Local Currency Advance definition

Local Currency Advance means any Advance, denominated in Pounds Sterling, Euro, or any other Agreed Currency which CIF requests the Local Currency Banks to include as a Local Currency and which is reasonably acceptable to the Local Currency Banks, made to CIF pursuant to Sections 2.03A and 2.03B of the Credit Agreement and this Addendum. A Local Currency Advance shall bear interest at the rate specified in Schedule II.

Local Currency Advance means any Advance in a Local Currency, made to CIF pursuant to Sections 2.03A and 2.03B and the Local Currency Addendum.

Local Currency Advance means any Advance in a Local Currency, made to CIF pursuant to Sections 2.03 and 2.03A and the Local Currency Addendum.

Examples of Local Currency Advance in a sentence

• If such Local Currency Bank shall repay to the Agent (or, in the case of a Same Day Local Currency Advance, the Local Currency Agent) such corresponding amount, such amount so repaid shall constitute such Local Currency Bank’s Local Currency Advance as part of such Local Currency Borrowing for purposes of this Agreement.

• No Term Loan Advance that is not a Japan Local Currency Advance may be Converted at any time into a Term Loan Advance that is a Japan Local Currency Advance, and no Term Loan Advance that is a Japan Local Currency Advance may be Converted at any time into a Term Loan Advance that is not a Japan Local Currency Advance.

• No Term Loan Advance that is not a Local Currency Advance may be Converted at any time into a Term Loan Advance that is a Local Currency Advance, and no Term Loan Advance that is a Local Currency Advance may be Converted at any time into a Term Loan Advance that is not a Local Currency Advance.

• Where a Player does not accept that they should have been shown a Red Card the Player may seek to show that the referee’s decision to show them the Red Card was wrong (for example, because no act of Foul Play was committed, because the act of Foul Play did not warrant a Red Card or because another Player committed the act of Foul Play).

• CIF and the Local Currency Agent shall furnish to the Agent, promptly following the making, payment or prepayment of each Local Currency Advance, and at any other time at the reasonable request of the Agent, a statement setting forth the outstanding Local Currency Advances made under the Local Currency Addendum, which statement shall also indicate the amount of the Local Currency Advances that are Same Day Local Currency Advances.

More Definitions of Local Currency Advance

Local Currency Advance set forth in Section 1.01 of the Existing Local Currency Addendum is hereby amended to delete “, Swiss Francs” therefrom.

Local Currency Advance means any Advance in an Alternative Currency, made to a Borrower pursuant to Section 2.02A and a Local Currency Addendum. Each Local Currency Advance shall be a Fixed Rate Advance or a Floating Rate Advance. Floating Rate Advances of the same type under a Local Currency Addendum and Fixed Rate Advances of the same type under a Local Currency Addendum each shall be a “Type” of Local Currency Advance.

Local Currency Advance means any Advance, denominated in [specify currency], made to [the Borrowing Subsidiary or the Company], a [corporation organized under the laws of ], pursuant to Sections 2.02A and 2.02B of the Credit Agreement and this Addendum. A Local Currency Advance shall bear interest at one of the rates specified in Schedule II.

Local Currency Advance means any Advance, denominated in Australian Dollars (or "A"), made to the Borrowing Subsidiary or the Company pursuant to SECTIONS 2.02A and 2.02B of the Credit Agreement and this Addendum. A Local Currency Advance shall bear interest at the rate specified in SCHEDULE II.

Local Currency Advance means any Advance in an Alternative Currency, made to a Borrower pursuant to SECTION 2.02A and a Local Currency Addendum. Each Local Currency Advance shall be a Fixed Rate Advance or a Floating Rate Advance. Floating Rate Advances under a Local Currency Addendum, and Fixed Rate Advances of the same type under a Local Currency Addendum each shall be a "TYPE" of Local Currency Advance.

Local Currency Advance specified in subsection 2.01(c).

Local Currency Advance means any Advance, denominated in [specify currency], made to [the Borrowing Subsidiary or the Company], a [corporation organized under the laws of _____________], pursuant to SECTIONS 2.2A AND 2.2B of the Credit Agreement and this Addendum. A Local Currency Advance shall bear interest at one of the rates specified in SCHEDULE II.