Common use of Foreign Currency Commitment Clause in Contracts

Foreign Currency Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make certain foreign currency revolving loans in the applicable Foreign Currency (the "FOREIGN CURRENCY LOANS") to Penton UK from time to time in the amount of such Lender's Revolving Commitment Percentage of such Foreign Currency Loans from time to time for the purposes hereinafter set forth; PROVIDED, that (i) with regard to each Lender individually, the Dollar Amount (determined as of the most recent Determination Date) of such Lender's Revolving Commitment Percentage of the sum of Revolving Loans PLUS Foreign Currency Loans shall not exceed such Lender's Revolving Committed Amount, and (ii) with regard to the Lenders collectively, the Dollar Amount (determined as of the most recent Determination Date) of the sum of Revolving Loans PLUS Foreign Currency Loans shall not exceed the Aggregate Revolving Committed Amount. Foreign Currency Loans shall consist solely of Eurocurrency Loans and may be repaid and reborrowed in accordance with the provisions hereof.

Foreign Currency Commitment. During the Commitment Period, subject Subject to the terms and conditions hereofhereof and in reliance upon the representations and warranties set forth in the Credit Agreement, each Lender severally agrees to make certain foreign currency available to ▇▇▇▇ Europe and ▇▇▇▇ BV such Lender's Foreign Currency Commitment Percentage of revolving credit loans in the applicable Available Foreign Currency requested by ▇▇▇▇ Europe or ▇▇▇▇ BV, as applicable, (the "FOREIGN CURRENCY LOANSForeign Currency Loans") to Penton UK 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 Termination Date, or such earlier date as the Revolving Commitments shall have been terminated as provided in the amount of such Lender's Revolving Commitment Percentage of such Foreign Currency Loans from time to time Credit Agreement for the purposes hereinafter set forth; PROVIDEDprovided, 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 FIFTEEN MILLION DOLLARS ($15,000,000.00) (the "Foreign Currency Committed Amount"); provided, further, (i) with regard to each Lender individually, the Dollar Amount (determined as of the most recent Determination Date) of such Lender's Revolving Commitment Percentage of the sum of Revolving Loans PLUS outstanding Foreign Currency Loans shall not exceed such Lender's Revolving Foreign Commitment Percentage of the Foreign Currency Committed Amount, and (ii) with regard to the Lenders collectively, the sum of the Dollar Amount (as determined as of the most recent Determination Date) of the sum aggregate principal amount of Revolving Loans PLUS outstanding Foreign Currency Loans plus the Dollar Amount (as determined as of the most recent Determination Date) of Foreign LOC Obligations outstanding shall not at any time exceed the Aggregate Revolving Committed Amount. aggregate Foreign Currency Loans shall consist solely of Eurocurrency Loans and may be repaid and reborrowed in accordance with the provisions hereof.Committed Amount and