USD Loan definition
Examples of USD Loan in a sentence
Until each Committed (USD) Lender funds its Base Rate Committed (USD) Loan or risk participation pursuant to this Section 2.04 to refinance such Lender’s Applicable (USD) Percentage of any Swing Line Loan, interest in respect of such Applicable (USD) Percentage shall be solely for the account of the Swing Line Lender.
If such Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Lender’s Committed (USD) Loan included in the relevant Committed (USD) Borrowing or L/C Advance in respect of the relevant L/C Borrowing, as the case may be.
If such Committed (USD) Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Lender’s Committed (USD) Loan included in the relevant Committed (USD) Borrowing or funded participation in the relevant Swing Line Loan, as the case may be.
SECTION FIVE PAYMENT Upon execution of this Agreement, the Company will issue VFIN or its designees Two Hundred Thousand (200,000) restricted shares of the Company's common stock for services provided in the performance of services articulated in Section One above.
Each (i) Revolving USD Loan, both for principal and interest, shall mature and become due and payable by the Borrower on the Revolving USD Credit Termination Date and (ii) Revolving Multicurrency Loan, both for principal and interest, shall mature and become due and payable by the Borrower on the Revolving Multicurrency Credit Termination Date.
If such USD Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Lender’s Committed USD Loan included in the relevant Committed USD Borrowing or L/C Advance in respect of the relevant L/C Borrowing, as the case may be.
The final maturity of the USD Loan portion of the Facility is December 31, 2002.
USD Loan Interest and ILS Loan Interest are collectively “Loan Interest”.
The final maturity date of the USD Loan portion of the Facility is December 31, 2002.
The Lending Banks shall keep the Borrower promptly informed of the interest rate determined for any USD Loan.