Eurodollar Borrowing Clause Samples
Eurodollar Borrowing. Each Eurodollar Borrowing shall bear interest at the Eurodollar Rate for the Interest Period in effect for such Borrowing.
Eurodollar Borrowing. (i) Amount of Eurodollar Borrowing: _____________ (Minimum of $1,000,000, or to the nearest $100,000 increment in excess thereof). [_] Borrowing [_] Rollover/Conversion
(ii) Date of Borrowing or Rollover/Conversion of Existing Borrowing: ____________
(iii) Eurodollar Interest Period:___________________day/months (7, 14, or 21 days or one, two, three, or six months).
Eurodollar Borrowing. The Loans comprising each Eurodollar Borrowing shall bear interest at the Adjusted LIBO Rate for the Interest Period in effect for such Borrowing plus the Applicable Rate.
Eurodollar Borrowing. (a) Each request by Borrower for a Eurodollar Borrowing shall be made pursuant to a Request for Borrowing received by Administrative Agent, at Administrative Agent’s Lending Office, not later than 12:00 p.m. at least three (3) Business Days before the first (1st) day of the applicable Interest Period. Administrative Agent will notify each Lender of its receipt of a Request for Borrowing in accordance with Section 3.1(f).
(b) At or about 12:00 p.m. two (2) Business Days prior to the first (1st) day of the applicable Interest Period (for either an initial advance of a Eurodollar Borrowing or any requested continuation thereof), Administrative Agent shall determine the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and shall promptly give notice of the same to Borrower and Lenders by telephone or telecopier.
(c) With respect to each request by Borrower for a Eurodollar Borrowing, upon fulfillment of the applicable conditions set forth in Article 6, a Eurodollar Borrowing shall become effective on the first (1st) day of the applicable Interest Period.
(d) Administrative Agent in its sole discretion may require Borrower to request any Eurodollar Borrowing of $100,000,000 or more, any redesignation of a Reference Rate Borrowing of $100,000,000 or more as a Eurodollar Borrowing, or any continuation of any Eurodollar Borrowing of $100,000,000 or more at a time or on a day which is one (1) Business Day earlier than the deadline stated above (or for continuations, stated in clause (e) below, or for redesignations of Reference Rate Borrowings, stated in Section 3.4) for making such a request.
(e) If any Eurodollar Borrowing is not repaid on the last day of the applicable Interest Period, then Borrower may request that all or a portion of such Eurodollar Borrowing be continued as a Eurodollar Borrowing by notice to Administrative Agent, at Administrative Agent’s Lending Office, not later than 12:00 p.m. at least three (3) Business Days before the first (1st) day of the Interest Period requested for such continued Eurodollar Borrowing; provided that the Interest Period for such continued Eurodollar Borrowing shall end on or before the Maturity Date. If no such request for continuation is made, such Eurodollar Borrowing shall automatically be redesignated as a Reference Rate Borrowing on such date.
(f) Nothing contained herein shall require Lenders to fund any Eurodollar Borrowing in the London interbank eurodollar ...
Eurodollar Borrowing. (a) Each request by Borrower for a Eurodollar Borrowing shall be made pursuant to a Request for Borrowing received by Administrative Agent, at Administrative Agent’s Lending Office, not later than 12:00 p.m. at least three (3) Business Days before the first (1st) day of the applicable Interest Period. Administrative Agent will notify each Lender of its receipt of a Request for Borrowing in accordance with Section 3.1(f).
(b) At or about 12:00 p.m. two (2) Business Days prior to the first (1st) day of the applicable Interest Period, Administrative Agent shall determine the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and shall promptly give notice of the same to Borrower and Lenders by telephone or telecopier.
(c) Upon fulfillment of the applicable conditions set forth in Article 6, a Eurodollar Borrowing shall become effective on the first (1st) day of the applicable Interest Period.
(d) Administrative Agent in its sole discretion may require Borrower to request any Eurodollar Borrowing of $100,000,000 or more, or any redesignation of a Reference Rate Borrowing of $100,000,000 or more as a Eurodollar Borrowing, at a time or on a day which is one (1) Business Day earlier than the deadline stated above (or for redesignations of Reference Rate Borrowings, stated in Section 3.4) for making such a request.
(e) Nothing contained herein shall require Lenders to fund any Eurodollar Borrowing in the London interbank eurodollar market.
Eurodollar Borrowing. (i) Amount of Eurodollar Borrowing: $ (Minimum of $1,000,000.00, or a greater integral multiple of $500,000.00). New Advance Rollover/conversion of existing Advance
(ii) Date of Advance or rollover/conversion of existing Advance:
(iii) Interest Period: months (one, two, three, or six months).
Eurodollar Borrowing. (a) Each request by Borrower for a Eurodollar Borrowing shall be made pursuant to a Request for Borrowing received by Administrative Agent, at Administrative Agent's Lending Office, not later than 11:00 a.m. at least three (3) Business Days before the first (1/st/) day of the applicable Interest Period. Administrative Agent will notify each Lender of its receipt of a Request for Borrowing in accordance with Section 3.1(f).
(b) At or about 11:00 a.m. one (1) Business Day after the Business Day on which Administrative Agent receives Borrower's Request for Borrowing, Administrative Agent shall determine the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and shall promptly give notice of the same to Borrower and Lenders by telephone or telecopier.
(c) Upon fulfillment of the applicable conditions set forth in Article 6, a Eurodollar Borrowing shall become effective on the first (1/st/) day of the applicable Interest Period.
(d) Administrative Agent in its sole discretion may require Borrower to request any Eurodollar Borrowing of $100,000,000 or more, or any redesignation of a Reference Rate Borrowing of $100,000,000 or more as a Eurodollar Borrowing, at a time or on a day which is one (1) Business Day earlier than the deadline stated above (or for redesignations of Reference Rate Borrowings, stated in Section 3.4) for making such a request.
(e) Nothing contained herein shall require Lenders to fund any Eurodollar Borrowing in the London interbank eurodollar market.
