Common use of Currency Fluctuations, etc Clause in Contracts

Currency Fluctuations, etc. (a) No later than 2:00 P.M., Toronto time, on each Canadian Calculation Date, the Canadian Administrative Agent shall (i) determine the Canadian Exchange Rate as of such date and (ii) give notice thereof to CFC and CCCL. The Canadian Exchange Rate so determined shall become effective on the first Business Day immediately following the relevant Canadian Calculation Date (a "Canadian Reset Date") and shall remain effective until the next succeeding Canadian Reset Date.

Appears in 3 contracts

Samples: Term Revolving Credit Agreement (Chrysler Financial Corp), Term Revolving Credit Agreement (Chrysler Financial Corp), Chrysler Financial Corp

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Currency Fluctuations, etc. (a) No later than 2:00 P.M., Toronto time, on each Canadian Calculation Date, the Canadian Administrative Agent shall (i) determine the Canadian Exchange Rate as of such date and (ii) give notice thereof to CFC Chrysler and CCCLChrysler Canada. The Canadian Exchange Rate so determined shall become effective on the first Business Day immediately following the relevant Canadian Calculation Date (a "Canadian Reset Date") and shall remain effective until the next succeeding Canadian Reset Date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Chrysler Corp /De)

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