Eurocurrency Standby Loan definition

Eurocurrency Standby Loan means any Standby Loan bearing interest at a rate determined by reference to the LIBO Rate in accordance with the provisions of Article II.
Eurocurrency Standby Loan means any Standby Loan bearing interest at a rate determined by reference to, in the case of Eurocurrency Competitive Loans denominated in Dollars or any Alternative Currency (other than Euros), the LIBO Rate and, in the case of Eurocurrency Competitive Loans denominated in Euros, the EURIBO Rate in accordance with the provisions of
Eurocurrency Standby Loan means any Standby Loan bearing interest at a rate determined by reference to, in the case

Examples of Eurocurrency Standby Loan in a sentence

  • If no Interest Period with respect to any Eurocurrency Standby Loan is specified in any such notice, then the Borrower shall be deemed to have selected an Interest Period of one month's duration.

  • Such notice shall be irrevocable and shall in each case specify (A) whether the Borrowing then being requested is to be a Eurocurrency Standby Loan or an ABR Borrowing; (B) the date of such Standby Borrowing (which shall be a Business Day) and the amount thereof; and (C) if such Borrowing is to be a Eurocurrency Standby Loan, the Interest Period with respect thereto, which shall not end after the Maturity Date.

  • In the event of any conversion of any Eurocurrency Standby Loan and/or Eurocurrency Term Loan, as applicable, prior to the end of the current Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of such conversion.

  • In the event of any conversion of any Eurocurrency Standby Loan prior to the end of the current Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of such conversion.

  • The office bearer of the negotiating union or member of negotiating council shall be treated on duty, whenever the employer or any of his authorized person holds meeting.

  • Such notice shall be irrevocable and shall in each case specify (i) whether the Borrowing then being requested is to be a Eurocurrency Standby Loan or an ABR Borrowing; (ii) the date of such Standby Borrowing (which shall be a Business Day) and the amount thereof; and (iii) if such Borrowing is to be a Eurocurrency Standby Loan, the Interest Period with respect thereto, which shall not end after the Maturity Date.


More Definitions of Eurocurrency Standby Loan

Eurocurrency Standby Loan means any Standby Loan bearing interest at a rate determined by reference to, in the case of Eurocurrency Competitive Loans denominated in Dollars or any Alternative Currency (other than Euros), the LIBO
Eurocurrency Standby Loan any Loan (other than a Competitive Loan) bearing interest at a rate determined by reference to the Eurocurrency Rate in accordance with the provisions of subsection 4.1(a).

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