Eurocurrency Loan definition

Eurocurrency Loan means any Eurocurrency Term Loan or Eurocurrency Revolving Loan.
Eurocurrency Loan means a Loan which, except as otherwise provided in Section 2.12, bears interest at a Eurocurrency Rate requested by a Borrower pursuant to Sections 2.9 and 2.10.
Eurocurrency Loan means any Loan bearing interest at a rate determined by reference to the Eurocurrency Rate.

Examples of Eurocurrency Loan in a sentence

  • If no Interest Period is specified in any such notice with respect to any conversion to or continuation as a Term SOFR Loan or Eurocurrency Loan, the applicable Borrower shall be deemed to have selected an Interest Period of one month’s duration.

  • The unpaid principal amount of each Eurocurrency Loan shall bear interest from the date of the Borrowing thereof until maturity thereof (whether by acceleration or otherwise) at a rate per annum that shall at all times be the Applicable Margin for Eurocurrency Loans plus the relevant Eurocurrency Rate.


More Definitions of Eurocurrency Loan

Eurocurrency Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate.
Eurocurrency Loan means a Loan which, except as otherwise provided in Section 2.11, bears interest at the applicable Eurocurrency Rate.
Eurocurrency Loan means, at any time, a Loan which bears interest at rates based upon the Eurocurrency Rate.
Eurocurrency Loan means a Eurocurrency Committed Loan or a Eurocurrency Bid Rate Loan, as applicable.
Eurocurrency Loan means a Loan bearing interest prior to maturity at the rate specified in Section 1.4(b) hereof.