Alternative Currency Swing Line Loans definition

Alternative Currency Swing Line Loans means Swing Line Loans in an Alternative Currency that are made to either the US Borrower or the European Borrower.
Alternative Currency Swing Line Loans means Swing Line Loans in an Alternative Currency that are made to the Borrower.

Examples of Alternative Currency Swing Line Loans in a sentence

  • The Company shall make all payments of principal and interest in respect of the Alternative Currency Swing Line Loans directly to the Alternative Currency Swing Line Lender.

  • The Alternative Currency Swing Line Lender shall be responsible for invoicing the Company for interest on the Alternative Currency Swing Line Loans.

  • No such funding of risk participations shall relieve or otherwise impair the obligation of the Company to repay Alternative Currency Swing Line Loans, together with interest as provided herein.

Related to Alternative Currency Swing Line Loans

  • Swing Line Loans as defined in Section 2.6.

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

  • Alternative Currency Sublimit means an amount equal to the lesser of the Aggregate Commitments and $50,000,000. The Alternative Currency Sublimit is part of, and not in addition to, the Aggregate Commitments.

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

  • Swing Line Loan has the meaning specified in Section 2.04(a).

  • Refunded Swing Line Loans as defined in Section 2.3(b)(iv).

  • 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.

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Swing Line Loan Commitment means the commitment of Swing Line Lender to make Swing Line Loans to Company pursuant to subsection 2.1A(iii).

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

  • U.S. Swingline Loan means a Loan made pursuant to Section 2.04 as a “U.S. Swingline Loan.”

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

  • Alternative Currencies means (a) Euro, (b) Sterling, (c) Yen and (d) each other currency (other than Dollars) approved in accordance with Section 1.08.

  • Revolving Credit Loans as defined in Section 2.1.

  • 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.

  • Swingline Loans as defined in Section 2.6.

  • Alternative Currency Letter of Credit means a Letter of Credit denominated in an Alternative Currency.

  • Swing Line Advance means an advance made by (a) the Swing Line Bank pursuant to Section 2.01(c) or (b) any Revolving Credit Lender pursuant to Section 2.02(b).

  • Swing Line Loan Commitment Amount means, on any date, $5,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Revolving Credit Loan has the meaning specified in Section 2.01(b).

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Revolving Dollar Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Syndicated Loans, and its LC Exposure and Swingline Exposure, at such time made or incurred under the Dollar Commitments.

  • Alternative Currency Daily Rate means, for any day, with respect to any Credit Extension:

  • Revolving Loans has the meaning set forth in Section 2.1(a).