Examples of Eurodollar Portions in a sentence
Without the consent of Required Lenders, Borrower may not make such election, and Administrative Agent and Lenders shall not be required to give effect to such election, during the continuance of a Default and Borrower may make such an election with respect to already existing Eurodollar Portions only if such election will take effect at or after the termination of the Eurodollar Interest Period applicable thereto.
All calculations under the Loan Documents of interest chargeable with respect to Eurodollar Portions and Competitive Bid Advances shall be made on the basis of actual days elapsed (including the first day but excluding the last) and a year of 360 days, subject, however, to the limitations set forth in Section 8.6 hereof.
Funds are provided for security for tenants, helping 250,000 households to rent in the private or social housing sector in 2001.This contribution could be considered as a tax.
Each Bank may, at its option, elect to make, fund or maintain its Eurodollar Portions hereunder at the branch or office specified opposite its signature on the signature page hereof or such other of its branches or offices as such Bank may from time to time elect, subject to the provisions of Section 1.4 hereof.
Payments applied to the outstanding principal amount of the Loan shall be first applied to the Base Rate Portion of the Loan, and then to pay the Eurodollar Portions of the Loan being repaid in the order of such Loan Portion's maturity.
In the event that Eurodollar Portions are unavailable pursuant to this Section, the Banks and the Borrower shall negotiate in good faith for Portions bearing interest at a rate per annum based on the Adjusted CD Rate to be made available to the Borrower.
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.
In addition, Borrower hereby consents and agrees that, for purposes of any determination to be made for purposes of Sections 2.17, 2.18, 2.19 and 2.20, it shall be conclusively assumed that such Lender elected to fund all Eurodollar Portions by purchasing Dollar deposits in the interbank eurodollar market of its designated office.
Detention (punitive segregation), not to exceed 10 days for each violation or 20 days for all violations arising from a single incident.
Pursuant to the terms of the Credit Agreement, the undersigned Borrower hereby elects a Tranche of Eurodollar Portions in the aggregate amount of $ with an Interest Period beginning on and continuing for a period of .