Currencies Generally. Except as otherwise provided herein, for purposes of determining (i) whether the amount of any Borrowing would exceed the lesser of the Maximum Commitment and the Maximum Advance Amount, (ii) the Commitments, (iii) the Unused Amount, (iv) the Overcollaterization Test, (v) the Maximum Commitment, (vi) the OET Commitment Amount, (vii) Liens for Taxes, assessments or other governmental charges under Section 6.02(c)(iii) (Liens), (viii) the Cash Equivalents, (ix) any amount due in the Obligation Currency, (x) the Advance Amount, (xi) the Maximum Borrower Amount, (xii) the Market Value or the fair market value of any Fund Investment or (xiii) other similar amounts, the outstanding principal amount of any Borrowing or Loan that is denominated in any Alternate Currency or the Market Value or the fair market value of any Fund Investment that is denominated in any Alternate Currency shall be deemed to be the Dollar Equivalent (subject to Section 1.07) of the amount of the Alternate Currency of such Loan or Fund Investment, as the case may be, determined as of the date of such Borrowing or the date of valuation of such Fund Investment, as the case may be.
Appears in 2 contracts
Sources: Credit Agreement (FS Global Credit Opportunities Fund), Credit Agreement (FS Global Credit Opportunities Fund-D)