Examples of Foreign Revolving Loan in a sentence
Each Lender shall make the amount of its Foreign Revolving Loan available to the Administrative Agent not later than 12:00 p.m. (London, England time) on the applicable Credit Date by wire transfer of same day funds in the requested Approved Currency, at the Principal Office designated by the Administrative Agent.
Each Lender shall make the amount of its Foreign Revolving Loan available to the Administrative Agent not later than 12:00 p.m. (London, England time) on the applicable Credit Date by wire transfer of same day funds in Euros or the requested Foreign Currency, at the Principal Office designated by the Administrative Agent.
Each Lender shall make the amount of its Revolving Loan available to the Administrative Agent in Same Day Funds at the Administrative Agent’s Office for the applicable currency not later than 1:00 p.m., in the case of any Domestic Revolving Loan, and not later than the Applicable Time specified by the Administrative Agent in the case of any Foreign Revolving Loan, in each case on the Business Day specified in the applicable Revolving Loan Notice.
Each reduction of the Total Foreign Revolving Loan Commitment pursuant to this Section 3.03(e) shall apply to proportionally and permanently reduce the Foreign Revolving Loan Commitment of each FRL Bank.
All payments of principal and interest shall be made to the Administrative Agent for the account of the Lender in the currency in which such Foreign Revolving Loan is denominated and in Same Day Funds at the Administrative Agent’s Office for such currency.
All Borrowings of DM Term Loans, Dollar ------------------- Revolving Loans and Foreign Revolving Loans under this Agreement shall be made by the Banks pro rata on the basis of their DM Term Loan Commitments, Dollar --- ---- Revolving Loan Commitments or Foreign Revolving Loan Commitments, as the case may be.
Upon such payment by a Foreign Revolving Credit Lender, such Foreign Revolving Credit Lender shall, except as provided in paragraph (3) below, be deemed to have made a Foreign Revolving Loan to the applicable Foreign Borrower.
Accrued Foreign Facing Fees shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December of each year and on the first day on or after the termination of the Total Foreign Revolving Loan Commitment upon which no Foreign Letters of Credit remain outstanding.
The Borrower promises to pay interest on the unpaid principal amount of each Foreign Revolving Loan from the date of such Loan until such principal amount is paid in full, at such interest rates and at such times as provided in the Credit Agreement.
Accrued FRL Commitment Fees shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December and the date upon which the Total Foreign Revolving Loan Commitment is terminated.