Eurocurrency Rate Loans means Syndicated Loans or portions thereof during the period in which such Loans bear interest at rates determined in accordance with Section 2.08(a)(i)(A) hereof.
Eurocurrency Rate Loans means Loans bearing interest at rates determined by reference to clause (a) of the definition of “Eurocurrency Rate” as provided in subsection 2.2A. Eurocurrency Rate Loans may be denominated in Dollars or in an Alternative Currency. All Loans denominated in an Alternative Currency must be Eurocurrency Rate Loans.
Examples of Eurocurrency Rate Loans in a sentence
Any such automatic conversion to Base Rate Loans shall be effective as of the last day of the Interest Period then in effect with respect to the applicable Eurocurrency Rate Loans.
Any automatic conversion to Base Rate Loans shall be effective as of the last day of the Interest Period then in effect with respect to the applicable Eurocurrency Rate Loans.
The Administrative Agent shall promptly notify the Borrower and the Lenders of the interest rate applicable to any Interest Period for Eurocurrency Rate Loans upon determination of such interest rate.
Each such notice shall specify the date and amount of such prepayment and the Type(s) of Loans to be prepaid and, if Eurocurrency Rate Loans are to be prepaid, the Interest Period(s) of such Loans.
Committed Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.
More Definitions of Eurocurrency Rate Loans
Eurocurrency Rate Loans with an Interest Period of _________ months.
Eurocurrency Rate Loans with an Interest Period of ___ months. [The Committed Borrowing requested herein complies with the proviso to the first sentence of Section 2.01 of the Credit Agreement.] LITTELFUSE, INC. By: ------------------------------------ Name: ---------------------------------- Title: --------------------------------- A-1 Form of Committed Loan Notice EXHIBIT B FORM OF SWING LINE LOAN NOTICE Date: ___________, _____ To: Bank of America, N.A., as Agent Ladies and Gentlemen: Reference is made to that certain Credit Agreement, dated as of July 21, 2006 (as amended, restated, extended, supplemented or otherwise modified in writing from time to time, the "Credit Agreement;" the terms defined therein being used herein as therein defined), among Littelfuse, Inc., a Delaware corporation ("Borrower"), Lenders from time to time party thereto, and Bank of America, N.A., as Agent. The undersigned hereby requests a Swing Line Loan:
Eurocurrency Rate Loans means a Loan that bears interest at a rate based on the Eurocurrency Rate. “Interest Payment Date” means, as to any Adjusted Term SOFR Loan, the last day of each Interest Period applicable to such Loan and the applicable maturity date set forth in the Credit Agreement; provided, however, that if any Interest Period for a Adjusted Term SOFR Loan exceeds three months, the respective dates that fall every three months after the beginning of such Interest Period shall also be Interest Payment Dates. “Interest Period” means as to each Adjusted Term SOFR Loan, the period commencing on the date such Adjusted Term SOFR Loan is disbursed or converted to or continued as a Adjusted Term SOFR Loan and ending on the date one, three or six months thereafter, as selected by the Parent Borrower in its Committed Loan Notice, or such other period that is twelve months or less requested by the Parent Borrower and consented to by all the affected Lenders and the Administrative Agent (in the case of each requested Interest Period, subject to availability); provided that: (a) any Interest Period that would otherwise end on a day that is not a Business Day shall be extended to the next succeeding Business Day unless, in the case of a Adjusted Term SOFR Loan, such Business Day falls in another calendar month, in which case such Interest Period shall end on the next preceding Business Day; (b) any Interest Period pertaining to a Adjusted Term SOFR Loan that begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of the calendar month at the end of such Interest Period; and (c) no Interest Period shall extend beyond the Maturity Date. “SOFR” means the Secured Overnight Financing Rate as administered by the Federal Reserve Bank of New York (or a successor administrator). “Term SOFR Adjustment” means (i) with respect to all Term Loans, a percentage equal to 0.11448% (11.448 basis points) for an Interest Period of one-month’s duration, 0.26161% (26.161 basis points) for an Interest Period of three-month’s duration, 0.42826% (42.826 basis points) for an Interest Period of six-months’ duration, and 0.71513% (71.513 basis points) for an Interest Period of twelve–months’ duration and (ii) with respect to all Revolving Loans, a percentage equal to 0.00%. “Successor Rate” means the Successor Rate, LIBOR Successor Rate or any similar or ana...
Eurocurrency Rate Loans or “Eurocurrency Rate Loan” appearing in Sections 2.1(a), 2.2(a)(i), 2.2(b), 2.2(c), 2.2(d), 2.3(a)(ii), 3.2, 3.4(a). 3.4(c) and 3.15 of the Credit Agreement are hereby amended to read “SOFR Rate Loans” or “SOFR Rate Loan”, as applicable and (b) “Daily LIBOR Swingline Loans” appearing Section 2.1(b), 2.2(a)(ii), 2.3(b)(ii) and 3.4(c) are hereby amended to read “Daily SOFR Swingline Loans”.
Eurocurrency Rate Loans means a Loan that bears interest at a rate based on the Eurocurrency Rate. “Interest Payment Date” means, (a) as to any Alternative Currency Daily Rate Loan, the last Business Day of each month and the applicable maturity date set forth in the Credit Agreement and (b) as to any Alternative Currency Term Rate Loan, the last day of each Interest Period applicable to such Loan; provided, however, that if any Interest Period for an Alternative Currency Term Rate Loan exceeds three months, the respective dates that fall every three months after the beginning of such Interest Period shall be Interest Payment Dates.
Eurocurrency Rate Loans means Loans bearing interest at rates determined by reference to an Adjusted Eurocurrency Rate as provided in subsection 2.2A.
Eurocurrency Rate Loans with an Interest Period of __________1. [With respect to such Borrowing of a Revolving Loan, the undersigned hereby represents and warrants that (i) such request complies with Section 2.1 of the Credit Agreement and (ii) each of the conditions set forth in Sections 4.2(a) and (b) of the Credit Agreement have been satisfied on and as of the date of such Borrowing.] [BORROWER] By: _____________________________ Name: ___________________________ Title: ____________________________ _____________________________ 1 Note: One week (in the case of Revolving Loans only) or one, two, three or six months. EXHIBIT B [FORM OF] SWINGLINE LOAN NOTICE Date: _______________ , _____ To: Bank of America, N.A., as Swingline Lender Bank of America, N.A., as Administrative Agent Ladies and Gentlemen: Reference is made to that certain Credit Agreement dated as of April 13, 2018 (as amended, restated, extended, supplemented or otherwise modified in writing from time to time, the “Credit Agreement;” the terms defined therein being used herein as therein defined), among Adtalem Global Education Inc., a Delaware corporation (“Adtalem”), the Designated Borrowers from time to time party thereto (and together with Adtalem, the “Borrowers”), the Lenders from time to time party thereto, and Bank of America, N.A., as Administrative Agent, L/C Issuer and Swingline Lender. The undersigned hereby requests a Swingline Loan: