Is Regional Finance Accumulating A Debt From You
Over 275 delegates gathered in Bucharest, Romania on four June for The Euromoney Regional Finance and Funding Convention for South-East Europe to discuss the macroeconomic outlook and the event of capital markets for the SEE economies. (c) If, upon the expiration of any Interest Interval relevant to LIBOR Revolving Loans, Borrowers have failed to pick timely a new Curiosity Interval to be relevant to LIBOR Revolving Loans or if any Default or Event of Default then exists, Borrowers shall be deemed to have elected to convert such LIBOR Revolving Loans into Base Rate Revolving Loans efficient as of the expiration date of such Interest Interval.
Bank Borrowing Reserve shall mean the quantity that a Borrower has, on the time of calculation, borrowed from any financial establishment if the terms of the applicable credit score agreement with the monetary institution require such Borrower to keep up any Excess Availability beneath this Agreement or otherwise condition the borrowing on the existence or continuation of this Agreement.
(i) Within the event that Agent shall elect to have the terms of this subparagraph 2.2(g) apply to a requested Borrowing as described in subparagraph 2.2(f), or in the case of any request by a Borrower …