Singapore Dollar Loan definition
Examples of Singapore Dollar Loan in a sentence
All Advances in respect of the Singapore Dollar Loan shall be advanced to one or more Singapore Borrowers.
Upon and following the Supplemental Credit Facility Payment Date, and provided that no Event of Default or Default has occurred hereunder, interest on the outstanding principal of each Singapore Dollar Loan shall accrue at the Singapore Dollar Offer Rate for such Singapore Dollar Loan plus 200 basis points (2.00%).
In the absence of an Event of Default or Default hereunder, each Singapore Dollar Loan comprising Term Loan F shall bear interest at the Singapore Dollar Offer Rate for such Singapore Dollar Loan plus 250 basis points (2.50%), payable by the Borrower on the last day of the applicable Interest Period and upon maturity of Term Loan F.
The Borrower shall give the Bank not less than three (3) Business Days written notice of (A) any proposed borrowing of a Singapore Dollar Loan and (B) the conversion of a Singapore Dollar Loan into another Singapore Dollar Loan.
Borrowers hereby unconditionally promise to pay (i) to the Facility Agent for the account of each Singapore Dollar Lender, the principal amount of each Singapore Dollar Loan of such Singapore Dollar Lender as provided in Section 2.09, and (ii) to the Facility Agent for the account of each Yen Lender, the principal amount of each Yen Loan of such Yen Lender as provided in Section 2.09.
In the case of a conversion of a Singapore Dollar Loan, each such notice shall specify (A) the date of such conversion, which shall be on the last day of the Interest Period for such Singapore Dollar Loan, and (B) the Interest Period for the new Singapore Dollar Loan into which the old Singapore Dollar Loan is to be converted.
Except as set forth on Schedule 3.01(i), the Company has timely filed all Returns and reports required to be filed by it on or before the date hereof, except where failure to timely file would not have a Material Adverse Effect on the Company.
The Singapore Dollar Loan Commitments shall automatically terminate at 5:00 p.m., Singapore time, on the last day of the Availability Period.
Advances in respect of the Singapore Dollar Loan, the Hong Kong Dollar Loan, the Canadian Dollar Loan, the Australian Dollar Loan and each Supplemental Tranche Loan shall be Floating Rate Advances.
Any amount borrowed and repaid hereunder in respect of the U.S. Dollar Loan, the Sterling Loan, the Euro Loan, the Euro French Loan, the Singapore Dollar Loan, the Australian Dollar Loan or any Supplemental Tranche Loan may not be reborrowed.