Determination of Equivalent Amounts Sample Clauses

Determination of Equivalent Amounts. Whenever it is necessary or desirable at any time to determine the Equivalent Amount in Canadian Dollars of an amount expressed any other currency, or vice-versa, the Equivalent Amount shall be determined by reference to the Exchange Rate on the date of such determination.
AutoNDA by SimpleDocs
Determination of Equivalent Amounts. Whenever it is necessary or desirable at any time to determine the Equivalent Amount in Canadian Dollars of an amount expressed in any other Qualified Currency, or vice-versa (specifically including for greater certainty the determination of whether the Outstanding Principal Amount under any Facility or Tranche exceeds the maximum amount of such Facility or Tranche), the Equivalent Amount shall be determined by reference to the Exchange Rate on the date of such determination. Notwithstanding the foregoing, however, for the purpose of determining the fees applicable to Letters of Credit issued under Facility A and the standby fees applicable to Facility A and Facility C, the Agent shall make such determination based upon the Exchange Rate in effect on the first Business Day of the month in which such determination is made.
Determination of Equivalent Amounts. The Administrative Agent will determine the Equivalent Amount in U.S. Dollars of:
Determination of Equivalent Amounts. Whenever it is necessary or desirable at any time to determine the Equivalent Amount in Canadian Dollars of an amount expressed in U.S. Dollars, or vice-versa (specifically including for greater certainty the determination of whether the Outstanding Advances under any Credit Facility exceed the limit applicable to such Credit Facility and determining each Lender's Proportionate Share of any Repayment on any date), the Equivalent Amount shall be determined by reference to the Exchange Rate on the date of such determination.
Determination of Equivalent Amounts. ‌ Whenever it is necessary or desirable at any time to determine the Canadian Dollar Equivalent Amount of an amount expressed in U.S. Dollars or any other currency, as applicable, or vice- versa (specifically including the determination of the Canadian Dollar Equivalent Amount of an Advance made in U.S. Dollars, the determination of each Lender’s Proportionate Share of any Repayment on any date, and the determination of whether the Outstanding Advances under any Credit Facility exceed the limit applicable to such Credit Facility at any time), the Canadian Dollar Equivalent Amount shall be determined by reference to the Exchange Rate on the date of such determination. Notwithstanding the foregoing, however, for the purposes of determining the standby fee applicable to the Operating Facility the Agent shall make such determination based upon the Exchange Rate in effect on the first day of each month or portion thereof in the calculation period, and (ii) for the purposes of determining compliance with the financial covenants set forth in Section 13.3, the Canadian Dollar Equivalent Amount shall be determined by reference to the average Exchange Rate for the last day of each month for the 12 most recently ended monthly periods. In addition, notwithstanding anything herein to the contrary, for determining compliance with Section 13.2, including without limitation with respect to any Permitted Advances and Investments, Permitted Asset Sales, Permitted Distributions and Permitted Management Fees, no Default or Event of Default shall be deemed to have occurred as a result of changes in exchange rates occurring after the date such item is incurred, made, paid or otherwise.
Determination of Equivalent Amounts. Whenever it is necessary or desirable at any time to determine the Equivalent Amount in Canadian Dollars of an amount expressed in any other Qualified Currency, or vice-versa (specifically including for greater certainty the determination of whether the Outstanding Principal Amount under Facility A exceeds the maximum amount of Facility A), the Equivalent Amount shall be determined by reference to the Exchange Rate on the date of such. determination. Notwithstanding the foregoing, however, for the purpose of determining the standby fee applicable to Facility A, the Agent shall make such determination based upon the Exchange Rate in effect on the first Business Day of the month in which such determination is made.
Determination of Equivalent Amounts. The Administrative Agent will determine the Equivalent Amount of
AutoNDA by SimpleDocs
Determination of Equivalent Amounts. 37 5.07 Maturity of Bankers' Acceptances and BA Equivalent Notes; Commitment to Purchase............ 38 5.08 Special Provisions Regarding Bankers' Acceptances........................................... 38 5.09 Special Provisions regarding BA Equivalent Notes............................................ 40 5.10
Determination of Equivalent Amounts. 42 Section 2.22 Commitment to Purchase Bankers' Acceptances and BA Equivalent Notes. 42 Section 2.23 Special Provisions Regarding Bankers' Acceptances. 42 Section 2.24 Special Provisions regarding BA Equivalent Notes. 43
Determination of Equivalent Amounts. 42 Section 2.22 Commitment to Purchase Bankers' Acceptances and BA Equivalent Notes. 42 Section 2.23 Special Provisions Regarding Bankers' Acceptances. 42 Section 2.24 Special Provisions regarding BA Equivalent Notes. 43
Time is Money Join Law Insider Premium to draft better contracts faster.