Common use of Foreign Currency Commitment Clause in Contracts

Foreign Currency Commitment. Subject to the terms and conditions hereof and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make available to the Borrower such Lender's Foreign Currency Commitment Percentage of revolving credit loans in the Available Foreign Currencies requested by the Borrower ("Foreign Currency Loans") from time to time from the date five (5) Business Days subsequent to the Closing Date until the Maturity Date, or such earlier date as the Foreign Currency Commitments shall have been terminated as provided herein for the purposes hereinafter set forth; provided, however, that the Dollar Amount (as determined as of the most recent Determination Date) of the aggregate amount of Foreign Currency Loans outstanding at any time shall not exceed FIVE MILLION DOLLARS ($5,000,000.00) (the "Foreign Currency Committed Amount"); provided, further, (i) with regard to each Lender individually, such Lender's outstanding Foreign Currency Loans shall not exceed such Lender's Foreign Commitment Percentage of the

Foreign Currency Commitment. Subject to the terms and conditions hereof and in reliance upon the representations and warranties set forth hereinhereof, each Lender severally agrees to make available to the Borrower such Lender's Foreign Currency -42- 43 Commitment Percentage of revolving credit loans in the Available Foreign Currencies Currency requested by the Borrower ("Foreign Currency Loans") from time to time from the date five (5) Business Days subsequent to the Closing Date until the date five (5) Business Days prior to the Maturity Date, or such earlier date as the Foreign Currency Revolving Commitments shall have been terminated as provided herein in this Credit Agreement for the purposes hereinafter set forth; provided, however, that (i) the Dollar Amount (as determined as of the most recent Determination Date) of the aggregate amount of Foreign Currency Loans outstanding at any time shall not exceed FIVE TWENTY MILLION DOLLARS ($5,000,000.0020,000,000) (the "Foreign Currency Committed Amount"); provided, further, (iii) the Dollar Amount (as determined as of the most recent Determination Date) of the aggregate outstanding principal amounts of Revolving Loans, LOC Obligations and Foreign Currency Loans shall not exceed the lesser of (A) the Revolving Committed Amount and (B) the Borrowing Base and (iii) with regard respect to each Lender individuallyindividual Lender, such Lender's pro rata share of the Dollar Amount (as determined as of the most recent Determination Date) of the aggregate outstanding principal amounts of Revolving Loans, LOC Obligations and Foreign Currency Loans shall not exceed such Lender's Foreign Commitment Percentage of thethe Revolving Committed Amount.