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

  • Sub-grantees who do not comply with submission requirements will be denied requests for reimbursements for all grant awards received from OVSJG.Memoranda of Understanding and/or Letters of SupportAll applications must include at least three (3) letters of support.

  • Each German Revolving Loan shall be made as part of a Borrowing consisting of German Revolving Loans of the same Type made by the German Lenders ratably in accordance with their respective Applicable Percentage.

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

  • Oxy-Dry GmbH shall not request any new German Revolving Loans in the Limited Waiver Period.

  • 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.

  • Such notice of a Settlement Date shall include a summary statement of the amount of outstanding US Revolving Loans, US Swing Loans, UK-Dutch Revolving Loans, German Revolving Loans, US Extraordinary Advances, UK-Dutch Extraordinary Advances and German Extraordinary Advances for the period since the prior Settlement Date.

  • The programmatic changes proposed in this budget result in the elimination of only 180 positions (of which 150 are filled), almost all of which are tied to the agency consolidations described below.

  • 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.

  • All amounts in the German Collection Deposit Accounts shall be remitted daily to the applicable Agent’s European Account for such German Borrower and shall be applied by Agent on a daily basis to the German Revolving Loans outstanding of such German Borrower and thereafter to the applicable German Borrower (to be wired to the German Designated Account of such German Borrower) or such other Person entitled thereto under applicable law.

  • 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.

Related to German Revolving Loans