EUR Revolving Loans definition

EUR Revolving Loans means the Loans made pursuant to Section 2.01(a).

EUR Revolving Loans is deleted in its entirety, and substituted therefor is the following:

Examples of EUR Revolving Loans in a sentence

• With the foregoing limits and subject to the terms and conditions set forth herein, the EUR Borrower may borrow, prepay and reborrow EUR Revolving Loans.

• If any payment hereunder shall be due on a day that is not a Business Day (or, with respect to EUR Revolving Loans, a TARGET Day), the date for payment shall be extended to the next succeeding Business Day (or TARGET Day, as the case may be), and, in the case of any payment accruing interest, interest thereon shall be payable for the period of such extension.

• All payments hereunder (i) relating to US Revolving Loans and Term Loans shall be made in dollars, and (ii) relating to EUR Revolving Loans shall be made in euros.

• Such Lender shall, in consultation with the EUR Borrower, take all reasonable steps to mitigate any circumstances which arise and which would result in any amount becoming payable under or pursuant to, or cancelled pursuant to, clause (a) or clause (c) including (but not limited to) transferring its rights and obligations under the EUR Revolving Loans to another affiliate or facility office of such Lender provided that this does not in any way limit the obligations of the EUR Borrower under this Agreement.

• All EUR Revolving Loans made to the Borrowers shall be made in Euros.

• Organisations that refused to sign up to the regulator faced exemplary fines of up to €727,000 per breach of the law.

• Borrowings of more than one Type and Class may be outstanding at the same time; provided that there shall not at any time be more than a total of ten (10) Eurodollar Borrowings outstanding with respect to the EUR Revolving Loans, U.S. Revolving Loans and Term Loans.

• If no Interest Period is specified with respect to any requested Borrowing for EUR Revolving Loans or PHP Revolving Loans, then the Borrowers shall be deemed to have selected an Interest Period of one month’s duration.

• Borrowings of more than one Type and Class may be outstanding at the same time; provided that there shall not at any time be more than a total of (x) ten Eurodollar Revolving Borrowings outstanding with respect to the EUR Revolving Loans and U.S. Revolving Loans and (y) three Eurodollar Revolving Borrowings outstanding with respect to the PHP Revolving Loans.

• If no Interest Period is specified with respect to any requested Borrowing for EUR Revolving Loans, then the Borrowers shall be deemed to have selected an Interest Period of one (1) month’s duration.