Examples of Euro Revolving Loans in a sentence
Euro Revolving Loans shall consist of Fixed LIBOR Rate Loans, as the applicable Borrowers may request, and may be repaid and reborrowed in accordance with the provisions hereof.
All Original Euro Revolving Loans comprising the same Borrowing hereunder shall be made by the Original Euro Revolving Lenders simultaneously and in proportion to their respective Original Euro Revolving Commitments.
The Revolving Loans may from time to time be (1) Eurodollar Loans or ABR Loans, in the case of US Revolving Loans, (2) US Base Rate Loans, in the case of US Revolving Loans borrowed by any Canadian Borrower, (3) Canadian Prime Rate Loans or Banker’s Acceptances, in the case of Canadian Revolving Loans or (4) EURIBOR Loans, in the case of Euro Revolving Loans, in each case as determined by the relevant Borrower and notified to the Administrative Agent in accordance with Sections 2.2, 2.3 and 2.11.
All amounts required to be paid pursuant to this Section 2.05(b)(i)(B) shall be applied to Euro Revolving Loans.
Each Revolving Credit Borrowing of Euro Revolving Loans shall be in an aggregate amount of not less than the Dollar Equivalent of $1,000,000 or an integral multiple of the Dollar Equivalent of $500,000 in excess thereof.
The Borrower shall repay to the Euro Lenders on the Maturity Date the aggregate principal amount of all Euro Revolving Loans outstanding on such date.
If a Borrower fails to specify a currency in a Loan Notice for Loans (other than Euro Revolving Loans, the Tranche A-6 Term Loan or the Tranche A-7 Term Loan) requesting a Borrowing, then the Loans so requested shall be made in Dollars.
Prior to the Euro Revolving Termination Date, Euro Revolving Loans may be repaid and reborrowed by U.S. Borrower, European Borrower and the Subsidiary Borrowers in accordance with the provisions hereof and, except as otherwise specifically provided in Section 3.6 all Euro Revolving Loans comprising the same Borrowing shall at all times be of the same Type.
All Euro Revolving Loans comprising the same Borrowing hereunder shall be made by the Euro Revolving Lenders simultaneously and in proportion to their respective Euro Revolving Commitments.
If for any reason (1) the Total Revolving Outstandings at any time exceed the Maximum Permitted Revolving Outstandings or (2) the Total Euro Revolving Outstandings at any time exceed the Aggregate Euro Revolving Commitments then in effect, the Borrower shall immediately prepay the Euro Revolving Loans in an aggregate amount equal to such excess.