Common use of Currencies Generally Clause in Contracts

Currencies Generally. For purposes of determining (i) the Revolving Credit Indebtedness, (ii) the Covered Debt Amount and (ii) the Collateral Base or the Value or the fair market value of any Portfolio Investment, the outstanding principal amount of any Revolving Borrowing that is denominated in any Foreign Currency or the Value or the fair market value of any Portfolio Investment that is denominated in any Foreign Currency shall be deemed to be the Dollar Equivalent of the amount of the Foreign Currency of such Borrowing or Portfolio Investment, as the case may be, determined as of the date of such Borrowing (determined in accordance with the last sentence of the definition of the term “Interest Period” in the Revolving Credit Facility) or the date of valuation of such Portfolio Investment, as the case may be; provided that in connection with the delivery of any Collateral Base Certificate pursuant to Section 5.01(d) or (e), such amounts shall be determined as of the date of the delivery of such Collateral Base Certificate. Wherever in this Agreement in connection with a Revolving Borrowing or Revolving Loan an amount is expressed in Dollars, but such Borrowing or Loan is denominated in a Foreign Currency, such amount shall be the relevant Foreign Currency Equivalent of such Dollar Amount (rounded to the nearest 1,000 units of such Foreign Currency).