{"component": "clause", "props": {"groups": [{"size": 24, "snippet_links": [{"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [19, 57]}, {"key": "the-applicable", "type": "clause", "offset": [62, 76]}, {"key": "alternate-currency-addendum", "type": "definition", "offset": [77, 104]}, {"key": "date-of-this-agreement", "type": "clause", "offset": [142, 164]}, {"key": "date-of-execution", "type": "clause", "offset": [173, 190]}, {"key": "facility-termination-date", "type": "definition", "offset": [254, 279]}, {"key": "earlier-termination-date", "type": "definition", "offset": [291, 315]}, {"key": "alternate-currency-lenders", "type": "definition", "offset": [427, 453]}, {"key": "in-this-agreement", "type": "definition", "offset": [499, 516]}, {"key": "addendum-to", "type": "definition", "offset": [631, 642]}, {"key": "borrower-party", "type": "definition", "offset": [658, 672]}, {"key": "from-time-to-time", "type": "clause", "offset": [709, 726]}, {"key": "amount-not-to-exceed", "type": "clause", "offset": [771, 791]}, {"key": "aggregate-multicurrency-outstanding-credit-exposure", "type": "definition", "offset": [1063, 1114]}, {"key": "aggregate-multicurrency-commitments", "type": "definition", "offset": [1126, 1161]}, {"key": "aggregate-outstanding-principal-amount", "type": "definition", "offset": [1190, 1228]}, {"key": "maximum-amount", "type": "definition", "offset": [1332, 1346]}, {"key": "aggregate-alternate-currency-commitments", "type": "definition", "offset": [1451, 1491]}, {"key": "dollar-amount", "type": "clause", "offset": [1517, 1530]}, {"key": "loan-shall", "type": "definition", "offset": [1691, 1701]}, {"key": "consist-of", "type": "clause", "offset": [1702, 1712]}, {"key": "alternate-currency-share", "type": "definition", "offset": [1857, 1881]}, {"key": "terms-of-this-agreement", "type": "clause", "offset": [1898, 1921]}, {"key": "the-borrowers", "type": "definition", "offset": [1970, 1983]}, {"key": "at-any-time", "type": "clause", "offset": [2040, 2051]}, {"key": "balance-of-the", "type": "clause", "offset": [2152, 2166]}, {"key": "loans-shall", "type": "definition", "offset": [2186, 2197]}, {"key": "paid-in-full", "type": "clause", "offset": [2201, 2213]}, {"key": "prepayments-of-the", "type": "clause", "offset": [2284, 2302]}, {"key": "to-the-extent", "type": "clause", "offset": [2376, 2389]}, {"key": "by-this-agreement", "type": "clause", "offset": [2399, 2416]}, {"key": "six-months", "type": "definition", "offset": [2546, 2556]}, {"key": "eurocurrency-rate", "type": "definition", "offset": [2582, 2599]}, {"key": "eurocurrency-loan", "type": "definition", "offset": [2639, 2656]}, {"key": "definition-of", "type": "clause", "offset": [2714, 2727]}, {"key": "eurocurrency-base-rate", "type": "definition", "offset": [2729, 2751]}, {"key": "london-interbank-market", "type": "definition", "offset": [2800, 2823]}, {"key": "rate-quotation", "type": "definition", "offset": [2864, 2878]}, {"key": "eligible-currency", "type": "clause", "offset": [2914, 2931]}, {"key": "with-respect-to", "type": "clause", "offset": [2946, 2961]}, {"key": "pursuant-to-such", "type": "clause", "offset": [2996, 3012]}, {"key": "the-definition", "type": "definition", "offset": [3137, 3151]}, {"key": "notice-to-the-administrative-agent", "type": "clause", "offset": [3302, 3336]}, {"key": "establishment-of", "type": "clause", "offset": [3349, 3365]}, {"key": "additional-alternate-currency", "type": "definition", "offset": [3366, 3395]}, {"key": "additional-alternate-currencies", "type": "clause", "offset": [3411, 3442]}, {"key": "request-for-a-new-alternate-currency-facility", "type": "definition", "offset": [3667, 3712]}, {"key": "multicurrency-lenders", "type": "definition", "offset": [3770, 3791]}, {"key": "from-the-company", "type": "clause", "offset": [3851, 3867]}, {"key": "each-lender", "type": "clause", "offset": [3878, 3889]}, {"key": "agreed-to", "type": "clause", "offset": [3918, 3927]}, {"key": "written-consent", "type": "definition", "offset": [3952, 3967]}, {"key": "received-by", "type": "definition", "offset": [3985, 3996]}, {"key": "business-days", "type": "clause", "offset": [4038, 4051]}, {"key": "notification-by-the-administrative-agent", "type": "clause", "offset": [4074, 4114]}, {"key": "company-in", "type": "clause", "offset": [4183, 4193]}, {"key": "the-request", "type": "clause", "offset": [4194, 4205]}, {"key": "in-the-event", "type": "clause", "offset": [4246, 4258]}, {"key": "consent-to", "type": "definition", "offset": [4298, 4308]}, {"key": "agree-to", "type": "clause", "offset": [4364, 4372]}, {"key": "requested-by", "type": "definition", "offset": [4462, 4474]}, {"key": "upon-execution", "type": "clause", "offset": [4488, 4502]}, {"key": "other-documents", "type": "clause", "offset": [4557, 4572]}, {"key": "agreements-required", "type": "clause", "offset": [4590, 4609]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [4610, 4636]}, {"key": "applicable-law", "type": "clause", "offset": [4776, 4790]}, {"key": "in-no-event-shall", "type": "clause", "offset": [4792, 4809]}, {"key": "right-to-accelerate", "type": "clause", "offset": [4874, 4893]}, {"key": "loans-outstanding", "type": "definition", "offset": [4917, 4934]}, {"key": "stated-termination-date", "type": "definition", "offset": [5092, 5115]}, {"key": "each-case", "type": "definition", "offset": [5215, 5224]}, {"key": "such-rights", "type": "definition", "offset": [5231, 5242]}, {"key": "acceleration-of-the-loans", "type": "clause", "offset": [5251, 5276]}, {"key": "termination-of-the-commitments", "type": "clause", "offset": [5283, 5313]}, {"key": "section-81", "type": "clause", "offset": [5326, 5337]}, {"key": "default-under", "type": "clause", "offset": [5399, 5412]}, {"key": "without-recourse", "type": "definition", "offset": [5554, 5570]}, {"key": "undivided-interest", "type": "definition", "offset": [5587, 5605]}, {"key": "in-accordance-with", "type": "clause", "offset": [5667, 5685]}, {"key": "commitment-percentage", "type": "clause", "offset": [5700, 5721]}, {"key": "equal-to", "type": "definition", "offset": [5837, 5845]}, {"key": "each-of-the-lenders", "type": "clause", "offset": [5947, 5966]}, {"key": "pay-to", "type": "definition", "offset": [5973, 5979]}, {"key": "request-for-payment", "type": "definition", "offset": [6070, 6089]}], "snippet": "(i) Subject to the terms and conditions of this Agreement and the applicable Alternate Currency Addendum, from and including the later of the date of this Agreement and the date of execution of the applicable Alternate Currency Addendum and prior to the Facility Termination Date (unless an earlier termination date shall be specified in the applicable Alternate Currency Addendum), the Administrative Agent and the applicable Alternate Currency Lenders agree, on the terms and conditions set forth in this Agreement and in the applicable Alternate Currency Addendum, to make Alternate Currency Loans under such Alternate Currency Addendum to the applicable Borrower party to such Alternate Currency Addendum from time to time in the applicable Alternate Currency, in an amount not to exceed each such Alternate Currency Lender\u2019s applicable Alternate Currency Commitment; provided, however, (i) at no time shall the outstanding principal amount of all Alternate Currency Loans exceed the Alternate Currency Commitment for such currency, (ii) at no time shall the Aggregate Multicurrency Outstanding Credit Exposure exceed the Aggregate Multicurrency Commitments, (iii) at no time shall the aggregate outstanding principal amount of the Alternate Currency Loans for any specific Alternate Currency exceed the amount specified as the maximum amount for such Alternate Currency in the applicable Alternate Currency Addendum and (iv) at no time shall the aggregate Alternate Currency Commitments exceed $100,000,000. The Dollar Amount of any Alternate Currency Commitment of an Alternate Currency Lender shall be deemed to utilize such Lender\u2019s Multicurrency Commitment. Each Alternate Currency Loan shall consist of Alternate Currency Loans made by each applicable Alternate Currency Lender ratably in proportion to such Alternate Currency Lender\u2019s respective Alternate Currency Share. Subject to the terms of this Agreement and the applicable Alternate Currency Addendum, the Borrowers may borrow, repay and reborrow Alternate Currency Loans at any time prior to the Facility Termination Date. On the Facility Termination Date, the outstanding principal balance of the Alternate Currency Loans shall be paid in full by the applicable Borrower and prior to the Facility Termination Date prepayments of the Alternate Currency Loans shall be made by the applicable Borrower if and to the extent required by this Agreement. Subject to the applicable Alternate Currency Addendum, each Alternate Currency Loan shall have a maturity of one, two, three or six months and bear interest at the Eurocurrency Rate for such period as if such Loan were a Eurocurrency Loan. If an Alternate Currency Addendum includes an alternate definition of \u201cEurocurrency Base Rate\u201d referencing an interbank market other than the London interbank market and/or different times and/or different rate quotation screens relative to the applicable Eligible Currency, then (solely with respect to any Alternate Currency Loans made pursuant to such Alternate Currency Addendum denominated in such Eligible Currency) the term \u201cEurocurrency Base Rate\u201d shall, notwithstanding the definition thereof in Section 1.1, be deemed to mean the Eurocurrency Base Rate as defined in such Alternate Currency Addendum.\n(ii) The Company may, by written notice to the Administrative Agent request the establishment of additional Alternate Currency Commitments in additional Alternate Currencies, provided the Dollar Amount of the Alternate Currency Commitment requested together with the Aggregate Multicurrency Outstanding Credit Exposure does not exceed the Aggregate Multicurrency Commitments (each such request, a \u201cRequest for a New Alternate Currency Facility\u201d). The Administrative Agent will promptly forward to the Multicurrency Lenders any Request for a New Alternate Currency Facility received from the Company, provided each Lender shall be deemed not to have agreed to such request unless its written consent thereto has been received by the Administrative Agent within ten (10) Business Days from the date of such notification by the Administrative Agent to such Lender (or such shorter period as shall be specified by the Company in the Request for a New Alternate Currency Facility). In the event that one or more Multicurrency Lenders consent to such Request for a New Alternate Currency Facility and agree to make Alternate Currency Loans in such Alternate Currency in an amount not less than that requested by the Company, upon execution of the applicable Alternate Currency Addendum and the other documents, instruments and agreements required pursuant to this Agreement and such Alternate Currency Addendum, the Alternate Currency Loans with respect thereto may be made.\n(iii) Except as otherwise required by applicable Law, in no event shall the Administrative Agent or Alternate Currency Lenders have the right to accelerate the Alternate Currency Loans outstanding under any Alternate Currency Addendum or to terminate their Alternate Currency Commitments (if any) thereunder to make Alternate Currency Loans prior to the stated termination date in respect thereof, except that such Administrative Agent and Alternate Currency Lenders shall, in each case, have such rights upon an acceleration of the Loans and a termination of the Commitments pursuant to Section 8.1.\n(iv) Immediately and automatically upon the occurrence of a Default under Sections 7.2, 7.6 or 7.7, each Lender shall be deemed to have unconditionally and irrevocably purchased from each Alternate Currency Lender, without recourse or warranty, an undivided interest in and participation in each Alternate Currency Loan ratably in accordance with such Lender\u2019s Commitment Percentage, and immediately and automatically all Alternate Currency Loans shall be converted to and redenominated in Dollars equal to the Dollar Amount of each such Alternate Currency Loan determined as of the date of such conversion. Each of the Lenders shall pay to the applicable Alternate Currency Lender not later than two (2) Business Days following a request for payment from such Lender, in Dollars, an amount equal to the undivided interest in and participation in the Alternate Currency Loan purchased by such Lender pursuant to this Section 2.1(c)(iv).", "samples": [{"hash": "fnDsAPRXmyY", "uri": "/contracts/fnDsAPRXmyY#alternate-currency-loans", "label": "Five Year Credit Agreement (Cardinal Health Inc)", "score": 30.4866523743, "published": true}, {"hash": "gzsS6qd39Qu", "uri": "/contracts/gzsS6qd39Qu#alternate-currency-loans", "label": "Five Year Credit Agreement (Cardinal Health Inc)", "score": 27.4695415497, "published": true}], "hash": "1cdea58ac6db050e49d6b31ffeeb4ad6", "id": 1}, {"size": 18, "snippet_links": [{"key": "borrower-requests", "type": "clause", "offset": [11, 28]}, {"key": "a-borrowing", "type": "definition", "offset": [29, 40]}, {"key": "conversion-notice", "type": "clause", "offset": [102, 119]}, {"key": "agent-shall", "type": "definition", "offset": [241, 252]}, {"key": "notice-given", "type": "clause", "offset": [260, 272]}, {"key": "revolving-loan-lenders", "type": "definition", "offset": [280, 302]}, {"key": "section-23", "type": "clause", "offset": [315, 326]}, {"key": "section-24", "type": "definition", "offset": [330, 341]}, {"key": "details-of", "type": "clause", "offset": [368, 378]}, {"key": "without-limitation", "type": "clause", "offset": [415, 433]}, {"key": "amount-of-the-borrowing", "type": "clause", "offset": [479, 502]}, {"key": "each-lender", "type": "clause", "offset": [544, 555]}, {"key": "agreement-or", "type": "definition", "offset": [586, 598]}, {"key": "loans-to", "type": "clause", "offset": [648, 656]}, {"key": "the-applicable", "type": "clause", "offset": [832, 846]}, {"key": "available-to", "type": "definition", "offset": [876, 888]}, {"key": "day-of", "type": "clause", "offset": [944, 950]}, {"key": "the-proposed", "type": "clause", "offset": [978, 990]}, {"key": "not-available", "type": "clause", "offset": [1099, 1112]}, {"key": "in-the-event", "type": "clause", "offset": [1118, 1130]}, {"key": "the-lenders", "type": "clause", "offset": [1214, 1225]}, {"key": "proposed-borrowing", "type": "clause", "offset": [1481, 1499]}, {"key": "pursuant-to-clause", "type": "clause", "offset": [1593, 1611]}, {"key": "in-the-case", "type": "clause", "offset": [1840, 1851]}, {"key": "borrowing-request", "type": "definition", "offset": [1859, 1876]}, {"key": "loans-shall", "type": "definition", "offset": [2072, 2083]}, {"key": "base-rate-loans", "type": "definition", "offset": [2106, 2121]}, {"key": "the-borrowers", "type": "definition", "offset": [2184, 2197]}, {"key": "notice-by-the", "type": "clause", "offset": [2253, 2266]}, {"key": "aggregate-dollar-equivalent-amount", "type": "definition", "offset": [2373, 2407]}, {"key": "revaluation-date", "type": "definition", "offset": [2464, 2480]}, {"key": "an-event-of-default", "type": "clause", "offset": [2617, 2636]}, {"key": "the-request", "type": "clause", "offset": [2643, 2654]}, {"key": "revolving-loan-commitments", "type": "definition", "offset": [2702, 2728]}, {"key": "last-day", "type": "definition", "offset": [2855, 2863]}, {"key": "interest-period", "type": "clause", "offset": [2871, 2886]}, {"key": "with-respect-to", "type": "clause", "offset": [2887, 2902]}, {"key": "applicable-borrowers", "type": "definition", "offset": [3003, 3023]}, {"key": "conversion-request", "type": "definition", "offset": [3086, 3104]}], "snippet": "(a) If any Borrower requests a Borrowing in an Alternate Currency, or if pursuant to any Continuation/Conversion Notice a Borrower elects to continue any LIBO Rate Loan denominated in an Alternate Currency, the Revolving Loan Administrative Agent shall in the notice given to the Revolving Loan Lenders pursuant to Section 2.3 or Section 2.4, as the case may be, give details of such request or election including, without limitation, as the case may be, the aggregate principal amount of the Borrowing in such Alternate Currency to be made by each Lender pursuant to the terms of this Agreement or the aggregate principal amount of such LIBO Rate Loans to be continued by each Lender pursuant to the terms of this Agreement.\n(b) Each Lender shall be treated as having confirmed that the Alternate Currency requested, or elected by the applicable Borrower to be continued, is Available to it unless no later than 9:00 a.m. on the same Business Day of the requested Borrowing or the proposed continuation it shall have notified the Revolving Loan Administrative Agent that such Alternate Currency is not Available.\n(c) In the event that the Revolving Loan Administrative Agent has received notification from any of the Lenders that the Alternate Currency requested or elected by the applicable Borrower to be continued is not Available, then the Revolving Loan Administrative Agent shall notify such Borrower and the Lenders no later than 10:00 a.m. on the same Business Day of the proposed Borrowing or proposed continuation.\n(d) If the Revolving Loan Administrative Agent notifies a Borrower pursuant to clause (c) above that any of the Lenders has notified the Revolving Loan Administrative Agent that the Alternate Currency requested or elected by such Borrower to be continued or converted is not Available, such notification shall (i) in the case of any Borrowing Request, revoke such Borrowing Request and (ii) in the case of any Continuation/Conversion Notice, such continuation/conversion with respect thereto shall be deemed withdrawn and such Alternate Currency Loans shall be redenominated into Base Rate Loans. The Revolving Loan Administrative Agent will promptly notify the Borrowers and the Lenders of any such redenomination and in such notice by the Revolving Loan Administrative Agent to each Lender the Revolving Loan Administrative Agent will state the aggregate Dollar Equivalent amount of the redenominated Alternate Currency Loans as of the Revaluation Date with respect thereto and such Lender\u2019s Percentage thereof.\n(e) Notwithstanding anything herein to the contrary, during the existence of an Event of Default, upon the request of the Lenders holding in excess of 50% of the Revolving Loan Commitments, all or any part of any outstanding Alternate Currency Loans shall be redenominated and converted into Base Rate Loans on the last day of the Interest Period with respect to any such Alternate Currency Loans. The Revolving Loan Administrative Agent will promptly notify the applicable Borrowers and the Revolving Loan Lenders of any such redenomination and conversion request.", "samples": [{"hash": "kP3sxe0T8SD", "uri": "/contracts/kP3sxe0T8SD#alternate-currency-loans", "label": "Credit Agreement (Ferro Corp)", "score": 21.0, "published": true}, {"hash": "cc3YGjymlJV", "uri": "/contracts/cc3YGjymlJV#alternate-currency-loans", "label": "Credit Agreement (Ferro Corp)", "score": 21.0, "published": true}], "hash": "69685a8354fa39028fbeab18b48154b4", "id": 2}, {"size": 5, "snippet_links": [{"key": "each-borrowing", "type": "clause", "offset": [0, 14]}, {"key": "principal-of", "type": "definition", "offset": [45, 57]}, {"key": "alternate-currency", "type": "definition", "offset": [82, 100]}, {"key": "canadian-dollars", "type": "definition", "offset": [113, 129]}, {"key": "aggregate-principal-amount", "type": "definition", "offset": [146, 172]}, {"key": "integral-multiple", "type": "definition", "offset": [185, 202]}, {"key": "the-relevant", "type": "clause", "offset": [223, 235]}, {"key": "equal-to", "type": "definition", "offset": [259, 267]}, {"key": "dollar-equivalent", "type": "definition", "offset": [298, 315]}, {"key": "provided-that", "type": "clause", "offset": [340, 353]}, {"key": "any-loan", "type": "clause", "offset": [358, 366]}, {"key": "aggregate-amount", "type": "definition", "offset": [381, 397]}, {"key": "unused-portion", "type": "definition", "offset": [405, 419]}, {"key": "prepayment-of-loans", "type": "clause", "offset": [518, 537]}, {"key": "aggregate-face-amount", "type": "definition", "offset": [592, 613]}], "snippet": "Each borrowing, conversion and prepayment of principal of Loans denominated in an Alternate Currency (other than Canadian Dollars) shall be in an aggregate principal amount which is an integral multiple of 100,000 units of the relevant Alternate Currency and equal to or greater than an amount the Dollar Equivalent of which is $1,000,000; provided that (i) any Loan may be in the aggregate amount of the unused portion of the relevant Commitments and (ii) Loans may be prepaid in full. Each borrowing, conversion and prepayment of Loans denominated in Canadian Dollars shall be in a minimum aggregate face amount of C$1,000,000 or a whole multiple of C$100,000 in excess thereof; provided that (i) any Loan may be in the aggregate amount of the unused portion of the relevant Commitments and (ii) Loans may be prepaid in full.", "samples": [{"hash": "5r6B56i2PNC", "uri": "/contracts/5r6B56i2PNC#alternate-currency-loans", "label": "Credit Agreement (Iron Mountain Inc)", "score": 35.8501014709, "published": true}, {"hash": "aGjBi44y5f0", "uri": "/contracts/aGjBi44y5f0#alternate-currency-loans", "label": "Credit Agreement (Iron Mountain Inc)", "score": 35.5817947388, "published": true}, {"hash": "9S34fynMoz9", "uri": "/contracts/9S34fynMoz9#alternate-currency-loans", "label": "Credit Agreement (Iron Mountain Inc)", "score": 35.5023956299, "published": true}], "hash": "6d66375c27dcdbe88a4a39d52070d866", "id": 3}, {"size": 4, "snippet_links": [{"key": "loan-shall", "type": "definition", "offset": [23, 33]}, {"key": "the-applicable", "type": "clause", "offset": [51, 65]}, {"key": "eurocurrency-rate", "type": "definition", "offset": [66, 83]}, {"key": "applicable-margin", "type": "definition", "offset": [93, 110]}, {"key": "per-annum", "type": "definition", "offset": [116, 125]}, {"key": "based-on", "type": "definition", "offset": [179, 187]}, {"key": "eurocurrency-loan", "type": "definition", "offset": [222, 239]}], "snippet": "Any Alternate Currency Loan shall bear interest at the applicable Eurocurrency Rate plus the Applicable Margin on a per annum basis. Each Alternate Currency Loan bearing interest based on the Eurocurrency Rate shall be a \u201cEurocurrency Loan.\u201d", "samples": [{"hash": "jbQ3Kd8a8Ma", "uri": "/contracts/jbQ3Kd8a8Ma#alternate-currency-loans", "label": "Credit Agreement (Urban Outfitters Inc)", "score": 25.2464065552, "published": true}, {"hash": "aTC0pefcVtR", "uri": "/contracts/aTC0pefcVtR#alternate-currency-loans", "label": "Credit Agreement (Urban Outfitters Inc)", "score": 21.4325809479, "published": true}, {"hash": "mR2jaUPZyD", "uri": "/contracts/mR2jaUPZyD#alternate-currency-loans", "label": "Credit Agreement (Urban Outfitters Inc)", "score": 21.0, "published": true}], "hash": "a83c63c018b0396d5e44087e41945bfd", "id": 4}, {"size": 2, "snippet_links": [{"key": "interest-on-the", "type": "clause", "offset": [20, 35]}, {"key": "unpaid-principal-amount", "type": "definition", "offset": [36, 59]}, {"key": "each-revolving-loan", "type": "definition", "offset": [63, 82]}, {"key": "loan-outstanding", "type": "definition", "offset": [113, 129]}, {"key": "from-time-to-time", "type": "clause", "offset": [130, 147]}, {"key": "in-advance", "type": "clause", "offset": [155, 165]}, {"key": "day-of", "type": "clause", "offset": [179, 185]}, {"key": "interest-period-applicable-thereto", "type": "clause", "offset": [190, 224]}, {"key": "last-day", "type": "definition", "offset": [237, 245]}, {"key": "derived-alternate-currency-rate", "type": "definition", "offset": [296, 327]}, {"key": "loan-shall", "type": "definition", "offset": [365, 375]}, {"key": "interest-adjustment-date", "type": "clause", "offset": [395, 419]}, {"key": "an-interest-period", "type": "clause", "offset": [436, 454]}, {"key": "provided-that", "type": "clause", "offset": [456, 469]}, {"key": "interest-period-shall", "type": "definition", "offset": [476, 497]}, {"key": "beginning-of", "type": "clause", "offset": [598, 610]}], "snippet": "Borrowers shall pay interest on the unpaid principal amount of each Revolving Loan that is an Alternate Currency Loan outstanding from time to time, fixed in advance on the first day of the Interest Period applicable thereto through the last day of the Interest Period applicable thereto, at the Derived Alternate Currency Rate. Interest on such Alternate Currency Loan shall be payable on each Interest Adjustment Date with respect to an Interest Period (provided that if an Interest Period shall exceed three months, the interest must be paid every three months, commencing three months from the beginning of such Interest Period).", "samples": [{"hash": "d1hc3aucGjb", "uri": "/contracts/d1hc3aucGjb#alternate-currency-loans", "label": "Credit Agreement (Gibraltar Industries, Inc.)", "score": 21.585899353, "published": true}, {"hash": "fDbkWEoAPfF", "uri": "/contracts/fDbkWEoAPfF#alternate-currency-loans", "label": "Credit Agreement (Gibraltar Industries, Inc.)", "score": 21.0, "published": true}], "hash": "402a0c50bf4dac927e6ce72f98a6c306", "id": 5}, {"size": 2, "snippet_links": [{"key": "loans-shall", "type": "definition", "offset": [19, 30]}, {"key": "sole-discretion", "type": "definition", "offset": [50, 65]}, {"key": "notwithstanding-the-provisions-of", "type": "clause", "offset": [71, 104]}, {"key": "alternative-procedure", "type": "definition", "offset": [166, 187]}, {"key": "the-united-kingdom", "type": "clause", "offset": [191, 209]}, {"key": "the-requesting", "type": "clause", "offset": [214, 228]}, {"key": "sterling-loans", "type": "definition", "offset": [252, 266]}, {"key": "agent-shall", "type": "definition", "offset": [276, 287]}, {"key": "request-for", "type": "definition", "offset": [326, 337]}, {"key": "at-any-time", "type": "clause", "offset": [367, 378]}, {"key": "right-to-request", "type": "clause", "offset": [421, 437]}, {"key": "agreement-or", "type": "definition", "offset": [471, 483]}, {"key": "canadian-loan", "type": "clause", "offset": [499, 512]}, {"key": "canadian-subsidiaries", "type": "clause", "offset": [534, 555]}], "snippet": "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", "samples": [{"hash": "lYbXw25QAEF", "uri": "/contracts/lYbXw25QAEF#alternate-currency-loans", "label": "Accounts Receivable Management and Security Agreement (TMP Worldwide Inc)", "score": 18.0, "published": true}, {"hash": "dCrqTGWsYGf", "uri": "/contracts/dCrqTGWsYGf#alternate-currency-loans", "label": "Accounts Receivable Management and Security Agreement (TMP Worldwide Inc)", "score": 18.0, "published": true}], "hash": "15f2d608b6cafa617a2260fa7c6a2a39", "id": 6}, {"size": 2, "snippet_links": [{"key": "this-addendum", "type": "definition", "offset": [4, 17]}, {"key": "from-time-to-time", "type": "clause", "offset": [76, 93]}, {"key": "alternate-currency-addendum", "type": "definition", "offset": [102, 129]}, {"key": "the-credit-agreement", "type": "clause", "offset": [145, 165]}, {"key": "the-borrowings", "type": "clause", "offset": [188, 202]}, {"key": "in-all-respects", "type": "clause", "offset": [227, 242]}, {"key": "provisions-of-the", "type": "clause", "offset": [260, 277]}, {"key": "except-to-the-extent", "type": "clause", "offset": [295, 315]}, {"key": "lender-party", "type": "definition", "offset": [416, 428]}, {"key": "on-schedule", "type": "definition", "offset": [460, 471]}], "snippet": "(a) This Addendum (as the same may be amended, waived, modified or restated from time to time) is an \"Alternate Currency Addendum\" as defined in the Credit Agreement and is, together with the borrowings made hereunder, subject in all respects to the terms and provisions of the Credit Agreement except to the extent that the terms and provisions of the Credit Agreement are modified by this Addendum. The Swing Line Lender party to this Addendum are set forth on Schedule I.", "samples": [{"hash": "1ZDnyJ5BdDN", "uri": "/contracts/1ZDnyJ5BdDN#alternate-currency-loans", "label": "Credit Agreement (Chicago Bridge & Iron Co N V)", "score": 18.0, "published": true}], "hash": "885132388991a8da04a1440a0468d0d3", "id": 7}, {"size": 2, "snippet_links": [{"key": "judgment-currency", "type": "definition", "offset": [8, 25]}], "snippet": "50 2.22 Judgment Currency.....................................52 2.23", "samples": [{"hash": "gyeuyYnfidN", "uri": "/contracts/gyeuyYnfidN#alternate-currency-loans", "label": "Credit Agreement (Schawk Inc)", "score": 18.0, "published": true}], "hash": "eb7fc0e1a2135dfa38c6fba585940811", "id": 8}, {"size": 2, "snippet_links": [{"key": "satisfaction-of-the-conditions-precedent", "type": "clause", "offset": [13, 53]}, {"key": "article-v", "type": "definition", "offset": [67, 76]}, {"key": "the-applicable", "type": "clause", "offset": [101, 115]}, {"key": "alternate-currency-addendum", "type": "definition", "offset": [116, 143]}, {"key": "date-of-this-agreement", "type": "clause", "offset": [181, 203]}, {"key": "date-of-execution", "type": "clause", "offset": [212, 229]}, {"key": "prior-to", "type": "definition", "offset": [280, 288]}, {"key": "earlier-termination-date", "type": "definition", "offset": [317, 341]}, {"key": "pursuant-to-the", "type": "definition", "offset": [367, 382]}, {"key": "alternate-currency-bank", "type": "definition", "offset": [428, 451]}, {"key": "the-terms-and-conditions", "type": "definition", "offset": [463, 487]}, {"key": "in-this-agreement", "type": "definition", "offset": [498, 515]}], "snippet": "(A) Upon the satisfaction of the conditions precedent set forth in Article V hereof and set forth in the applicable Alternate Currency Addendum, from and including the later of the date of this Agreement and the date of execution of the applicable Alternate Currency Addendum and prior to Termination Date (unless an earlier termination date shall be specified in or pursuant to the applicable Alternate Currency Addendum), the Alternate Currency Bank agrees, on the terms and conditions set forth in this Agreement and in the applicable Alternate Currency Addendum,", "samples": [{"hash": "6Twh4iJEKD8", "uri": "/contracts/6Twh4iJEKD8#alternate-currency-loans", "label": "Credit Agreement (Schawk Inc)", "score": 18.0, "published": true}], "hash": "7352f56e0d1b1068b3be53290ed25a01", "id": 9}, {"size": 2, "snippet_links": [{"key": "subject-to-the-terms", "type": "clause", "offset": [0, 20]}, {"key": "from-the-effective-date", "type": "clause", "offset": [62, 85]}, {"key": "but-excluding", "type": "clause", "offset": [89, 102]}, {"key": "termination-date", "type": "clause", "offset": [107, 123]}, {"key": "alternate-currency-lender", "type": "definition", "offset": [129, 154]}, {"key": "agrees-to", "type": "clause", "offset": [155, 164]}, {"key": "to-the-borrower", "type": "clause", "offset": [221, 236]}, {"key": "aggregate-principal-amount", "type": "definition", "offset": [243, 269]}, {"key": "alternate-currency-commitment", "type": "definition", "offset": [342, 371]}, {"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [388, 426]}, {"key": "loans-hereunder", "type": "clause", "offset": [491, 506]}, {"key": "loans-shall", "type": "definition", "offset": [531, 542]}, {"key": "to-this-agreement", "type": "clause", "offset": [556, 573]}, {"key": "alternate-currency-note", "type": "definition", "offset": [595, 618]}], "snippet": "Subject to the terms and conditions hereof, during the period from the Effective Date to but excluding the Termination Date, the Alternate Currency Lender agrees to make Alternate Currency Loans in the Alternate Currency to the Borrower in an aggregate principal amount at any one time outstanding up to, but not exceeding, the amount of the Alternate Currency Commitment. Subject to the terms and conditions of this Agreement, the Borrower may borrow, repay and reborrow Alternate Currency Loans hereunder. The Alternate Currency Loans shall, in addition to this Agreement, be evidenced by the Alternate Currency Note.", "samples": [{"hash": "hzDyzFPHE4f", "uri": "/contracts/hzDyzFPHE4f#alternate-currency-loans", "label": "Credit Agreement (U-Store-It Trust)", "score": 21.0, "published": true}], "hash": "e988cdcf41a23811e1d6865941e50cf2", "id": 10}], "next_curs": "CmESW2oVc35sYXdpbnNpZGVyY29udHJhY3Rzcj0LEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IiFhbHRlcm5hdGUtY3VycmVuY3ktbG9hbnMjMDAwMDAwMGEMogECZW4YACAA", "clause": {"size": 72, "children": [["statements", "Statements"], ["borrowing-notice", "Borrowing Notice"], ["other-provisions-applicable-to-alternate-currency-loans", "Other Provisions Applicable to Alternate Currency Loans"], ["termination", "Termination"], ["risk-participation", "Risk Participation"]], "parents": [["the-credits", "The Credits"], ["revolving-loan-facilities", "Revolving Loan Facilities"], ["interest", "Interest"], ["loan-facilities", "Loan Facilities"], ["minimum-and-maximum-amounts-types", "Minimum and Maximum Amounts Types"]], "title": "Alternate Currency Loans", "id": "alternate-currency-loans", "related": [["eurocurrency-loans", "Eurocurrency Loans", "Eurocurrency Loans"], ["revolving-loans", "Revolving Loans", "Revolving Loans"], ["abr-loans", "ABR Loans", "ABR Loans"], ["base-rate-loans", "Base Rate Loans", "Base Rate Loans"], ["eurodollar-loans", "Eurodollar Loans", "Eurodollar Loans"]], "related_snippets": [], "updated": "2025-07-15T00:51:33+00:00", "also_ask": [], "drafting_tip": "", "explanation": "The Alternate Currency Loans clause allows borrowers and lenders to agree that a loan may be drawn, repaid, or outstanding in a currency other than the primary currency specified in the agreement. This clause typically outlines the process for selecting an alternate currency, any conditions or limitations on such selection, and how currency conversions and exchange rates will be handled. Its core practical function is to provide flexibility in international financing arrangements, enabling parties to manage currency risk and meet specific business needs related to cross-border transactions."}, "json": true, "cursor": ""}}