Examples of European Loan in a sentence
European Loan issuance totalled €69.5 billion in 2019 down from the €76.4 billion of issuance seen in 2018.
Each such partial prepayment of the European Loan shall be in an integral multiple of EUR500,000.
Notwithstanding the above, no European Loan Party may, at any time that any amount of the European Facility Revolving Facility Usage is outstanding, directly or indirectly, repay any Indebtedness other than to another European Loan Party or acquire any Indebtedness other than of any other European Loan Party unless the European Undrawn Availability at that time, and immediately after making such repayment, exceeds (and has at all times in the preceding 30 day period exceeded) $3,000,000.
Mind the Gap: The Difference between U.S. and European Loan Rates.
To grant the security pursuant to any Dutch Security Agreement to the European Collateral Agent, each European Loan Party irrevocably and unconditionally undertakes (and to the extent necessary undertakes in advance (bij voorbaat)) to pay to the European Collateral Agent amounts equal to any amounts owing from time to time by a European Loan Party to any Guaranteed Party under any Loan Document as and when those amounts are due.
Notwithstanding anything in the foregoing to the contrary, in no event shall the Guarantee Obligations of any European Loan Party include the Obligations of the US Loan Parties.
For the purposes of Regulation (EU) 2015/848 of 20 May 2015 on insolvency proceedings (recast) (the “Regulation”), each European Loan Party’s centre of main interest (as that term is used in Article 3(1) of the Regulation) is situated in its jurisdiction of organization and it has no “establishment” (as that term is used in Article 2(10) of the Regulation) in any other jurisdiction.
No European Loan Party shall change its “centre of main interests” (as that term is used in Article 3(1) of the Regulation).
Notwithstanding any such prepayment, Bank’s lien and security interest in the Collateral shall continue until Borrower fully satisfies its Obligations (other than inchoate liabilities, but including, without limitation, Obligations arising under the European Loan Agreement).
Each UK Loan Party hereby confirms and agrees that it is joining the Existing Credit Agreement, as amended and restated hereby, as a UK Loan Party and a European Loan Party for purposes of this Agreement and the other Loan Documents.