Multicurrency Borrowers definition

Multicurrency Borrowers means the UK Borrower and the Netherlands Borrowers.
Sample 1Sample 2
Multicurrency Borrowers has the meaning assigned thereto in the preamble.
Sample 1
Multicurrency Borrowers means, collectively, Interface, Europe B.V., Europe Limited, and all Additional Multicurrency Borrowers. "Multicurrency L/C Issuer" shall First Union and its successors and assigns.
Sample 1

Examples of Multicurrency Borrowers in a sentence

  • Each of the Multicurrency Borrowers hereby irrevocably designates, appoints and authorizes each other Multicurrency Borrower as its agent and attorney-in-fact to take actions under this Agreement and the other Loan Documents, together with such powers as are reasonably incidental thereto.

  • All expenses incurred in connection therewith shall be for the joint and several account of the Multicurrency Borrowers with respect to any funds deposited by the Multicurrency Borrowers or the joint and several account of the Domestic Borrowers with respect to any funds deposited by the Domestic Borrowers, and, in each case, shall constitute Obligations hereunder.

  • The Domestic Borrowers jointly and severally agree and the Multicurrency Borrowers jointly and severally agree to pay the Administrative Agent, upon demand, the principal amount of all outstanding Protective Advances under the applicable Credit Facility, together with interest thereon at the rate from time to time applicable to Floating Rate Loans under such Credit Facility from the date of such Protective Advance until the outstanding principal balance thereof is paid in full.

  • Within the limits of each Lender’s Unused Multicurrency Revolving Credit Commitment in effect from time to time and prior to the Termination Date, the Multicurrency Borrowers may borrow under this Section 2.01(a)(ii), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a)(ii).

  • Any action taken by one Multicurrency Borrower under this Agreement and the other Loan Documents shall be binding on the other Multicurrency Borrowers.

  • Fees shall be payable by the Domestic Borrowers to the Domestic Concentration Account and by the Multicurrency Borrowers to the Multicurrency Payment Account in accordance with Section 3.02.

  • The Multicurrency Borrowers shall not be entitled to make such election if such election would result in the remaining portion of the Domestic Borrowing Base being less than the Credit Facility Outstandings for the Domestic Facility or if an Event of Default would result therefrom or is then outstanding.

  • Except as set forth in Sections 3.01(a) and (b) and unless otherwise designated by the Multicurrency Borrowers, all principal payments made by any Multicurrency Borrower in respect of outstanding Overdraft Loans or Revolving Loans of such Multicurrency Borrower, as the case may be, shall be applied first, to the Revolving Loans with Interest Periods then expiring and second to the outstanding Overdraft Loans, in each case, denominated in the Specified Foreign Currency of such payment.

  • We start by proving the regularity result given in Proposition 2.5.LPROOF OF PROPOSITION 2.5. The bound on the solution u follows by the com-λparison principle after checking that C0and —C are, respectively, a super and a subso-lution of (2.1).To get the bound on the gradient of u considerm := supi=1,...,M, x,y∈RN{ui(x) — ui(y) — L|x — y|}.

  • The Multicurrency Agent will make available to the Multicurrency Borrower in U.S. Dollars the aggregate of the amounts (if any) so made available by the Multicurrency Bid Rate Lenders to the Multicurrency Agent in a timely manner by crediting such amounts to the Multicurrency Borrower's demand deposit account maintained with the Multicurrency Agent.


More Definitions of Multicurrency Borrowers

Multicurrency Borrowers means, collectively, Interface, Europe B.V., Europe Limited, and all Additional Multicurrency Borrowers.
Sample 1
Multicurrency Borrowers means, collectively, Interface, Europe B.V. and Europe Limited.
Sample 1
Multicurrency Borrowers means the Operating Partnership and each Additional Borrower (if any) that is designated as a Borrower with respect to the Multicurrency RC Tranche, the Multicurrency Swing Line Facility or the Letter of Credit Facility.
Sample 1

Related to Multicurrency Borrowers

  • Canadian Swingline Loan means a Swingline Loan made to the Canadian Borrower.

  • U.S. Swingline Loan means any swingline loan denominated in Dollars made by the applicable Swingline Lender to a US Borrower pursuant to Section 2.2, and all such swingline loans collectively as the context requires.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • U.S. Swingline Lender means JPMorgan Chase Bank, N.A., in its capacity as lender of U.S. Swingline Loans hereunder.

  • Multicurrency Loan means a Loan denominated in Dollars or an Agreed Foreign Currency.

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • Revolving Dollar Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Syndicated Loans, and its LC Exposure and Swingline Exposure, at such time made or incurred under the Dollar Commitments.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Multicurrency Lender means the Persons listed on Schedule 1.01(b) as having Multicurrency Commitments and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption that provides for it to assume a Multicurrency Commitment or to acquire Revolving Multicurrency Credit Exposure, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Eurocurrency Borrowing means a Borrowing comprised of Eurocurrency Loans.

  • Subsidiary Borrowers as defined in the preamble hereto.

  • Multicurrency LC Exposure means, at any time, the sum of (a) the aggregate undrawn amount of all outstanding Multicurrency Letters of Credit at such time plus (b) the aggregate amount of all LC Disbursements in respect of such Letters of Credit that have not yet been reimbursed by or on behalf of the Borrower at such time. The Multicurrency LC Exposure of any Lender at any time shall be its Applicable Multicurrency Percentage of the total Multicurrency LC Exposure at such time.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Canadian Borrowers has the meaning specified in the preamble to this Agreement.

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Multicurrency Letters of Credit means Letters of Credit that utilize the Multicurrency Commitments.

  • Revolving Borrowing means a borrowing consisting of simultaneous Revolving Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.

  • Revolving Multicurrency Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Syndicated Loans, and its LC Exposure and Swingline Exposure, at such time made or incurred under the Multicurrency Commitments.

  • Eurodollar Revolving Borrowing means a Borrowing comprised of Eurodollar Revolving Loans.

  • U.S. Borrowers shall have the meaning provided in the first paragraph of this Agreement.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • Euro-Dollar Borrowing has the meaning set forth in Section 1.3.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Revolving Facility Credit Exposure means, at any time, the sum of (a) the aggregate principal amount of the Revolving Facility Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) any Revolving L/C Exposure at such time. The Revolving Facility Credit Exposure of any Lender at any time shall be the product of (x) such Lender’s Revolving Facility Percentage and (y) the aggregate Revolving Facility Credit Exposure of all Lenders, collectively, at such time.

  • Refunded Swingline Loans as defined in Section 2.7(b).