Multicurrency Borrowing definition

Multicurrency Borrowing means a Borrowing comprised of Multicurrency Loans.
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Multicurrency Borrowing shall have the meaning assigned to such term in Section 2.13(b).
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Multicurrency Borrowing means a Tranche 1 Borrowing or a Tranche 3 Borrowing, as the context may require.
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Examples of Multicurrency Borrowing in a sentence

  • Except as expressly set forth in this Agreement, a Pro-Rata Borrowing shall be treated as being comprised of two (2) separate Borrowings, a Dollar Borrowing under the Dollar Commitments and a Multicurrency Borrowing under the Multicurrency Commitments.

  • Upon receipt of any such Notice of Multicurrency Borrowing from the Borrower, the Administrative Agent shall promptly notify each Multicurrency Lender thereof.

  • Except as set forth in this Agreement, a Pro-Rata Borrowing shall be treated as being comprised of two separate Borrowings, a Dollar Borrowing under the Dollar Commitments and a Multicurrency Borrowing under the Multicurrency Commitments.

  • Notwithstanding any contrary provision herein, this Section shall not be construed to permit any Borrower to (i) change the currency of any Borrowing or (ii) convert any Multicurrency Borrowing to an ABR Borrowing.

  • Except as expressly set forth in this Agreement, a Pro-Rata Borrowing shall be treated as being comprised of two separate Borrowings, a Dollar Borrowing under the Dollar Commitments and a Multicurrency Borrowing under the Multicurrency Commitments.

  • Upon receipt of any such Notice of Multicurrency Borrowing from any Borrower, the General Administrative Agent shall promptly notify each Multicurrency Lender thereof.

  • If no election as to the Class of a Borrowing is specified in a Borrowing Request, then the requested Borrowing shall be denominated in Dollars and shall be a Multicurrency Borrowing (or, to the extent such requested Borrowing exceeds the available Multicurrency Subcommitments of the applicable Borrower at such time, a Dollar Borrowing in an amount equal to such excess to the extent there is availability under the Dollar Subcommitments of such Borrower).

  • Each Multicurrency Borrowing under this Section 2.01(c) shall be in an aggregate Dollar Equivalent principal amount of $1,000,000 or any larger multiple of $100,000 (except that any such Multicurrency Borrowing may be in the aggregate amount of the Total Unused Multicurrency Commitments) and shall be made, subject to Section 2.12(f), from the several Multicurrency Lenders ratably in proportion to their respective Multicurrency Commitments.

  • If no election as to the Class of a Revolving Borrowing is specified in a Borrowing Request, then the requested Borrowing shall be denominated in Dollars and shall be a Multicurrency Borrowing.

  • Notwithstanding any contrary provision herein, this Section shall not be construed to permit the Borrower to (i) change the currency of any Borrowing or (ii) convert any Multicurrency Borrowing to an ABR Borrowing.


More Definitions of Multicurrency Borrowing

Multicurrency Borrowing means a Borrowing comprised of Multicurrency Loans. “ Multicurrency Loan ” means a Loan denominated in a Foreign Currency.
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Multicurrency Borrowing means a Eurocurrency Borrowing denominated in an Agreed Currency other than Dollars.
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Related to Multicurrency Borrowing

  • Eurocurrency Borrowing means a Borrowing comprised of Eurocurrency Loans.

  • 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.

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

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

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

  • Canadian Borrowing means a Borrowing of Canadian Loans.

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

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.

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

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

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • 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.

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Rate Loans.

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

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.

  • Alternative Currency Loan means an Alternative Currency Daily Rate Loan or an Alternative Currency Term Rate Loan, as applicable.

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

  • Alternate Currency Loan means any Loan denominated in an Alternate Currency.

  • Notice of Revolving Borrowing shall have the meaning as set forth in Section 2.3.

  • Swingline Borrowing means a Borrowing comprised of Swingline Loans.

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

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

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.

  • Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.

  • Committed Borrowing means a borrowing consisting of simultaneous Committed 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.