Eurocurrency Office definition
Eurocurrency Office means, with respect to any Bank, the office of such Bank or Affiliate of such Bank, designated as such under such Bank's signature hereto, or such other office of such Bank or Affiliate of such Bank, as such Bank may hereafter from time to time designate as its Eurocurrency Office. A Eurocurrency Office may be, at the option of such Bank, either a domestic or foreign office of such Bank or a domestic or foreign office of an affiliate of such Bank.
Eurocurrency Office means with respect to any Lender the office or offices of such Lender which shall be making or maintaining the Eurocurrency Loans of such Lender hereunder or such other office or offices through which such Lender determines its Eurocurrency Rate. A Eurocurrency Office of any Lender may be, at the option of such Lender, either a domestic or foreign office.
Eurocurrency Office means, relative to any Lender, the office of such Lender designated as such opposite its name in Schedule II hereto or designated in the Lender Assignment Agreement or such other office of a Lender (or any successor or assign of such Lender) as designated from time to time by notice from such Lender to the Borrower and the Administrative Agent, whether or not outside the United States, which shall be making or maintaining Eurocurrency Loans of such Lender hereunder.
Examples of Eurocurrency Office in a sentence
All payments to be made by the Borrower hereunder in any currency other than Dollars shall be made to the Administrative Agent at its Eurocurrency Office or EURIBOR Lending Office, as applicable for such currency.
Without limiting the foregoing, each Lender will designate a different Eurocurrency Office if such designation will avoid (or reduce the cost to the Company of) any event described in clause (i) or (ii) of the preceding sentence and such designation will not, in such Lender's judgment, be otherwise disadvantageous to such Lender.
More Definitions of Eurocurrency Office
Eurocurrency Office means the office or offices of Lender which shall be making or maintaining the Eurocurrency Loans hereunder. A Eurocurrency Office may be, at the option of Lender, either a domestic or foreign office. Eurocurrency Rate means, for any Interest Period for any Eurocurrency Loan, a rate of interest equal to the quotient of (a) either (i) the per annum rate equal to the British Bankers Association LIBOR Rate (“BBA LIBOR”), as published by Reuters (or other commercially available source providing quotations of BBA LIBOR as designated by Lender from time to time) at approximately 11 a.m. (London time) two (2) Business Days prior to the commencement of such Interest Period, for deposits in the relevant currency (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period, or (ii) if Reuters or another commercially available source providing quotations of BBA LIBOR is not available or if the per annum rate of interest referred to in clause (a)(i) is not available for any other reason, the per annum rate of interest determined by Lender in its discretion to be the per annum rate of interest at which relevant currency deposits in an amount comparable to the amount of such Eurocurrency Loan and for a period equal to such Interest Period would be offered by the London office of Lender, or such other office of Lender or any of its parents, as Lender may designate, to major banks in the London or other offshore interbank market for such currency at their request at approximately 11:00 a.m. (London time) two (2) Business Days prior to the commencement of such Interest Period (the “Eurocurrency Base Rate”); divided by (b) a number determined by subtracting from 1.00 the then stated reserve percentage for determining reserves to be maintained by member banks of the Federal Reserve System for Eurocurrency funding or liabilities as defined in Regulation D (or any successor category of liabilities under Regulation D) applicable to Lender, such rate to remain fixed for such Interest Period. Event of Default means any of the events described in Section 13.1.
Eurocurrency Office means such non-United States office or international banking facility of any Lender as the Lenders may from time to time select.
Eurocurrency Office means the office of the Agent designated as such with its signature hereto and, thereafter, such other office or offices of the Agent (as designated from time to time by notice from the Agent to Sellers' Representative) which shall be funding the Undivided Interests of the Agent hereunder or such other office or offices through which the Agent
Eurocurrency Office means the office of the Agent designated as such with its signature hereto and, thereafter, such other office or offices of the Agent (as designated from time to time by notice from the Agent to Seller) which shall be funding the Undivided Interests of the Agent hereunder or such other office or offices through which the Agent determines the Eurocurrency Rate. A Eurocurrency Office of the Agent may be, at the option of the Agent, either a domestic or foreign office. "Eurocurrency Reserve Percentage" means, with respect to each Yield Period, the then applicable percentage (expressed as a decimal) prescribed by the Board of Governors of the Federal Reserve System (or any successor) for determining
Eurocurrency Office means, relative to Bank of America and any type of Eurocurrency Rate Loans, the office of Bank of America designated as such below its signature hereto or such other office of Bank of America as designated from time to time by notice from Bank of America to the Borrowers and the Agent, whether or not outside the United States, which shall be making or maintaining such type of Eurocurrency Rate Loans of Bank of America hereunder.