Alternative Currency Loans definition

Alternative Currency Loans means any Loan denominated in an Alternative Currency.
Alternative Currency Loans means the Revolving Loans that are denominated in Alternative Currencies. Each Alternative Currency Loan shall be a Eurocurrency Rate Loan.
Alternative Currency Loans means all such Alternative Currency Loans collectively.

Examples of Alternative Currency Loans in a sentence

  • Each prepayment of principal of, and interest on, Alternative Currency Loans shall be made in the relevant Alternative Currency.

  • All computations of interest for Alternative Currency Loans shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed, or, in the case of interest in respect of Alternative Currency Loans as to which market practice differs from the foregoing, in accordance with such market practice.

  • In the case of any such request pertaining to Alternative Currency Loans, the Administrative Agent shall promptly notify each Lender thereof; and in the case of any such request pertaining to Letters of Credit, the Administrative Agent shall promptly notify the L/C Issuer thereof.

  • All payments shall be in Dollars except for payments of principal, interest and fees on Alternative Currency Loans and Reimbursement Obligations with respect to Alternative Currency Letters of Credit, which shall be in the applicable Alternative Currency thereof.

  • Except as provided in the last sentence of this paragraph or Section 2.14(a), each Borrowing of, conversion to or continuation of Eurocurrency Rate Loans shall be in a minimum principal amount of $5,000,000 or €5,000,000, as applicable, or a whole multiple of $1,000,000 or €1,000,000, as applicable, in excess thereof (or comparable amounts determined by the Administrative Agent in the case of Alternative Currency Loans denominated in a currency other than Euros).


More Definitions of Alternative Currency Loans

Alternative Currency Loans means Offshore Rate Loans denominated in a currency other than Dollars.
Alternative Currency Loans has the meaning set forth in Section 2.01(a).
Alternative Currency Loans individually and collectively, each Loan by a Lender to any Borrower under Section 2.1(b) of this Agreement.
Alternative Currency Loans means all Revolving Credit Loans made, continued or issued in an Alternative Currency.
Alternative Currency Loans means, with respect to any Alternative Currency Lender, such Lender’s Loans made pursuant to Section 2.2 in an Alternative Currency. Unless specifically stated otherwise herein, the provisions of this Agreement applicable to Loans shall apply equally to Alternative Currency Loans.
Alternative Currency Loans means Loans which are denominated in an Alternative Currency.
Alternative Currency Loans means all Loans other than Base Rate Loans and Loans denominated in US Dollars.