Alternative Currency Commitment. If at any time (as determined by the Administrative Agent under Section 2.6(b)(v)), based upon the Dollar Amount of all outstanding Revolving Credit Loans, Swingline Loans, L/C Obligations and Canadian Outstandings, and for any reason, the outstanding principal amount of all Canadian Outstandings exceeds the lesser of (A) the Revolving Credit Commitment less the sum of all outstanding Revolving Credit Loans, Swingline Loans and L/C Obligations and (B) the Alternative Currency Commitment, then, in each such case, such excess shall be immediately repaid, in the Alternative Currency in which such Alternative Currency Loan or Alternative Currency Loans were initially funded, by the Borrowers to the Administrative Agent for the account of the Lenders.
Appears in 2 contracts
Sources: Credit Agreement (G&k Services Inc), Credit Agreement (G&k Services Inc)