Foreign Loans Sample Clauses

Foreign Loans. Whenever any Foreign Borrower desires funding of a Borrowing of Foreign Loans, Foreign Borrower Agent shall give Agent a Notice of Foreign Borrowing. Such notice must be received by Agent and Bank of America (London) and, with respect to any Australian Loan, Bank of America (Australia), by 11:00 a.m. (Local Time) (i) on the requested funding date, in the case of Foreign Base Rate Loans (other than any Foreign Base Rate Loans that are Australian Loans), (ii) at least one Business Day prior to the requested funding date, in the case of any Foreign Base Rate Loans that are Australian Loans, and (iii) at least three Business Days prior to the requested funding date, in the case of Australian Bank Bill Rate Loans and Interest Period Loans. Notices received after such time shall be deemed received on the next Business Day. Each Notice of Foreign Borrowing shall be irrevocable and shall specify (A) the amount of the Borrowing, (B) the requested funding date (which must be a Business Day), (C) whether the Borrowing is to be made as a Foreign Base Rate Loan, an Australian Bank Bill Rate Loan or an Interest Period Loan, (D) in the case of Australian Bank Bill Rate Loans and Interest Period Loans, the applicable Interest Period (which shall be deemed to be 30 daysone month if not specified), (E) the name of the relevant Foreign Borrower and (F) whether such Loan is to be denominated in Dollars, Euros, Australian Dollars or Sterling.
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Foreign Loans. Upon application to the Bank by the BOT Company for approval, approval having been granted by the Bank in accordance with the Laws of Vietnam for:
Foreign Loans. 12 (c) Pro Rata Shares.............................................................. 13 (d) The Notes.................................................................... 13 2.5 Conditions for First Disbursement................................................... 14 (a)
Foreign Loans. Within a sufficient period of time in advance of the date of any proposed Foreign Loan to accommodate customary settlement procedures in the Local Market, but in any event not later than 10:00 a.m. Detroit time four Business Days prior to the date such Foreign Loan is to be made, the Company shall make or deliver to the Agent, at the main office of the Agent at its address set forth on the signature pages hereof, a telephone, written, telecopier or telegraphic request for such Foreign Loan referring to this Agreement and identifying (i) the amount of such Foreign Loan (the Dollar Equivalent of which shall be in the minimum principal amount of $1,000,000 and in an integral multiple of $100,000), (ii) the date on which such Foreign Loan is requested to be made, (iii) the Foreign Branch from which such Foreign Loan is to be disbursed, (iv) the proposed Foreign Currency of such Foreign Loan, (v) the Negotiated Rate and Negotiated Interest Period to be applicable to such Foreign Loan, as previously offered by the Banks and accepted by the Company, and (vi) the account into which the proceeds of such Foreign Loan are to be disbursed. The Agent shall be entitled to rely on any such telephonic request without any duty to verify the authority of the person making such request or the accuracy of the information identified therein, and shall be indemnified and held harmless by the Company for any errors in any information transmitted in such request or actions taken by the Agent in connection with such request, to the full extent provided by Section 8.5. The Agent shall promptly provide notice of such requested Loan to each Bank. Subject to the terms and conditions of this Agreement, the proceeds of each such Foreign Loan made by the Banks shall be made available to the Company by depositing the proceeds thereof in immediately available funds (or other funds customary in the Local Market) in the account maintained and designated by the Company at the Foreign Branch from which such Foreign Loan is disbursed.
Foreign Loans. That portion of the Revolving Credit Loans (which can be denominated in Dollars or an Optional Currency) which are funded by the Fronting Bank to the Borrower after and during the continuance of a Foreign Loan Event.
Foreign Loans. Subject to the terms and conditions set forth herein, each A/C Lender severally agrees to make loans (each such loan, a “Foreign Loan”) to TRM LTD in Alternative Currencies from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such A/C Lender’s Alternative Currency Commitment; provided, however, that after giving effect to any Borrowing of Foreign Loans, (i) the aggregate Outstanding Amount of the Foreign Loans of all A/C Lenders shall not exceed the Aggregate Alternative Currency Commitments, and (ii) the aggregate Outstanding Amount of the Foreign Loans of any A/C Lender shall not exceed such A/C Lender’s Alternative Currency Commitment. Within the limits of each Lender’s Alternative Currency Commitment, and subject to the other terms and conditions hereof, TRM LTD may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. All Foreign Loans shall Eurocurrency Rate Loans.
Foreign Loans. The Congress hereby reaffirms the United States position that the United States Govern- ment is not responsible for foreign loans or debt obtained by the Governments of the Federated States of Micronesia and the Xxxxxxxx Islands. (Pub. L. 99–239, title I, § 104, Jan. 14, 1986, 99 Stat.
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Related to Foreign Loans

  • Revolving Loans The Borrower shall repay to the Lenders on the Maturity Date the aggregate principal amount of all Revolving Loans outstanding on such date.

  • Revolving Loans and Borrowings (a) Each Loan shall be made as part of a Borrowing consisting of Revolving Loans made by the Lenders in accordance with their respective Applicable Percentages. The failure of any Lender to make any Revolving Loan required to be made by it shall not relieve any other Lender of its obligations hereunder; provided that the Revolving Commitments of the Lenders are several and no Lender shall be responsible for any other Lender’s failure to make Revolving Loans as required.

  • ABR Loans The Loans comprising each ABR Borrowing shall bear interest at the Alternate Base Rate plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.

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