Eurocurrency Rate Loan definition

Eurocurrency Rate Loan means a Loan that bears interest at a rate based on the Eurocurrency Rate.
Eurocurrency Rate Loan means a Loan that bears interest at a rate based on clause (a) of the definition of “Eurocurrency Rate”. Eurocurrency Rate Loans may be denominated in Dollars or in an Alternative Currency. All Loans denominated in an Alternative Currency must be Eurocurrency Rate Loans.
Eurocurrency Rate Loan means a Committed Loan that bears interest at a rate based on the Eurocurrency Rate. Eurocurrency Rate Loans may be denominated in Dollars or in an Alternative Currency. All Committed Loans denominated in an Alternative Currency must be Eurocurrency Rate Loans.

Examples of Eurocurrency Rate Loan in a sentence

  • Except as otherwise provided herein, a Eurocurrency Rate Loan may be continued or converted only on the last day of an Interest Period for such Eurocurrency Rate Loan.

  • Any prepayment of a Eurocurrency Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to Section 3.05.


More Definitions of Eurocurrency Rate Loan

Eurocurrency Rate Loan means a Loan which bears interest as provided in Section 2.08(a)(iii).
Eurocurrency Rate Loan means a Loan made on a fully syndicated basis pursuant to Section 2.1, which bears interest at the Eurocurrency Rate.
Eurocurrency Rate Loan means a Committed Loan under Tranche A or Tranche B that bears interest at a rate based on the Eurocurrency Rate. Eurocurrency Rate Loans may be denominated in US Dollars or in an Alternative Currency. All Committed Loans denominated in an Alternative Currency (other than Canadian Dollar Loans made under Tranche B) must be Eurocurrency Rate Loans.
Eurocurrency Rate Loan means a Loan that bears interest at a rate based on the Eurocurrency Rate. “Event of Default” has the meaning specified in Section 8.01.
Eurocurrency Rate Loan means a Revolving Credit Loan or a Term Loan that bears interest at a rate based on clause (a) of the definition of “Eurocurrency Rate.” Term Loans that are Eurocurrency Rate Loans must be denominated in Dollars. Revolving Credit Loans that are Eurocurrency Rate Loans may be denominated in Dollars or in an Alternative Currency. All Revolving Credit Loans denominated in an Alternative Currency must be Eurocurrency Rate Loans.
Eurocurrency Rate Loan means any Loan which bears interest at the Eurocurrency Rate.