Approved Currency definition

Approved Currency means each of Dollars and each Alternative Currency.
Approved Currency means each of (i) Dollars and (ii) any other currency that is approved in accordance with Section 1.09.
Approved Currency means Dollars and any Alternative Currency.

Examples of Approved Currency in a sentence

  • No Loan may be converted into or continued as a Loan denominated in another Approved Currency, but instead must be prepaid in the original Approved Currency or reborrowed in another Approved Currency.

  • If the Borrower fails to specify an Approved Currency of a Loan in a Committed Loan Notice, such Loan shall be made in Dollars.

  • Thereafter, the obligation of the Lenders to make or maintain Eurocurrency Rate Loans in the affected Approved Currency shall be suspended until the Administrative Agent (upon the instruction of the Required Lenders) revokes such notice.

  • All payments or repayments of Loans made pursuant to this Section 2.04(a) shall be made in the Approved Currency in which such Loan is denominated.

  • All interest paid or payable pursuant to this Section 2.06 shall be paid in the Approved Currency in which the Loan giving rise to such interest is denominated.


More Definitions of Approved Currency

Approved Currency. All currencies other than sterling specified in or pursuant to the Special Conditions;
Approved Currency means, for a Currency Conversion, any Currency approved by the Bank, which, upon the Conversion, becomes the Loan Currency.
Approved Currency means each of dollars and Euro.
Approved Currency means each of (i) Dollars, (ii) euros, (iii) Sterling, (iv) Yen and (v) Australian Dollars.
Approved Currency means with respect to any Revolving Credit Loan, each of (i) Dollars, (ii) euros, (iii) Sterling, (iv) Canadian Dollars, (v) subject to the Yen Sublimit, Yen and (vi) any other currency that is approved in accordance with Section 1.11.
Approved Currency means each of dollars and Canadian dollars.
Approved Currency means each of Dollars, Euros, Canadian Dollars or any Other Foreign Currency.