Optional Currency Loans definition

Optional Currency Loans shall have the meaning specified in Section 2.1.1 [Revolving Credit Loans; Optional Currency Loans].
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Optional Currency Loans shall have the meaning specified in Section 2.1.1 [Revolving Credit Commitments; Revolving Credit Loans]. Order shall have the meaning specified in Section 2.9.9 [Liability for Acts and Omissions]. Original Currency shall have the meaning specified in Section 5.12 [Currency Conversion Procedures for Judgments]. Other Currency shall have the meaning specified in Section 5.12 [Currency Conversion Procedures for Judgments].
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Optional Currency Loans shall have the meaning assigned to such term in Section 2.1.1 [Revolving Credit Loans]. Optional Currency Loan Sublimit shall mean $15,000,000. Order shall have the meaning specified in Section 2.8.9 [Liability for Acts and Omissions].
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Examples of Optional Currency Loans in a sentence

  • The Local Authority School Welfare Officer will review both the late book and official registers termly.

  • Optional Currency Sublimit shall have the meaning specified in Section 2.1.1 [Revolving Credit Loans; Optional Currency Loans].

  • Optional Currency Loans shall have the meaning specified in Section 2.1.1 [Revolving Credit Loans; Optional Currency Loans].

  • Computation Date shall have the meaning specified in Section 2.12.1 [Periodic Computations of Dollar Equivalent Amounts of Revolving Credit Loans that are Optional Currency Loans and Letters of Credit Outstanding, Etc.].

  • The definition of “Loans” set forth in Section 1.1 of the Credit Agreement is hereby amended and restated in its entirety as follows: Loans shall mean collectively and Loan shall mean separately all Revolving Credit Loans, Swing Loans, Term Loans and the Optional Currency Loans or any Revolving Credit Loan, Swing Loan, Term Loan or Optional Currency Loan.

  • All prepayments required pursuant to the immediately preceding sentence shall first be applied among the Interest Rate Options to the principal amount of the Revolving Credit Loans subject to the Base Rate Option, then to Revolving Credit Loans denominated in Dollars and subject to a LIBOR Rate Option, then to Optional Currency Loans.

  • Each such Bank shall endorse on the schedules annexed to its Note(s) the date, amount, currency (in the case of Optional Currency Loans) and maturity of each Loan made by it and the amount of each payment of principal made by the Companies with respect thereto.

  • Dollar Equivalent of the outstanding Revolving Credit Loans (including Optional Currency Loans and outstanding Swing Loans)$i.

  • Except as provided in Section 4.4.4 [Administrative Agent’s and Lender’s Rights], if the Borrowers prepay a Loan but fail to specify the applicable Borrowing Tranche which the Borrowers are prepaying, the prepayment shall be applied, first to Revolving Credit Loans which are not Optional Currency Loans, then to Optional Currency Loans, then to Swing Loans .

  • All prepayments required pursuant to this Section 5.7 [Mandatory Prepayments] shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to the Base Rate Option, then to Loans denominated in Dollars and subject to a LIBOR Rate Option (in order of Interest Period maturities, beginning with the earliest to mature), then to Optional Currency Loans.


More Definitions of Optional Currency Loans

Optional Currency Loans. Revolver Loans made in an Optional Currency.
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Optional Currency Loans means any Loan made in an Optional Currency. Optional Currency Loan Sublimit shall mean $100,000,000. Original Currency shall have the meaning assigned to such term in Section 4.9.1. Other Currency shall have the meaning assigned to such term in Section 4.9.1.
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Optional Currency Loans means have the meaning ascribed to such term in Section 2.1.3 [Optional Currency Sublimit]. Optional Currency Loan Sublimit shall have the meaning ascribed to such term in Section 2.1.3 [Optional Currency Sublimit]. Order shall have the meaning specified in Section 2.8.9 [Liability for Acts and Omissions]. Original Currency shall have the meaning specified in Section 5.12 [Currency Conversion Procedures for Judgments]. Other Currency shall have the meaning specified in Section 5.12 [Currency Conversion Procedures for Judgments].
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Optional Currency Loans means Loans made in an Optional Currency.
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Related to Optional Currency Loans

  • Optional Currency means a currency (other than the Base Currency) which complies with the conditions set out in Clause 4.3 (Conditions relating to Optional Currencies).

  • Alternate Currency Loan means any Loan denominated in an Alternate Currency.

  • Alternative Currency Loan means an Alternative Currency Daily Rate Loan or an Alternative Currency Term Rate Loan, as applicable.

  • Foreign Currency Loan means any Loan denominated in a Foreign Currency.

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

  • Multicurrency Loan means a Loan denominated in Dollars or an Agreed Foreign Currency.

  • Eurocurrency Loans Loans the rate of interest applicable to which is based upon the Eurocurrency Rate.

  • Local Currency Advance means any Advance, denominated in Pounds Sterling, Euro, or any other Agreed Currency which CIF requests the Local Currency Banks to include as a Local Currency and which is reasonably acceptable to the Local Currency Banks, made to CIF pursuant to Sections 2.03A and 2.03B of the Credit Agreement and this Addendum. A Local Currency Advance shall bear interest at the rate specified in Schedule II.

  • Euro-Dollar Loan means a Committed Loan that bears interest at a Euro-Dollar Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.

  • Japan Local Currency Advance means any Advance, denominated in Japanese Yen, made to CFKK pursuant to Sections 2.03C and 2.03D of the Credit Agreement and this Addendum. A Japan Local Currency Advance shall bear interest at the rate specified in Schedule II.

  • Fixed Rate Loans means Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • Alternative Currency Term Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Term Rate.” All Alternative Currency Term Rate Loans must be denominated in an Alternative Currency.

  • Alternative Currency Daily Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Daily Rate.” All Alternative Currency Daily Rate Loans must be denominated in an Alternative Currency.

  • Dollar Loan means a Loan denominated in Dollars.

  • Base Rate Loans Loans the rate of interest applicable to which is based upon the Base Rate.

  • Eurodollar Loans Loans the rate of interest applicable to which is based upon the Eurodollar Rate.

  • ABR Loans Loans the rate of interest applicable to which is based upon the ABR.

  • Prime Rate Loans means any Loans or portion thereof on which interest is payable based on the Prime Rate in accordance with the terms thereof.

  • LIBO Rate Advances has the meaning specified in Section 2.03(a)(i).

  • LIBOR Rate Loans means Loans bearing interest at a rate based on the LIBOR Base Rate or LIBOR Rate, as applicable.

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars, Euros, Pound Sterling, Swiss Francs, Mexican Pesos, Australian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank with respect thereto in their sole discretion and (ii) with respect to any Loan, any currency other than Dollars that is approved in accordance with Section 1.05.

  • LIBOR Loans means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.

  • LIBOR Rate Advance means an Advance which bears interest at a LIBOR Rate.

  • LIBO Rate Advance means a Pro Rata Advance that bears interest as provided in Section 2.04(a)(ii).

  • LIBOR Loan means any portion of a Loan (other than a Base Rate Loan) bearing interest at a rate based on LIBOR.

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.