Pounds Sterling Borrowing definition

Pounds Sterling Borrowing means a Borrowing comprised of one or more Pounds Sterling Loans.

Examples of Pounds Sterling Borrowing in a sentence

  • If such Borrowing is a Eurocurrency or Pounds Sterling Borrowing, such request shall be deemed to be withdrawn.

Related to Pounds Sterling Borrowing

  • Revolving Borrowing means a Borrowing comprised of Revolving Loans.

  • Eurocurrency Borrowing means a Borrowing comprised of Eurocurrency Loans.

  • Pounds Sterling means the lawful currency of the United Kingdom.

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.

  • Canadian Dollars means the lawful currency of Canada.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Refunding Borrowing means a Committed Borrowing which, after application of the proceeds thereof, results in no net increase in the outstanding principal amount of Committed Loans made by any Bank.

  • 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.

  • Committed Borrowing means a borrowing consisting of simultaneous Committed Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.

  • Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.

  • 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.

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

  • Eurocurrency Rate Advance means a Revolving Credit Advance or a Term Loan Advance denominated in Dollars or in an Agreed Currency which bears interest as provided in Section 2.07(b) or a Local Currency Advance which bears interest as provided in Section 2.07(b) and the Local Currency Addendum.

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

  • Australian Dollars means the lawful currency of Australia.

  • Term Borrowing means a borrowing consisting of Term Loans of the same Type and the same Class and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Lenders of the applicable Class under this Agreement.

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.

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

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

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.