Eurodollar Borrowing definition

Eurodollar Borrowing means a Borrowing comprised of Eurodollar Loans.
Eurodollar Borrowing means each Borrowing of a Eurodollar Loan.
Eurodollar Borrowing means a Borrowing bearing interest at the sum of the Eurodollar Rate plus the Applicable Margin.

Examples of Eurodollar Borrowing in a sentence

  • If any such Interest Election Request requests a Eurodollar Borrowing but does not specify an Interest Period, then the Borrower shall be deemed to have selected an Interest Period of one month’s duration.

  • If no Interest Period is specified with respect to any requested Eurodollar Borrowing, then the Borrower shall be deemed to have selected an Interest Period of one month’s duration.

  • Thereafter, the Borrower may elect to convert such Borrowing to a different Type or to continue such Borrowing and, in the case of a Eurodollar Borrowing, may elect Interest Periods therefor, all as provided in this Section.

  • Each Borrowing initially shall be of the Type specified in the applicable Borrowing Request and, in the case of a Eurodollar Borrowing, shall have an initial Interest Period as specified in such Borrowing Request.

  • If the Borrower fails to deliver a timely Interest Election Request with respect to a Eurodollar Borrowing prior to the end of the Interest Period applicable thereto, then, unless such Borrowing is repaid as provided herein, at the end of such Interest Period such Borrowing shall be converted to an ABR Borrowing.


More Definitions of Eurodollar Borrowing

Eurodollar Borrowing means any Borrowing which will constitute a Eurodollar Tranche.
Eurodollar Borrowing means a borrowing hereunder consisting of the aggregate amount of the several Eurodollar Loans made by all or some of the Lenders to the Borrower, at the same time, at the same interest rate and for the same Interest Period.
Eurodollar Borrowing means a Borrowing comprised of Eurodollar Advances.
Eurodollar Borrowing has the meaning assigned to such term in Section 1.02.
Eurodollar Borrowing means a Loan or a Borrowing consisting of Loans bearing interest at a rate determined by reference to the Adjusted LIBO Rate.
Eurodollar Borrowing means a Borrowing consisting of simultaneous Eurodollar Advances.
Eurodollar Borrowing a Borrowing of Eurodollar Loans.