Offshore Currency Loan definition

Offshore Currency Loan means any Offshore Rate Loan denominated in an Offshore Currency.

Offshore Currency Loan means any Offshore Rate Loan or Competitive Bid Loan denominated in an Offshore Currency.

Offshore Currency Loan means any Loan denominated in an Alternative Currency.

Examples of Offshore Currency Loan in a sentence

• The Dollar Equivalent amount of an Offshore Currency Loan will be determined by the Administrative Agent for such Offshore Currency Loan on the Determination Date therefor in accordance with Section 2.9(a).

• Payment of principal of, interest on or any other amount relating to any Offshore Currency Loan shall be made in the Offshore Currency in which such Loan is denominated or payable.

• If any Lender is unable in good faith to fund an Offshore Currency Loan in a requested Offshore Currency, it shall promptly notify Administrative Agent (who shall notify Company and the other Lenders), and such Request for Extension of Credit shall be deemed withdrawn.

• Except as otherwise expressly provided herein, all payments by the Company shall be made to the Agent for the account of the Banks and Designated Bidders at the Agent's Payment Office, and, with respect to principal of, interest on, and any other amounts relating to, any Offshore Currency Loan, shall be made in the Offshore Currency in which such Loan is denominated or payable, and, with respect to all other amounts payable hereunder, shall be made in Dollars.

• If the Administrative Agent shall have notified the Company, on behalf of the Borrower requesting continuation of an Offshore Currency Loan, that the requested continuation is not then available, the Notice of Continuation with respect thereto shall be deemed to be withdrawn and such Offshore Currency Loan shall be repaid on the last day of the Interest Period with respect thereto.

More Definitions of Offshore Currency Loan

Offshore Currency Loan means any LIBOR Rate Loan denominated in an Offshore Currency.

Offshore Currency Loan means any Eurodollar Loan denominated in an Offshore Currency.

Offshore Currency Loan has the meaning set forth in Section 2.01(b).

Offshore Currency Loan means any Offshore Rate Loan or Competitive Bid

Offshore Currency Loan means any LIBOR Rate Loan denominated in an Offshore Currency. “Offshore Currency Loan Sublimit” means, as to all Offshore Currencies in the aggregate, $150,000,000. “Organization Documents” means, (a) with respect to any corporation, the certificate or articles of incorporation and the bylaws (or equivalent or comparable constitutive documents with respect to any non-U.S. jurisdiction), (b) with respect to any limited liability company, the certificate or articles of formation or organization and operating agreement and (c) with respect to any partnership, joint venture, trust or other form of business entity, the partnership, joint venture or other applicable agreement of formation or organization and any agreement, instrument, filing or notice with respect thereto filed in connection with its formation or organization with the applicable Governmental Authority in the jurisdiction of its formation or organization and, if applicable, any certificate or articles of formation or organization of such entity. “Other Connection Taxes” means, with respect to any Recipient, Taxes imposed as a result of a present or former connection between such Recipient and the jurisdiction imposing such Tax (other than connections arising from such Recipient having executed, delivered, become a party to, performed its obligations under, received payments under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Loan or Loan Document). “Other Taxes” means all present or future stamp, court, documentary, excise, property, intangible, recording, filing or similar Taxes that arise from any payment made under, from the execution, delivery, performance, enforcement or registration of, from the receipt or perfection of a security interest under, or otherwise with respect to, any Loan Document. “Outstanding Amount” means (i) with respect to Revolving Credit Loans on any date, the aggregate outstanding principal Dollar Equivalent amount thereof after giving effect to any borrowings and prepayments or repayments of Revolving Credit Loans, as the case may be, occurring on such date and (ii) with respect to L/C Obligations on any date, the Dollar Equivalent amount of such L/C Obligations on such date after giving effect to any L/C Credit Extension occurring on such date and any other change in the aggregate amount of the L/C Obligations as of such date, including as a result o...

Offshore Currency Loan means any LIBOR Loan de- nominated in an Offshore Currency.

Offshore Currency Loan means any Eurodollar Loan denominated in an Offshore Currency. Participant— see Section 14.9.2.