Examples of U.S. Committed Borrowing in a sentence
If the requesting U.S. Borrower fails to specify a currency in a U.S. Committed Loan Notice requesting a U.S. Committed Borrowing, then the U.S. Committed Loans so requested shall be made in Dollars.
Meier P and Zierler KL (1954) On the theory of the indicator-dilution method for measurement of blood flow and volume.
Each U.S. Committed Borrowing, each conversion of U.S. Committed Loans from one Type to the other, and each continuation of Eurocurrency Rate Loans shall be made upon the requesting U.S. Borrower’s irrevocable notice to U.S. Funding Agent, which may be given by telephone.
The Borrower hereby requests (select one): ☐ A U.S. Committed Borrowing of U.S. Committed Loans.
In such event, the US Borrower shall be deemed to have requested a US Committed Borrowing of US Base Rate Loans to be disbursed on the US Honor Date in an amount equal to the US Unreimbursed Amount, without regard to the minimum and multiples specified in Section 2.02 for the principal amount of US Base Rate Loans, but subject to the amount of the unutilized portion of the Aggregate US Commitments and whether or not the conditions set forth in Section 6.02 are satisfied.
If the Fronting Lenders based on the limitations set forth in the proviso to the first sentence of Section 2.2.1 are unable to fund the entire requested U.S. Fronting Loan in such Alternative Currency or to such TMK, then the applicable U.S. Borrower may decrease the amount of the requested U.S. Committed Borrowing within one (1) Business Day after notice by U.S. Funding Agent of such limitation.
Upon receipt of such notice, the US Borrower may revoke any pending request for a US Borrowing of, conversion to or continuation of US Eurodollar Rate Committed Loans or, failing that, will be deemed to have converted such request into a request for a US Committed Borrowing of US Base Rate Loans in the amount specified therein.
If the requesting U.S. Borrower requests a U.S. Committed Borrowing of, conversion to, or continuation of Eurocurrency Rate Loans in any such U.S. Committed Loan Notice, but fails to specify an Interest Period, it will be deemed to have specified an Interest Period of one (1) month.
If such U.S. Borrower does not reduce its request for a U.S. Committed Borrowing to an amount equal to or less than the available Fronting Commitment subject to the limitation set forth in the proviso to the first sentence in Section 2.2.1, then the requested U.S. Committed Loan shall not be made by U.S. Lenders.
If the requesting U.S. Borrower requests a U.S. Committed Borrowing of, conversion to or continuation of Eurocurrency Rate Committed Loans, Term SOFR Rate Loans or TIIE Rate Loans in any such U.S. Committed Loan Notice, but fails to specify an Interest Period, it will be deemed to have specified an Interest Period of one month or 28 days, as applicable.