Available Currency Rate definition

Available Currency Rate means, in relation to any Interest Period and the related Available Currency Borrowing:
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Available Currency Rate when used with respect to a Borrowing made by a Lender through a lending office located in the United Kingdom shall be calculated to include the Mandatory Cost. Canadian Dollar Borrowings made to a Canadian Borrower shall not bear interest at the Available Currency Rate.
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Examples of Available Currency Rate in a sentence

  • The Loans comprising each Available Currency Borrowing shall bear interest at the Available Currency Rate for the Interest Period in effect for such Borrowing plus the Applicable Rate.

  • The Available Currency Rate is not available for Canadian Currency Loans made to the Canadian Borrowers.

  • The applicable Alternate Base Rate, Canadian Prime Rate, Eurodollar Rate, CDOR Rate or Available Currency Rate shall be determined by the Administrative Agent, and such determination shall be conclusive absent manifest error.

  • The applicable Alternate Base Rate, Eurodollar Rate or Available Currency Rate shall be determined by the Administrative Agent, and such determination shall be conclusive absent manifest error.

  • The applicable Alternate Base Rate, Canadian Prime Rate, Adjusted LIBO Rate, CDOR Rate or Available Currency Rate shall be determined by the Administrative Agent, and such determination shall be conclusive absent manifest error.