Alternate Currency Loans. Alternate Currency Loans shall be made at Agent's sole discretion and, notwithstanding the provisions of paragraph (a) above, (i) Borrower and Agent may establish an alternative procedure in the United Kingdom for the requesting and making of Domestic Sterling Loans and (ii) Agent shall not be obligated to accept Borrower's request for (A) a Domestic Sterling Loan at any time that the U.K. Subsidiaries shall have the right to request an advance under the U.K. Credit Agreement or (B) a Domestic Canadian Loan at any time that the Canadian Subsidiaries shall have the right to request an advance under the
Appears in 2 contracts
Sources: Accounts Receivable Management and Security Agreement (TMP Worldwide Inc), Accounts Receivable Management and Security Agreement (TMP Worldwide Inc)