Primary Currency definition

Primary Currency has the meaning specified in Section 9.11(c).

Primary Currency is defined in Section 12.15.

Primary Currency has the meaning assigned to such term in Section 9.17.

Examples of Primary Currency in a sentence

• For the avoidance of doubt, the Primary Currency of any Supplemental Tranche may or may not be in Dollars.

• All payments received by a Funding Agent (i) after 1:00 p.m., Applicable Time, in the case of payments in the Primary Currency of the applicable Tranche, or (ii) after the Applicable Time specified by such Funding Agent in the case of payments in an Alternative Currency of such Tranche, shall in each case be deemed received on the next succeeding Business Day and any applicable interest or fee shall continue to accrue.

• Except as otherwise expressly provided herein, all payments by a Borrower under a Tranche shall be made to the applicable Funding Agent for such Tranche, for the account of the Applicable Tranche Lenders to which such payment is owed, at such Funding Agent’s Office in the Primary Currency of such Tranche and in Same Day Funds not later than 12:00 noon, Applicable Time (and by 10:00 a.m., Brussels time, for payments under the Euro Tranche), on the date specified herein.

• Prologis shall pay directly to the applicable L/C Issuer of each Letter of Credit for its own account, in the Primary Currency of the Tranche under which such Letter of Credit was issued, a fronting fee at the rate per annum of 0.125% computed on the Relevant Equivalent (as defined in Section 5.9) of the daily amount available to be drawn under such Letter of Credit on a quarterly basis in arrears.

• Advances outstanding under a Tranche will be converted by the Administrative Agent on a notional basis into the Equivalent amount of the Primary Currency of such Tranche for the purposes of making any allocations required under this Section 8.05.

More Definitions of Primary Currency

Primary Currency means (a) with respect to the U.S. Tranche, Dollars; (b) with respect to the Euro Tranche, Euro; and (c) with respect to each Supplemental Tranche, as set forth in the applicable Supplemental Addendum.

Primary Currency means each of the Euro, and the lawful currency of each of Japan, the United Kingdom and Canada.

Primary Currency means the foreign currency denomination in which the security has been issued

Primary Currency shall have the meaning ascribed thereto in Section 12.21(c) hereof.

Primary Currency means (a) with respect to the U.S. Tranche, Dollars; (b) with respect to the Euro Tranche, Euro; (c) with respect to the Yen Tranche, Yen; and (d) with respect to the Sterling Tranche, Sterling.

Primary Currency means in respect of (a) the U.S. Dollar Loan, Dollars, (b) the Sterling Loan, Sterling, (c) the Singapore Dollar Loan, Singapore Dollars, (d) the Euro Loan and the Euro French Loan, Euros, (e) the Australian Dollar Loan, Australian Dollars, and (f) each Supplemental Tranche Loan, the Supplemental Currency related thereto.

Primary Currency means the lawful currency of each of the Federal Republic of Germany, France, Japan, Italy, the United Kingdom and Canada.