Common use of Multicurrency Commitments Clause in Contracts

Multicurrency Commitments. (a) Subject to the terms and conditions hereof, the Multicurrency Lenders severally agree to make revolving credit loans denominated in Dollars or euro (at the option of the relevant Borrower) ("MULTICURRENCY LOANS") to the Primary Borrower or any Foreign Subsidiary Borrower from time to time during the Multicurrency Commitment Period; PROVIDED, that (i) after giving effect to the Multicurrency Loans made on any Borrowing Date, the Available Multicurrency Commitment shall not be less than zero and (ii) no Multicurrency Loans shall be made to any Foreign Subsidiary Borrower if, after giving effect thereto, the amount of the Multicurrency Extensions of Credit outstanding to such Foreign Subsidiary Borrower would exceed the Multicurrency Sublimit of such Foreign Subsidiary Borrower, if any. During the Multicurrency Commitment Period the Borrowers may use the Multicurrency Commitments by borrowing, prepaying the Multicurrency Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Multicurrency Loans may from time to time be Eurocurrency Loans or (in the case only of Multicurrency Loans denominated in Dollars) Base Rate Loans, as determined by the relevant Borrower and notified to the Administrative Agent in accordance with Sections 4.2 and 6.6; PROVIDED that no Multicurrency Loan shall be made as a Eurocurrency Loan after the day that is one month prior to the Multicurrency Termination Date.

Multicurrency Commitments. (a) Subject to the terms and conditions hereof, the Multicurrency Lenders severally agree to make revolving credit loans denominated in Dollars or euro (at the option of the relevant Borrower) ("MULTICURRENCY LOANS"“Multicurrency Loans”) to the Primary Borrower or any Foreign Subsidiary Borrower from time to time during the Multicurrency Revolving Facilities Commitment Period; PROVIDEDprovided, that (i) after giving effect to the Multicurrency Loans made on any Borrowing Date, (a) the Available Multicurrency Commitment shall not be less than zero and (ii) no Multicurrency Loans shall be made to any Foreign Subsidiary Borrower if, after giving effect thereto, the amount of the Multicurrency Extensions of Credit outstanding to such Foreign Subsidiary Borrower would exceed the Multicurrency Sublimit of such Foreign Subsidiary Borrower, if any. During the Multicurrency Revolving Facilities Commitment Period the Borrowers may use the Multicurrency Commitments by borrowing, prepaying the Multicurrency Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Multicurrency Loans may from time to time be Eurocurrency Loans or (in the case only of Multicurrency Loans denominated in Dollars) Base Rate Loans, as determined by the relevant Borrower and notified to the Administrative Agent in accordance with Sections 4.2 3.6 and 6.65.6; PROVIDED provided that no Multicurrency Loan shall be made as a Eurocurrency Loan after the day that is one month prior to the Multicurrency Revolving Facilities Termination Date. (b) The Primary Borrower shall (and shall cause the other relevant Borrowers to) repay all outstanding Multicurrency Loans on or prior to the Revolving Facilities Termination Date.

Multicurrency Commitments. (a) Subject to the terms and conditions hereof, the Multicurrency Lenders severally agree to make revolving credit loans denominated in Dollars or euro (at the option of the relevant Borrower) ("MULTICURRENCY LOANS") to the Primary Borrower or any Foreign Subsidiary Borrower from time to time during the Multicurrency Commitment Period; PROVIDED, that (i) after giving effect to the Multicurrency Loans made on any Borrowing Date, the Available Multicurrency Commitment shall not be less than zero and (ii) no Multicurrency Loans shall be made to any Foreign Subsidiary Borrower if, after giving effect thereto, the amount of the Multicurrency Extensions of Credit outstanding to such Foreign Subsidiary Borrower would exceed the Multicurrency Sublimit of such Foreign Subsidiary Borrower, if any. During the Multicurrency Commitment Period the Borrowers may use the Multicurrency Commitments by borrowing, prepaying the Multicurrency Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Multicurrency Loans may from time to time be Eurocurrency Loans or (in the case only of Multicurrency Loans denominated in Dollars) Base Rate Loans, as determined by the relevant Borrower and notified to the Administrative Agent in accordance with Sections 4.2 and 6.6; PROVIDED that no Multicurrency Loan shall be made as a Eurocurrency Loan after the day that is one month prior to the Multicurrency Termination Date.