Denomination Date definition

Denomination Date means, in relation to any Alternative Currency Borrowing, the date that is three Business Days before the date such Borrowing is made.

Denomination Date means, in relation to any Eurocurrency Borrowing, the date that is three Business Days before the date of such Borrowing.

Denomination Date means at anytime, in relation to any Alternative Currency Borrowing, the date that is two Business Days before the later of (a) the date such Borrowing is made and (b) the date of the most recent conversion or continuation of such Borrowing pursuant to Section 2.05.

Examples of Denomination Date in a sentence

• The Administrative Agent shall determine the U.S. Dollar Equivalent of any Loan, Letter of Credit or LC Disbursement denominated in any Approved Currency using the Exchange Rate for such currency in relation to dollars in effect on each Denomination Date therefor, and each such amount shall be the U.S. Dollar Equivalent of such Loan, Letter of Credit or LC Disbursement until the next required calculation thereof pursuant to this sentence.

• For purposes of this Section, any Eurocurrency Borrowing shall be deemed to be in an amount equal to the Equivalent Dollar Amount of such Eurocurrency Borrowing determined as of its Denomination Date.

• Particulars of Savings Certificates/Duplicate CertificatesSeries and Sl. No. ofCertificates Denomination Date of Issue * Only if applied within one year from the date of issue.

• For purposes of this Section, any Eurocurrency Revolving Borrowing shall be deemed to be in an amount equal to the Equivalent Dollar Amount of such Eurocurrency Revolving Borrowing determined as of its Denomination Date.

• If two or more quotations are provided on such Interest Denomination Date, LIBOR in respect of such Interest Determination Date will be the arithmetic mean of such quotations.

More Definitions of Denomination Date

Denomination Date at any time, in relation to any Alternative Currency Borrowing, the date that is two Business Days before the later of (a) the date such Borrowing is made and (b) the date of the most recent conversion or continuation of such Borrowing pursuant to Section 2.13.

Denomination Date means, in relation to any borrowing, conversion or renewal in an Alternative Currency, the date that is three Banking Days before the date such borrowing, conversion or renewal is made.

Denomination Date means, in relation to any Alternative Currency Borrowing or Alternative Currency Letter of Credit, the date that is two Business Days before the date such Borrowing is made or such Letter of Credit is issued.

Denomination Date means each of the following: (i) each date of issuance of a Letter of Credit denominated in an Alternative Currency, (ii) each date of an amendment of any Letter of Credit denominated in an Alternative Currency having the effect of increasing the amount thereof, (iii) each date of any LC Disbursement with respect to any Letter of Credit denominated in an Alternative Currency, and (iv) such additional dates as the Administrative Agent or the Issuing Bank shall determine.

Denomination Date means (a) with respect to any Loan, each of the following: (i) the first Business Day of each calendar month, (ii) each date of a Borrowing of a Eurodollar Rate Loan denominated in an Approved Currency (solely with respect to such Borrowing), (iii) each date of a continuation of a Eurodollar Rate Loan denominated in an Approved Currency pursuant to Section 2.02 (solely with respect to such Eurodollar Rate Loan), and (iv) such additional dates as the Administrative Agent shall determine (but, unless an Event of Default has occurred and is continuing, in no event more than once during any calendar month); and (b) with respect to any Letter of Credit, each of the following: (i) each date of issuance of a Letter of Credit denominated in an Approved Currency, (ii) each date of an amendment of any Letter of Credit denominated in an Approved Currency having the effect of increasing the amount thereof, (iii) each date of any LC Disbursement with respect to any Letter of Credit denominated in an Approved Currency, and (iv) such additional dates as the Administrative Agent or the Issuing Bank shall determine (but, unless an Event of Default has occurred and is continuing, in no event more than once during any calendar month).

Denomination Date means, in relation to any Canadian Dollar Borrowing, the date that is three Business Days before the date such Borrowing is made.

Denomination Date means, (a) in determining the Assigned Dollar Value of any European Swingline Loan, in determining the conversion to Dollars of all Foreign Currency Loans pursuant to Section 3.1(f), or in determining the Assigned Dollar Value of all Foreign Currency Loans pursuant to Section 3.10(g), the same Business Day on which such determination is made, (b) in determining the Assigned Dollar Value of any Foreign Currency Loans to be made, continued or converted, the date that is two Business Days before the date on which the applicable Foreign Currency Loan is made, continued or converted, and (c) with respect to any determination of any Denomination Date, from time to time by the Administrative Agent in its sole discretion.