Examples of EUR Revolving Loan in a sentence
Borrowings of more than one Type and Class may be outstanding at the same time; provided that there shall not at any time be more than a total of (i) ten (10) Eurodollar Borrowings outstanding or (ii) seven (7) EUR Revolving Loan Borrowings outstanding.
The EUR Agent will make such Loans available to the EUR Borrower by promptly crediting the amounts so received, in like funds, to an account of the EUR Borrower designated by the EUR Borrower in the applicable Notice of EUR Revolving Loan Drawdown.
Any termination or reduction of the US or EUR Revolving Loan Commitments shall be permanent (but shall not affect the right of the Borrowers to request an increase in such commitments pursuant to Section 2.19).
Each reduction of the Revolving Loan Commitments shall be made ratably among the Lenders in accordance with their respective US or EUR Revolving Loan Commitments, as the case may be.
Similar restrictions apply to distributions to related entities or activities excluded from the mortgagor.
If the EUR Borrower fails to deliver a timely notice with respect to a EUR Revolving Loan Borrowing three (3) TARGET Days prior to of the end of the Term applicable thereto, then, unless such Borrowing is repaid as provided herein, at the end of such Term, such Borrowing shall automatically continue as a EURIBOR Borrowing with a Term of one month.
The Equivalent Amount in Euros of each EUR Revolving Loan shall be recalculated hereunder on each date on which it shall be necessary to determine the amount of any Loan or Loans outstanding hereunder on such date.