Loan Currency definition

Loan Currency means Dollars;

Loan Currency means the currency in which the Loan is denominated as set forth in Section 3.01.

Loan Currency means the Currency in which the Loan is denominated; provided that if the Loan Agreement provides for Conversions, “Loan Currency” means the Currency in which the Loan is denominated from time to time. If the Loan is denominated in more than one currency, “Loan Currency” refers separately to each of such Currencies.

Examples of Loan Currency in a sentence

• If the principal amount of the Loan withdrawn and outstanding from time to time shall be denominated in more than one Loan Currency, the provisions of this Schedule shall apply separately to the amount denominated in each Loan Currency, so as to produce a separate amortization schedule for each such amount.

• The interest payable by the Borrower for each Interest Period shall be at a rate equal to LIBOR for the Loan Currency plus the Variable Spread; provided, that upon a Conversion of all or any portion of the principal amount of the Loan, the interest payable by the Borrower during the Conversion Period on such amount shall be determined in accordance with the relevant provisions of Article IV of the General Conditions.

• If the Withdrawn Loan Balance is denominated in more than one Loan Currency, the provisions of this Schedule shall apply separately to the amount denominated in each Loan Currency, so as to produce a separate amortization schedule for each such amount.

• The interest payable by the Borrower for each Interest Period shall be at a rate equal to the Reference Rate for the Loan Currency plus the Variable Spread; provided, that upon a Conversion of all or any portion of the principal amount of the Loan, the interest payable by the Borrower during the Conversion Period on such amount shall be determined in accordance with the relevant provisions of Article IV of the General Conditions.

• The interest payable by the Borrower for each Interest Period shall be at a rate equal to LIBOR for the Loan Currency plus the Fixed Spread; provided, that upon a Conversion of all or any portion of the principal amount of the Loan, the interest payable by the Borrower during the Conversion Period on such amount shall be determined in accordance with the relevant provisions of Article IV of the General Conditions.

More Definitions of Loan Currency

Loan Currency means the currency in which the principal amount of the Loan is denominated from time to time;

Loan Currency means Abu-Dollars or Nego-Liras that the Borrower designates in the Drawdown Request as the currency on which the Borrower desires to drawdown a Loan.

Loan Currency means the particular Approved Currency in which a particular Loan is denominated (i.e. dollars or Euro).

Loan Currency means the Currency in which the Loan is denominated.

Loan Currency means Singapore Dollars unless otherwise expressly specified by DBS Bank.

Loan Currency means the currency in which all or any portion of the principal amount of the Loan is denominated from time to time, which term shall, in the case of a Loan denominated in more than one currency, apply separately to each of such currencies.

Loan Currency the lawful currency of the Country;