Eurodollar Deposits definition
Examples of Eurodollar Deposits in a sentence
Nonetheless, all such determinations shall be made as if each Lender had actually funded and maintained its LIBOR Loans through the purchase of Eurodollar Deposits.
Cash Eurodollar Deposits, each with a stated maturity the duration of which shall not exceed two years.
Eurodollar Deposits Unavailable or Interest Rate Unascertainable.
If the Bank notifies Borrower prior to the disbursement or Rollover of an Advance, or prior to converting a Base Rate Advance to LIBOR, that for any reason Eurodollar Deposits are unavailable to the Bank for funding Advances, then Borrower’s right to select LIBOR Advances shall be suspended until the Bank notifies Borrower that the circumstances causing such suspension no longer exist.
INCREASED CAPITAL; TAXES 30 Section 3.1. Reserves or Deposit Requirements, Etc 30 Section 3.2. Tax Law, Etc 31 Section 3.3. Eurodollar Deposits Unavailable or Interest Rate Unascertainable 32 Section 3.4. Indemnity 32 Section 3.5. Changes in Law Rendering LIBOR Loans Unlawful 32 Section 3.6. Funding 33 Section 3.7. Capital Adequacy 33 ARTICLE IV.
Eurodollar Deposits: Dollar-denominated deposits at foreign banks or foreign branches of American banks.
ADDITIONAL PROVISIONS RELATING TO LIBOR LOANS; INCREASED CAPITAL; TAXES 31 Section 3.1. Reserves or Deposit Requirements, Etc 31 Section 3.2. Tax Law, Etc 31 Section 3.3. Eurodollar Deposits Unavailable or Interest Rate Unascertainable 32 Section 3.4. Indemnity 32 Section 3.5. Changes in Law Rendering LIBOR Loans Unlawful 33 Section 3.6. Funding 33 Section 3.7. Capital Adequacy 33 ARTICLE IV.
The short-term loan involved offered yields superior to comparable money market instruments for placement of the participant's excess cash at interest, such as in Federal Funds, Commercial Paper, Certificates of Deposit or Eurodollar Deposits.
Eurodollar Deposits: U.S. dollar-denominated deposits at foreign banks or foreign branches of American banks.