Common use of Currency Equivalents Generally Clause in Contracts

Currency Equivalents Generally. (a) For purposes of determining compliance with Sections 7.01, 7.03 and 7.06 with respect to any amount of Indebtedness or Investment in a currency other than Dollars, no Default shall be deemed to have occurred solely as a result of changes in rates of exchange occurring after the time such Lien, Indebtedness or Investment is incurred; provided, that for the avoidance of doubt, the foregoing provisions of this Section 1.08 shall otherwise apply to such Sections, including with respect to determining whether any Indebtedness or Investment may be incurred at any time under such Sections.

Appears in 11 contracts

Samples: Credit Agreement (Frontier Communications Corp), Credit Agreement (Array Technologies, Inc.), Credit Agreement (Frontier Communications Corp)

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Currency Equivalents Generally. (a) For purposes of determining compliance with Sections 7.01, 7.02 and 7.03 and 7.06 with respect to any amount of Indebtedness or Investment in a currency other than Dollars, no Default shall be deemed to have occurred solely as a result of changes in rates of currency exchange occurring after the time such Lien, Indebtedness or Investment is incurred (so long as such Indebtedness or Investment, at the time incurred, made or acquired, was permitted hereunder); providedprovided that, that for the avoidance of doubt, the foregoing below provisions of this Section 1.08 1.09 shall otherwise apply to such Sections, including with respect to determining whether any Investment or Indebtedness or Investment may be incurred or made at any time under such Sections.

Appears in 8 contracts

Samples: Credit Agreement (YCC Holdings LLC), Credit Agreement (Vince Holding Corp.), Credit Agreement (Vince Holding Corp.)

Currency Equivalents Generally. (a) For purposes of determining compliance with Sections 7.018.2, 7.03 8.3 and 7.06 8.7 with respect to any amount of Indebtedness or Investment in a currency other than Dollars, no Default shall be deemed to have occurred solely as a result of changes in rates of currency exchange occurring after the time such Lien, Indebtedness or Investment is incurred (so long as such Indebtedness or Investment, at the time incurred, made or acquired, was permitted hereunder); providedprovided that, that for the avoidance of doubt, the foregoing below provisions of this Section 1.08 1.5 shall otherwise apply to such Sections, including with respect to determining whether any Investment or Indebtedness or Investment may be incurred or made at any time under such Sections.

Appears in 8 contracts

Samples: Credit Agreement (On Semiconductor Corp), Credit Agreement (On Semiconductor Corp), Credit Agreement (On Semiconductor Corp)

Currency Equivalents Generally. (ai) For purposes of determining compliance with Sections 7.01, 7.02 and 7.03 and 7.06 with respect to any amount of Indebtedness or Investment in a currency other than Dollars, no Default shall be deemed to have occurred solely as a result of changes in rates of currency exchange occurring after the time such Lien, Indebtedness or Investment is incurred (so long as such Indebtedness or Investment, at the time incurred, made or acquired, was permitted hereunder); providedprovided that, that for the avoidance of doubt, the foregoing below provisions of this Section 1.08 1.09 shall otherwise apply to such Sections, including with respect to determining whether any Investment or Indebtedness or Investment may be incurred or made at any time under such Sections.

Appears in 3 contracts

Samples: Credit Agreement (Vince Holding Corp.), Credit Agreement (Vince Holding Corp.), Credit Agreement (Vince Holding Corp.)

Currency Equivalents Generally. (a) For purposes of determining compliance with Sections 7.019.1, 7.03 9.2 and 7.06 9.3 with respect to any amount of Indebtedness or Investment in a currency other than Dollars, no Default shall be deemed to have occurred solely as a result of changes in rates of currency exchange occurring after the time such Lien, Indebtedness or Investment is incurred (so long as such Indebtedness or Investment, at the time incurred, made or acquired, was permitted hereunder); providedprovided that, that for the avoidance of doubt, the foregoing below provisions of this Section 1.08 1.10 shall otherwise apply to such Sections, including with respect to determining whether any Investment or Indebtedness or Investment may be incurred or made at any time under such Sections.

Appears in 2 contracts

Samples: Credit Agreement (J Crew Group Inc), Credit Agreement (Chinos Holdings, Inc.)

Currency Equivalents Generally. (a) For purposes of determining compliance with Sections 7.01, 7.02 and 7.03 and 7.06 with respect to any amount of Indebtedness or Investment in a currency other than Dollars, no Default shall be deemed to have occurred solely as a result of changes in rates of exchange occurring after the time such Lien, Indebtedness or Investment is incurred; providedprovided that, that for the avoidance of doubt, the foregoing provisions of this Section 1.08 1.07 shall otherwise apply to such Sections, including with respect to determining whether any Indebtedness or Investment may be incurred at any time under such Sections.

Appears in 2 contracts

Samples: Credit Agreement (Biolectron, Inc.), Credit Agreement (LVB Acquisition, Inc.)

Currency Equivalents Generally. (a) For Notwithstanding the foregoing, for purposes of determining compliance with Sections 7.01, 7.02 and 7.03 and 7.06 with respect to any amount of Indebtedness or Investment in a currency other than Dollars, no Default shall be deemed to have occurred solely as a result of changes in rates of exchange occurring after the time such Lien, Indebtedness or Investment is incurred; providedprovided that, that for the avoidance of doubt, the foregoing provisions of this Section 1.08 shall otherwise apply to such Sections, including with respect to determining whether any Indebtedness or Investment may be incurred at any time under such Sections.

Appears in 2 contracts

Samples: Credit Agreement (King Pubco, Inc.), Credit Agreement (KORE Group Holdings, Inc.)

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Currency Equivalents Generally. (ai) For purposes of determining compliance with Sections 7.01, 7.02 and 7.03 and 7.06 with respect to any amount of Indebtedness or Investment in a currency other than Dollars, no Default shall be deemed to have occurred solely as a result of changes in rates of exchange occurring after the time such Lien, Lien Indebtedness or Investment is incurred; providedprovided that, that for the avoidance of doubt, the foregoing provisions of this Section 1.08 shall otherwise apply to such Sections, including with respect to determining whether any Lien, Indebtedness or Investment may be incurred at any time under such Sections.

Appears in 2 contracts

Samples: Credit Agreement (Phibro Animal Health Corp), Credit Agreement (Phibro Animal Health Corp)

Currency Equivalents Generally. (ai) For purposes of determining compliance with Sections 7.01‎7.01, 7.03 ‎7.02 and 7.06 ‎7.03 with respect to any amount of Indebtedness or Investment in a currency other than Dollars, no Default shall be deemed to have occurred solely as a result of changes in rates of exchange occurring after the time such Lien, Lien Indebtedness or Investment is incurred; providedprovided that, that for the avoidance of doubt, the foregoing provisions of this Section ‎Section 1.08 shall otherwise apply to such Sections, including with respect to determining whether any Lien, Indebtedness or Investment may be incurred at any time under such Sections.

Appears in 2 contracts

Samples: Credit Agreement (Phibro Animal Health Corp), Credit Agreement (Phibro Animal Health Corp)

Currency Equivalents Generally. (ai) For purposes of determining compliance with Sections 7.01, 7.03 and 7.06 with respect to any amount of Indebtedness or Investment in a currency other than Dollars, no Default shall be -174- #94164975v6 Exhibit 10.14 deemed to have occurred solely as a result of changes in rates of exchange occurring after the time such Lien, Indebtedness or Investment is incurred; provided, that for the avoidance of doubt, the foregoing #94164975v6 Exhibit 10.14 provisions of this Section 1.08 shall otherwise apply to such Sections, including with respect to determining whether any Indebtedness or Investment may be incurred at any time under such Sections.

Appears in 1 contract

Samples: Credit Agreement (Array Technologies, Inc.)

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