Common use of Currency and amount Clause in Contracts

Currency and amount. (a) The currency specified in a Utilisation Request must be the Base Currency or an Optional Currency. (b) The amount of the proposed Loan must be an amount whose Base Currency Amount is not more than the Available Facility and which: (i) if the currency selected is the Base Currency, is a minimum of Euro 25,000,000 or, if less, the Available Facility and an integral multiple of Euro 5,000,000; or (ii) if the currency selected is Dollars, is a minimum of $25,000,000 or, if less, the Available Facility and an integral multiple of $5,000,000; or (iii) if the currency selected is an Optional Currency other than Dollars, is the minimum amount (or an integral multiple, if required) specified by the Agent pursuant to paragraph (b) (ii) of Clause 4.3 (Conditions relating to Optional Currencies) or, if less, the Available Facility.

Appears in 3 contracts

Sources: Facilities Agreement (Sappi LTD), Credit Agreement (Sappi LTD), Credit Agreement (Sappi LTD)

Currency and amount. (a) The currency specified in a Utilisation Request must be the Base Currency or an Optional Currency. (b) The amount of the proposed Loan must be an amount whose Base Currency Amount is not more than the Available Facility and whichwhich is: (i) if the currency selected is the Base Currency, is a minimum of Euro 25,000,000 $1,000,000 or, if less, the Available Facility and an integral multiple of Euro 5,000,000Facility; or (ii) if the currency selected is Dollarssterling or euro, is a minimum of $25,000,000 £1,000,000 or €1,000,000 or, if less, the Available Facility and an integral multiple of $5,000,000Facility; or (iii) if the currency selected is an Optional Currency other than Dollarssterling or euro, is the minimum amount (or an integral multiple, if required) specified by the Agent pursuant to paragraph subparagraph (b) (iib)(ii) of Clause 4.3 (Conditions relating to Optional Currencies) or, if less, the Available Facility.

Appears in 2 contracts

Sources: Supplemental Agreement (Innospec Inc.), Multicurrency Revolving Facility Agreement (Innospec Inc.)

Currency and amount. (a) The currency specified in a Utilisation Request must be the Base Currency or an Optional Currency. (b) The amount of the proposed Loan must be an amount whose Base Currency Amount is not more than the Available Facility and whichwhich is: (i) if the currency selected is the Base Currency, is a minimum of Euro 25,000,000 or$10,000,000 for Facility A and $5,000,000 for Facility B or in any case, if less, the Available Facility and an integral multiple of Euro 5,000,000Facility; or (ii) if the currency selected is Dollarssterling or euro, is a minimum of $25,000,000 or£7,000,000 or euro 10,000,000 for Facility A and £3,000,000 or euro 5,000,000 for Revolving Facility B or in any case, if less, the Available Facility and an integral multiple of $5,000,000Facility; or (iii) if the currency selected is an Optional Currency other than Dollarssterling or euro, is the minimum amount (or an integral multiple, if required) specified by the Agent pursuant to paragraph (b) (iib)(ii) of Clause 4.3 (Conditions relating to Optional Currencies) or, if less, the Available Facility.

Appears in 2 contracts

Sources: Facilities Agreement (Octel Corp), Amendment and Restatement Agreement (Octel Corp)

Currency and amount. (a) The currency specified in a Utilisation Utilization Request must be the Base Currency or an Optional Currency. (b) The Subject to paragraph (a) of Section 2.34 (Limitations on Utilizations), the amount of the proposed Loan Letter of Credit must be an amount whose Base Currency Amount is not more than the Available Facility and whichwhich is: (i) if the currency selected is the Base Currency, is a minimum of Euro 25,000,000 €250,000 or, if less, the Available Facility and an integral multiple of Euro 5,000,000; orFacility; (ii) if the currency selected is Dollars, is a minimum of $25,000,000 250,000 or, if less, the Available Facility and an integral multiple of $5,000,000Facility; or (iii) if the currency selected is an Optional Currency other than Dollars, is the minimum amount (or an integral multiple, if required) specified by the Administrative Agent pursuant to paragraph (b) (iib)(ii) of Clause 4.3 Section 2.28 (Conditions relating to Optional Currencies) or, if less, the Available Facility.

Appears in 2 contracts

Sources: Credit Agreement (1295728 Alberta ULC), Credit Agreement (1295728 Alberta ULC)

Currency and amount. (a) The currency specified in a Utilisation Request must be the Base Currency or an Optional Currency. (b) The amount of the proposed Loan must be an amount whose Base Currency Amount is not more than the Available Facility and whichbe: (i) if the currency selected is the Base Currency, is a minimum of Euro 25,000,000 or, if less, the Available Facility and an integral multiple of Euro 5,000,000; orFacility; (ii) if the currency selected is DollarsUSD, is a minimum of $25,000,000 or, if less, the Available Facility and an integral multiple equivalent in USD of $5,000,000; or€25,000,000; (iii) if the currency selected is an Optional Currency other than DollarsCurrency, is the minimum amount (or an integral multipleand, if required, integral multiple) specified by the Agent pursuant to paragraph (b) (iib)(ii) of Clause 4.3 (Conditions relating to Optional Currencies) or, if less, the Available Facility; and (iv) in any event such that its Base Currency Amount is less than or equal to the Available Facility.

Appears in 1 contract

Sources: Facility Agreement (Imerys S.A.)

Currency and amount. (a) The currency specified in a Utilisation Request must be the Base Currency or an Optional Currency. (b) The amount of the proposed Loan must be an amount whose Base Currency Amount is not more than the Available Facility and which: (i) if the currency selected is the Base Currency, is a minimum of Euro 25,000,000 euro 50,000,000 or, if less, the Available Facility and an integral multiple of Euro 5,000,000euro 10,000,000; or (ii) if the currency selected is Dollarsdollars, is a minimum of $25,000,000 50,000,000 or, if less, the Available Facility and an integral multiple of $5,000,00010,000,000; or (iii) if the currency selected is an Optional Currency other than Dollarsdollars, is the minimum amount (or an integral multiple, if required) specified by the Agent pursuant to paragraph (b) (ii) of Clause 4.3 (Conditions relating to Optional Currencies) or, if less, the Available Facility.

Appears in 1 contract

Sources: Credit Agreement (Sappi LTD)