EURIBOR Loan definition

EURIBOR Loan means a Loan that bears interest by reference to EURIBOR.

EURIBOR Loan means any Revolving Loan or European Swingline Loan bearing interest at a rate determined by reference to the Adjusted EURIBOR Rate in accordance with the provisions of ARTICLE II.

EURIBOR Loan means a Loan or any portion thereof bearing interest by reference to the Euribor Rate.

Examples of EURIBOR Loan in a sentence

• Each Lender, at its option, may make any Eurocurrency Loan or EURIBOR Loan by causing any domestic or foreign branch or Affiliate of such Lender to make such Loan (so long as such election of a foreign branch or Affiliate does not increase the Borrowers’ costs hereunder); provided that any exercise of such option shall not affect the obligation of the applicable Borrower to repay such Loan in accordance with the terms of this Agreement.

• Each Lender at its option may make any Eurocurrency Loan or EURIBOR Loan by causing any domestic or foreign branch or Affiliate of such Lender to make such Loan; provided that any exercise of such option shall not affect the obligation of the Borrower to repay such Loan in accordance with the terms of this Agreement.

• If any payment on a Eurodollar Loan or EURIBOR Loan becomes due and payable on a day other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day (and, with respect to payments of principal, interest thereon shall be payable at the then applicable rate during such extension) unless the result of such extension would be to extend such payment into another calendar month, in which event such payment shall be made on the immediately preceding Business Day.

• Each European Swingline Loan (i) made in Dollars shall be a Base Rate Loan, (ii) made in GBP or Swiss Francs shall be a Eurocurrency Loan with an Interest Period between two days and seven days and (iii) made in Euros shall be a EURIBOR Loan with an Interest Period between two days and seven days.

• The deemed payments made pursuant to clause (ii) of the immediately preceding sentence shall be accompanied by payment of all accrued interest on the amount prepaid and, in respect of each LIBOR Loan, CDOR Loan and EURIBOR Loan, shall be subject to indemnification by the Borrowers pursuant to the provisions of Section 2.16 if the deemed payment occurs other than on the last day of the related Interest Periods.

More Definitions of EURIBOR Loan

EURIBOR Loan means each Loan that bears interest at a rate determined by reference to XXXXXXX.

EURIBOR Loan means a Loan made by a Lender to Swiss Borrower in Euros in accordance with the provisions hereof, bearing interest by reference to the EURIBOR;

EURIBOR Loan means each UK Revolving Loan denominated in Euros bearing interest at a rate determined by reference to EURIBOR.

EURIBOR Loan means, in respect of a Borrower, a Loan to such Borrower under the Revolving Facility Loan denominated in Euro that bears interest at a rate determined by reference to EURIBOR in accordance with the provisions of Article II.

EURIBOR Loan means any Eurocurrency Rate Loan which is denominated in Euros and bears interest at a rate determined in accordance with clause (b) of the definition of Eurocurrency Rate in this Section 1.01.

EURIBOR Loan means a Loan bearing interest at the rate specified in Section 1.4(c) hereof.

EURIBOR Loan each Loan the rate of interest applicable to which is based upon EURIBOR.