Examples of Eurocurrency Loans in a sentence
If any payment (other than payments on the Eurocurrency Loans) under any Loan Document shall be due on a day that is not a Business Day, the date for payment shall be extended to the next succeeding Business Day unless the result of such extension would be to extend such payment into another calendar month, in which event DOCUMENT IMPORTED BY DOCUMENTATION TEAM, XXXXXX IMPORTED BY DOCUMENTATION TEAM, XXXXXX XXXXXXX FOR THE EXCLUSIVE USE OF GENERAL ACCESS NO.
Any such notice of conversion to BA Equivalent Loans or to Eurocurrency Loans outstanding in Dollars shall specify the length of the initial Interest Period or Interest Periods therefor.
The Borrower shall have the right at any time and from time to time to prepay the Loans of any Class in whole or in part, without premium or penalty (except as provided in Section 2.17 and Section 2.13(b)) in an aggregate principal amount, (i) in the case of Eurocurrency Loans, that is an integral multiple of $500,000 and not less than $2.0 million, and (ii) in the case of ABR Loans, that is an integral multiple of $100,000 and not less than $500,000, or, if less, the amount outstanding.
Such notice shall specify the date and amount of prepayment, whether the prepayment is of Eurocurrency Loans, ABR Loans or a combination thereof, and, if a combination thereof, the principal amount allocable to each, the applicable Tranche being repaid and if a combination thereof the principle amount allocable to each.
If any payment hereunder (other than payments on the Eurocurrency Loans or BA Equivalent Loans) becomes due and payable on a day other than a Business Day, the maturity of such payment 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.