Alternate Currency Revolving Loan Borrower definition

Alternate Currency Revolving Loan Borrower means (i) the U.S. Borrower with respect to each Sterling Revolving Loan, (ii) the U.S. Borrower or the U.S. Subsidiary Borrower, as applicable, with respect to each Euro Revolving Loan, and (iii) a Canadian Revolving Loan Borrower with respect to each Canadian Dollar Revolving Loan.
Alternate Currency Revolving Loan Borrower means (i) the Corporation, (ii) Clocktower, unless Clocktower is removed (and not subsequently reinstated) as an “Alternate Currency Revolving Loan Borrower” pursuant to Section 13.12(c), and (iii) any other Wholly-Owned Foreign Subsidiary of the Corporation that is found acceptable to, and approved in writing by, the Administrative Agent which accedes to this Agreement as contemplated by Section 6.03, unless such other Wholly-Owned Foreign Subsidiary is removed (and not subsequently reinstated) as an “Alternate Currency Revolving Loan Borrower” pursuant to Section 13.12(c); provided that (x) Clocktower and any other Alternate Currency Revolving Loan Borrower organized in Canada or any province thereof may only request and incur extensions of credit under the Alternate Currency Revolving Loan Sub-Tranche relating to Canadian Dollar Revolving Loan Sub-Commitments, (y) no Alternate Currency Revolving Loan Borrower organized in a jurisdiction other than Canada or any province thereof may request or incur extensions of credit under the Alternate Currency Revolving Loan Sub-Tranche relating to Canadian Dollar Revolving Loan Sub-Commitments, and (z) any other Alternate Currency Revolving Loan Borrower shall be restricted to extensions of credit under such Alternate Currency Revolving Loan Sub-Tranches as may be specified by the Administrative Agent at the time of its approval of such Person as an Alternate Currency Revolving Loan Borrower, in which case such Person shall constitute an Alternate Currency Revolving Loan Borrower with respect to only those Alternate Currency Revolving Loan Sub-Tranches as have been so approved by the Administrative Agent.
Alternate Currency Revolving Loan Borrower means (i) the Corporation, (ii) each Person listed on Schedule I-C hereof, unless such Person is removed (and not subsequently reinstated) as an “Alternate Currency Revolving Loan Borrower” pursuant to Section 13.12(c), and (iii) any other Wholly-Owned Foreign Subsidiary of the Corporation that is found acceptable to, and approved in writing by, the Administrative Agent which accedes to this Agreement as contemplated by Section 6.03, unless such other Wholly-Owned Foreign Subsidiary is removed (and not subsequently reinstated) as an “Alternate Currency Revolving Loan Borrower” pursuant to Section 13.12(c); provided any Alternate Currency Revolving Loan Borrower shall be restricted to extensions of credit under such Alternate Currency Revolving Loan Sub-Tranches as may be specified in Schedule I-C or as specified by the Administrative Agent at the time of its approval of such Person as an Alternate Currency Revolving Loan Borrower, in which case such Person shall constitute an Alternate Currency Revolving Loan Borrower with respect to only those Alternate Currency Revolving Loan Sub-Tranches as are specified in Schedule I-C or as have been so approved by the Administrative Agent.

Examples of Alternate Currency Revolving Loan Borrower in a sentence

  • Each Letter of Credit shall constitute either (x) a Domestic Dollar Letter of Credit, in which case such Letter of Credit shall be denominated in Dollars and shall be issued for the account of a Domestic Dollar Revolving Loan Borrower or (y) an Alternate Currency Letter of Credit, in which case such Letter of Credit shall be denominated in an Alternate Currency and shall be issued for the account of an Alternate Currency Revolving Loan Borrower.

  • For the purposes of this Agreement the Administrative Agent, in its capacity as such, shall open and maintain in its books a special credit facilities account for all the Alternate Currency RL Lenders that have made Alternate Currency Revolving Loans to a Spanish Alternate Currency Revolving Loan Borrower (each, a “Spanish Alternate Currency RL Lender”).

  • LTD., as an Alternate Currency Revolving Loan Borrower By: /s/ Xxxxxxx X.

  • The Administrative Agent shall previously notify the relevant Spanish Alternate Currency Revolving Loan Borrower of the amount due as a result of the settlement.

  • XXXXX Title: ATTORNEY OPERADORA SHERATON S de RL de CV, as an Alternate Currency Revolving Loan Borrower By: /s/ Xxxx Xxxxxxx Name: XXXX XXXXXXX Title: LEGAL REPRESENTATIVE STARWOOD ITALIA S.R.L., as an Alternate Currency Revolving Loan Borrower By: /s/ Xxxxxxx X.

  • Xxxxxx Title: Treasurer COMPANHIA PALMARES HOTEIS E TURISMO S.A., as New Alternate Currency Revolving Loan Borrower By: /s/ Xxxxxxx Giurno Name: Xxxxxxx Giurno Title: Diretor Financeiro JPMORGAN CHASE BANK, N.A., as Administrative Agent and as a Lender By: /s/ Xxxxxx Xxxxxx Name: Xxxxxx Xxxxxx Title: Vice President BARCLAYS BANK PLC , as a Lender By: /s/ Xxxxxx Xxxxx Name: Xxxxxx Xxxxx Title: Vice President Bank of America N.A., as a Lender By: /s/ Xxxxx X.

  • Xxxxxx Title: VICE PRESIDENT & Treasurer STARWOOD FINANCE EUROPE LIMITED, as an Alternate Currency Revolving Loan Borrower By: /s/ Xxxxxxx X.

  • Additionally, the Corporation unconditionally and irrevocably guarantees the payment of any and all of the Guaranteed Obligations to the Guaranteed Creditors whether or not due or payable by any Alternate Currency Revolving Loan Borrower or any other Guaranteed Party upon the occurrence of any of the events specified in Section 10.05, and unconditionally promises to pay such indebtedness to the Guaranteed Creditors, or order, on demand.

  • Xxxxxx Title: Attorney STARWOOD FINANCE EUROPE LIMITED, as an Alternate Currency Revolving Loan Borrower By: /s/ Xxxxxxx X.

  • Xxxxxx Title: Attorney SHERATON HOTELS (U.K.) PLC, as an Alternate Currency Revolving Loan Borrower By: /s/ Xxxxxxx X.


More Definitions of Alternate Currency Revolving Loan Borrower

Alternate Currency Revolving Loan Borrower appearing in Section 11.01 of the Credit Agreement is hereby amended by deleting said definition in its entirety and inserting the following new definition in lieu thereof:
Alternate Currency Revolving Loan Borrower means (i) the Corporate Borrowers, as joint and several obligors, and (ii) any Wholly-Owned Foreign Subsidiary of the Corporation that is found acceptable to, and approved in writing by, the Paying Agent. It is understood and agreed that, in approving any Alternate Currency Revolving Loan Borrower, the Paying Agent may restrict the Borrowings by such Alternate Currency Revolving Loan Borrower to less than all of the Alternate Currencies, in which case such Person shall constitute an Alternate Currency Revolving Loan Borrower with respect to only those Alternate Currencies as have been so approved by the Paying Agent.
Alternate Currency Revolving Loan Borrower means (i) the Corporation, (ii) Starwood Canada, and (iii) any other Wholly-Owned Foreign Subsidiary of the Corporation that is found acceptable to, and approved in writing by, the Administrative Agent which accedes to this Agreement as contemplated by Section 6.04, unless and until such other Wholly-Owned Foreign Subsidiary is removed as an “Alternate Currency Revolving Loan Borrower” pursuant to Section 13.12(c); provided that (x) Starwood Canada may only request and incur, and no other Alternate Currency Borrower may request or incur, extensions of credit under the Alternate Currency Revolving Loan Sub-Tranche relating to Canadian Dollar Revolving Loan Sub-Commitments, and (y) any other Alternate Currency Revolving Loan Borrower shall be restricted to extensions of credit under such Alternate Currency Revolving Loan Sub-Tranches as may be specified by the Administrative Agent at the time of its approval of such Person as an Alternate Currency Revolving Loan Borrower, in which case such Person shall constitute an Alternate Currency Revolving Loan Borrower with respect to only those Alternate Currency Revolving Loan Sub-Tranches as have been so approved by the Administrative Agent.
Alternate Currency Revolving Loan Borrower means (i) the Corporation and (ii) any Wholly-Owned Foreign Subsidiary of the Corporation that is found acceptable to, and approved in writing by, the Administrative Agent. It is understood and agreed that, in approving any Alternate Currency Revolving Loan Borrower, the Administrative Agent may restrict the Borrowings by such Alternate Currency Revolving Loan Borrower to less than all of the Alternate Currencies, in which case such Person shall constitute an Alternate Currency Revolving Loan Borrower with respect to only those Alternate Currencies as have been so approved by the Administrative Agent.

Related to Alternate Currency Revolving Loan Borrower

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

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

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Eurocurrency Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Revolving Loan Notes means the promissory notes of the Borrower provided pursuant to Section 2.1(e) in favor of any of the Revolving Lenders evidencing the Revolving Loan provided by any such Revolving Lender pursuant to Section 2.1(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • Canadian Revolving Commitment means, with respect to each Revolving Lender, the commitment, if any, of such Revolving Lender to make Canadian Revolving Loans hereunder up to the amount set forth on Schedule I to the Lender Addendum executed and delivered by such Lender or in the Assignment and Assumption pursuant to which such lender assumed its Canadian Revolving Commitment. The Canadian Revolving Commitment of each Revolving Lender is a sub-commitment of its Revolving Commitment and, as such, may be (a) reduced from time to time pursuant to Section 2.07 and (b) reduced or increased from time to time pursuant to assignments by or to such Revolving Lender pursuant to Section 11.04. The aggregate amount of the Lenders’ Canadian Revolving Commitments on the Closing Date is $40 million.

  • Other Revolving Credit Loans means one or more Classes of Revolving Credit Loans that result from a Refinancing Amendment.

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

  • Revolving Credit Loans as defined in Section 2.1.

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Base Rate Revolving Loan means a Revolving Loan that is a Base Rate Loan.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Revolving Credit Loan has the meaning specified in Section 2.01(b).

  • Revolving Loan Commitment means, for each Bank, the amount set forth opposite such Bank's name in Schedule I directly below the column entitled "Revolving Loan Commitment," as same may be (x) reduced from time to time pursuant to Sections 3.02, 3.03 and/or 10 or (y) adjusted from time to time as a result of assignments to or from such Bank pursuant to Section 1.13 or 13.04(b).

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars, Euros, Pound Sterling, Swiss Francs, Mexican Pesos, 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.

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

  • Canadian Borrowing means a borrowing consisting of simultaneous Canadian Loans of the same Type and, in the case of BA Equivalent Loans or LIBO Loans, having the same Interest Period made by each of the Canadian Lenders pursuant to Section 2.3.