TRM LTD definition

TRM LTD means TRM (ATM) LIMITED, a company incorporated in England and Wales, and a wholly owned Subsidiary of TRM.
View Source
TRM LTD has the meaning specified in the introductory paragraph hereto.
View Source

Examples of TRM LTD in a sentence

  • Except as otherwise expressly provided herein, all payments by TRM LTD hereunder with respect to principal and interest on Foreign Loans shall be made to the Administrative Agent, for the account of the respective Lenders to which such payment is owed, at the applicable Administrative Agent’s Office in the applicable Alternative Currency and in Same Day Funds not later than the Applicable Time specified by the Administrative Agent on the dates specified herein.

  • If TRM LTD fails to specify a currency of a requested Foreign Loan, then the applicable Loan shall be denominated in Sterling.

  • For purposes of calculating amounts payable by the Company (or TRM LTD) to the Lenders under this Section 3.05, each Lender shall be deemed to have funded each Eurocurrency Rate Loan made by it at the Eurocurrency Base Rate used in determining the Eurocurrency Rate for such Loan by a matching deposit or other borrowing in the offshore interbank market for such currency for a comparable amount and for a comparable period, whether or not such Eurocurrency Rate Loan was in fact so funded.

  • TRM LTD shall pay to the Administrative Agent, for the account of each A/C Lender in accordance with its Applicable Percentage, a commitment fee in Dollars equal to the product of (i) the Applicable Rate times (ii) the actual daily amount by which the Aggregate Alternative Currency Commitments exceed the Outstanding Amount of Foreign Loans.

  • Within the limits of each Lender’s Alternative Currency Commitment, and subject to the other terms and conditions hereof, TRM LTD may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01.

  • If for any reason the Outstanding Amount of Foreign Loans at any time exceeds the Aggregate Alternative Currency Commitments then in effect, TRM LTD shall immediately prepay Foreign Loans in an aggregate amount equal to such excess.

  • Each of the Foreign Guarantors agrees that such Guarantor shall have no right of subrogation, indemnity, reimbursement or contribution against TRM LTD or any other Guarantor for amounts paid under this Article IV until such time as the Foreign Obligations have been irrevocably paid in full and the commitments relating thereto have expired or terminated.