Common use of Same Optional Currency during successive Interest Periods Clause in Contracts

Same Optional Currency during successive Interest Periods. (a) If a Facility A Loan is to be denominated in the same Optional Currency during two successive Interest Periods, the Agent shall calculate the amount of the Facility A Loan in the Optional Currency for the second of those Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that Facility A Loan at the Agent’s Spot Rate of Exchange at the Specified Time) and (subject to paragraph (b) below):

Appears in 5 contracts

Samples: Facility Agreement (Octel Corp), Facility Agreement (Innospec Inc.), Facility Agreement (Octel Corp)

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Same Optional Currency during successive Interest Periods. (a) If a Facility A Loan is to be denominated in the same Optional Currency during two successive Interest Periods, the Agent shall calculate the amount of the Facility A Loan in the Optional Currency for the second of those Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that Facility A Loan at the Agent’s 's Spot Rate of Exchange at the Specified Time) and (subject to paragraph (b) below):

Appears in 3 contracts

Samples: Agreement (Solutia Inc), Facility Agreement (Allied Healthcare International Inc), Facilities Agreement (Benfield Greig Group PLC)

Same Optional Currency during successive Interest Periods. (a) If a Facility A Term Loan is to be denominated in the same Optional Currency during two successive Interest Periods, the Agent shall calculate the amount of the Facility A Term Loan in the Optional Currency for the second of those Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that Facility A Loan at the Agent’s Spot Rate of Exchange at the Specified Time) and (subject to paragraph (b) below):

Appears in 2 contracts

Samples: Facilities Agreement (Cemex Sa De Cv), Facilities Agreement (Cemex Sab De Cv)

Same Optional Currency during successive Interest Periods. (a) If a Facility A B Loan or Facility C Loan is to be denominated in the same Optional Currency during two successive Interest PeriodsTerms, the Facility Agent shall must calculate the amount of the Facility A B Loan or Facility C Loan (as applicable) in the Optional Currency for the second of those Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that Facility A Loan at the Agent’s Spot Rate of Exchange at the Specified Time) and (subject to paragraph (b) below):Terms.

Appears in 2 contracts

Samples: Agreement (Amec PLC), Agreement (Amec PLC)

Same Optional Currency during successive Interest Periods. (a) If a Facility A Term Loan is to be denominated in the same Optional Currency during two successive Interest Periods, the Agent shall calculate the amount of the Facility A that Term Loan in the Optional Currency for the second of those Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that Facility A Term Loan at the Agent’s 's Spot Rate of Exchange at the Specified Time) and (subject to paragraph (b) below):

Appears in 2 contracts

Samples: Facilities Agreement (HeidelbergCement AG), Facilities Agreement (HeidelbergCement AG)

Same Optional Currency during successive Interest Periods. (a) If a Facility A the Loan is to be denominated in the same Optional Currency during two successive Interest Periods, the Agent shall calculate the amount of the Facility A Loan in the Optional Currency for the second of those this Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that the Facility A Loan at the Agent’s 's Spot Rate of Exchange at two (2) Business Days before the Specified Timefirst day of the second Interest Period) and (subject to paragraph Clause 6.4 (b) belowii)):

Appears in 1 contract

Samples: Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc)

Same Optional Currency during successive Interest Periods. (a) If a Facility A Loan is to be denominated in the same Optional Currency during two successive Interest Periods, the Agent shall calculate the amount of the Facility A Loan in the Optional Currency for the second of those Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that Facility A Loan at the Agent’s Spot Rate of Exchange at the Specified Time) and (subject to paragraph (b) below):

Appears in 1 contract

Samples: Facility Agreement (Gold Fields LTD)

Same Optional Currency during successive Interest Periods. (a) If a Facility A Term Loan is to be denominated in the same Optional Currency during two successive Interest Periods, the Agent shall calculate the amount of the Facility A Term Loan in the Optional Currency for the second of those Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that Facility A Loan at the Agent’s 's Spot Rate of Exchange at the Specified Time) and (subject to paragraph (b) below):

Appears in 1 contract

Samples: Facilities Agreement (Cemex Sa De Cv)

Same Optional Currency during successive Interest Periods. (a) If a Facility A Loan is to be denominated in the same Optional Currency during two successive Interest Periods, the Facility Agent shall calculate the amount of the Facility A Loan in the Optional Currency for the second of those Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that Facility A Loan at the Facility Agent’s Spot Rate of Exchange at the Specified Time) and (subject to paragraph (b) below):

Appears in 1 contract

Samples: Loan Facility Agreement (Xstrata PLC)

Same Optional Currency during successive Interest Periods. (a) If a Facility A Term-Out Loan is to be denominated in the same Optional Currency during two successive Interest Periods, the Agent shall calculate the amount of the Facility A Term-Out Loan in the Optional Currency for the second of those Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that Facility A Term-Out Loan at the Agent’s 's Spot Rate of Exchange at the Specified Time) and (subject to paragraph (b) below):

Appears in 1 contract

Samples: Agreement (Sage Group PLC)

Same Optional Currency during successive Interest Periods. (a) If a Facility A the Loan is to be denominated in the same Optional Currency during two successive Interest Periods, the Agent shall calculate the amount of the Facility A Loan in the Optional Currency for the second of those this Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that the Facility A Loan at the Agent’s Spot Rate of Exchange at two (2) Business Days before the Specified Timefirst day of the second Interest Period) and (subject to paragraph Clause 6.4 (b) belowii)):

Appears in 1 contract

Samples: Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc)

Same Optional Currency during successive Interest Periods. (a) If a Facility A Term Loan is to be denominated in the same Optional Currency during two successive Interest Periods, the Agent shall calculate the amount of the Facility A that Term Loan in the Optional Currency for the second of those Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that Facility A Term Loan at the Agent’s Spot Rate of Exchange at the Specified Time) and (subject to paragraph (b) below):

Appears in 1 contract

Samples: Multicurrency Term and Revolving Facilities Agreement (LG Acquisition Corp.)

Same Optional Currency during successive Interest Periods. (a) If a Term Loan or a Facility A B Loan is to be denominated in the same Optional Currency during two successive Interest Periods, the Agent shall calculate the amount of any Term Loan or Facility B Loan, as the Facility A Loan case may be, in the Optional Currency for the second of those Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that Term Loan, as the case may be, or Facility A B Loan at the Agent’s 's Spot Rate of Exchange at the Specified Time) and (subject to paragraph (b) below):

Appears in 1 contract

Samples: Agreement (Intercontinental Hotels Group PLC /New/)

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Same Optional Currency during successive Interest Periods. (a) If a Facility A C Loan is to be denominated in the same Optional Currency during two successive Interest Periods, the Agent shall calculate the amount of the Facility A C Loan in the Optional Currency for the second of those Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that Facility A C Loan at the Agent’s Spot Rate of Exchange at the Specified TimeExchange) and (subject to paragraph (b) below):

Appears in 1 contract

Samples: Multicurrency Term and Revolving Facilities Agreement (Seawell LTD)

Same Optional Currency during successive Interest Periods. (a) If a Facility A B Loan is to be denominated in the same Optional Currency during two successive Interest Periods, the Agent shall calculate the amount of the Facility A B Loan in the Optional Currency for the second of those Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that Facility A B Loan at the Agent’s Spot Rate of Exchange at the Specified Time) and (subject to paragraph (b) below):

Appears in 1 contract

Samples: Facility Agreement (Intercontinental Hotels Group PLC /New/)

Same Optional Currency during successive Interest Periods. (a) If a Facility A Term Loan is to be denominated in the same Optional Currency during two successive Interest Periods, the Agent shall calculate the amount of the Facility A Term Loan in the Optional Currency for the second of those Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that Facility A Term Loan at the Agent’s Spot Rate of Exchange at the Specified Time) and (subject to paragraph (b) below):

Appears in 1 contract

Samples: Facility Agreement (Six Continents PLC)

Same Optional Currency during successive Interest Periods. (a) If a Facility A Term Loan is to be denominated in the same Optional Currency during two successive Interest Periods, the Facility Agent shall calculate the amount of the Facility A Term Loan in the Optional Currency for the second of those Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that Facility A Term Loan at the Agent’s Spot Rate of Exchange at the Specified Time) and (subject to paragraph (b) below):

Appears in 1 contract

Samples: Facilities Agreement (Iron Mountain Inc)

Same Optional Currency during successive Interest Periods. (a) If a Facility A Term Loan is to be denominated in the same Optional Currency during two successive Interest Periods, the Agent shall calculate the amount of the Facility A any Term Loan in the Optional Currency for the second of those Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that Facility A Term Loan at the Agent’s Spot Rate of Exchange at the Specified Time) and (subject to paragraph (b) below):

Appears in 1 contract

Samples: Intercontinental Hotels Group PLC /New/

Same Optional Currency during successive Interest Periods. (a) If a Facility A Loan is to be denominated in the same Optional Currency during two successive Interest Periods, the Facility Agent shall calculate the amount of the Facility A Loan in the Optional Currency for the second of those Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that Facility A Loan at the Facility Agent’s 's Spot Rate of Exchange at the Specified Time) and (subject to paragraph (b) below):

Appears in 1 contract

Samples: Legrand Holding Sa

Same Optional Currency during successive Interest Periods. (a) If a Facility A B Term Loan is to be denominated in the same Optional Currency during two successive Interest Periods, the Agent shall calculate the amount of the Facility A B Term Loan in the Optional Currency for the second of those Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that Facility A B Term Loan at the Agent’s Spot Rate of Exchange at the Specified Time) and (subject to paragraph (b) below):

Appears in 1 contract

Samples: Multicurrency Revolving Facilities Agreement (Gallaher Group PLC)

Same Optional Currency during successive Interest Periods. (a) If a Term Facility A Loan (other than a Dollar Facility Loan or a Euro Facility Loan) is to be denominated in the same Optional Currency during two successive Interest Periods, the Agent shall calculate the amount of the such Term Facility A Loan in the Optional Currency for the second of those Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that Term Facility A Loan at the Agent’s Spot Rate of Exchange at the Specified Time) and (subject to paragraph (b) below):

Appears in 1 contract

Samples: Facility Agreement (Messer Griesheim Holding Ag)

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