Dollar Borrower definition

Dollar Borrower or “Multicurrency Borrowing”) or by Type (e.g. “Eurodollar Borrowing”, “Multicurrency Eurodollar Borrowing” or “Dollar Eurodollar Borrowing”) or by Class and Type (e.g. “Revolving Eurodollar Borrowing”).
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Dollar Borrower s obligations under this Section shall survive the payment of the such Dollar Borrower's Loans and the termination of such Dollar Borrower's Commitment; provided that any request for compensation pursuant to this Section must be made on or before six (6) months after the Lender incurs the applicable material reduction in rate of return or the Lender shall be deemed to have waived the right to such compensation.
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Dollar Borrower means and include each Borrower, excluding any Alternate Currency Revolving Loan Borrower which is not otherwise a Borrower.
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Examples of Dollar Borrower in a sentence

  • Within 30 days from August 31, 2007, the Singapore Dollar Borrower and the Yen Borrower shall deliver to the Facility Agent proof of the appointment of a process agent pursuant to Section 10.09(e).

  • On and after the occurrence of an ------------------------ Event of Default hereunder, no U.S. Dollar Borrower shall seek or be entitled to any reimbursement from any other U.S. Dollar Borrower, or be subrogated to any rights of the Banks against the U.S. Dollar Borrowers, in respect of any payments made pursuant to the Loan Documents, until all amounts owing to the U.S. Dollar Banks hereunder and under the Notes and the Letters of Credit are paid in full.

  • At any time permit any Plan to (a) engage in any "prohibited transaction" as defined in ERISA; (b) incur any "accumulated funding deficiency" as defined in ERISA, or (c) be terminated in a manner which could result in the imposition of a Lien on any Property of any Dollar Borrower or any of their Subsidiaries pursuant to ERISA.

  • Except as disclosed to the Lender, there is no litigation or administrative proceeding pending or, to the knowledge of any Borrower, threatened against, nor any outstanding judgment, order or decree affecting, any Dollar Borrower or any of their Subsidiaries before or by any Governmental Authority.

  • Without limiting the generality of any other provisions of this Amendment, the Australian Dollar Borrower hereby confirms that it appoints the Singapore Borrower as the Administrative Borrower and its attorney-in-fact in accordance with Section 10.17 of the Facility Agreement.

  • The conditions to initial borrowing as set forth in Section 4.01 of the Facility Agreement shall apply, mutatis mutandis, to the Australian Dollar Borrower.

  • Without limiting the generality of any other provisions of this Amendment, the HK Dollar Borrower hereby confirms that it appoints the Singapore Borrower as the Administrative Borrower and its attorney-in-fact in accordance with Section 10.17 of the Amended Facility Agreement.

  • A., (ii) any Subsidiary of a Dollar Borrower organized in the United Kingdom or Canada and (iii) such other Subsidiaries of a Dollar Borrower organized outside the United States as the Lender may from time to time approve.

  • The Facility Agent may not request that the Original Euro Borrower guarantees or secures the obligation of any Dollar Borrower.

  • Dollar Borrower jointly and severally agrees to reimburse the Issuing Bank in respect of a Letter of Credit on each date on which a draft presented under such Letter of Credit is paid by the Issuing Bank for the amount of (i) such draft so paid and (ii) any taxes, fees, charges or other costs or expenses incurred by the Issuing Bank in connection with such payment.


More Definitions of Dollar Borrower

Dollar Borrower means the Original Dollar Borrower or any member of the Group which accedes to this Agreement as an Additional Borrower for the purposes of borrowing under a Dollar Facility.
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Dollar Borrower means (i) the Corporation and (ii) each other Dollar Revolving Loan Borrower.
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Related to Dollar Borrower

  • Euro-Dollar Borrowing has the meaning set forth in Section 1.3.

  • Eurodollar Borrowing means a Borrowing comprised of Eurodollar Loans.

  • Eurocurrency Borrowing means a Borrowing comprised of Eurocurrency Loans.

  • Eurodollar Base Rate has the meaning specified in the definition of Eurodollar Rate.

  • Eurodollar Business Day means any Business Day on which dealings are also carried on in the London interbank market and banks are open for business in London.

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

  • Euro-Dollar Business Day means any Domestic Business Day on which commercial banks are open for international business (including dealings in dollar deposits) in London.

  • Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.

  • LIBO Borrowing means a Borrowing comprised of LIBO Loans.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Eurodollar Banking Day means any Banking Day on which dealings in Dollar deposits are conducted by and among banks in the Designated Eurodollar Market.

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.

  • Eurocurrency Base Rate means, with respect to a Eurocurrency Rate Advance for the relevant Interest Period:

  • Dollar Loan means a Loan denominated in Dollars.

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • Eurocurrency Interest Period means with respect to any Eurocurrency Rate Borrowing, the period commencing on the date of such Borrowing and ending on the numerically corresponding day in the calendar month that is one, two, three or six months (or, to the extent agreed to by the Agent and each Lender making such Eurocurrency Rate Borrowing, twelve months or any shorter period) thereafter, as a Borrower may elect; provided that (a) if any Eurocurrency Interest Period would end on a day other than a Business Day, such Eurocurrency Interest Period shall be extended to the next succeeding Business Day unless such next succeeding Business Day would fall in the next calendar month, in which case such Eurocurrency Interest Period shall end on the next preceding Business Day, (b) any Eurocurrency Interest Period that commences on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the last calendar month of such Eurocurrency Interest Period) shall end on the last Business Day of the last calendar month of such Eurocurrency Interest Period and (c) no Eurocurrency Interest Period for any (i) Eurocurrency Rate Revolving Loan shall end after the latest Scheduled Termination Date for the applicable Revolving Commitments under the applicable Revolving Facility or (ii) Eurocurrency Rate Term Loans shall end after the stated maturity date of such Term Loans.

  • Eurodollar Interest Period means, for any Eurodollar-based Advance, an Interest Period of one, two or three months (or any shorter or longer periods agreed to in advance by the Borrower, Agent and the Lenders) as selected by Borrower, for such Eurodollar-based Advance pursuant to Section 2.3 or 4.4 hereof, as the case may be.

  • Subsidiary Borrower any Subsidiary of the Borrower that becomes a party hereto pursuant to Section 10.1(c)(i) until such time as such Subsidiary Borrower is removed as a party hereto pursuant to Section 10.1(c)(ii).

  • Dollar" or $" means the currency of the United States of America that, as at the time of payment, is legal tender for the payment of public and private debts.

  • LIBOR Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the LIBOR Rate.

  • Eurodollar Competitive Loan means any Competitive Loan bearing interest at a rate determined by reference to the LIBO Rate in accordance with the provisions of Article II.

  • Eurocurrency Term Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Eurocurrency Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Eurodollar Period means, as to each Eurodollar Rate Advance comprising part of the same Borrowing, the period commencing on the date specified by Borrower pursuant to Section 2.1(b) and ending 1, 2, 3 or 6 months (or, if available to all Lenders, 9 or 12 months) thereafter, as specified by Borrower in the applicable Request for Borrowing or Request for Continuation/Conversion provided that:

  • LIBO Rate Loan means a Loan bearing interest, at all times during an Interest Period applicable to such Loan, at a fixed rate of interest determined by reference to the LIBO Rate (Reserve Adjusted).

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.