Calculation of Dollar Equivalent Amounts Sample Clauses

Calculation of Dollar Equivalent Amounts. Upon each making and upon each payment of a Revolving Credit Loan denominated in an Other Currency, the Agent shall calculate the Dollar Equivalent Amount of such Revolving Credit Loan, as the case may be, and shall provide written confirmation to the Lenders.
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Calculation of Dollar Equivalent Amounts. For the purpose of determining Revolving Credit Exposure generally and for the purpose of determining the Dollar Equivalent Amount, upon each making and upon each payment of a Letter of Credit denominated in an Other Currency, the Agent shall calculate the Dollar Equivalent Amount of such Letter of Credit as of such date, as the case may be, and shall provide written confirmation to the Lenders, the Issuing Bank and the Borrowers.
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Calculation of Dollar Equivalent Amounts. For all purposes of this Agreement, where it becomes necessary to calculate the amount of availability of the Commitments, the Canadian Allocated Commitments or the Sterling Allocated Commitments, or the Total Facility Outstandings or any component thereof, by determining the Dollar amount of any of the foregoing denominated or outstanding in either Canadian Dollars or Sterling, such amount shall be determined by converting any amounts denominated or outstanding in Canadian Dollars or Sterling into Dollars by using the Spot Rate (determined in respect of the most recent Revaluation Date).
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Calculation of Dollar Equivalent Amounts. For all purposes of this Agreement where it is or becomes necessary to calculate the amount of availability of the Commitments, the Domestic Available Amount or the Foreign Available Amount or, in connection therewith, the outstanding amount of the Loans, or the Revolving Credit Exposure, each such calculation shall be made in accordance with the context of how any such term is used, by determining the Dollar amount, the Dollar Equivalent of the applicable Alternative Currencies or the sum of the Dollar amount plus the Dollar Equivalent of the applicable Alternate Currencies, as applicable.
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Calculation of Dollar Equivalent Amounts. Upon each making and upon each payment of a Revolving Credit Loan or a Letter of Credit denominated in an Other Currency, the Agent shall calculate the Dollar Equivalent Amount of such Revolving Credit Loan or Letter of Credit, as the case may be, and shall provide written confirmation to the Banks.
Sample 1
Calculation of Dollar Equivalent Amounts. For all purposes of this Agreement, where it becomes necessary to calculate the amount of availability of the Commitments, the Canadian Allocated Commitments or the Sterling Allocated Commitments, or the Total Facility Outstandings or any component thereof, by determining the Dollar amount of any of the foregoing denominated or outstanding in either Canadian Dollars or Sterling, such amount shall be determined by converting any amounts denominated or outstanding in Canadian Dollars or Sterling into Dollars by using the quoted spot rate at which the Administrative Agent offers to exchange Dollars for such alternate currency in New York City at 10:00 a.m. (New York City time) on the date of determination.
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Calculation of Dollar Equivalent Amounts 
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Related to Calculation of Dollar Equivalent Amounts

  • Determination of Dollar Amounts The Administrative Agent will determine the Dollar Amount of:

  • Determination of Amount Outstanding On each Quarterly Date and, in addition, promptly upon the receipt by the Administrative Agent of a Currency Valuation Notice (as defined below), the Administrative Agent shall determine the aggregate Revolving Multicurrency Credit Exposure. For the purpose of this determination, the outstanding principal amount of any Loan that is denominated in any Foreign Currency shall be deemed to be the Dollar Equivalent of the amount in the Foreign Currency of such Loan, determined as of such Quarterly Date or, in the case of a Currency Valuation Notice received by the Administrative Agent prior to 11:00 a.m., New York City time, on a Business Day, on such Business Day or, in the case of a Currency Valuation Notice otherwise received, on the first Business Day after such Currency Valuation Notice is received. Upon making such determination, the Administrative Agent shall promptly notify the Multicurrency Lenders and the Borrower thereof.

  • Exchange Rates; Currency Equivalents (a) The Administrative Agent or the L/C Issuer, as applicable, shall determine the Spot Rates as of each Revaluation Date to be used for calculating Dollar Equivalent amounts of Credit Extensions and Outstanding Amounts denominated in Alternative Currencies. Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot Rates employed in converting any amounts between the applicable currencies until the next Revaluation Date to occur. Except for purposes of financial statements delivered by Loan Parties hereunder or calculating financial covenants hereunder or except as otherwise provided herein, the applicable amount of any currency (other than Dollars) for purposes of the Loan Documents shall be such Dollar Equivalent amount as so determined by the Administrative Agent or the L/C Issuer, as applicable.

  • Dollar Amounts All references to “$” contained in this Agreement shall refer to United States Dollars unless otherwise stated.

  • Calculation of Amounts Binding Effect of Interpretations and Actions of Master Servicer...............................

  • Canadian Dollars All references herein to dollar amounts are to lawful money of Canada.

  • Alternative Currencies In the case of a Credit Extension to be denominated in an Alternative Currency, there shall not have occurred any change in national or international financial, political or economic conditions or currency exchange rates or exchange controls which in the reasonable opinion of the Administrative Agent, the Required Revolving Credit Lenders (in the case of any Loans to be denominated in an Alternative Currency) or the L/C Issuer (in the case of any Letter of Credit to be denominated in an Alternative Currency) would make it impracticable for such Credit Extension to be denominated in the relevant Alternative Currency.

  • Currencies Currency Equivalents (a) At any time, any reference in the definition of the term “Alternative Currency” or in any other provision of this Agreement to the Currency of any particular nation shall mean the then lawful currency of such nation at such time whether or not the name of such Currency is the same as it was on the date of this Agreement.

  • Interest on Revolving Credit Advances Each Borrower shall pay interest on the unpaid principal amount of each Revolving Credit Advance made to such Borrower owing to each Lender from the date of such Revolving Credit Advance until such principal amount shall be paid in full, at the following rates per annum:

  • Additional Alternative Currencies (a) The Borrower may from time to time request that Eurocurrency Rate Loans be made and/or Letters of Credit be issued in a currency other than those specifically listed in the definition of “Alternative Currency;” provided that such requested currency is a lawful currency (other than Dollars) that is readily available and freely transferable and convertible into Dollars. In the case of any such request with respect to the making of Eurocurrency Rate Loans, such request shall be subject to the approval of the Administrative Agent and the Lenders; and in the case of any such request with respect to the issuance of Letters of Credit, such request shall be subject to the approval of the Administrative Agent and the L/C Issuer.

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