Common use of Conversion of Foreign Currencies Clause in Contracts

Conversion of Foreign Currencies. (a) For purposes of this Agreement and the other Loan Documents, with respect to any monetary amounts in a currency other than Dollars, the Dollar Equivalent thereof shall be determined based on the Exchange Rate in effect at the time of such determination (unless otherwise explicitly provided herein).

Appears in 11 contracts

Samples: Secured Credit Agreement (General Motors Co), Equity Pledge Agreement (Motors Liquidation Co), Secured Credit Agreement (General Motors Co)

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Conversion of Foreign Currencies. (a) For purposes of this Agreement and the other Loan Secured Note Documents, with respect to any monetary amounts in a currency other than Dollars, the Dollar Equivalent thereof shall be determined based on the Exchange Rate in effect at the time of such determination (unless otherwise explicitly provided herein).

Appears in 4 contracts

Samples: Guaranty and Security Agreement (General Motors Co), Guaranty and Security Agreement (General Motors Co), Guaranty and Security Agreement (General Motors Co)

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Conversion of Foreign Currencies. (a) For purposes of this Agreement and the other Loan Documents, with respect to any monetary amounts in a currency other than Dollars, the Dollar Equivalent thereof shall be determined based on in accordance with the Exchange Rate in effect at the time definition of such determination (unless otherwise explicitly provided herein)Dollar Equivalent.

Appears in 3 contracts

Samples: Security Agreement (Chrysler Group LLC), Lease Agreement (Chrysler Group LLC), Credit Agreement

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