Common use of Currency Exchange Fluctuations Clause in Contracts

Currency Exchange Fluctuations. (a) The Credit Agreement Loan Parties will implement and maintain internal controls to monitor the borrowings and repayments of Loans by the Credit Agreement Loan Parties and the issuance of and drawings under Letters of Credit, with the object of preventing any request for a Credit Extension that would result in (i) the Aggregate Outstanding Revolving Credit with respect to all of the Revolving Facility Lenders (including the Swing Line Lenders) being in excess of the aggregate Revolving Facility Commitments then in effect or (ii) the Subsidiary Swing Line Borrowers exceeding their respective Subsidiary Swing Line Borrower Sublimits and of promptly identifying and remedying any circumstance where, by reason of changes in exchange rates, the Aggregate Outstanding Revolving Credit with respect to all of the Revolving Facility Lenders (including the Swing Line Lenders) exceeds the aggregate Revolving Facility Commitments then in effect or the aggregate Swing Line Loans made to any Subsidiary Swing Line Borrower, plus the Subsidiary L/C Effective Amount of all Subsidiary L/C Obligations of such Subsidiary Swing Line Borrower exceeds its Subsidiary Swing Line Borrower Sublimit.

Currency Exchange Fluctuations. (a) The Credit Agreement Loan Parties Borrowers and the Subsidiary Swing Line Borrowers will implement and maintain internal controls to monitor the borrowings and repayments of Loans by the Credit Agreement Loan Parties Borrowers and the Subsidiary Swing Line Borrowers and the issuance of and drawings under Letters of Credit, with the object of preventing any request for a Credit Extension that would result in (i) the Aggregate Outstanding Revolving Credit with respect to all of the Revolving Facility Lenders (including the Swing Line Lenders) being in excess of the aggregate Revolving Facility Commitments then in effect or (ii) the Subsidiary Swing Line Borrowers exceeding their respective Subsidiary Swing Line Borrower Sublimits and of promptly identifying and remedying any circumstance where, by reason of changes in exchange rates, the Aggregate Outstanding Revolving Credit with respect to all of the Revolving Facility Lenders (including the Swing Line Lenders) exceeds the aggregate Revolving Facility Commitments then in effect or the aggregate Swing Line Loans made to any Subsidiary Swing Line Borrower, plus the Subsidiary L/C Effective Amount of all Subsidiary L/C Obligations of such Subsidiary Swing Line Borrower exceeds its Subsidiary Swing Line Borrower Sublimit.