Common use of Utilization of Commitments in Optional Currencies Clause in Contracts

Utilization of Commitments in Optional Currencies. (a) The Agent will determine the Dollar Equivalent amount of (i) proposed Loans denominated in an Optional Currency as of the requested Borrowing Date, and (ii) outstanding Loans denominated in an Optional Currency as of the end of each Interest Period (each such date under clauses (i) and (ii), a "Computation Date").

Appears in 2 contracts

Samples: Credit Agreement (Kulicke & Soffa Industries Inc), Credit Agreement (West Pharmaceutical Services Inc)

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Utilization of Commitments in Optional Currencies. (a) The Administrative Agent will determine the Dollar Equivalent amount of (i) proposed Loans denominated in an Optional Currency as of the each requested Borrowing Date, and (ii) outstanding Loans denominated in an Optional Currency as of the end of each Interest Period for any such Loans (each such date under clauses (i) and (ii), a "Computation Date").

Appears in 1 contract

Samples: Sharing Agreement (West Pharmaceutical Services Inc)

Utilization of Commitments in Optional Currencies. (a) The Administrative Agent will determine the Dollar Equivalent amount of (i) proposed Revolver Loans denominated in an Optional Currency as of the each requested Borrowing DateDate for any such Loans, and (ii) outstanding Revolver Loans denominated in an Optional Currency as of the end of each Interest Period for any such Loans, and (iii) Letter of Credit Obligations denominated in an Optional Currency as of the last Business Day of each month (each such date under clauses (i) and through (iiiii), a "Computation Date").

Appears in 1 contract

Samples: Credit Agreement (West Pharmaceutical Services Inc)

Utilization of Commitments in Optional Currencies. (a) The Agent will determine the Dollar Equivalent amount of (i) proposed Loans or Letters of Credit to be denominated in an Optional Currency as of the requested Borrowing DateDate 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 (iiiii) outstanding Loans denominated in an Optional Currency as of the end of each Interest Period (each such date under clauses (i) and through (iiiii), a "Computation Date").

Appears in 1 contract

Samples: Credit Agreement (Right Management Consultants Inc)

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Utilization of Commitments in Optional Currencies. (a) The Agent will determine the Dollar Equivalent amount of (i) proposed Loans denominated in an Optional Currency as of the requested Borrowing Date, and (ii) outstanding Loans denominated in an Optional Currency as of the end of each Interest Period (each such date under clauses (i) and (ii), a "Computation Date").

Appears in 1 contract

Samples: Credit Agreement (West Pharmaceutical Services Inc)

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