Examples of Alternative Currency Swing Line Lender in a sentence
Each such notice must be received by the Alternative Currency Swing Line Lender and the Administrative Agent not later than 2:00 p.m. on the requested borrowing date, and shall specify (i) the amount to be borrowed, which shall be a minimum of $500,000, and (ii) the requested borrowing date, which shall be a Business Day.
Each such telephonic notice must be confirmed promptly by delivery to the Alternative Currency Swing Line Lender and the Administrative Agent of a written Alternative Currency Swing Line Loan Notice, appropriately completed and signed by a Responsible Officer of the Company.
Although modifications to loan terms and debt-equity swaps are not "direct transfers of funds" within the meaning of sub-paragraph (i) of Article 1.1(a)(1), they might, in appropriate circumstances, be considered "foregone government revenue" within the meaning of sub- paragraph (ii) of that provision.
The Administrative Agent shall remit the funds so received to the Alternative Currency Swing Line Lender.
Even for employ- ment programmes "more needs to be known about the local resource endowments, the potential for aug- menting them and the 'type of policies needed for ex- ploiting them fully." Many of these problems and in- dividual and institutional resistance, in their solutions can best be dealt with at local level, where the whole problem of area development", includi'ng , adult' 'and elementary education, rural health, etc.
Immediately upon the making of an Alternative Currency Swing Line Loan, each Alternative Currency Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Alternative Currency Swing Line Lender a risk participation in such Alternative Currency Swing Line Loan in an amount equal to the product of such Lender’s Applicable Alternative Currency Percentage times the amount of such Alternative Currency Swing Line Loan.
Each Alternative Currency Swing Line Borrowing shall be made upon the Company’s irrevocable notice to the Alternative Currency Swing Line Lender and the Administrative Agent, which may be given by: (i) telephone or (ii) an Alternative Currency Swing Line Loan Notice; provided that any telephonic notice must be confirmed promptly by delivery to the Alternative Currency Swing Line Lender and the Administrative Agent of an Alternative Currency Swing Line Loan Notice.
Immediately upon the making of an Alternative Currency Swing LineLoan, each Alternative Currency Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Alternative Currency Swing Line Lender a risk participation in such Alternative Currency Swing Line Loan in an amount equal to the product of such Lender’s Applicable Alternative Currency Percentage times the amount of such Alternative Currency Swing Line Loan.
Each Alternative Currency Swing Line Borrowing shall be made upon the Company’s irrevocable notice to the Alternative Currency Swing Line Lender and the Administrative Agent, which may be given by telephone.
The Alternative Currency Swing Line Lender shall be responsible for invoicing the Company for interest on the Alternative Currency Swing Line Loans.