Optional Currency Loans Sample Clauses

Optional Currency Loans. (a) On the terms and subject to the conditions contained in this Agreement, each Optional Currency Lender severally agrees to make loans denominated in Optional Currencies (each an "Optional Currency Loan") otherwise available to the Borrower under the Revolving Credit Facility from time to time on any Business Day during the period from the date hereof until the Revolving Credit Termination Date; provided, however, that at no time shall such Optional Currency Lender be obligated to make an Optional Currency Loan to the extent that, after giving effect to such Optional Currency Loan, (i) the aggregate Revolving Credit Outstandings would exceed the then effective aggregate Revolving Credit Commitments and (ii) the Dollar Equivalent of such Optional Currency Loan would exceed such Optional Currency Lender's Ratable Portion of the Optional Currency Available Credit in such Optional Currency. Within the limits of the Optional Currency Commitment of each Optional Currency Lender, amounts of Optional Currency Loans repaid may be reborrowed under this Section 2.4 (Optional Currency Loans).
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Optional Currency Loans. In the case of any Revolver Loan or Letter of Credit denominated or to be denominated in an Optional Currency, there shall not have occurred any change in national or international financial, political or economic conditions or currency exchange rates or exchange controls which in the reasonable opinion of the Administrative Agent, the Required Lenders or the applicable Issuing Lender (in the case of any Letter of Credit denominated in an Optional Currency) would make it impracticable for such Loan or Letter of Credit to be or remain denominated in the relevant Optional Currency. Each request by the Borrowers for an Extension of Credit hereunder shall constitute a representation and warranty by the Borrowers as of the date of such Extension of Credit that the conditions contained in this Section 4.2 have been satisfied.
Optional Currency Loans. 14 SECTION 3. PAYMENTS.................................................... 14 3.1 Payments on Non-Business Days............................... 14 3.2
Optional Currency Loans. Special Facility Loans may, in a Bank's ------------------------ sole discretion, be made available in U.S. dollars or such Optional Currencies as may be agreed upon by the Company and such Bank. The principal of and interest on each Special Facility Loan made in an Optional Currency shall be paid only in such Optional Currency.
Optional Currency Loans. In the case of an Extension of Credit to be denominated in an Optional Currency, such currency remains an Eligible Currency. Each request by the Borrowers for an Extension of Credit hereunder shall constitute a representation and warranty by the Borrowers as of the date of such Extension of Credit that the conditions contained in this Section 4.02 have been satisfied.

Related to Optional Currency Loans

  • Optional Currencies 25 8. Repayment....................................................... 29 9.

  • 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.

  • Fixed Rate Loans Each Mortgage Loan bears interest at a rate that remains fixed throughout the remaining term of such Mortgage Loan, except in the case of an ARD Loan after its Anticipated Repayment Date and except for the imposition of a default rate.

  • Base Rate Loans During such periods as Revolving Loans shall be comprised in whole or in part of Base Rate Loans, such Base Rate Loans shall bear interest at a per annum rate equal to the Adjusted Base Rate.

  • Eurodollar Loans 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 Margin, but in no event to exceed the Highest Lawful Rate.

  • ABR Loans The Loans comprising each ABR Borrowing shall bear interest at the Alternate Base Rate plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.

  • Prime Rate Loans During such periods as the Term Loan shall be comprised of Prime Rate Loans, each such Prime Rate Loan shall bear interest at a per annum rate equal to the Prime Rate; and

  • LIBOR Rate Loans During such periods as Revolving Loans shall be comprised of LIBOR Rate Loans, each such LIBOR Rate Loan shall bear interest at a per annum rate equal to the sum of the LIBOR Rate plus the Applicable Percentage. Interest on Revolving Loans shall be payable in arrears on each Interest Payment Date.

  • LIBOR Advances The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a) hereunder. Subject to Sections 3.6 and 3.7, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance.

  • Eurocurrency Rate Advances During such periods as such Advance is a Eurocurrency Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the sum of (x) the Eurocurrency Rate for such Interest Period for such Advance plus (y) the Applicable Margin in effect from time to time, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Eurocurrency Rate Advance shall be Converted or paid in full.

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