Common use of Eurocurrency Loans Clause in Contracts

Eurocurrency Loans. The Borrower agrees to pay interest in respect of the unpaid principal amount of each Eurocurrency Loan at a rate per annum equal to the relevant Eurocurrency Rate plus the Applicable Eurocurrency Margin, from the date the proceeds thereof are made available to the Borrower (or, if such Eurocurrency Loan was converted from a Base Rate Loan, the date of such conversion) until the earlier of (i) the maturity (whether by acceleration or otherwise) of such Eurocurrency Loan and (ii) the conversion of such Eurocurrency Loan to a Base Rate Loan pursuant to Section 2.6.

Appears in 11 contracts

Samples: Credit Agreement, Credit Agreement (Huntsman CORP), Credit Agreement (Huntsman International LLC)

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Eurocurrency Loans. The Each Borrower agrees to pay interest in respect of the unpaid principal amount of each such Borrower’s Eurocurrency Loan Loans at a rate per annum equal to the relevant Eurocurrency Rate plus the Applicable Eurocurrency Margin, Margin from the date the proceeds thereof are made available to the such Borrower (or, if such Eurocurrency Loan was converted from a Base Rate Loan, the date of such conversion) until the earlier of (i) the maturity (whether by acceleration or otherwise) of such Eurocurrency Loan and Loan, (ii) the conversion of such Eurocurrency Loan to a Base Rate Loan pursuant to Section 2.6, or (iii) the payment of such Eurocurrency Loan.

Appears in 1 contract

Samples: Credit Agreement (Greif Inc)

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Eurocurrency Loans. The Borrower agrees to pay interest in ------------------ respect of the unpaid principal amount of each Eurocurrency Loan at a rate per annum equal to the relevant Eurocurrency Rate plus the Applicable Eurocurrency Margin, from the date the proceeds thereof are made available to the Borrower (or, if such Eurocurrency Loan was converted from a Base Rate Loan, the date of such conversion) until the earlier of (i) the maturity (whether by acceleration or otherwise) of such Eurocurrency Loan and or (ii) the conversion of such Eurocurrency Loan to a Base Rate Loan pursuant to Section 2.62.6 at a rate per annum equal to ----------- the relevant Eurocurrency Rate plus the Applicable Eurocurrency Margin.

Appears in 1 contract

Samples: Credit Agreement (Tioxide Americas Inc)

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