Eurodollar Funding definition

Eurodollar Funding means a Funding that bears interest (with respect to the Loans included therein) and Holder Yield (with respect to the Holder Fundings included therein) based on the Eurodollar Rate.
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Eurodollar Funding means any funding the Discount with respect to which is determined pursuant to clause (ii) of the definition of Discount.
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Eurodollar Funding means any Funding which bears interest at a rate determined by reference to a Eurodollar Rate, including Eurodollar Advances.
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Examples of Eurodollar Funding in a sentence

  • If any such conversion of a portion of a Eurodollar Funding occurs on a day which is not the last day of the related Eurodollar Funding Period, the Borrower shall pay to such APA Bank such amounts, if any, as may be required to compensate such APA Bank pursuant to Section 7.6 hereof.

  • Accrued interest on each Eurodollar Funding shall be payable on the last day of the Interest Period relating to such Eurodollar Funding; provided, however, that if any Interest Period is longer than three (3) months, interest shall be payable in arrears (3) three months, or a whole multiple thereof, after the first day of such Interest Period and on the last day of the Interest Period.

  • If a Conversion/Continuation Notice has not been timely delivered with respect to any ABR Funding or Eurodollar Funding, such Funding shall be automatically continued as, or converted to, an ABR Funding.

  • If a Termination Event or Potential Termination Event has occurred and is continuing, then, for so long as any such Termination Event or Potential Termination Event is continuing, (i) no outstanding Funding may be converted to, or continued as, a Eurodollar Funding, (ii) unless repaid, each Eurodollar Funding shall be converted to an ABR Funding on the next succeeding Interest Payment Date related thereto.

  • Eurodollar Funding Address (if different than #3): Street Address: Suite/ Mail Code: Suite/ Mail Code: City: State: City: State: Postal Code: Country: Postal Code: Country: 5.

  • Each conversion of a Funding shall be on a Business Day, and the aggregate amount of each such conversion of a Floating Rate Funding to a Eurodollar Funding shall be in an amount equal to $1,000,000 or a higher integral multiple of $1,000,000.

  • Prior to the occurrence of a Termination Event or a Potential --------- Termination Event, (a) each ABR Funding hereunder may, at the option of the Borrower, be converted to a Eurodollar Funding, (b) each Eurodollar Funding hereunder may, at the option of the Borrower, be continued as a Eurodollar Funding or converted to an ABR Funding.

  • Each such notice shall be in writing or by telephone or telecopy transmission, to be confirmed in writing by the Co-Borrowers if so requested by the Bank (in the form of Exhibit E), shall be irrevocable, effective when received by the Bank, and shall specify the first day of the applicable Interest Period, the amount of the expiring Eurodollar Funding to be continued and the Interest Period therefor.

  • Each Bank, if it so elects, may fulfill its agreements hereunder with respect to any Eurodollar Funding by causing a foreign branch or affiliate of such Bank to make such Eurodollar Funding; provided, that in such event the obligation of the Borrower to repay such Eurodollar Funding shall nevertheless be to such Bank and such Eurodollar Funding shall be deemed held by such Bank for the account of such branch or affiliate.

  • So long as no Default or Event of Default shall exist, the Co-Borrowers may convert all or any part of any outstanding Floating Rate Funding under the Revolving Facility into a Eurodollar Funding by giving notice to the Bank of such conversion not later than 11:00 a.m., Local Time, on a Business Day which is at least three (3) Business Days prior to the date of the requested conversion.