Rate of Exchange. The term "rate of exchange" in this Section 12 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.
Appears in 6 contracts
Samples: Senior Secured Term Credit Facility Agreement (Top Ships Inc.), Credit Agreement (Chiles Magellan LLC), Credit Agreement (Chiles Offshore LLC)
Rate of Exchange. The term "“rate of exchange" ” in this Section 12 14 means the rate at which the Administrative Facility Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.
Appears in 5 contracts
Samples: Agreement (International Shipholding Corp), Agreement (International Shipholding Corp), Senior Secured Loan Facility Agreement (International Shipholding Corp)
Rate of Exchange. The term "“rate of exchange" ” in this Section 12 means the rate at which the Administrative Facility Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.
Appears in 5 contracts
Samples: Credit Agreement (SEACOR Marine Holdings Inc.), Consent and Agreement (SEACOR Marine Holdings Inc.), Restatement of Loan Agreement (Gulfmark Offshore Inc)
Rate of Exchange. The term "rate of exchange" in this Section 12 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency Judgment Currency and includes any premium and costs of exchange payable in connection with such purchase.
Appears in 4 contracts
Samples: Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp)
Rate of Exchange. The term "“rate of exchange" ” in this Section 12 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.
Appears in 4 contracts
Samples: Credit Facility Agreement (K-Sea Transportation Partners Lp), Senior Secured Term Credit Facility Agreement (Top Ships Inc.), Pledge Agreement (Stolt Nielsen S A)
Rate of Exchange. The term "rate of exchange" in this Section 12 means the rate at which the Administrative Facility Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.
Appears in 2 contracts
Samples: Secured Credit Facility Agreement (Teekay Shipping Corp), Credit Agreement (Chiles Offshore Inc/New/)
Rate of Exchange. The term "rate of exchange" in this Section 12 13 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars or the relevant Foreign Currency with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.
Appears in 2 contracts
Samples: Credit Facility Agreement (Seacor Smit Inc), Revolving Credit Facility Agreement (Seacor Smit Inc)
Rate of Exchange. The term "“rate of exchange" ” in this Section 12 13 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.
Appears in 2 contracts
Samples: Assignment and Assumption Agreement (Seacor Holdings Inc /New/), Credit Agreement (Era Group Inc.)
Rate of Exchange. The term "rate of exchange" in this Section 12 13 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.
Appears in 2 contracts
Samples: Credit Agreement (International Shipholding Corp), Agreement (Omi Corp/M I)
Rate of Exchange. The term "rate of exchange" in this Section 12 14 means the rate at which the Administrative Facility Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.
Appears in 2 contracts
Samples: Credit Agreement (International Shipholding Corp), Senior Secured Term Loan Facility Agreement (International Shipholding Corp)
Rate of Exchange. The term "rate of exchange" in this Section 12 13 means the rate at which the Administrative Facility Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.
Appears in 2 contracts
Samples: Senior Secured Bridge Loan Agreement (Dorian LPG Ltd.), Credit Agreement (International Shipholding Corp)
Rate of Exchange. The term "rate of exchange" in this Section 12 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.
Appears in 1 contract
Samples: Loan Agreement (Omi Corp/M I)
Rate of Exchange. The term "“rate of exchange" ” in this Section 12 13 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.
Appears in 1 contract
Samples: Term Loan and Credit Facility Agreement (Noble Corp / Switzerland)
Rate of Exchange. The term "“rate of exchange" ” in this Section 12 13 means the rate at which the Administrative Facility Agent in accordance with its normal practices is able on the relevant date to purchase Dollars or the relevant Foreign Currency with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.
Appears in 1 contract
Samples: Assignment and Assumption Agreement (Seacor Holdings Inc /New/)
Rate of Exchange. The term "rate of exchange" in this Section 12 13 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.
Appears in 1 contract
Rate of Exchange. The term "“rate of exchange" ” in this Section 12 13 means the rate at which the Administrative Facility Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.
Appears in 1 contract
Samples: Term Loan Credit Facility Agreement (SEACOR Marine Holdings Inc.)
