Examples of Euro Revolving Credit Loans in a sentence
Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Euro Revolving Credit Loans to the Company and the Foreign Subsidiary Borrowers from time to time so long as after giving effect thereto and to any concurrent repayment of Loans the Aggregate Euro Revolving Credit Outstandings of each Euro Revolving Credit Lender are equal to or less than its Euro Revolving Credit Commitment.
Subject to the terms of this Agreement, the Company and the Foreign Subsidiary Borrowers may borrow, repay and reborrow Euro Revolving Credit Loans at any time prior to the Facility Termination Date.
The Euro Revolving Credit Loans will be Eurocurrency Loans as selected in accordance with Sections 2.3 and 2.7. The Euro Revolving Credit Commitments to lend hereunder shall expire on the Facility Termination Date.
Dollar Revolving Credit Loans may be Base Rate Loans or Term SOFR Loans, Euro Revolving Credit Loans must be EURIBOR Loans, and Sterling Revolving Credit Loans must be XXXXX Daily Simple Loans, in each case as further provided herein; provided that all Dollar Revolving Credit Loans made by each of the Lenders pursuant to the same Borrowing shall, unless otherwise specifically provided herein, consist entirely of Revolving Credit Loans of the same Type made to the Borrower.
Dollar Revolving Credit Loans may be Base Rate Loans or Eurodollar Loans, as further provided herein, Credit Agreement and Euro Revolving Credit Loans must be EURIBOR Loans, as further provided herein; provided that all Dollar Revolving Credit Loans made by each of the Lenders pursuant to the same Borrowing shall, unless otherwise specifically provided herein, consist entirely of Revolving Credit Loans of the same Type made to the same Borrower.
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If on any date the aggregate amount of the Dollar Equivalents of the principal amounts of all Euro Revolving Credit Loans then outstanding exceeds 105% of the aggregate amount of all Euro Revolving Credit Commitments on such date, the Borrower shall, on such day, prepay Euro Revolving Credit Loans in an amount equal to such excess (after giving effect to any other prepayment of Euro Revolving Credit Loans on such day).
Each Borrowing of Euro Revolving Credit Loans under this Agreement shall be granted by the Euro Lenders PRO RATA on the basis of their then-applicable Euro Revolving Credit Commitments.
In addition, the experiment shall be conducted in the presence of the Administrator or its representative..3 The report of the inclining experiment and the lightship particulars derived shall be approved by the Administrator or its representative.
Dollar Revolving Credit Loans may be Base Rate Loans or Eurodollar Loans, as further provided herein, and Euro Revolving Credit Loans must be EURIBOR Loans, as further provided herein; provided that all Dollar Revolving Credit Loans made by each of the Lenders pursuant to the same Borrowing shall, unless otherwise specifically provided herein, consist entirely of Revolving Credit Loans of the same Type made to the same Borrower.