicable Margin
plus
the
Adjusted LIBOR
applicable for
such Interest Period,
payable
on the last
day of
the Interest Period
and
at maturity
(whether by acceleration or otherwise), and, if the
applicable Interest Period
is longer than three months, on each day occurring every three months after the
commencement of
such Interest Period. All payments of principal and
interest on
a Loan
(whether a Base Rate
Loan or
Eurocurrency Loan) shall be made in
U.S
.
Dollars
.
Sample 1
Sample 2
Sample 3
See All (63)
Save
Copy
Eurocurrency Loans
. The Borrower
agrees
to
pay interest
in respect of
the
unpaid principal amount
of each
Eurocurrency Loan
at a
rate per annum
equal to
the relevant
Eurocurrency Rate
plus
the
Applicable Eurocurrency Margin
, from
the date
the
proceeds
thereof are made available
to the Borrower
(or, if such Eurocurrency Loan was
converted
from a
Base Rate Loan
, the
date of
such conversion) until the earlier of (i) the
maturity
(whether by
acceleration
or otherwise) of such Eurocurrency
Loan and
(ii) the
conversion of
such Eurocurrency Loan to a Base Rate Loan pursuant to
Section 2.6
.
Sample 1
Sample 2
Sample 3
See All (47)
Save
Copy
Eurocurrency Loans
.
At any time
that any
Eurocurrency Loan
is
affected by
the
circumstances
described in Section 3.6(a)(ii) or (
iii
), the Borrower may (and,
in the case of
a Eurocurrency Loan affected by the circumstances described in Section 3.6(a)(iii), shall) either (i) if the affected Eurocurrency Loan has not yet been made or
the conversion
to such Eurocurrency Loan has not yet been
accomplished
, by
giving
the Administrative Agent
telephonic notice
(
confirmed in writing
) on the
same date
that the Borrower
was notified by the affected Lender or the Administrative Agent
pursuant to Section
3.6(a)(ii) or (iii),
cancel
the
respective
Borrowing
, or (ii) if the affected Eurocurrency Loan is
then outstanding
, upon at least three
Business Days
’ written
notice to Administrative Agent
,
require the
affected Lender
to convert
such Eurocurrency Loan into a
Base Rate Loan
,
provided
, that if more than
one Lender
is affected at any time, then all
affected Lenders
must be
treated
the same pursuant to this Section 3.6(b).
Sample 1
Sample 2
Sample 3
See All (44)
Save
Copy
Eurocurrency Loans
.
The Loans
comprising each Eurocurrency Borrowing shall
bear
interest at a
rate per annum
equal to
(i)
in the case of
a
Syndicated Eurocurrency Borrowing
, 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 for such Borrowing plus (or
minus
, as applicable) the
Margin
applicable to
such Borrowing.
Sample 1
Sample 2
Sample 3
See All (33)
Save
Copy
Eurocurrency Loans
. Each Eurocurrency
Loan shall
bear
interest (
computed
on the
basis of
a 360-day
year
and
actual days
elapsed,
excluding
the
date of repayment
) on the
unpaid principal amount
thereof from the date such Loan is made until maturity (whether by
acceleration
or otherwise) or until conversion to a Base Rate Loan, at a
rate per annum
equal to
the
lesser of
(i) the
Highest Lawful Rate
, or (ii) the
sum of
(x)
Adjusted LIBOR
,
plus
(y) the
Applicable Margin
for Eurocurrency Loans.
The Borrower
agrees
to pay
such interest
on each Interest Payment Date
for such Eurocurrency
Loans and
at maturity
(whether by acceleration or otherwise) or conversion to
Base Rate Loans
.
Sample 1
Sample 2
Sample 3
See All (21)
Save
Copy
Eurocurrency Loans
. While such Loan is a
Eurocurrency Loan
, a
rate per annum
for each
Interest Period
for such Loan
equal to
the
Eurocurrency Rate
for such Interest Period
plus
the
Applicable Margin
as
in effect
from time to time
, interest under
this clause
(ii) to be
payable
on the last
day of
such Interest Period and, if such Interest Period has a
duration of
more than three months, on
the date
three months after the
first day
of such Interest Period, and on each date on which such Eurocurrency
Loan shall
be
Continued
or
Converted
and on the
date of
each
payment of principal
thereof.
Sample 1
Sample 2
Sample 3
See All (16)
Save
Copy
Remove Advertising
Eurocurrency Loans
. Subject to
the provisions of Section
2.06(d),
the Loans
comprising each
Eurocurrency Borrowing
shall
bear
interest at a
rate per annum
equal to
the Adjusted LIBOR Rate
for
the Interest Period
in effect
for such Borrowing
plus
the
Applicable Margin
in effect
from time to time
.
Sample 1
Sample 2
Sample 3
See All (15)
Save
Copy
Eurocurrency Loans
. During such
periods
as U.S. Revolving
Loans shall
be comprised in whole or in part of Eurocurrency Loans, such Eurocurrency Loans shall
bear
interest at a
per annum
rate
equal to
the
Eurocurrency Rate
plus
the
Applicable Rate
.
Airgas
promises to pay
interest on U.S
. Revolving Loans
in arrears
on each applicable
Interest Payment Date
(or at such
other times
as may be specified herein).
Sample 1
Sample 2
Sample 3
See All (14)
Save
Copy
Eurocurrency Loans
.
The Loans
made to a Borrower constituting each
Eurocurrency Borrowing
made to such
Borrower shall
bear
interest at a
rate per annum
equal to
the
Adjusted LIBO Rate
for the
related Interest Period
for such Borrowing
plus
the
Applicable Margin
with respect to
such Borrower.
Sample 1
Sample 2
Sample 3
See All (9)
Save
Copy