Alternate Currency Borrowing definition

Alternate Currency Borrowing means any borrowing consisting of a Loan made in an Alternate Currency.
Alternate Currency Borrowing means any borrowing consisting of a Loan made to an Alternate Currency Borrower in an Alternate Currency.
Alternate Currency Borrowing has the meaning set forth in Section 1.4.

Examples of Alternate Currency Borrowing in a sentence

  • The Borrower hereby authorizes the Lenders and the Agent to extend, convert or continue U.S. Dollar Advances (it being understood and agreed that Alternate Currency Borrowing Requests must be in writing or by facsimile) and to transfer funds based on telephonic notices made by any person or persons the Agent or any Lender in good faith believes to be acting on behalf of the Borrower.

  • The Borrower shall give the Agent and the Alternate Currency Lender notice pursuant to a Notice of Alternate Currency Borrowing or telephonic notice of each borrowing of Alternate Currency Loans.

  • Any such notice given telephonically shall include all information to be specified in a written Notice of Alternate Currency Borrowing and shall be promptly confirmed in writing by the Borrower pursuant to a Notice of Alternate Currency Borrowing sent to the Agent by telecopy on the same day of the giving of such telephonic notice.

  • Promptly after receipt thereof, the Agent will notify each Lender of the contents of each Aggregate Commitment reduction notice, Borrowing Notice, Alternate Currency Borrowing Request, Eurodollar Conversion Notice and repayment notice received by it hereunder.

  • For purposes of Section 6.2, the obligations of the Alternate Currency Lender to make an Alternate Currency Loan, is subject to the further condition precedent that the Agent shall have received a timely Notice of Alternate Currency Borrowing.

  • Please respond to this invitation by no later than [2:00 P.M. (for any Money Market Alternate Currency Borrowing)] [2:00 P.M. (for any Money Market Domestic Margin Auction Borrowing)] [9:15 A.M. (for any Money Market Domestic Absolute Rate Auction)] (New York City time) on [DATE].3 CITIBANK, N.A., as Administrative Agent By: Authorized Officer 1 Must specify an Agreement Currency.

  • Thereafter, the applicable Borrower may elect to convert such Borrowing to a different Type or to continue such Borrowing and, in the case of a Eurocurrency Revolving Borrowing, may elect Interest Periods therefor, all as provided in this Section and on terms consistent with the other provisions of this Agreement and, in the case of any Revolving Alternate Currency Borrowing, the applicable Alternate Currency Supplement.

  • Each Notice of Alternate Currency Borrowing shall be delivered to the Agent no later than 10:00 a.m. on the date four Business Days prior to the proposed date of such borrowing.

  • However, the individual is part of a community where physical activity is generally declining and convenience foods tend to have high calorie content.

  • The Borrower may ---------------------------------- request in accordance with Section 2.03 an Alternate Currency Borrowing in Specified Currencies plus any other currencies (i) deposits for which are regularly offered on the London interbank Eurocurrency market and (ii) which are acceptable to the Administrative Agent.


More Definitions of Alternate Currency Borrowing

Alternate Currency Borrowing means each Borrowing made and repayable in ---------------------------- an Alternate Currency.
Alternate Currency Borrowing means a borrowing by the Company made under Section 2.06 or continued under Section 2.08 consisting of simultaneous Loans from the Alternate Currency Lenders under each such Lender’s Alternate Currency Commitment.

Related to Alternate Currency Borrowing

  • Eurocurrency Borrowing means a Borrowing comprised of Eurocurrency Loans.

  • Euro-Dollar Borrowing has the meaning set forth in Section 1.3.

  • Alternate Currency Loan means any Loan denominated in an Alternate Currency.

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank with respect thereto and all respective Lenders of such Facility with respect thereto in their sole discretion and (ii) with respect to any Loan, any currency other than Dollars that is approved in accordance with Section 1.05.

  • Eurodollar Revolving Borrowing means a Borrowing comprised of Eurodollar Revolving Loans.

  • Revolving Borrowing means a borrowing consisting of simultaneous Revolving Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Revolving Lenders pursuant to Section 2.01(b).

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • Alternative Currency Loan means an Alternative Currency Daily Rate Loan or an Alternative Currency Term Rate Loan, as applicable.

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans of the same Class.

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.

  • Alternative Currency Daily Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Daily Rate.” All Alternative Currency Daily Rate Loans must be denominated in an Alternative Currency.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Alternative Currency Term Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Term Rate.” All Alternative Currency Term Rate Loans must be denominated in an Alternative Currency.

  • Alternative Currency means each of Euro, Sterling, Yen and each other currency (other than Dollars) that is approved in accordance with Section 1.06.

  • LIBO Borrowing means a Borrowing comprised of LIBO Loans.

  • Notice of Revolving Borrowing shall have the meaning as set forth in Section 2.3.

  • Committed Borrowing means a borrowing consisting of simultaneous Committed Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.

  • Mandatory Borrowing shall have the meaning provided in Section 2.1(d).

  • Eurodollar Borrowing means a Borrowing comprised of Eurodollar Loans.

  • Eurodollar Rate Borrowing means a Borrowing comprised of Eurodollar Rate Loans.

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.