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
The principal and interest payable by the Borrower to the Lender shall be in the same currency as the Loan Currency under this Agreement.
If, for any reason, the Lender receives funds (including but not limited to repayments, interest, expenses etc.) under this Agreement is in a currency other than the Loan Currency, the Lender shall have the right to convert such funds into the Loan Currency at the then prevailing exchange rate.
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 Euros).
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;