Examples of Other Currency Loans in a sentence
All interest payable with respect to any Revolving Loans made pursuant to this clause shall be appropriately adjusted to reflect the period of time during which the Administrative Agent had outstanding Other Currency Loans in respect of which such Revolving Loans were made.
On or before 11:00 a.m. on the first Business Day following receipt by each Participating Lender of a request to make Revolving Loans as provided in the preceding sentence, each Participating Lender shall deposit in an account specified by the Administrative Agent the amount so requested in Dollars in same day funds and such funds shall be applied by the Administrative Agent to repay the Refunded Other Currency Loans.
The Administrative Agent will make Other Currency Loans on behalf of each Participating Lender (such Loans, "Fronted Other Currency Loans") in an amount equal to such Participating Lender's Percentage of the aggregate amount of Other Currency Loans requested by the applicable Borrower at the time of such Borrowing.
All payments shall be made without setoff, deduction or counterclaim not later than 11:00 a.m. (which shall be London time in the case of Other Currency Loans) on the date due in same day or immediately available funds to such account as the Administrative Agent shall specify from time to time by notice to the U.S. Borrower.
Concurrently with the making of such Other Currency Loans by the Administrative Agent, each Participating Lender will be deemed to have irrevocably purchased, to the extent of its Percentage to make Revolving Loans, a participation interest in such Fronted Other Currency Loans (each an "Other Currency Loan Participation").
There is a chance that URC have come in contact with such material, since, as seen in subchapter 6.1, URC are commonly experienced internet users.
In the event the Other Currency requested or elected by a requesting Borrower to be continued is not available to the Administrative Agent, then the Administrative Agent shall, in the case of Other Currency Loans, notify such Borrower no later than 3:30 p.m., one Business Day prior to the proposed Borrowings or proposed continuation and, in the case of Other Currency Swing Line Loans, notify such Borrower no later than the date of the proposed Borrowing.
At the time the Revolving Loan Lenders make the above referenced Revolving Loans, the Other Currency Lender shall be deemed to have made, in consideration of the making of the Refunded Other Currency Loans, Revolving Loans in an amount equal to the Other Currency Lender's Percentage of the aggregate principal amount of the Refunded Other Currency Loans.
Tel: 09-2900873 PORT-HARCOURT: Plot 137, Olu-Obasanjo Road (2nd Floor), Port Harcourt, Rivers State.
All interest payable with respect to any Revolving Loans made (or deemed made, in the case of the Other Currency Lender) pursuant to this clause shall be appropriately adjusted to reflect the period of time during which the Other Currency Lender had outstanding Other Currency Loans in respect of which such Revolving Loans were made.