Alternative Currency Loan definition

Alternative Currency Loan means an Alternative Currency Daily Rate Loan or an Alternative Currency Term Rate Loan, as applicable.
Alternative Currency Loan means any Loan denominated in an Alternative Currency.
Alternative Currency Loan means a revolving Loan made to a Borrower pursuant to this Agreement in an Alternative Currency.

Examples of Alternative Currency Loan in a sentence

  • Any prepayment of a Term SOFR Loan and/or an Alternative Currency Loan shall be accompanied by all accrued interest on the amount prepaid, together with 2.05 any additional amounts required pursuant to Section 3.05.


More Definitions of Alternative Currency Loan

Alternative Currency Loan means an Alternative Currency Daily Rate Loan or an Alternative Currency Term Rate Loan, as applicable. “Alternative Currency Term Rate” means, for any Interest Period, with respect to any Credit Extension:
Alternative Currency Loan means any Loan denominated in a currency other than Dollars.
Alternative Currency Loan means a Loan that is made in an Alternative Currency pursuant to the applicable Borrowing Request (or request pursuant to Section 2.04). Any Loan made in the currency of a Participating Member State before the date on which such Participating Member State adopts the Euro as its currency (the “Entry Date”) and still outstanding on the Entry Date shall be prepaid on the last day of the Interest Period applicable thereto on the Entry Date.
Alternative Currency Loan any Revolving Credit Loan denominated in an Alternative Currency.
Alternative Currency Loan means any Loan denominated in the Alternative Currency. Each Alternative Currency Loan must be a EURIBOR Rate Advance.
Alternative Currency Loan means a Loan requested in an Alternative Currency with respect to which the Borrower shall have elected an interest rate based on the LIBO Rate.
Alternative Currency Loan means an Alternative Currency Daily Rate Loan or an Alternative Currency Term Rate Loan, as applicable. All Loans denominated in an Alternative Currency must be Eurocurrency Rate Loans or Alternative Currency Daily Rate Loans.