Euro definition
Examples of Euro in a sentence
No Revolving Credit Loan or Revolving Euro Tranche Loan may be converted into or continued as a Revolving Credit Loan or Revolving Euro Tranche Loan, as the case may be, denominated in a different currency, but instead must be repaid in the original currency of such Loan and re-borrowed in the other currency.
Notwithstanding the foregoing, without the consent of the Required Lenders (such consent not to be unreasonably withheld or delayed), (i) the aggregate amount of the total Commitments may not be increased by an amount greater than $250,000,000, and (ii) each increase effected pursuant to this paragraph shall be in a minimum amount of at least $5,000,000 (or approximately the Euro equivalent, as the case may be).
Within the limits of each Revolving Euro Tranche Lender’s Revolving Euro Tranche Commitment, and subject to the other terms and conditions hereof, the Company and the applicable Designated Borrowers may borrow under this subsection 2.1(c), prepay under subsection 4.2, and re-borrow under this subsection 2.1(c).
Revolving Euro Tranche Loans shall be either (i) Alternative Currency Term Rate Loans and shall be denominated in Euros or (ii) Alternative Currency Daily Rate Loans and shall be denominated in Sterling.
Subject to the terms and conditions set forth herein, each Euro Term Lender hereby severally agrees to make a single loan (each such loan, a “Euro Term Loan”) to the Company in Euros on the Effective Date in an amount not to exceed such Euro Term Lender’s Applicable Percentage of the Euro Term Facility.