Alternate Currency Borrowing definition

Alternate Currency Borrowing means any borrowing consisting of a Loan made in an Alternate Currency.
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Alternate Currency Borrowing means any borrowing consisting of a Loan made to an Alternate Currency Borrower in an Alternate Currency.
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Alternate Currency Borrowing means a Borrowing comprised of Alternate Currency Loans.
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Examples of Alternate Currency Borrowing in a sentence

  • The principal of and interest on each Alternate Currency Borrowing shall be paid in the applicable currency for such Alternate Currency Borrowing and shall be paid to the Administrative Agent for the ratable (relative to Loans made as a part of such Borrowing) account of the Alternate Currency Lenders.

  • The Borrower hereby authorizes the Lenders and the Agent to extend, convert or continue U.S. Dollar Advances (it being understood and agreed that Alternate Currency Borrowing Requests must be in writing or by facsimile) and to transfer funds based on telephonic notices made by any person or persons the Agent or any Lender in good faith believes to be acting on behalf of the Borrower.

  • Each Alternate Currency Borrowing and continuation thereof shall be in a minimum aggregate amount reasonably acceptable to the Administrative Agent and the Alternate Currency Fronting Lender.

  • Promptly after receipt thereof, the Agent will notify each Lender of the contents of each Aggregate Commitment reduction notice, Borrowing Notice, Alternate Currency Borrowing Request, Eurodollar Conversion Notice and repayment notice received by it hereunder.

  • The purchase of participations in any Loan included in any Revolving Alternate Currency Borrowing pursuant to this paragraph shall not relieve any Borrower of any default in the payment thereof.

  • Please respond to this invitation by no later than [2:00 P.M. (for any Money Market Alternate Currency Borrowing)] [2:00 P.M. (for any Money Market Domestic Margin Auction Borrowing)] [9:15 A.M. (for any Money Market Domestic Absolute Rate Auction)] (New York City time) on [DATE].3 CITIBANK, N.A., as Administrative Agent By: Authorized Officer 1 Must specify an Agreement Currency.

  • Upon such receipt of an executed copy of such Alternate Currency Borrowing Request from each of the Lenders (which copy may be a facsimile transmittal), the Agent shall promptly notify the Borrower and each of the Lenders of such acceptance, and thereupon the Lenders shall be jointly and severally committed to make the requested Alternate Currency Advance, subject to the terms and conditions of this Agreement.

  • The Borrower shall give the Agent and the Alternate Currency Lender notice pursuant to a Notice of Alternate Currency Borrowing or telephonic notice of each borrowing of Alternate Currency Loans.

  • The requested Alternate Currency Advance will be made as requested if, and only if, each Lender shall, in its sole and absolute discretion, execute and return a copy of such Alternate Currency Borrowing Request to the Agent not later than 10:00 a.m. (Chicago time) at least three Business Days before the requested Borrowing Date for such Alternate Currency Advance.

  • For purposes of Section 6.2, the obligations of the Alternate Currency Lender to make an Alternate Currency Loan, is subject to the further condition precedent that the Agent shall have received a timely Notice of Alternate Currency Borrowing.


More Definitions of Alternate Currency Borrowing

Alternate Currency Borrowing has the meaning set forth in Section 1.4.
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Alternate Currency Borrowing means any borrowing consisting of a Loan ---------------------------- made to an Alternate Currency Borrower in an Alternate Currency.
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Alternate Currency Borrowing means a Borrowing comprised of Alternate Currency
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Related to Alternate Currency Borrowing

  • Alternate Currency Loan means any Loan denominated in an Alternate Currency.

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars, Euros, Pound Sterling, New Zealand Dollars and Australian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank with respect thereto in their sole discretion and (ii) with respect to any Loan, any currency other than Dollars that is approved in accordance with Section 1.05.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Alternative Currency Loan means an Alternative Currency Daily Rate Loan or an Alternative Currency Term Rate Loan, as applicable.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Alternative Currency means each of Euro, Sterling, Yen and each other currency (other than Dollars) that is approved in accordance with Section 1.06.

  • Revolving Credit Borrowing Request means a request made pursuant to Section 2.4 in the form of Exhibit B-4.

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.