Eurocurrency Borrowing definition

Eurocurrency Borrowing means a Borrowing comprised of Eurocurrency Loans.

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

• Thereafter, the Borrower may elect to convert such Borrowing to a different Type or to continue such Borrowing and, in the case of a Eurocurrency Borrowing, may elect Interest Periods therefor, all as provided in this Section.

• The Loans constituting each Eurocurrency Borrowing shall bear interest at a rate per annum equal to the Adjusted LIBO Rate for the related Interest Period for such Borrowing plus the Applicable Margin.

• Subject to Section 2.03(d), the Loans constituting each Borrowing initially shall be of the Type specified in the applicable Borrowing Request and, in the case of a Eurocurrency Borrowing, shall have the Interest Period specified in such Borrowing Request.

• If no Interest Period is specified with respect to any requested Eurocurrency Borrowing, then the Borrower shall be deemed to have selected an Interest Period of one month’s duration.

• Borrowings also may be classified and referred to by Class (e.g., a "Revolving Borrowing") or by Type (e.g., a "Eurocurrency Borrowing") or by Class and Type (e.g., a "Eurocurrency Revolving Borrowing").

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 is defined in Section 1.03.

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

Eurocurrency Borrowing means a Borrowing comprised of Eurocurrency

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.

Eurocurrency Borrowing the collective reference to Eurocurrency Loans, in any Currency, the then-current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

Eurocurrency Borrowing means a Borrowing under the Revolving Facility advanced to Borrower through the Eurocurrency Lending Installation in accordance with SECTION 2.3, which Borrowing is denominated in a Eurocurrency and bears interest at the Eurocurrency Rate.