Common use of Equivalent Amount Clause in Contracts

Equivalent Amount. For the purpose of determining compliance with ----------------- covenant and default limitations set forth in the Agreement, amounts expressed in U.S. Dollars shall be measured by aggregating the applicable items denominated in U.S. Dollars with the Equivalent Amounts of such items in Canadian Dollars.

Appears in 1 contract

Samples: Loan Agreement (Grand Toys International Inc)

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Equivalent Amount. For the purpose of determining compliance with ----------------- covenant and default limitations set forth in the Agreement, amounts expressed in U.S. Dollars shall be measured by aggregating the Equivalent Amount of the applicable items denominated in U.S. Dollars with the Equivalent Amounts of such items in Canadian Dollars.

Appears in 1 contract

Samples: Loan and Security Agreement (McJunkin Red Man Holding Corp)

Equivalent Amount. For the purpose of determining compliance with ----------------- covenant and default limitations set forth in the AgreementAgreements, amounts expressed in U.S. Dollars shall be measured by aggregating the Equivalent Amount of the applicable items denominated in U.S. Dollars with the Equivalent Amounts of such items in Canadian Dollars.

Appears in 1 contract

Samples: Loan and Security Agreement (South Texas Supply Company, Inc.)

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Equivalent Amount. For the purpose of determining compliance with ----------------- covenant and default limitations set forth in the Agreement, amounts expressed in U.S. Canadian Dollars shall be measured by aggregating the applicable items denominated in U.S. Dollars with the Equivalent Amounts of such items in Canadian Dollars.

Appears in 1 contract

Samples: Credit Agreement (Hearx LTD)

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