Alternate Currency Revolving Loan definition

Alternate Currency Revolving Loan means each Revolving Loan denominated in an Alternate Currency.
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Alternate Currency Revolving Loan shall have the meaning provided in Section 1.01(a).
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Alternate Currency Revolving Loan. Sub-Commitment Excess”), the Corporation may, to the extent of such Total Non-Alternate Currency Revolving Loan Sub-Commitment Excess, make prepayments of principal of Dollar Revolving Loans to the Lenders which have, or have Affiliates that have, Alternate Currency Revolving Loan Sub-Commitments on the basis of their Alternate Currency RL Percentages as same relate to a given Alternate Currency Revolving Loan Sub-Tranche (with the respective Borrower to designate the Borrowing or Borrowings, or portions thereof, being prepaid), with the intent of creating availability for subsequent Alternate Currency Revolving Loans under the respective Alternate Currency Revolving Loan Sub-Tranche and (y) at the respective Borrower’s election in connection with any prepayment pursuant to this Section 4.01, any prepayment in respect of Revolving Loans shall not be applied to any Revolving Loan of a Defaulting Lender; and
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Examples of Alternate Currency Revolving Loan in a sentence

  • For purposes of this Agreement, the Dollar Equivalent of each Loan that is an Alternate Currency Revolving Loan shall be calculated on the date when any such Loan is made, on the first Business Day of each month and at such other times as designated by the Administrative Agent.

  • Each Letter of Credit shall constitute either (x) a Domestic Dollar Letter of Credit, in which case such Letter of Credit shall be denominated in Dollars and shall be issued for the account of a Domestic Dollar Revolving Loan Borrower or (y) an Alternate Currency Letter of Credit, in which case such Letter of Credit shall be denominated in an Alternate Currency and shall be issued for the account of an Alternate Currency Revolving Loan Borrower.

  • In order to understand her Honour's ruling it is necessary to refer to some of the terms of the credit application and the guarantee.

  • The Group has various other financial instruments such as trade debtors and trade creditors that arise directly from its operations, which have not been included in the following disclosures.

  • The Spanish Alternate Currency Revolving Loan Borrowers shall bear all taxes, expenses and duties accruing or that are incurred by reason of the notarial instruments referred to in this Section 15.04.


More Definitions of Alternate Currency Revolving Loan

Alternate Currency Revolving Loan means each Alternate Currency Daily Rate Loan and Alternate Currency Term Rate Loan.
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Alternate Currency Revolving Loan means each Alternate Currency Daily Rate Loan and Alternate Currency Term Rate
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Alternate Currency Revolving Loan means each Revolving Loan denominated in an Alternate Currency. “ Amortization Date ” shall mean the last Business Day of each March, June, September and December.
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Alternate Currency Revolving Loan. Sub-Commitment" means, as to any Alternate Currency Lender, the Pounds Sterling Revolving Loan Sub-Commitment, Canadian Dollar Revolving Loan Sub-Commitment and/or Euro Revolving Loan Sub-Commitment, as appropriate, of the respective Alternate Currency Lender.
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Alternate Currency Revolving Loan means any Revolving Facility Loan denominated in an Alternate
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Alternate Currency Revolving Loan shall have the meaning provided in Section 1.01(b).
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Alternate Currency Revolving Loan. SUB-COMMITMENT" means, as to any Alternate Currency Lender, the Pounds Sterling Revolving Loan Sub-Commitment, the Canadian Dollar Revolving Loan Sub-Commitment and/or the Euro Revolving Loan Sub-Commitment, as appropriate, of the respective Alternate Currency Lender. "ALTERNATE CURRENCY RL PERCENTAGE" of any Lender at any time shall mean, with respect to a given Alternate Currency, a fraction (expressed as a percentage) the numerator of which is the Alternate Currency Revolving Loan Sub-Commitment of such Alternate Currency Lender with respect to such Alternate Currency at such time and the denominator of which is the aggregate amount of Alternate Currency Revolving Loan Sub-Commitments of all Alternate Currency Lenders with respect to such Alternate Currency at such time.
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