Optional Currency definition

Optional Currency means a currency (other than the Base Currency) which complies with the conditions set out in Clause 4.3 (Conditions relating to Optional Currencies).

Optional Currency means any currency (other than euros) in which a Loan may be denominated under this Agreement.

Optional Currency means, in relation to any Advance, any currency other than euro, Dollars and Sterling which:

Examples of Optional Currency in a sentence

• Advances in an Optional Currency shall be in a minimum amount and whole multiple determined by the Agent by written notice to the Borrowers.

• The Credit consists of a tranche that is referred to as the “Main Tranche” initially of up to $720,000,000 (or the Equivalent Amount in US Dollars, Euros, Swiss Francs, Sterling or, subject to Section 2.1.3(eg), an Optional Currency), and a tranche that is referred to as the “Overdraft Tranche”, of up to $30,000,000 (or the Equivalent Amount in US Dollars).

• The Revolving Credit consists of a tranche that is referred to as the “Main Tranche” initially of up to $720,000,000 (or the Equivalent Amount in US Dollars, Euros, Sterling or, subject to Section 2.1.32.1.4(g), an Optional Currency), and a tranche that is referred to as the “Overdraft Tranche”, of up to $30,000,000 (or the Equivalent Amount in US Dollars).

• The Credit consists of a tranche that is referred to as the “Main Tranche” initially of up to $720,000,000 (or the Equivalent Amount in US Dollars, Euros, Swiss Francs, Sterling or, subject to Section 2.1.3(e), an Optional Currency), and a tranche that is referred to as the “Overdraft Tranche”, of up to $30,000,000 (or the Equivalent Amount in US Dollars).

More Definitions of Optional Currency

Optional Currency means the following lawful currencies: Euros, British Pounds Sterling and Canadian Dollars and any other currency approved by Administrative Agent, the Swingline Lender and all of the Issuing Banks pursuant to Section 2.23(e). Subject to Section 2.23, each Optional Currency must be the lawful currency of the specified country.

Optional Currency at any time, Australian Dollars, Canadian Dollars, Euro, New Zealand Dollars, Pounds Sterling and such other currencies which are convertible into Dollars and are freely traded and available in the London interbank eurocurrency market and are approved by the Administrative Agent (such approval not to be unreasonably withheld).

Optional Currency means, (i) with respect to Loans made under each Facility (other than the Brazilian Facility and the Domestic Facility), at any time, Euro, Pounds Sterling, Japanese Yen and such other currencies which are freely convertible into Dollars and are freely traded and available in the London interbank eurocurrency market with the consent of the Administrative Agent and the Lenders under the applicable Facility and (ii) with respect to Letters of Credit issued under the L/C Tranche Facility, the currencies specified in the L/C Fee Letter.

Optional Currency means, in relation to any Advance or proposed Advance, Sterling, U.S. Dollars or any other currency other than euros which is readily available and freely transferable in the London foreign exchange market in sufficient amounts to fund that Advance.

Optional Currency. Sublimit shall have the meaning specified in Section 2.1.1 [Revolving Credit Loans; Optional Currency Loans]. Order shall have the meaning specified in Section 2.9.9 [Liability for Acts and Omissions]. Original Currency shall have the meaning specified in Section 4.12 [Currency Conversion Procedures for Judgments]. Other Currency shall have the meaning specified in Section 4.12 [Currency Conversion Procedures for Judgments].

Optional Currency means Sterling, euros or any other currency (other than US Dollars) which is for the time being freely transferable and convertible into US Dollars and deposits of which are readily available in the London interbank market.

Optional Currency euros and Sterling.