US Borrowings definition

US Borrowings means any Borrowing of a US Borrower.
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US Borrowings means “Borrowings” under the U.S. Credit Agreement.
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US Borrowings means Loans denominated in U.S. Dollars.
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Examples of US Borrowings in a sentence

  • The US Borrower hereby unconditionally and irrevocably authorizes, empowers, and directs the Swing Line Lender to make such requests for US Borrowings on behalf of the US Borrower, and the US Facility Lenders to make US Advances to the US Administrative Agent for the benefit of the Swing Line Lender in satisfaction of such obligations.

  • The US Administrative Agent and each US Facility Lender may record and otherwise treat the making of such US Borrowings as the making of a US Borrowing to the US Borrower under this Agreement as if requested by the US Borrower.

  • US Borrowings I have concerns about borrowing in US funds, specifically considering such borrowing at a time when the US interest rate is higher than the Canadian rate and the Canadian dollar is at a historically high value relative to the US dollar over the last thirty years at least.

  • The Term A US Loans made pursuant to the Term A US Borrowings under this Section 2.01(a) shall constitute a single Term A US Facility.

  • After giving effect to all U.S. Borrowings, all conversions of U.S. Loans from one Type to the other, and all continuations of U.S. Loans as the same Type, there shall not be more than 15 Interest Periods in effect with respect to all Loans under all Tranches.

  • US Borrowings of more than one Type and Class may be outstanding at the same time; provided that there shall not at any time be more than a total of ten US Eurodollar Revolving Borrowings outstanding.

  • U.S. Borrowings, Conversions and Continuations of U.S. Committed Loans .

  • All U.S. Borrowings shall be denominated in U.S. Dollars or Canadian Dollars, and all Canadian Borrowings shall be denominated in U.S. Dollars or Canadian Dollars.

  • In that case, the Service also required an examination of the intent and purpose of the SRLY rules generally and the cumulative register rules specifically in determining what successor/predecessor items could be included in a cumulative register.

Related to US Borrowings

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

  • Revolving Borrowing means a Borrowing comprised of Revolving Loans.

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

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

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

  • Revolving Credit Loans as defined in Section 2.1.

  • Swingline Loans as defined in Section 2.6.

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

  • U.S. Borrowing Base means, as of any date of determination, the result of:

  • 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.

  • 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.

  • Term Loans as defined in Section 2.1.

  • 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.

  • Canadian Prime Rate Loans means any Canadian Dollar Revolving Loan during the period which it bears interest at a rate determined by reference to the Canadian Prime Rate.