Amounts, Advances and Rate Selection Sample Clauses

Amounts, Advances and Rate Selection. (i) The principal amount outstanding on any US Facility Loan shall be recorded in the Agent's records in US Dollars, based on the amount of any US Facility Advance as reduced from time to time by the amount of any principal payments with respect to such US Facility Loan. In the event a US Facility Loan is Continued or Converted pursuant to Section 2.08, such election shall be treated as a US Facility Advance for purposes of this Section 2.01. There shall be no more than fifteen (15) Eurodollar Rate Loans outstanding at any one time under the US Facility.
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Amounts, Advances and Rate Selection. (i) The principal amount outstanding on any Canadian Facility Loan shall be recorded in the Canadian Facility Agent's records in Canadian Dollars, based on the amount of any Canadian Facility Advance as reduced from time to time by the amount of any principal payments with respect to such Canadian Facility Loan. In the event a Canadian Facility Loan is Continued or Converted pursuant to Section 4.08, such election shall be treated as a Canadian Facility Advance for purposes of this Section 4.01. There shall be no more than ten (10) Canadian Facility BA Rate Loans outstanding at any one time under the Canadian Facility.
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Amounts, Advances and Rate Selection. (i) Each request for a Domestic Advance of an Alternative Currency under a Borrowing Notice shall constitute such Multicurrency Facilities Borrower's request for a Domestic Revolving Loan of the Dollar Value of the amount of the Alternative Currency specified in such Borrowing Notice and for such Loan to be made available by the Multicurrency Facilities Lenders to such Multicurrency Facilities Borrower in the Alternative Currency Equivalent Amount of such Dollar Value (determined based on the Advance Date Exchange Rate applicable to such Domestic Advance). The principal amount outstanding on any Domestic Loan shall be recorded in the Agent's records in Dollars (in the case of a Domestic Advance of an Alternative Currency as if the Loan had initially been made in Dollars), based on the amount of any Domestic Advance and on the Dollar Value of the initial Advance of an Alternative Currency, as reduced from time to time by the Dollar Equivalent Amount (based on the Advance Date Exchange Rate applicable to such Domestic Advance) of any principal payments with respect to such Domestic Advance. In the event a Fixed Rate Loan of an Alternative Currency is Continued, such election to Continue the Fixed Rate Loan shall be treated as a Domestic Advance and the Agent shall notify the applicable Borrower and the Multicurrency Facilities Lenders of the Advance Date Exchange Rate, Interest Period and the Eurodollar Rate for such Continued Fixed Rate Loan. The Lenders shall each be deemed to have made a Domestic Advance to such Multicurrency Facilities Borrower of its Applicable Commitment Percentage of such Loan of an Alternative Currency and the Agent shall apply the Advance Date Exchange Rate for such new Interest Period to such Continued Alternative Currency Equivalent Amount to determine the new Dollar Value of such Fixed Rate Loan and shall adjust its books accordingly. In the event that such adjustment with respect to a Continued Domestic Loan would cause the Total Domestic Utilization to exceed the Total Domestic Revolving Credit Commitment, the Multicurrency Facilities Borrowers shall, immediately on the effective date of such Continuation, repay (a "Rate Adjustment Payment") the portion of such Continued Loan (applying the new Advance Date Exchange Rate) necessary to ensure that the Total Domestic Utilization does not exceed the Total Domestic Revolving Credit Commitment, provided further that the Multicurrency Facilities Borrowers shall not be required to pay ...
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Amounts, Advances and Rate Selection. (i) Each request for a Canadian Advance of the Alternative Currency under a Borrowing Notice shall constitute TD Canada's request for a Canadian Loan of the Dollar Value of the amount of the Alternative Currency specified in such Borrowing Notice and for such Canadian Loan to be made available by the Canadian Facilities Lenders to TD Canada in the Alternative Currency Equivalent Amount of such Dollar Value (determined based on the Advance Date Exchange Rate applicable to such Canadian Advance). The principal amount outstanding on any Canadian Loan shall be recorded in the Canadian Agent's records in Dollars (in the case of a Canadian Advance of the Alternative Currency as if the Canadian Loan had initially been made in Dollars), based on the amount of any Canadian Advance and on the Dollar Value of the initial Canadian Advance of the Alternative Currency, as reduced from time to time by the Dollar Equivalent Amount (based on the Advance Date Exchange Rate applicable to such Advance) of any principal payments with respect to such Advance. In the event a Eurodollar Rate Loan of the Alternative Currency is continued such election to continue the Eurodollar Rate Loan shall be treated as a Canadian Advance and the Canadian Agent shall notify TD Canada and the Canadian Facilities Lenders of the Advance Date Exchange Rate, Interest Period and the Eurodollar Rate for such continued Eurodollar Rate Loan. The Canadian Facilities Lenders shall each be deemed to have made a Canadian Advance to TD Canada of its Applicable Commitment Percentage of such Canadian Loan of the Alternative Currency and the Canadian Agent shall apply the Advance Date Exchange Rate for such new Interest Period to such continued Alternative Currency Equivalent Amount to determine the new Dollar Value of such Eurodollar Rate Loan and shall adjust its books accordingly. In the event that such adjustment with respect to a continued Canadian Loan would cause the total Dollar Value of the outstanding Canadian Loans to exceed the Total Canadian Revolving Credit Commitment, TD Canada shall, immediately on the effective date of such continuation, repay (a "Rate Adjustment Payment") the portion of such converted Loan (applying the new Advance Date Exchange Rate) necessary to ensure that the total Dollar Value of the outstanding Canadian Loans does not exceed the Total Canadian Revolving Credit Commitment, provided further that TD Canada shall not be required to pay any additional compensation pursuant t...
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Amounts, Advances and Rate Selection. (i) The principal amount outstanding on any Offshore Facility Loan shall be recorded in the records of the Applicable Offshore Facility Lender in British Pounds Sterling or euro, in each case based on the amount of any Offshore Facility Advance as reduced from time to time by the amount of any principal payments with respect to such
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Amounts, Advances and Rate Selection. (i) The principal amount outstanding on any UK Facility Loan shall be recorded in the UK Facility Agent's records in British Pounds Sterling in the case of a UK Facility Advance of British Pounds Sterling and in French Francs in the case of a UK Facility Advance of French Francs, in each case based on the amount of any UK Facility Advance as reduced from time to time by the amount of any principal payments with respect to such UK Facility
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Amounts, Advances and Rate Selection. (i) The principal amount outstanding on any Australian Facility Loan shall be recorded in the Australian Facility Agent's records in Australian Dollars in the case of an
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Amounts, Advances and Rate Selection. (i) The principal amount outstanding on any UK Facility Loan shall be recorded in the UK Facility Agent's records in British Pounds Sterling in the case of a UK Facility Advance of British Pounds Sterling, in French Francs in the case of a UK Facility Advance of French Francs, and in euro in the case of a UK Facility Advance of euro, in each case based on the amount of any UK Facility Advance as reduced from time to time by the amount of any principal payments with respect to such UK Facility Advance. In the case of a UK Facility Advance of French Francs or euro, the UK Facility Agent shall also record the principal amount outstanding on any such UK Facility Loan in British Pounds Sterling, based on the Sterling Equivalent Amount of such UK Facility Advance determined based on the Spot Rate of Exchange as of the date of such Advance, as reduced from time to time by any principal payments with respect thereto. In the event a UK Facility Loan is Continued pursuant to Section 3.08, such election shall be treated as a UK Facility Advance in the Applicable Currency of the existing Loan for purposes of this Section 3.01, with the Sterling Equivalent Amount of the principal amount of any such Loan in French Francs or euro determined based on the Spot Rate of Exchange as of the date of such Continuation. The UK Facility Agent shall adjust its books to reflect the new Sterling Equivalent Amount of such UK Facility Loan, and in the event that such adjustment would cause the UK Facility Outstandings to exceed the Total UK Facility Commitment, or would cause the sum of the French Franc Outstandings plus the euro Outstandings to exceed the Total UK Alternative Currency Commitment, the UK Facility Borrowers shall, immediately on the effective date of such Continuation, repay the portion of such Continued Loan (applying the new Spot Rate of Exchange) necessary to ensure that thereafter the Total UK Facility Commitment shall equal or exceed the UK Facility Outstandings, and the Total UK Alternative Currency Commitment shall equal or exceed the sum of the French Franc Outstandings plus the euro Outstandings. There shall be no more than ten (10) Offshore Loans outstanding at any one time under the UK Facility.
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Amounts, Advances and Rate Selection. (i) The principal amount outstanding on any Offshore Facility Loan shall be recorded in the records of the Offshore Facility Agent in Japanese Yen or euro, in each case based on the amount of any Offshore Facility Advance as reduced from time to time by the amount of any principal payments with respect to such Offshore Facility Advance. The Outstanding principal amount of each Offshore Facility Loan as of the last Business Day of each month shall be reported to the Agent on the first Business Day of the next following month. There shall be no more than fifteen (15) Offshore Facility Loans outstanding at any one time under the Offshore Facility.
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Related to Amounts, Advances and Rate Selection

  • Prepayments of Revolving Credit Advances The Borrower ---------------------------------------- may, upon notice at least two Business Days' prior to the date of such prepayment, in the case of Eurodollar Rate Advances, and not later than 12:00 noon (New York City time) on the date of such prepayment, in the case of Base Rate Advances, to the Agent stating the proposed date and aggregate principal amount of the prepayment, and if such notice is given the Borrower shall, prepay the outstanding principal amount of the Revolving Credit Advances comprising part of the same Revolving Credit Borrowing in whole or ratably in part, together with accrued interest to the date of such prepayment on the principal amount prepaid; provided, however, that (x) each partial prepayment shall be in -------- ------- an aggregate principal amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof and (y) in the event of any such prepayment of a Eurodollar Rate Advance, the Borrower shall be obligated to reimburse the Lenders in respect thereof pursuant to Section 8.04(c).

  • Notification of Advances, Interest Rates, Prepayments and Commitment Reductions Promptly after receipt thereof, the Agent will notify each Lender of the contents of each Aggregate Commitment reduction notice, Borrowing Notice, Conversion/Continuation Notice, and repayment notice received by it hereunder. The Agent will notify each Lender of the interest rate applicable to each Eurodollar Advance promptly upon determination of such interest rate and will give each Lender prompt notice of each change in the Alternate Base Rate.

  • Application of Prepayments of Loans to Base Rate Loans and Eurodollar Rate Loans Considering each Class of Loans being prepaid separately, any prepayment thereof shall be applied first to Base Rate Loans to the full extent thereof before application to Eurodollar Rate Loans, in each case in a manner which minimizes the amount of any payments required to be made by Borrower pursuant to Section 2.18(c).

  • Notification of Advances, Interest Rates and Prepayments The Administrative Agent will notify each Lender of the contents of each Borrowing Notice, Conversion/Continuation Notice, and repayment notice received by it hereunder not later than the close of business on the Business Day such notice is received by the Administrative Agent. The Administrative Agent will notify each Lender of the interest rate applicable to each LIBOR Rate Advance promptly upon determination of such interest rate and will give each Lender prompt notice of each change in the Alternate Base Rate.

  • Interest on Revolving Credit Advances Each Borrower shall pay interest on the unpaid principal amount of each Revolving Credit Advance made to such Borrower owing to each Lender from the date of such Revolving Credit Advance until such principal amount shall be paid in full, at the following rates per annum:

  • Loans, Advances and Investments Make or permit to remain outstanding any loan or advance to, or own, purchase or acquire any stock, obligations or securities of, or any other interest in, or make any capital contribution to, any Person, or consummate any Acquisition, except that the Company or any Subsidiary may

  • Repayment of Revolving Credit Advances The Borrower shall repay to the Agent for the ratable account of the Lenders on the Termination Date the aggregate principal amount of the Revolving Credit Advances then outstanding.

  • Procedure for Revolving Advances Borrowing (a) Borrower may notify Agent prior to 1:00 p.m. on a Business Day of Borrower’s request to incur, on that day, a Revolving Advance hereunder. Should any amount required to be paid as interest hereunder, or as fees or other charges under this Agreement or any other agreement with Agent or Lenders, or with respect to any other Obligation, become due, same shall be deemed a request for a Revolving Advance as of the date such payment is due, in the amount required to pay in full such interest, fee, charge or Obligation under this Agreement or any other agreement with Agent or Lenders, and such request shall be irrevocable.

  • Advances; Reimbursement of Advances (a) From time to time, (i) pursuant to terms of the Servicing Agreement, the Lead Servicer and/or the related Trustee may be obligated to make (1) Property Advances with respect to the Mortgage Loan or the Mortgaged Property and (2) P&I Advances with respect to the Lead Note and (ii) pursuant to the terms of a Non-Lead Servicing Agreement, the related Non-Lead Master Servicer and/or the related Trustee may be obligated to make P&I Advances with respect to a Non-Lead Note. The Lead Servicer and/or the related Trustee will not be required to make any P&I Advance with respect to any Non-Lead Note and the related Non-Lead Master Servicer and/or the related Trustee will not be required to make any P&I Advance with respect to any Lead Note, any other Non-Lead Note or any Property Advance. The Lead Servicer, each Non-Lead Master Servicer and any Trustee will be entitled to interest on any Advance made in the manner and from the sources provided in the Note A-1 PSA or the Note A-2 PSA, as applicable.

  • Mandatory Repayments of Revolving Credit Loans If at any time the sum of the outstanding principal amount of the Revolving Credit Loans plus the Maximum Drawing Amount and all Unpaid Reimbursement Obligations plus the outstanding amount of Swing Line Loans exceeds the lesser of (i) the Total Commitment at such time, and (ii) the Borrowing Base at such time, then, in any case, the Borrower shall immediately pay the amount of such excess to the Administrative Agent for the respective accounts of the Lenders for application: first, to any Unpaid Reimbursement Obligations; second, to the Swing Line Loans; third, to the Revolving Credit Loans; and fourth, to provide to the Administrative Agent Cash Collateral for Reimbursement Obligations as contemplated by §4.2. Each payment of any Unpaid Reimbursement Obligations or prepayment of Revolving Credit Loans shall be allocated among the applicable Lenders, in proportion, as nearly as practicable, to each Reimbursement Obligation or (as the case may be) the respective unpaid principal amount of each applicable Lender’s Revolving Credit Loan, with adjustments to the extent practicable to equalize any prior payments or repayments not exactly in proportion.

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