Eurocurrency Competitive Loan definition

Eurocurrency Competitive Loan means any Competitive Loan bearing interest at a rate determined by reference to the LIBO Rate in accordance with the provisions of Article II.

Eurocurrency Competitive Loan means any Competitive Loan bearing interest at a rate determined by reference to, in the case of Eurocurrency Competitive Loan denominated in Dollars or any Alternative Currency (other than Euros), the LIBO Rate and, in the case of Eurocurrency Competitive Loans denominated in Euros, the EURIBO Rate in accordance with the provisions of Article II.

Eurocurrency Competitive Loan means any Competitive Loan which is a Eurocurrency Loan.

Examples of Eurocurrency Competitive Loan in a sentence

• The Interest Period with respect to a Eurocurrency Competitive Loan shall in no case be less than one month’s duration.

• Each Competitive Bid by a Lender must be received by the Administrative Agent by telecopy, in the form of Exhibit A-3 hereto, (i) in the case of a Eurocurrency Competitive Loan, not later than 9:30 a.m., New York City time, three Business Days before a proposed Competitive Borrowing and (ii) in the case of a Fixed Rate Borrowing, not later than 9:30 a.m., New York City time, on the day of a proposed Competitive Borrowing.

• Each Competitive Bid by a Lender must be received by the Administrative Agent by fax, in the form of Exhibit A-3 hereto, (i) in the case of a Eurocurrency Competitive Loan, not later than 9:30 a.m., New York City time, three Business Days before a proposed Competitive Borrowing and (ii) in the case of a Fixed Rate Borrowing, not later than 9:30 a.m., New York City time, on the day of a proposed Competitive Borrowing.

• Each Competitive Bid by a Lender must be received by the Administrative Agent by telecopy, in the form of Exhibit A-3 hereto, (i) in the case of a Eurocurrency Competitive Loan, not later than 10:30 a.m., New York City time, three Business Days before a proposed Competitive Borrowing and (ii) in the case of a Fixed Rate Borrowing, not later than 10:30 a.m., New York City time, on the day of a proposed Competitive Borrowing.

• The Loans comprising each Eurocurrency Borrowing shall bear interest (i) in the case of a Eurocurrency Revolving Loan, at the Adjusted LIBO Rate for the Interest Period in effect for such Borrowing plus the Applicable Rate, or (ii) in the case of a Eurocurrency Competitive Loan, at the LIBO Rate for the Interest Period in effect for such Borrowing plus (or minus, as applicable) the Margin applicable to such Loan.

More Definitions of Eurocurrency Competitive Loan

Eurocurrency Competitive Loan any Competitive Loan bearing interest at a rate determined by reference to the Eurocurrency Base Rate.

Eurocurrency Competitive Loan means any Competitive Loan bearing interest at a rate determined by reference to, in the case

Eurocurrency Competitive Loan means a Competitive Bid Loan bearing interest at a rate determined by reference to the Eurocurrency Rate.

Eurocurrency Competitive Loan means any Competitive Loan which is a EurocurrencyLoan.

Eurocurrency Competitive Loan means any Competitive Loan bearing interest at a rate determined by reference

Eurocurrency Competitive Loan means any Competitive Loan (including any Competitive Loan denominated in any Foreign Currency) bearing interest at a rate determined by reference to the IBO Rate in accordance with the provisions of Article II.

Eurocurrency Competitive Loan means any Competitive Loan bearing interest at a rate determined by reference to, in the case of Eurocurrency Competitive Loan denominated in Dollars or any Alternative