Common use of Periodic Computations of Dollar Equivalent Amounts of Loans and Letters of Credit Outstanding Clause in Contracts

Periodic Computations of Dollar Equivalent Amounts of Loans and Letters of Credit Outstanding. The Administrative Agent will determine the Dollar Equivalent amount of (i) proposed Revolving Credit Loans or Letters of Credit to be denominated in an Optional Currency as of the requested Borrowing Date or date of issuance, as the case may be, (ii) Letters of Credit Outstanding denominated in an Optional Currency as of the last Business Day of each month, and (iii) outstanding Revolving Credit Loans denominated in an Optional Currency as of the end of each Interest Period (each such date under clauses (i) through (iii), a "Computation Date").

Appears in 1 contract

Samples: Credit Agreement (Papa Johns International Inc)

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Periodic Computations of Dollar Equivalent Amounts of Loans and Letters of Credit Outstanding. The Administrative Agent will determine the Dollar Equivalent amount of (i) proposed Revolving Credit Loans or Letters of Credit to be denominated in an Optional Currency as of the requested Borrowing Date or date of issuance, as the case may be, (ii) Letters of Credit Outstanding denominated in an Optional Currency as of the last Business Day of each month, and (iii) outstanding Revolving Credit Loans denominated in an Optional Currency as of the end of each Interest Period (each such date under clauses (i) through (iii), a "Computation Date").

Appears in 1 contract

Samples: Credit Agreement (Papa Johns International Inc)

Periodic Computations of Dollar Equivalent Amounts of Loans and Letters of Credit Outstanding. The Administrative Agent will determine the Dollar Equivalent amount of (i) proposed Revolving Credit Loans or Letters of Credit to be denominated in an Optional Currency as of the requested Borrowing Date or date of issuance, as the case may be, (ii) outstanding Loans or Letters of Credit Outstanding denominated in an Optional Currency as of the last Business Day of each month, and (iii) outstanding Revolving Credit Loans denominated in an Optional Currency as of the end of each Interest Period (each such date under clauses (i) through (iii), being a "Computation Date").

Appears in 1 contract

Samples: Loan Documents (Tb Woods Corp)

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Periodic Computations of Dollar Equivalent Amounts of Loans and Letters of Credit Outstanding. The Administrative Agent will determine the Dollar Equivalent amount of (i) proposed Swing Loans, Revolving Credit Loans or Letters of Credit to be denominated in an Optional Currency as of the requested Borrowing Date or date of issuance, as the case may be, (ii) Letters of Credit Outstanding denominated in an Optional Currency as of the last Business Day of each month, and (iii) outstanding Swing Loans and Revolving Credit Loans denominated in an Optional Currency as of the end of each Interest Period (each such date under clauses (i) through (iii), a "Computation Date").

Appears in 1 contract

Samples: Credit Agreement (Triumph Group Inc /)

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