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.
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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.
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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.
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Examples of Eurocurrency Office in a sentence

  • 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.

  • 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.

  • Xxxxxx Title: Assistant Vice President Fiftx Xxxxxx xxx Xxxx Xxxxxx Xxxxxxxxxx, XX 00000 Eurocurrency Office: Fiftx Xxxxxx xxx Xxxx Xxxxxx Xxxxxxxxxx, XX 00000 with notice to: PNC Bank, National Association 500 Xxxx Xxxxxxx, Xxxxx 0000 Xxxxxxx, Xxxxxxxx 00000 Phone: (312) 000-0000 Facsimile: (312) 000-0000 Attention: Richxxx X.

  • Xxxxxx Title: Assistant Vice President One PNC Plaza 000 Xxxxx Xxxxxx 0xx Xxxxx Xxxxxxxxxx, Xxxxxxxxxxxx 00000-0000 Eurocurrency Office: One PNC Plaza 000 Xxxxx Xxxxxx 0xx Xxxxx Xxxxxxxxxx, Xxxxxxxxxxxx 00000-0000 with notice to: PNC Bank, National Association 000 Xxxx Xxxxxxx, Xxxxx 0000 Xxxxxxx, Xxxxxxxx 00000 Phone: (000) 000-0000 Facsimile: (000) 000-0000 Attention: Xxxxxxx X.


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.
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Eurocurrency Office means such non-United States office or international banking facility of any Lender as such Lender may from time to time select.
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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.
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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
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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
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Related to Eurocurrency Office

  • Eurodollar Office means with respect to any Bank the office or offices of such Bank which shall be making or maintaining the Eurodollar Loans of such Bank hereunder or, if applicable, such other office or offices through which such Bank determines the Eurodollar Rate. A Eurodollar Office of any Bank may be, at the option of such Bank, either a domestic or foreign office.

  • Eurocurrency when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Adjusted LIBO Rate.

  • Eurocurrency Lending Office means, with respect to any Lender, the office of such Lender specified as its “Eurocurrency Lending Office” in its Administrative Questionnaire delivered to the Agent, or such other office of such Lender as such Lender may from time to time specify to the Borrower and the Agent.

  • Eurodollar when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Adjusted LIBO Rate.

  • Eurocurrency Base Rate means, for such Interest Period:

  • Eurocurrency Interest Period means with respect to any Eurocurrency Rate Borrowing, the period commencing on the date of such Borrowing and ending on the numerically corresponding day in the calendar month that is one, two, three or six months (or, to the extent agreed to by the Agent and each Lender making such Eurocurrency Rate Borrowing, twelve months or any shorter period) thereafter, as a Borrower may elect; provided that (a) if any Eurocurrency Interest Period would end on a day other than a Business Day, such Eurocurrency Interest Period shall be extended to the next succeeding Business Day unless such next succeeding Business Day would fall in the next calendar month, in which case such Eurocurrency Interest Period shall end on the next preceding Business Day, (b) any Eurocurrency Interest Period that commences on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the last calendar month of such Eurocurrency Interest Period) shall end on the last Business Day of the last calendar month of such Eurocurrency Interest Period and (c) no Eurocurrency Interest Period for any (i) Eurocurrency Rate Revolving Loan shall end after the latest Scheduled Termination Date for the applicable Revolving Commitments under the applicable Revolving Facility or (ii) Eurocurrency Rate Term Loans shall end after the stated maturity date of such Term Loans.

  • Eurocurrency Payment Office of the Administrative Agent shall mean, for each Foreign Currency, the office, branch, affiliate or correspondent bank of the Administrative Agent for such currency as specified from time to time by the Administrative Agent to the Company and each Lender.

  • Eurocurrency Loans Loans the rate of interest applicable to which is based upon the Eurocurrency Rate.

  • Eurocurrency Rate Advance means a Revolving Credit Advance denominated in Dollars or a Committed Currency that bears interest as provided in Section 2.07(a)(ii).

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

  • Eurocurrency Advance means an Advance which, except as otherwise provided in Section 2.12, bears interest at the applicable Eurocurrency Rate.

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

  • Eurodollar Lending Office means, with respect to any Lender, the office of such Lender specified as its "Eurodollar Lending Office" opposite its name on Schedule I hereto or in the Assignment and Acceptance pursuant to which it became a Lender (or, if no such office is specified, its Domestic Lending Office), or such other office of such Lender as such Lender may from time to time specify to the Borrower and the Agent.

  • Eurocurrency Tranche the collective reference to Eurocurrency Loans under a particular Facility the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

  • LIBO Rate Advances means a Competitive Bid Advance denominated in Dollars or in any Foreign Currency and bearing interest based on the LIBO Rate.

  • Eurodollar Rate Borrowing means a Borrowing comprised of Eurodollar Rate Loans.

  • Eurocurrency Borrowing means a Borrowing comprised of Eurocurrency Loans.

  • LIBOR Lending Office means, initially, the office(s) of each Lender designated as such Lender’s LIBOR Lending Office in such Lender’s Administrative Questionnaire; and thereafter, such other office of such Lender as such Lender may from time to time specify to the Administrative Agent and the Borrower as the office of such Lender at which the LIBOR Rate Loans of such Lender are to be made.

  • LIBOR Office means the office of a Lender designated as its “LIBOR Office” on Schedule II hereto or in a Lender Assignment Agreement, or such other office 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 the LIBO Rate Loans of such Lender.

  • Eurodollar Rate Loans means any Loans or portion thereof on which interest is payable based on the Adjusted Eurodollar Rate in accordance with the terms hereof.

  • Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.06(a)(ii).

  • Eurodollar Market means a regular established market located outside the United States of America by and among banks for the solicitation, offer and acceptance of Dollar deposits in such banks.

  • LIBO Rate Advance means a Pro Rata Advance that bears interest as provided in Section 2.04(a)(ii).

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

  • Eurocurrency Reserve Requirement means the sum (without duplication) of the rates (expressed as a decimal) of reserves (including, without limitation, any basic, marginal, supplemental, or emergency reserves) that are required to be maintained by banks during the Interest Period under any regulations of the Federal Reserve Board, or any other governmental authority having jurisdiction with respect thereto, applicable to funding based on so-called “Eurocurrency Liabilities”, including Regulation D (12 CFR 224).

  • LIBOR Loans means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.