Foreign Currency Swing Line Loans definition

Foreign Currency Swing Line Loans as defined in subsection 2.6(b).
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Foreign Currency Swing Line Loans means Swing Line Loans denominated in Euro.
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Foreign Currency Swing Line Loans means all Swing Line Loans denominated in a Foreign Currency.
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Examples of Foreign Currency Swing Line Loans in a sentence

  • At any time, and from time to time thereafter, subject to the terms and conditions of this Agreement, the Borrower may borrow Foreign Currency Swing Line Loans from such Foreign Currency Swing Line Lender in an amount equal to the then unused amount of the Foreign Currency Swing Line Commitment of such Foreign Currency Swing Line Lender.

  • The Borrower shall request a Swing Line Loan by written notice (or telephone notice promptly confirmed in writing) substantially in the form of Exhibit A-4 hereto (a “Swing Line Loan Request”) to the Swing Line Lender and the Administrative Agent not later than 1:30 P.M. (New York time), in the case of Dollar denominated Swing Line Loans, and 10:00 A.M. (London time), in the case of Foreign Currency Swing Line Loans, on the Business Day of the requested Swing Line Loan.

  • Swing Line Loans denominated in Dollars shall be made and maintained as Base Rate Loans and Foreign Currency Swing Line Loans shall be made and maintained as Eurodollar Loans and shall bear interest at EURIBOR plus the Applicable Margin for Eurodollar Revolving Loans.

  • On such date, any Foreign Currency Swing Line Loans shall, without further action or notice being required, be converted to and become denominated in Dollars in an amount equal to the Dollar Equivalent of the amount thereof on such date.

  • Other than with respect to Foreign Currency Swing Line Loans, the Borrower hereby authorizes and directs the Administrative Agent to debit any account maintained by the Borrower with the Administrative Agent to pay when due any amounts required to be paid from time to time under this Agreement.

  • The Public Works Equipment Maintenance Division is requesting bids for the fabrication and outfitting of two (2) new Ford F-550 vehicles.

  • Each such notice must be received by the Swing Line Lender and the Administrative Agent not later than (x) 1:00 p.m. on the requested borrowing date for all US Dollar Swing Line Loans and (y) the Applicable Time one Business Day prior to the requested date for all Foreign Currency Swing Line Loans, and shall specify (i) the amount to be borrowed, which shall be a minimum of US$500,000, and (ii) the requested borrowing date, which shall be a Business Day.

  • The proceeds of such Revolving Credit Loans shall be immediately applied to repay the Foreign Currency Swing Line Loans of such Foreign Currency Swing Line Lender outstanding on the date of termination or expiration of the Revolving Credit Commitments.

  • The Group Swing Line Lender shall be responsible for invoicing Luxco for interest on the Foreign Currency Swing Line Loans.

  • Each Borrowing of Foreign Currency Swing Line Loans shall be made upon Luxco’s irrevocable notice to the Group Swing Line Lender and the Administrative Agent pursuant to a written Foreign Currency Swing Line Loan Notice, appropriately completed and signed by a Responsible Officer or duly authorized signatory of Luxco.

Related to Foreign Currency Swing Line Loans

  • Swing Line Loans as defined in Section 2.6.

  • U.S. Swingline Loan means any swingline loan denominated in Dollars made by the applicable Swingline Lender to a US Borrower pursuant to Section 2.2, and all such swingline loans collectively as the context requires.

  • Canadian Swingline Loan means a Swingline Loan made to the Canadian Borrower.

  • 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.

  • Refunded Swing Line Loans has the meaning assigned to that term in subsection 2.1A(iii).

  • Swing Line Loan has the meaning specified in Section 2.04(a).

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • 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.

  • Foreign Currency Sublimit means $100,000,000.

  • Swingline Loans as defined in Section 2.6.

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

  • Refunded Swingline Loans as defined in Section 2.7(b).

  • Alternative Currency Sublimit means an amount equal to the lesser of the Aggregate Commitments and $50,000,000. The Alternative Currency Sublimit is part of, and not in addition to, the Aggregate Commitments.

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

  • Revolving Credit Loans as defined in Section 2.1.

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

  • Multicurrency LC Exposure means, at any time, the sum of (a) the aggregate undrawn amount of all outstanding Multicurrency Letters of Credit at such time plus (b) the aggregate amount of all LC Disbursements in respect of such Letters of Credit that have not yet been reimbursed by or on behalf of the Borrower at such time. The Multicurrency LC Exposure of any Lender at any time shall be its Applicable Multicurrency Percentage of the total Multicurrency LC Exposure at such time.

  • Swing Line Loan Commitment means the commitment of Swing Line Lender to make Swing Line Loans to Company pursuant to subsection 2.1A(iii).

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.

  • Swing Line Loan Commitment Amount means, on any date, $5,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

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

  • 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.

  • Revolving Dollar Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Syndicated Loans, and its LC Exposure and Swingline Exposure, at such time made or incurred under the Dollar Commitments.

  • Swing Line Advance means an advance made by (a) the Swing Line Bank pursuant to Section 2.01(c) or (b) any Lender pursuant to Section 2.02(b).

  • 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.

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