Foreign Currency Revolving Loan definition

Foreign Currency Revolving Loan means any Revolving Loan denominated in a Foreign Currency.
Sample 1Sample 2Sample 3
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, 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

  • 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 Borrower shall not be permitted to elect Base Rate for any Foreign Currency Revolving Loan.

  • 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").

  • 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.

  • In the case of each Borrowing of Foreign Currency Revolving Loans, not later than 10:00 a.m., Local Time, on the requested Borrowing Date, each Revolving Credit Lender will make available to the Administrative Agent at the office of its applicable Correspondent (or at such other location as the Administrative Agent may designate) an amount, in the applicable Foreign Currency and in immediately available funds, equal to the amount of the Foreign Currency Revolving Loan to be made by such Lender.

  • Notwithstanding the foregoing, the Administrative Agent may in its sole discretion, but unless requested in writing to do so by the Required Lenders shall not be required to, calculate the Dollar Equivalent of any Foreign Currency Revolving Loan or other amount at any other time for purposes of determining compliance with the provisions of subsections (b) and (c) above.

  • 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.

  • 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.

  • In the case of each Borrowing of Foreign Currency Revolving Loans, not later than 1:00 p.m., Local Time, on the requested Borrowing Date, each Revolving Credit Lender will make available to the Administrative Agent at the applicable Payment Office an amount, in the Applicable Currency and in immediately available funds, equal to the amount of the Foreign Currency Revolving Loan or Loans to be made by such Lender.


More Definitions of Foreign Currency Revolving Loan

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 1Sample 2
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 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 Revolving Loan.
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 Committed 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, New Zealand Dollars and 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 1.06.

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

  • Revolving Loan means a Loan made pursuant to Section 2.01.

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

  • Alternative Currency Term Rate Loan means a Committed 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 a Swingline Loan made to the Canadian Borrower.

  • 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 a Revolving Loan made to the U.S. Borrower by the U.S. Revolving Lenders.