Eurocurrency Borrowing definition

Eurocurrency Borrowing means a Borrowing comprised of Eurocurrency Loans.

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Eurocurrency Borrowing means a Loan that bears interest at a rate based on the Adjusted Eurocurrency Rate.

Eurocurrency Borrowing means a Borrowing comprised of Eurocurrency Loans. “Eurocurrency Loan” shall mean any Eurocurrency Term Loan or Eurocurrency Revolving Loan.

Examples of Eurocurrency Borrowing in a sentence

If any such Interest Election Request requests a Eurocurrency Borrowing but does not specify an Interest Period, then the applicable Borrower shall be deemed to have selected an Interest Period of one month’s duration.
If no Interest Period with respect to any Eurocurrency Borrowing is specified, then the applicable Borrower shall be deemed to have selected an Interest Period of one month’s duration.
If no election as to the Type of Borrowing is specified, then the requested Borrowing shall be a Base Rate Borrowing if denominated in Dollars or a Eurocurrency Borrowing if denominated in an Alternative Currency.
Such request shall in each case refer to this Agreement and specify (A) whether the Borrowing then being requested is to be a Eurocurrency Borrowing or a Fixed Rate Borrowing, (B) the date of such Borrowing (which shall be a Business Day), (C) the aggregate principal amount of such Borrowing, (D) the currency of such Borrowing and (E) the Interest Period with respect thereto (which may not end after the Revolving Credit Termination Date).

More Definitions of Eurocurrency Borrowing

Eurocurrency Borrowing means a Borrowing of Eurocurrency Loans made pursuant to a Borrowing Request as provided in Section 2.3(a) or continued as Eurocurrency Loans or converted to Eurocurrency Loans from Base Rate Loans pursuant to Section 2.3(b).

Eurocurrency Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

Eurocurrency Borrowing means a Borrowing comprised of Eurocurrency Rate Loans.

Eurocurrency Borrowing is defined in Section 1.03.

Eurocurrency Borrowing means a Borrowing that, except as otherwise provided in Section 2.10, bears interest at the applicable Eurocurrency Rate.

Eurocurrency Borrowing a Borrowing with respect to which the rate of interest is determined by reference to the Adjusted LIBO Rate.

Eurocurrency Borrowing a Revolving Credit Borrowing comprised of Eurocurrency Loans made pursuant to Section 2.2, or continued as, or converted to, Eurocurrency Loans pursuant to Section 2.6.