Bid Loans definition

Bid Loans means, collectively, U.S. Bid Loans and Euro Bid Loans; and “Bid Loan” means any one of the foregoing.

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Bid Loans means collectively and Bid Loan shall mean separately all of the Bid Loans or any Bid Loan made by any of the Lenders to the Borrower pursuant to Section 2.

Bid Loans shall have the meaning given to such term in SECTION 2.1(B).

Examples of Bid Loans in a sentence

No U.S. Bid Request shall contain a request for (A) more than one Type of U.S. Bid Loan or (B) U.S. Bid Loans having more than three different Interest Periods.
Each U.S. Bid Request shall specify (i) the requested date of the U.S. Bid Borrowing (which shall be a Business Day), (ii) the aggregate principal amount of U.S. Bid Loans requested (which must be $10,000,000 or a higher whole multiple of $1,000,000), (iii) the Type of U.S. Bid Loans requested and (iv) if applicable, the duration of the Interest Period with respect thereto, and shall be signed by a Responsible Officer of the applicable Borrower.
Each Euro Lender that has received notice pursuant to Section 3.7.7 that all or a portion of its Euro Competitive Bid has been accepted by the applicable Borrower shall make the amount of its Euro Bid Loan(s) available to Euro Funding Agent in immediately available funds at Euro Funding Agent’s Office not later than 1:00 p.m., Applicable Time, on the date of the requested Euro Bid Borrowing.
There shall not be more than five different Interest Periods in effect with respect to U.S. Bid Loans at any time.
Each U.S. Lender that has received notice pursuant to Section 2.7.7 that all or a portion of its U.S. Competitive Bid has been accepted by the applicable Borrower shall make the amount of its U.S. Bid Loan(s) available to U.S. Funding Agent in immediately available funds at U.S. Funding Agent’s Office not later than 1:00 p.m., Applicable Time, on the date of the requested U.S. Bid Borrowing.

More Definitions of Bid Loans

Bid Loans outstanding under the Existing Credit Agreement shall, upon the initial Credit Event, for all purposes be deemed to be Bid Loans outstanding hereunder. Upon such Credit Event, the Company and Banks agree that the Existing Credit Agreement has been terminated so that no additional borrowings, or rollovers of borrowings outstanding thereunder, will be permitted (the Borrowers hereby irrevocably authorizing and directing the Banks to disburse the proceeds of the first Borrowing hereunder to repay all borrowings outstanding thereunder); and

Bid Loans means loans made pursuant to Section 2.03. "Bid Loan Note" means each Bank's Note evidencing the Bid

Bid Loans means the CIH Bid Loans and the TEC Bid Loans and BID LOAN shall mean separately any of them. BORROWERS and BORROWER shall have the meanings assigned in the heading of this Agreement. BORROWING DATE shall mean, with respect to any Loan, the date for the making thereof or the renewal or conversion thereof at or to the same or a different Interest Rate Option, which shall be a Business Day.

Bid Loans has the meaning specified in the Five-Year Revolving Credit Agreement.

Bid Loans means collectively and Bid Loan means separately all of the Bid Loans or any Bid Loan made by any of the Lenders to Parent Guarantor pursuant to Section 2.9 of the Arch Western Credit Facility.

Bid Loans means the loans made or to be made to the Company by the Johnstown Industrial Development Corporation under the Business Infrastructure Development Program with grant funds provided by or through Commerce in an aggregate principal amount not to exceed $2,500,000.

Bid Loans means collectively and BID LOAN shall mean separately all of the loans or any loan made by any of the Revolving Credit Banks to the Borrower pursuant to Section 2.