Common use of Foreign Currency Borrowing Clause in Contracts

Foreign Currency Borrowing. Subject to Section 10.13, the Foreign Currency Loans comprising each Foreign Currency Borrowing shall bear interest at the Foreign Currency Rate for the Interest Period in effect for such Borrowing plus the Applicable Rate.

Appears in 3 contracts

Samples: Credit Agreement (Valmont Industries Inc), Credit Agreement (Valmont Industries Inc), Credit Agreement (Valmont Industries Inc)

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Foreign Currency Borrowing. Subject to Section 10.139.13, the Foreign Currency Loans comprising each Foreign Currency Borrowing shall bear interest at the Foreign Currency Rate for the Interest Period in effect for such Borrowing plus the Applicable RateRate (determined based on the Fixed Rate Spread).

Appears in 1 contract

Samples: Credit Agreement (Trinity Industries Inc)

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