German Revolving Loans definition

German Revolving Loans has the meaning specified therefor in Section 2.1(b) of the Agreement.
German Revolving Loans to German Borrower from time to time so long as the outstanding amount of German Revolving Loans (including German Swing Loans) does not exceed the Dollar Equivalent of the lesser of:
German Revolving Loans is defined in Section 2.1.2.

Examples of German Revolving Loans in a sentence

  • German Borrower may reduce the German Revolver Commitments to an amount (which may be zero) not less than the sum of (A) the German Revolver Usage as of such date, plus (B) the principal amount of all German Revolving Loans not yet made as to which a request has been given by German Borrower under Section 2.3(a), plus (C) the amount of all German Letters of Credit not yet issued as to which a request has been given by German Borrower.

  • The German Revolving Loans and other German Obligations (unless such other German Obligations expressly provide otherwise) shall be made and repaid in Euros.

  • Xxxxxx Xxxxxxxx agrees to establish and maintain the German Designated Account with the German Designated Account Bank for the purpose of receiving the proceeds of the German Revolving Loans requested by German Borrower and made by Agent or the Lenders hereunder.

  • Borrowers may prepay the principal of any Revolving Loan at any time in whole or in part, without premium or penalty and Agent shall apply such prepayments to the US Revolving Loans, Canadian Revolving Loans, Belgian Revolving Loans or the German Revolving Loans, as directed by the applicable Borrower in writing.

  • With respect to Belgian Revolving Loans and German Revolving Loans, on the last day of each applicable Interest Period, unless the Belgian Borrower or German Borrower (as applicable) properly has exercised the Non-Base Rate Option with respect thereto, the interest rate applicable to such Non-Base Rate Loan automatically shall convert to the Base Rate then applicable to such Belgian Revolving Loans or German Revolving Loans (as applicable).

Related to German Revolving Loans