Examples of Alternate Currency Bank in a sentence
Promptly upon receipt of any payment of principal of the Alternate Currency Loans the applicable Alternate Currency Bank shall give written notice to the Administrative Agent by telex or telecopy of the receipt of such payment.
The Administrative Agent will promptly remit all payments received as provided above to the applicable Alternate Currency Bank.
The Alternate Currency Bank shall furnish to the Agent not less frequently than monthly, and at any other time at the reasonable request of the Agent, a statement setting forth the outstanding Alternate Currency Loans made and repaid during the period since the last such report under such Alternate Currency Addendum.
The Agent will promptly remit all payments received as provided above to the Alternate Currency Bank.
When the applicable Alternate Currency Borrower desires to borrow under this Section 2.20, the applicable Alternate Currency Borrower shall deliver to the applicable Alternate Currency Bank and the Administrative Agent a Borrowing/Election Notice, signed by it, as provided in Section 2.7 specifying that the Alternate Currency Borrower is requesting an Alternate Currency Loan pursuant to this Section 2.20.