Eurocurrency Loan definition

Eurocurrency Loan means any Eurocurrency Term Loan or Eurocurrency Revolving Loan.
Eurocurrency Loan means any Loan bearing interest at a rate determined by reference to the Eurocurrency Rate.
Eurocurrency Loan means a Loan which, except as otherwise provided in Section 2.12, bears interest at a Eurocurrency Rate requested by a Borrower pursuant to Sections 2.9 and 2.10.

Examples of Eurocurrency Loan in a sentence

  • Swingline Loans denominated in Foreign Currencies shall bear interest at a rate per annum agreed between the Borrower and the applicable Swingline Lender at the time the respective Swingline Loans are made; provided that if any such Loan shall continue outstanding for more than five (5) Business Days, such Loan shall be deemed automatically converted into a Eurocurrency Loan held solely by such Swingline Lender with consecutive Interest Periods of one-month’s duration.


More Definitions of Eurocurrency Loan

Eurocurrency Loan means a Loan which, except as otherwise provided in Section 2.11, bears interest at the applicable Eurocurrency Rate.
Eurocurrency Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.
Eurocurrency Loan means a Eurocurrency Committed Loan or a Eurocurrency Bid Rate Loan, as applicable.
Eurocurrency Loan means a Loan bearing interest prior to maturity at the rate specified in Section 1.4(b) hereof.
Eurocurrency Loan means any Revolving Loan or European Swingline Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of ARTICLE II.