Amount of Optional Currencies. If an Advance is to be made in an Optional Currency, the amount of the Advance will be determined by converting into that Optional Currency, the Original Euro Amount of that Advance on the basis of the Agent’s Spot Rate of Exchange on the day which is three Business Days prior to the proposed Drawdown Date.
Amount of Optional Currencies. 20 12. Payments ................................ 21 13. Taxes.................................... 23 14.
Amount of Optional Currencies. If a Loan is to be drawn down in an Optional Currency, the Original Sterling Amount of each Bank’s participation in that Loan will be determined by converting into Sterling the Bank’s participation in that Loan on the basis of the applicable Agent’s Spot Rate of Exchange 3 Business Days before its Drawdown Date. The Agent shall notify each Bank and each Borrower of the Original Sterling Amount of each Loan denominated in an Optional Currency and the applicable Agent’s Spot Rate of Exchange promptly after they are ascertained.
Amount of Optional Currencies. 11.1 Drawdowns --------- If a Loan is to be drawn down in an Optional Currency, the amount of each Bank's participation in that Loan will be determined by converting into that Optional Currency the Bank's participation in the Original Dollar Amount of that Loan on the basis of the Agent's Spot Rate of Exchange four Business Days before its Drawdown Date.
Amount of Optional Currencies. 2.8.1 In this clause 2.8, the "Issuing Bank's spot rate of exchange" means the Issuing Bank's rate of exchange for the purchase in the London Foreign Exchange Market of the appropriate amount of the relevant Optional Currency with Dollars at or about 11.00 a.m. on, as the case may be, each Issue Date on which an Optional Currency UC is to be issued or on which a previously issued Optional Currency L/C remains outstanding, the Settlement Date of an Optional Currency L/C and each Reset Date or on any other date when compliance with clause 8.2.1 is tested by the Agent, as relevant (each an "L/C Valuation Date").
Amount of Optional Currencies. (i) Drawdowns If an Advance is to be drawn down in an Optional Currency, the amount of each Lender's participation is that Advance will be determined by converting into that Optional Currency the Lender's participation in the Original Dollar Amount of that Advance on the basis of the Agent's Spot Rate of Exchange two Business Days before its date of borrowing.
Amount of Optional Currencies. 2.21.1 In this clause 2.21, the “
Amount of Optional Currencies. If an Advance is to be made in an Optional Currency, the amount of the Advance will be determined by converting into that Optional Currency, the Original Swiss Franc Amount of that Advance on the basis of the Agent's Spot Rate of Exchange on the day which is three Business Days prior to the proposed Drawdown Date.
Amount of Optional Currencies. (a) If a Revolving Loan is to be drawn down in an Optional Currency, the amount of each Lender’s participation in that Revolving Loan will be determined by converting into that Optional Currency that Lender’s participation in the Original Dollar Amount of that Revolving Loan on the basis of the Facility Agent’s Spot Rate of Exchange one Business Day before the Rate Fixing Day applicable to that Loan.
Amount of Optional Currencies. (a) If a Loan is to be drawn down in an Optional Currency, the amount of each Bank's participation in that Loan will be determined by converting into that Optional Currency that Bank's participation in the Original Dollar Amount of that Loan on the basis of the Facility Agent's Spot Rate of Exchange two Business Days or, in the case of a Loan denominated in an Optional Currency, three Business Days before its Drawdown Date.
