European Loans definition

European Loans means, individually and collectively, the European Revolving Loans, the European Swingline Loans and the European Protective Advances.
European Loans. The revolving credit loans made or to be made by the European Lenders to the European Borrower pursuant to §2.1.
European Loans means, collectively, the European Revolving Loans and the European Term Loans.

Examples of European Loans in a sentence

  • All payments by Funding 1 under this Agreement shall be made to the Funding 1 Liquidity Facility Provider's account at JPMorgan Chase Bank, N.A., Sort Code: 60-92-42, Account Reference: European Loans or to its account at such office or bank as it may notify to Funding 1 for this purpose.

  • All payments by Funding 1 under this Agreement shall be made to the Funding 1 Liquidity Facility Provider's account at JPMorgan Chase Bank, Sort Code: 60-92-42, Account Reference: European Loans or to its account at such office or bank as it may notify to Funding 1 for this purpose.

  • European Loans bear interest until they are converted or repaid in full (both before and after an Event of Default or judgment) at the European Rate in effect from time to time, plus the Applicable Margin.

  • All payments by Funding 1 under this Agreement shall be made to the Funding 1 Liquidity Facility Provider’s account at JPMorgan Chase Bank, Sort Code: 60-92-42, Account Reference: European Loans or to its account at such office or bank as it may notify to Funding 1 for this purpose.

  • The Lenders listed on Schedule II, acting in their role as lenders of the European Loans and any other Person who becomes an assignee of any rights and obligations of a European Lender pursuant to §20.

  • Within five Business Days following the last day of each March, June, September and December, each Local Lender shall deliver to the Administrative Agent a statement showing the average daily principal amount of Local European Loans in each currency during the calendar quarter most recently ended and the principal amount of Local European Loans in each currency which was outstanding on the last day of such quarter.

  • Each borrowing of Local European Loans that is denominated in Dollars shall be in an aggregate minimum amount of $100,000 or a whole multiple thereof and each such borrowing that is denominated in an Optional Currency shall be in an aggregate minimum amount equal to at least 50,000 units in such Optional Currency or a whole multiple of 10,000 units in excess thereof (and equal to or greater than the Local Equivalent of $100,000).

  • Each borrowing of Syndicated European Loans that is denominated in Dollars shall be in an aggregate minimum amount of $2,000,000 or a whole multiple of $1,000,000 in excess of that amount and each such borrowing that is denominated in an Optional Currency shall be in an integral multiple of 100,000 units in such Optional Currency and equal to or greater than the Local Equivalent of $2,000,000.

  • Any Local European Loans made by such Local Lender which are outstanding on such termination date shall be due and payable on such termination date.

  • Upon the effectiveness of any such transfer the outstanding European Loans, Canadian Loans and Australian Loans shall be repaid with advances made to the Domestic Borrowers under the Aggregate Domestic Revolving Loan Commitments, advanced by the Lenders in such manner that after giving effect thereto, the percentage of the outstanding Loans and Letter of Credit Obligations of each Lender will equal such Lender’s Commitment Percentage of all outstanding Loans and Letter of Credit Obligations.


More Definitions of European Loans

European Loans means a loan denominated in an Available European Currency and made by a Bank to a European Borrower pursuant to Section 2.01(b) for availability through the Tranche A European Sub-Agent in London, England.

Related to European Loans

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • U.S. Loans means, individually and collectively as the context may require, the U.S. Revolving Loans, the Swingline Loans and the U.S. Protective Advances.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Revolving Loans as defined in Section 2.4(a).

  • 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.

  • U.S. Revolving Loans means the revolving loans made to the U.S. Borrowers pursuant to Section 2.1(a)(i), or any amendment to this Agreement entered into pursuant to Section 2.5, 2.6 or 2.7, each Agent Advance made to a U.S. Borrower and each U.S. Swingline Loan.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

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

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

  • Alternative Currencies means (a) Euro, (b) Sterling, (c) Yen and (d) each other currency (other than Dollars) approved in accordance with Section 1.08.

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Domestic Loans means CD Loans or Base Rate Loans or both.

  • Canadian Prime Rate Loans means any Canadian Dollar Revolving Loan during the period which it bears interest at a rate determined by reference to the Canadian Prime Rate.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Fixed Rate Loans means Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

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

  • Existing Revolving Loans has the meaning specified in Section 2.16(a).

  • New Revolving Loans as defined in Section 2.25.

  • Swing Loans means collectively and “Swing Loan” shall mean separately all Swing Loans or any Swing Loan made by the Swingline Lender to the Borrower pursuant to Section 2.6.3 [Making Swing Loans].

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

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.