Yen Enabled Revolving Loan definition

Yen Enabled Revolving Loan means a Loan made by a Yen Enabled Lender pursuant to Section 2.01(b). Each Yen Enabled Revolving Loan made to a US Borrower shall be denominated in US Dollars and shall be a Eurocurrency Loan or an ABR Loan, and each Yen Enabled Revolving Loan made to a Japanese Borrower shall be denominated in Yen and shall be a Eurocurrency Loan.
Yen Enabled Revolving Loan means a Loan made by a Yen Enabled Lender pursuant to Section 2.01(b). Each Yen Enabled Revolving Loan made to a US Borrower shall be denominated in US Dollars and shall be a Term SOFR Loan or an ABR Loan, and each Yen Enabled Revolving Loan made to a Japanese Borrower shall be denominated in Yen and shall be an Alternative Currency Term Rate Loan.

Examples of Yen Enabled Revolving Loan in a sentence

  • Each Yen Enabled Revolving Loan shall be made as part of a Borrowing consisting of Yen Enabled Revolving Loans made by the Yen Enabled Lenders ratably in accordance with their respective Yen Enabled Commitments.

Related to Yen Enabled Revolving Loan