Eurodollar Portion definition

Eurodollar Portion means the unpaid principal balance of a Loan which Borrower designates as such in a Rate Election.
Eurodollar Portion means a Portion of a Term Loan which bears interest as provided in Section 1.3(b) hereof.
Eurodollar Portion means the unpaid principal balance of a Revolving Loan Advance which bears interest based on the Eurodollar Rate.

Examples of Eurodollar Portion in a sentence

  • Should any such payment become due and payable on a day other than a Business Day, the maturity of such payment shall be extended to the next succeeding Business Day (except, with respect to any Eurodollar Portion, as may be otherwise required by the definition of Eurodollar Interest Period), and, in the case of a payment of principal or past due interest, interest shall accrue and be payable thereon for the period of such extension as provided in the Loan Document under which such payment is due.

  • If any payment of a Eurodollar Portion occurs on a date which is not the last day of the applicable Interest Period, whether because of acceleration, prepayment or otherwise, the Borrower will indemnify each Lender for any loss or cost incurred by it resulting therefrom, including, without limitation, any loss or cost in liquidating or employing deposits acquired to fund or maintain such Eurodollar Portion.

  • All of the indebtedness evidenced by each Term Note which bears interest with reference to a particular Adjusted Eurodollar Rate for a particular Interest Period shall constitute a single Eurodollar Portion, all of the indebtedness evidenced by each Term Note which bears interest with reference to a particular Adjusted CD Rate for a particular Interest Period shall constitute a single CD Rate Portion.

  • Each such notice shall specify the date of the Portion requested (which shall be a Business Day in the case of Domestic Rate Portions and a Banking Day in the case of a Eurodollar Portion), the amount of such Portion or the amount to be converted, as the case may be, whether the Portion is to be made available by means of a Domestic Rate Portion or Eurodollar Portion and, with respect to Eurodollar Portions, the Interest Period applicable thereto.

  • Borrower shall select the Type of Portion and, in the case of each Eurodollar Portion, the Interest Period applicable thereto from time to time.

  • Triggers—Level of measurement (coding categories) of MDS elements that identify residents who require evaluation using the care area assessment (CAA) process.

  • Each Eurodollar Portion shall be in the minimum amount of $500,000.

  • Each Floating Rate Portion shall bear interest on the outstanding principal amount thereof for each day from and including the date such Portion is designated or is automatically converted from a Eurodollar Portion into a Floating Rate Portion pursuant to Section 2.8, to but excluding the date it is paid or is converted into a Eurodollar Portion pursuant to Section 2.8 hereof, at a rate per annum equal to the Floating Rate for such day.

  • Borrower shall pay such Funding Costs on the date specified for conversion or continuation of any Eurodollar Portion, the date of prepayment or repayment of any Eurodollar Portion under clause (b) or (c) above, or within five (5) Business Days of written demand therefor by Agent with respect to clause (d) above.

  • Although the price of soya oil per tonne is higher than that of soya meal, the large meal-content of the soyabean means that around 70% of soyabean revenues is derived from soya meal.


More Definitions of Eurodollar Portion

Eurodollar Portion means a Term Loan which bears interest as provided in Section 1.3(b) hereof.
Eurodollar Portion of any Revolving Credit Loan or any Term Loan shall mean at any time the portion, including the whole, of such Revolving Credit Loan or such Term Loan which is bearing interest at any time under the Eurodollar Rate.
Eurodollar Portion of any Revolving Credit Loans shall mean at any time the portion, including the whole, of such Revolving Credit Loans bearing interest at any time under the Adjusted LIBO Rate.
Eurodollar Portion means Portions that bear interest at rates based upon the Adjusted Eurodollar Rate.
Eurodollar Portion means each portion of the outstanding principal amount of the Term Loan designated as such by Borrower at the time of the Advance thereof or conversion thereto, a Eurodollar Portion shall be that portion of the outstanding principal balance of the Term Loan bearing interest by reference to the Eurodollar Rate for an Interest Period commencing on a given date.

Related to Eurodollar Portion

  • Eurodollar Period means, as to each Eurodollar Rate Loan, the period commencing on the date specified by Borrower pursuant to Section 2.1(c) and ending 1, 2, 3 or, if available, 6 months (or, with the written consent of all of the Lenders, any other period) thereafter, as specified by Borrower in the applicable Request for Loan; provided that:

  • Eurodollar Rate Borrowing means a Borrowing comprised of Eurodollar Rate Loans.

  • Eurodollar Loans Loans the rate of interest applicable to which is based upon the Eurodollar Rate.

  • Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(ii).

  • Eurodollar when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Adjusted LIBO Rate.

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • Eurodollar Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the applicable Eurodollar Rate.

  • Eurodollar Competitive Loan means any Competitive Loan bearing interest at a rate determined by reference to the LIBO Rate in accordance with the provisions of Article II.

  • Eurodollar Rate Committed Loan means a Committed Loan that bears interest at a rate based on the Eurodollar Rate.

  • Eurocurrency Interest Period means the Interest Period applicable to a Eurocurrency-based Advance.

  • Eurocurrency Rate Advance means a Revolving Credit Advance denominated in Dollars or a Committed Currency that bears interest as provided in Section 2.07(a)(ii).

  • Eurodollar Rate Loans means any Loans or portion thereof on which interest is payable based on the Adjusted Eurodollar Rate in accordance with the terms hereof.

  • LIBO Rate Advance means a Pro Rata Advance that bears interest as provided in Section 2.04(a)(ii).

  • LIBO Rate Loan means a Loan bearing interest, at all times during an Interest Period applicable to such Loan, at a fixed rate of interest determined by reference to the LIBO Rate (Reserve Adjusted).

  • Eurodollar Tranche the collective reference to Eurodollar Loans 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).

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

  • Eurodollar Revolving Borrowing means a Borrowing comprised of Eurodollar Revolving Loans.

  • Eurocurrency Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the applicable Eurocurrency Rate.

  • LIBO Rate Advances means a Competitive Bid Advance denominated in Dollars or in any Foreign Currency and bearing interest based on the LIBO Rate.

  • LIBOR Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the LIBOR Rate.

  • Eurodollar Interest Period means, for any Eurodollar-based Advance, an Interest Period of one, two or three months (or any shorter or longer periods agreed to in advance by the Borrower, Agent and the Lenders) as selected by Borrower, for such Eurodollar-based Advance pursuant to Section 2.3 or 4.4 hereof, as the case may be.

  • Eurodollar Rate Loan means a Loan that bears interest at a rate based on the Eurodollar Rate.

  • LIBOR Rate Loans means Loans bearing interest at rates determined by reference to the Adjusted LIBOR Rate as provided in subsection 2.2A.

  • Eurocurrency Loans Loans the rate of interest applicable to which is based upon the Eurocurrency Rate.

  • LIBOR Rate Advance means an Advance which bears interest at a LIBOR Rate.

  • CDOR Rate Loan means a Loan denominated in Canadian Dollars the rate of interest applicable to which is based on the CDOR Rate.