Syndicated Foreign Currency Loans definition

Syndicated Foreign Currency Loans means loans made in a Foreign Currency by all of the Banks at the same time pursuant to Section 2.01.
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Syndicated Foreign Currency Loans means Foreign Currency Loans made in a Foreign Currency by all of the Banks at the same time pursuant to Section 2.01(a).
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Examples of Syndicated Foreign Currency Loans in a sentence

  • Interest on Euro-Dollar Loans, Syndicated Foreign Currency Loans and Money Market Loans shall be computed on the basis of a year of 360 days (except for any Syndicated Foreign Currency Loans outstanding in Sterling or Canadian Dollars, which shall be computed on the basis of 365 or 366 days, as the case may be) and paid for the actual number of days elapsed, calculated as to each Interest Period from and including the first day thereof to but excluding the last day thereof.

  • All such prepayments shall be applied in the following order: (i) first to Base Rate Loan; (ii) then to Euro-Dollar Loans; and (iii) then, to Syndicated Foreign Currency Loans, and (iv) lastly, to Money Market Loans.

  • All such prepayments shall be applied in the following order: (i) first to Swing Loans; (ii) then to other Base Rate Loans; (iii) then to Euro-Dollar Loans; (iv) then to Syndicated Foreign Currency Loans; (v) then to Dollar Money Market Loans, and (vi) lastly, to Foreign Currency Money Market Loans.

  • All powers necessary for achieving the Association's purpose are vested in the General Assembly, which is the paramount authority of the Association, with the exception of these powers specifically granted by law or these statutes to other bodies of the Association.

  • The Borrowers promise to pay interest on the unpaid principal amount of this Syndicated Foreign Currency Note on the dates and at the rate or rates provided for Syndicated Foreign Currency Loans in the Credit Agreement.

  • If such Bank shall determine that it may not lawfully continue to maintain and fund any of its outstanding Euro-Dollar Loans or Syndicated Foreign Currency Loans, as the case may be, to maturity and shall so specify in such notice, the Borrower shall immediately prepay in full the then outstanding principal amount of each Euro-Dollar Loan or Syndicated Foreign Currency Loan, as the case may be, of such Bank, together with accrued interest thereon and any amount due such Bank pursuant to Section 8.05(a).

  • The Borrower promises to pay interest on the unpaid principal amount of this Note on the dates and at the rate or rates provided for Syndicated Foreign Currency Loans in the Credit Agreement.

  • Concurrently with prepaying each such Euro-Dollar Loan or Syndicated Foreign Currency Loan, as the case may be, the Borrower shall borrow a Base Rate Loan in an equal principal amount from such Bank (on which interest and principal shall be payable contemporaneously with the related Euro-Dollar Loans or Syndicated Foreign Currency Loans, as the case may be, of the other Banks), and such Bank shall make such a Base Rate Loan.

Related to Syndicated Foreign Currency Loans

  • Foreign Currency Loan means any Loan denominated in a Foreign Currency.

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

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

  • Offshore Currency Loan means any Offshore Rate Loan denominated in an Offshore Currency.

  • Foreign Currency LC Exposure means, at any time, the sum of (a) the Dollar Amount of the aggregate undrawn and unexpired amount of all outstanding Foreign Currency Letters of Credit at such time plus (b) the aggregate principal Dollar Amount of all LC Disbursements in respect of Foreign Currency Letters of Credit that have not yet been reimbursed at such time.

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars, Euros, Pound Sterling, New Zealand Dollars and Australian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank with respect thereto in their sole discretion and (ii) with respect to any Loan, any currency other than Dollars that is approved in accordance with Section 1.05.

  • Designated Foreign Currency means Euros, Canadian Dollars, British pounds, Australian dollars or any other currency (other than Dollars) approved in writing by the Lenders and that is freely traded and exchangeable into Dollars.

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

  • Dollar Equivalent of the Foreign Currency has the meaning specified in Section 312(f).

  • Alternative Currency means each of Euro, Sterling, Yen and each other currency (other than Dollars) that is approved in accordance with Section 1.06.

  • Alternative Currency Daily Rate Loan means a Committed Loan that bears interest at a rate based on the definition of “Alternative Currency Daily Rate.” All Alternative Currency Daily Rate Loans must be denominated in an Alternative Currency.

  • Alternative Currencies means (a) Euro, (b) Sterling, (c) Yen and (d) each other currency (other than Dollars) approved in accordance with Section 1.08.

  • Balance Currency means the currency that the trading account is denominated in and all charges including spreads, commissions and swaps, are calculated in that currency.

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

  • Alternative Currency Term Rate Loan means a Committed Loan that bears interest at a rate based on the definition of “Alternative Currency Term Rate.” All Alternative Currency Term Rate Loans must be denominated in an Alternative Currency.

  • Foreign Currencies means Agreed Currencies other than Dollars.

  • Foreign Currency Sublimit means $100,000,000.

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

  • Quote Currency means the second currency in the Currency Pair which can be bought or sold by the Client for the Base Currency.

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

  • Euro-Dollar Loan means a Committed Loan which bears interest at a Euro-Dollar Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.

  • Offshore Currency means any lawful currency (other than dollars) that the relevant Issuing Bank with respect to any Offshore Currency Letter of Credit, in its sole reasonable opinion, at any time determines to be (a) freely traded in the offshore interbank foreign exchange markets, (b) freely transferable and (c) freely convertible into dollars.

  • Foreign Currency means any currency other than the currency of Kenya;

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

  • Reference Currency means the currency specified as such in the applicable Final Terms.

  • Alternative Currency Daily Rate means, for any day, with respect to any Credit Extension: