A OPTIONAL CURRENCY ADVANCE Sample Clauses
A OPTIONAL CURRENCY ADVANCE. Substantially concurrently with the execution and delivery of the April 1998 Amendment, an Optional Currency Advance in the Dollar Equivalent of Fifteen Million Dollars ($15,000,000) shall be made to Cymer Japan, PROVIDED, HOWEVER, that it is understood the Dollar Equivalent of the principal amount of such Optional Currency Advance will fluctuate over time due to currency variations, PROVIDED, FURTHER, in connection with the February 1999 Amendment it is the intention of the Lenders to have increased the availability of the Dollar Equivalent of the Optional Currency Advance by $5,000,000 to the above-referenced $15,000,000 amount, even though, due to the currency fluctuations, the Dollar Equivalent of the Optional Currency Advance in effect prior to the February 1999 Amendment was in excess of the then stated credit limit amount of the Optional Currency Advance. Accordingly, the parties hereto hereby agree that if the Dollar Equivalent of the principal amount of such Optional Currency Advance exceeds Fifteen Million Dollars ($15,000,000) at any time, including, without limitation, upon the making of the incremental $5,000,000 Optional Currency Advance in connection with the February 1999 Amendment, such an occurrence shall not constitute an Event of Default nor prevent the making of such incremental advance as contemplated in the previous sentence, as long as the aggregate principal amount of all Revolving Advances together with the Dollar Equivalent of the aggregate principal amount of the Optional Currency Advance does not exceed Twenty Million Dollars ($20,000,000) after the making of any and all Advances. The Optional Currency Advance shall be made by each of the Lenders in an amount up to its respective Commitment Percentage of Revolving Advances, and BOH shall be the agent for both Lenders in connection with the making of such Advance. Repayments of the Optional Currency Advance made in such Optional Currency shall be made only at the branch of BOH in the country of such Optional Currency."
A OPTIONAL CURRENCY ADVANCE. Substantially concurrently with the execution and delivery of the April 1998 Amendment, an Optional Currency Advance in the Dollar Equivalent of Ten Million Dollars shall be made to Cymer Japan, PROVIDED, HOWEVER, that the Dollar Equivalent of the principal amount of such Optional Currency Advance shall at no time exceed Ten Million Dollars ($10,000,000) AND the aggregate principal amount of all Revolving Advances, the Dollar Equivalent of the aggregate principal amount of the Optional Currency Advance at any one time outstanding shall not exceed the Committed Revolving Line minus the Foreign Exchange Reserve. The Optional Currency Advance shall be made by each of the Lenders in an amount up to its respective Commitment Percentage of Revolving Advances, and BOH shall be the agent for both Lenders in connection with the making of such Advance. Repayments of the Optional Currency Advance made in such Optional Currency shall be made only at the branch of BOH in the country of such Optional Currency."