Common use of Utilization of Commitments in Canadian Dollars Clause in Contracts

Utilization of Commitments in Canadian Dollars. (a) The Administrative Agent will determine the Dollar Equivalent amount with respect to any (i) Bankers’ Acceptance or Borrowing comprised of Canadian Loans that are Eurodollar Rate Loans as of the date which is three Business Days prior to the date of the requested Borrowing, (ii) Borrowing comprised of Canadian Prime Rate Loans, one day prior to the requested date of Borrowing, (iii) outstanding Canadian Loans or Bankers’ Acceptances as of the last Business Day of each month, and (iv) conversions to or continuation of Canadian Loans as of the date the related Committed Loan Notice is received by the Canadian Administrative Agent or, if such conversion or continuation is performed in accordance with Section 2.16(b) or Section 3.02, as of, in the case of Section 2.16(b), the date that the request by the Required Lenders is received by the Administrative Agent or, in the case of Section 3.02, the date that the notice by the Administrative Agent is received by the Borrowers and the Lenders (each such date under clauses (i) through (iv) a “Computation Date”).

Utilization of Commitments in Canadian Dollars. (a) The Administrative Agent will determine the Dollar Equivalent amount with respect to any (i) Bankers’ Acceptance or Borrowing comprised of Canadian Loans that are Eurodollar Rate Loans as of the date which is three Business Days prior to the date of the requested Borrowing, (ii) Bankers' Acceptance or Borrowing comprised of Canadian Prime Rate Loans, one day prior to the requested date of Borrowing, (iii) outstanding Canadian Loans or Bankers’ ' Acceptances as of the last Business Day of each month, and (iv) conversions to or continuation of Canadian Loans as of the date the related Committed Loan Notice is received by the Canadian Administrative Agent or, if such conversion or continuation is performed in accordance with Section 2.16(b) or Section 3.02, as of, in the case of Section 2.16(b), the date that the request by the Required Lenders is received by the Administrative Agent or, in the case of Section 3.02, the date that the notice by the Administrative Agent is received by the Borrowers and the Lenders (each such date under clauses (i) through (iv) a “"Computation Date”").