Examples of Multicurrency Revolving Loan in a sentence
The Customer has the right to draw Loans from the Facility in HUF or in the other currencies specified in the Multicurrency Revolving Loan Facility Agreement, depending on the Customer’s choice.
Subject to the terms and for the purpose specified in the Multicurrency Revolving Loan Facility Agreement, the Bank extends a Facility of a specific amount and Maturity to the Customer.
The provisions of Chapter VII on Revolving Loan Facility Agreements shall be applied mutatis mutandis for Multicurrency Revolving Loan Facility Agreements as well.
Subject to the repayment requirements of this Credit Agreement, on the last day of the relevant Contract Period for such B/A Equivalent Loan, the applicable Canadian Borrower shall be entitled to convert each such B/A Equivalent Loan into another type of Multicurrency Revolving Loan, or to roll over each such B/A Equivalent Loan into another B/A Equivalent Loan, all in accordance with the applicable provisions of this Credit Agreement.
Notwithstanding the foregoing, in the case of any B/A Drawing resulting from the conversion or continuation of a B/A Drawing or Multicurrency Revolving Loan pursuant to Section 2.02, the net amount that would otherwise be payable to such Canadian Borrower by each Lender pursuant to this paragraph will be applied as provided in Section 2.02(f).