Optional Currency. In the case of any Letter of Credit to be denominated in an Optional Currency, there shall not have occurred any change in national or international financial, political or economic conditions or currency exchange rates or exchange controls which in the reasonable opinion of the Agent, the Required Lenders (in the case of any Loans to be denominated in an Optional Currency) or the Issuer (in the case of any Letter of Credit to be denominated in an Optional Currency) would make unlawful or not administratively feasible for such Loan or Letter of Credit to be denominated in the relevant Optional Currency. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied. Notwithstanding anything contained herein to the contrary, at the direction of Required Lenders, Lenders with a Revolving Commitment shall continue to make Revolving Advances notwithstanding whether the foregoing conditions precedent have been satisfied.
Optional Currency. At the time of making any Loans or issuing, extending or increasing any Letters of Credit and after giving effect to the proposed extensions of credit, in the case of any Loan or Letter of Credit to be denominated in an Optional Currency, there shall not have occurred any change in national or international financial, political or economic conditions or currency exchange rates or exchange controls which in the reasonable opinion of the Administrative Agent, the Required Lenders (in the case of any Loans to be denominated in an Optional Currency) or the Issuing Lender (in the case of any Letter of Credit to be denominated in an Optional Currency) would make it impracticable for such Loan or Letter of Credit to be denominated in the relevant Optional Currency.
Optional Currency. Any currency other than Dollars which is freely convertible into Dollars and which is traded on the London interbank market or any other offshore interbank market selected by the Agent in good faith; provided, however, in the event the Borrower requests an Optional Currency other than the Euro, such request for such other Optional Currency shall be subject to the consent of the Banks.
Optional Currency. Each Notice of Competitive Bid Borrowing shall be irrevocable and binding on the Borrower that requested such Competitive Bid Borrowing. The Agent or the Sub-Agent, as the case may be, shall in turn promptly notify each Lender of each request for a Competitive Bid Borrowing received by it from any Borrower by sending such Lender a copy of the related Notice of Competitive Bid Borrowing by telecopier or Email.
Optional Currency. The Japanese Yen, the Euro, and any other currency that is freely convertible into Dollars and is traded on a recognized Eurocurrency Interbank Market selected by the Bank in good faith.
Optional Currency. Any currency other than Dollars which is fully convertible into Dollars and which is traded on any recognized Eurocurrency Interbank Market selected by the Agent in good faith; provided, however, in the event any Borrower requests an Optional Currency denominated in a currency other than Austrian schillings, Belgian francs, German deutsche marks, Danish kroners, Spanish pesetas, French francs, Finnish marks, British pounds sterling, Italian liras, Dutch guilders, Norwegian kroners, Portuguese escudos, Swedish kroners or Swiss francs, the request for such other Optional Currency shall be subject to the consent of the Banks.
Optional Currency. Any currency other than Dollars which is freely ----------------- convertible into Dollars and which is traded on any recognized Eurocurrency Interbank Market which each of the US Revolving Credit Banks and the US Borrower have agreed to be made available hereunder (including, without limitation, Canadian Dollars); provided, however, that in the event the US Borrower requests -------- ------- an Optional Currency for a Letter of Credit consisting of a currency other than Australian Dollars or Canadian Dollars, the issuance of such Letter of Credit shall be subject to the consent of the Administrative Agent.
Optional Currency. Hong Kong Dollars, Pounds Sterling, Dutch Guilders and the Euro, so long as such currency is freely convertible into Dollars and which is traded on any recognized Eurocurrency Interbank Market selected by the Agent in good faith.
Optional Currency. Each of the following types of currency: Euros, Australian Dollars ("AUD"), British Pounds Sterling ("GBP"), Canadian Dollars ("CAD"), Japanese Yen ("JPY"), New Zealand Dollars ("NZD"), Mexican Pesos ("MXN") or Singaporean Dollars ("SGD"), in each case, to the extent freely tradable and exchangeable into Dollars in the London interbank market or other applicable interbank market, as the case may be, and for which an Exchange Rate can be reasonably determined.
Optional Currency. Any currency other than Dollars (including the "Euro") so long as each such currency is freely convertible into Dollars and which is traded on any recognized Eurocurrency Interbank Market selected by the Agent in good faith; provided, however, in the event any Borrower requests an Optional Currency denominated in a currency other than Austrian schillings, Belgian francs, Danish kroners, British pound sterling, Irish pounds, Hong Kong dollars, Japanese yen, Finnish marks, French francs, German deutsch marks, Italian lira, Norwegian kroner, Spanish pesetas, Swedish kroner or Swiss francs, the request for such Optional Currency shall not be honored in such Optional Currency (but may be honored in Dollars) if the Majority Banks advise the Agent prior to Drawdown Date of such request that such Optional Currency is impracticable to fund on the requested Drawdown Date.
