Foreign Currency Revolving Loan definition

Foreign Currency Revolving Loan shall have the meaning assigned to such term in Section 2.03.
Sample 1Sample 2Sample 3
Foreign Currency Revolving Loan means any Revolving Loan denominated in a Foreign Currency.
Sample 1Sample 2Sample 3
Foreign Currency Revolving Loan means, as the context may require, a Committed Foreign Currency Revolving Loan or an Uncommitted Revolving Loan.
Sample 1Sample 2

Examples of Foreign Currency Revolving Loan in a sentence

  • Subject to the terms and conditions contained herein, funds advanced by the Lenders pursuant to any Revolving Loan may be in U.S. dollars (a "U.S. Dollar Revolving Loan") or a Foreign Currency (a "Foreign Currency Revolving Loan").

  • Loans hereunder are distinguished by “Class” and “Type.” The “Class” of a Loan (or of a Commitment to make such a Loan or of a Borrowing comprised of such Loans) refers to whether such Loan is a Dollar Revolving Loan, Foreign Currency Revolving Loan, New Revolving Loan, Term A Loan, Term B Loan, Incremental Term Loan, Extended Revolving Commitments or Extended Term Loans.

  • The “Type” of a Loan refers to whether such Loan is a Base Rate Loan, Dollar LIBOR Loan, or Foreign Currency Revolving Loan.

  • Any Foreign Currency Revolving Loan Commitment Addendum entered into pursuant to this Section 2.5 shall become effective upon (and subject to) the Company's delivery of a duly executed copy thereof to the Administrative Agent pursuant to Section 11.2 hereof.

  • From the date of the first Foreign Currency Revolving Loan and until all Foreign Currency Revolving Loans are paid in full, the Company shall pay to the Bank all accrued and unpaid interest on the Foreign Currency Revolving Loans on the applicable Interest Payment Date, commencing with the first Interest Payment Date following the date of the first Foreign Currency Revolving Loans.

  • Subject to the terms of this Agreement, the Company may borrow, repay (in whole or in part) and reborrow at any time prior to the Termination Date for Foreign Currency Revolving Loans, provided that payments on any Foreign Currency Revolving Loan may be made only at the end of the applicable Interest Period.

  • Each Loan Request shall be received by the Bank not later than 12:00 Noon (Milwaukee, Wisconsin time) on the requested Borrowing Date for a Revolving Loan and by 12:00 Noon (Milwaukee, Wisconsin time) three (3) Business Days before the Borrowing Date for a Foreign Currency Revolving Loan.

  • Each Designated Foreign Currency Revolving Loan shall be made as part of a Borrowing consisting of Designated Foreign Currency Revolving Loans made pursuant to the same Designated Foreign Currency Supplement, denominated in the same Designated Foreign Currency and made by the applicable Fronting Lenders ratably in accordance with their respective applicable Designated Foreign Currency Commitments.

  • The Company shall cause to be in effect Letters of Credit or availability under the Foreign Currency Revolving Loan Commitment in an aggregate principal amount equal to the outstanding principal amount of all outstanding Indebtedness set forth in Item 6.2 ("Contractual Restrictions") of the Disclosure Schedule as to which any default or event of default exists on the Closing Date.


More Definitions of Foreign Currency Revolving Loan

Foreign Currency Revolving Loan means, as the context may require, an Australian Revolving Loan or a Canadian Revolving Loan.
Sample 1
Foreign Currency Revolving Loan means a Revolving Loan denominated in a Foreign Currency. “Foreign Currency Sublimit” means, at any time, the lesser of (a) US$100,000,000 and (b) the aggregateamount of the Revolving Commitments at such time. The Foreign Currency Sublimit is part of, and not in addition to,the Revolving Commitments.
Sample 1
Foreign Currency Revolving Loan means, as the context may require, an Australian Revolving Loan or a Canadian Loan.
Sample 1
Foreign Currency Revolving Loan means any Revolving Loan denominated in a Foreign Currency. “Foreign Currency Sublimit” shall mean the Euro equivalent of $30,000,000.
Sample 1

Related to Foreign Currency Revolving Loan

  • Foreign Currency Loan means any Loan denominated in a Foreign Currency.

  • 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.

  • 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.

  • Foreign Currency LC Exposure means, at any time, the sum of (a) the Dollar Amount of the aggregate undrawn and unexpired amount of all outstanding Foreign Currency Letters of Credit at such time plus (b) the aggregate principal Dollar Amount of all LC Disbursements in respect of Foreign Currency Letters of Credit that have not yet been reimbursed at such time.

  • Alternate Currency Loan means any Loan denominated in an Alternate Currency.

  • Alternative Currency Daily Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Daily Rate.” All Alternative Currency Daily Rate Loans must be denominated in an Alternative Currency.

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

  • Alternative Currency Loan means an Alternative Currency Daily Rate Loan or an Alternative Currency Term Rate Loan, as applicable.

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

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

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars, Euros, Pound Sterling, Swiss Francs, Mexican Pesos, Australian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank with respect thereto in their sole discretion and (ii) with respect to any Loan, any currency other than Dollars that is approved in accordance with Section 1.05.

  • Base Rate Revolving Loan means a Revolving Loan that is a Base Rate Loan.

  • Alternative Currency means each of Euro, Sterling, Yen and each other currency (other than Dollars) that is approved in accordance with Section 1.07.

  • Offshore Currency Loan means any Offshore Rate Loan denominated in an Offshore Currency.

  • Multicurrency Loan means a Loan denominated in Dollars or an Agreed Foreign Currency.

  • Revolving Credit Loan has the meaning specified in Section 2.01(b).

  • Alternative Currencies means any currency (other than Dollars) approved by the Administrative Agent and the applicable Issuing Bank.

  • Revolving Loan has the meaning specified in Section 2.01(a).

  • Alternative Currency Daily Rate means, for any day, with respect to any Credit Extension:

  • Alternative Currency Term Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Term Rate.” All Alternative Currency Term Rate Loans must be denominated in an Alternative Currency.

  • Overnight Foreign Currency Rate means, for any amount payable in a Foreign Currency, the rate of interest per annum as determined by the Administrative Agent at which overnight or weekend deposits in the relevant currency (or if such amount due remains unpaid for more than three (3) Business Days, then for such other period of time as the Administrative Agent may elect) for delivery in immediately available and freely transferable funds would be offered by the Administrative Agent to major banks in the interbank market upon request of such major banks for the relevant currency as determined above and in an amount comparable to the unpaid principal amount of the related Credit Event, plus any taxes, levies, imposts, duties, deductions, charges or withholdings imposed upon, or charged to, the Administrative Agent by any relevant correspondent bank in respect of such amount in such relevant currency.

  • Foreign Currency Letter of Credit means a Letter of Credit denominated in a Foreign Currency.

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

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

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