Fronted Currency Loan definition

Fronted Currency Loan means a Revolving Loan under the Multicurrency Revolving Facility made in a Fronted Currency.
Fronted Currency Loan has the meaning set forth in Section 2.01(b).

Examples of Fronted Currency Loan in a sentence

  • Upon the making of any such Fronted Currency Loan, each relevant NMC Lender shall ratably participate in the Fronted Currency Loan in a principal amount which is equal to the outstanding Revolving Loans which it would have been obligated to make pursuant to clause (a) of this Section if it was not an NMC Lender.

Related to Fronted Currency Loan

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

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

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

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

  • Approved Currency means each of Dollars and each Alternative Currency.

  • Agreed Currency means Dollars or any Alternative Currency, as applicable.

  • Permitted Currency means (1) the legal tender of any Group of 7 country (or any country that becomes a member of the Group of 7 if such Group of 7 expands its membership) or (2) the legal tender of any country which, as of the date of such change, is a member of the Organization for Economic Cooperation and Development and has a local currency long-term debt rating of either AAA or higher assigned to it by Standard & Poor's, a division of The McGraw-Hill Companies, Inc. or any successor to the rating business thereof, Aaa or higher assigned to it by Moody's Investors Service, Inc. or any successor to the rating business thereof or AAA or higher assigned to it by Fitch Ratings or any successor to the rating business thereof;

  • Affected Currency has the meaning assigned to such term in Section 2.13.

  • 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.

  • Committed Currencies means lawful currency of the United Kingdom of Great Britain and Northern Ireland and Euros.

  • Designated Currency shall have the same meaning assigned to it in Section 3.12.

  • Euro-Dollar Loan means a Committed Loan which bears interest at a Euro-Dollar Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.

  • Dollar Loan means a Loan denominated in Dollars.

  • 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.

  • 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.

  • Optional Currency means a currency (other than the Base Currency) which complies with the conditions set out in Clause 4.3 (Conditions relating to Optional Currencies).

  • Alternative Currency means each of Euro, Sterling, Yen and each other currency (other than Dollars) that is approved in accordance with Section 1.06.

  • LIBOR Quoted Currency means each of the following currencies: Dollars; Euro; Sterling; Yen; and Swiss Franc; in each case as long as there is a published LIBOR rate with respect thereto.

  • Available Currency means Dollars, and any other currency as the relevant Borrower, each of the relevant Revolving Credit Lenders or the relevant Term Lenders, as the case may be, and the Administrative Agent may agree to from time to time.

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

  • Issue Currency or "SEK" means Swedish Krona. "Launch Date" means 12 January 2022.

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

  • Prime Rate Loan means a Loan that bears interest based on the Prime Rate.

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

  • Prime Rate Advance means an Advance that bears interest based at the Prime Rate.