Examples of Term B Euro Loans in a sentence
All proceeds of the Term B Dollar Loans and the Term B Euro Loans incurred on the Initial Borrowing Date shall be used (x) with respect to the Term B Dollar Loans, to finance, in part the Transactions with respect to the Term B Euro Loans, to pay principal, premium and interest on the Second Lien Euro Notes, and (y) to pay fees and expenses in connection with the Transactions.
Payments to be made pursuant to this Section 4.4(b) with respect to (i) Term B Dollar Loans shall be paid in Dollars and (ii) Term B Euro Loans shall be paid in Euros.
Company, European Holdco and Canadian Borrower shall have provided Administrative Agent with a Notice of Borrowing two (2) Business Days prior to the Fourth Amendment Effective Date with respect to the borrowing of New Multicurrency Revolving Loans, New Canadian Revolving Loans, Additional Term A1 Loans, Additional Term B Dollar Loans and Additional Term B Euro Loans on the Fourth Amendment Effective Date.
The Term B Euro Loans (1) shall be advanced to the Borrower pursuant to a single drawing, which shall be on the Closing Date, (2) shall be denominated in Euros, (3) shall initially be made as Eurocurrency Loans with an Interest Period of one month, provided, that all Term B Euro Loans made by the Term B Euro Lenders pursuant to the same Borrowing shall, unless otherwise specifically provided herein, consist entirely of Term B Euro Loans of the same Type.
The Additional Term B Euro Commitment of the Additional Term B Euro Lender on the Second Amendment Effective Date shall be automatically and permanently reduced to €0 upon the making of such Lender’s Term B Euro Loans to the Borrower pursuant to Section 2.01(1)(f).
The Term Loans and the Revolving Loans shall, at the option of the Borrower except as otherwise provided in this Agreement, be (i) Base Rate Loans, (ii) Eurocurrency Loans, or (iii) part Base Rate Loans and part Eurocurrency Loans; provided, that Term B Euro Loans and non-Dollar denominated Revolving Loans may only be made as Eurocurrency Loans.
All proceeds of the Term B Dollar Loans and Term B Euro Loans incurred on the Closing Date shall be used by the Borrower (x) to repay (1) in full all Obligations under and as defined in the Prior Credit Agreements (other than the Existing Letters of Credit), (2) in full the HSCC (BASF) Note and (3) all or a portion of the debt of the Subsidiaries of Huntsman Australia, Inc.
Borrower's offer to permit the Term B Dollar Lenders and/or Term B Euro Lenders to waive any such Waivable Prepayment may apply to all or part of such repayment; PROVIDED, that any offer to waive part of such repayment must be made ratably to the Term B Dollar Lenders on the basis of their Term B Dollar Pro Rata Share of outstanding Term B Dollar Loans and/or ratably to the Term B Euro Lenders on the basis of their Term B Euro Pro Rata Share of outstanding Term B Euro Loans.
European Holdco shall have paid to all Term B Euro Lenders simultaneously with the making of the Term B1 Euro Loans hereunder all accrued and unpaid interest on the Term B Euro Loans to the Third Amendment Effective Date.
All Borrowings of Term A Dollar Loans, Term B Dollar Loans, Term A Euro Loans, Term B Euro Loans, Multicurrency Revolving Loans and Domestic Revolving Loans under this Agreement shall be loaned by the Lenders pro rata on the basis of their Term A Dollar Commitments, Term B Dollar Commitments, Term A Euro Commitments, Term B Euro Commitments, Multicurrency Revolving Commitments or Domestic Revolving Commitments, as the case may be.