Peso Loans definition

Peso Loans means the Loans in Pesos provided to the Borrower by the Lenders with Peso Commitments.
Sample 1Sample 2
Peso Loans shall have the meaning provided in Section 2.1(c), which, for the avoidance of doubt, shall include the Peso Fixed Rate Loans and the Peso Floating Rate Loans.
Sample 1
Peso Loans shall have the meaning provided in Section 2.1(c).
Sample 1

Examples of Peso Loans in a sentence

  • As between AgileThought Mexico and the Peso Lenders only, and for information purposes only, the interest rate applicable to the Peso Loans has been agreed giving due regard to factors that would make the rate the substantial equivalent to the interest rate applicable to the Dollar Loans.

  • Any Lender or Agent claiming reimbursement or compensation under this Article shall deliver to the Borrower (with a copy to the Administrative Agent and (for Peso Loans) the Peso Agent) a certificate setting forth in reasonable detail the reason for such reimbursement or compensation and the amount payable to such Lender or Agent hereunder, which certificate shall constitute prima facie evidence of the accuracy of the information so detailed.

  • All payments with respect to Dollar Loans under each Loan Document shall be made in Dollars and all payments with respect to Peso Loans under each Loan Document shall be made in Pesos.

  • Notwithstanding the foregoing, (x) the Swingline Shekel Lender may only make Swingline Shekel Loans and shall not make any other Swingline Loans, and any other Swingline Lender may not make Swingline Shekel Loans and (y) the Swingline Peso Lender may only make Swingline Peso Loans and shall not make any other Swingline Loans, and any other Swingline Lender may not make Swingline Peso Loans.

  • All such payments shall be made to the Administrative Agent at its offices at 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, except that (i) payments in respect of Peso Loans shall be made to the Mexican Administrative Agent at its offices in Mexico City and (ii) payments pursuant to Sections 2.12, 2.13, 2.14 and 9.03 shall be made directly to the Persons entitled thereto.

  • The Borrower shall notify the Administrative Agent (and, in the case of any Peso Loans, the Mexican Administrative Agent) by telephone (confirmed by telecopy) of any prepayment of Loans, which notice shall be (i) if such Loans are Dollar Loans, not later than 11:00 a.m., New York City time, three LIBO Adjusted Business Days before the date of prepayment and (ii) if such Loans are Peso Loans, not later than 11:00 a.m., Mexico City time, three Peso Business Days before the date of prepayment.

  • Promptly after it receives any such notice, the Administrative Agent (or, in the case of Peso Loans, the Mexican Administrative Agent) shall advise the affected Lenders of the contents thereof.

  • All Dollar Swing Loans shall be made as Base Rate Loans, all Peso Swing Loans shall be made as Peso Base Rate Loans and all Peso Loans shall be made as Peso TIIE Rate Loans, subject to conversion pursuant to Section 2.3 (Swing Loans) or Section 2.

  • Upon any such resignation by the Mexican Administrative Agent, Lenders holding more than 50% of the aggregate outstanding principal amount of the Peso Loans shall have the right, with the consent of the Borrower, to appoint a successor Mexican Administrative Agent.

  • Without limitation of Section 2.08, the Borrower unconditionally promises to pay to the Administrative Agent (or, in the case of Peso Loans, the Mexican Administrative Agent) on the Bridge Maturity Date, for the account of each Lender, the then unpaid principal amount of such Lender’s Loan (payable in Pesos, in the case of Peso Loans).

Related to Peso Loans

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

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

  • ABR Loans Loans the rate of interest applicable to which is based upon the ABR.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Term Loan 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 Loan Lenders pursuant to Section 2.01(a).

  • Initial Borrowing means the first Borrowing made pursuant to this Agreement.

  • Canadian Revolving Loans means Revolving Loans made to the Canadian Borrower under Section 2.2, including Bankers’ Acceptance Advances.

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

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • Revolving Facility Loans shall include the Other Revolving Loans.

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

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.

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

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

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

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Eurocurrency Loans Loans the rate of interest applicable to which is based upon the Eurocurrency Rate.

  • Swingline Borrowing means a Borrowing comprised of Swingline Loans.

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

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

  • Base Rate Loans Loans the rate of interest applicable to which is based upon the Base Rate.

  • New Revolving Loans as defined in Section 2.25.

  • Borrowing Date any Business Day specified by the Borrower as a date on which the Borrower requests the relevant Lenders to make Loans hereunder.

  • 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.