Alternative Currencies means any currency (other than Dollars) approved by the Administrative Agent and the applicable Issuing Bank.
Alternative Currencies means Euro, Sterling and any other currency reasonably acceptable to the Administrative Agent and each applicable Revolving Multicurrency Lender that is freely convertible into Dollars and readily available in the London interbank market.
Alternative Currencies means (a) Euro, (b) Sterling, (c) Yen and (d) each other currency (other than Dollars) approved in accordance with Section 1.08.
Examples of Alternative Currencies in a sentence
All computations of interest for Base Rate Loans (including Base Rate Loans determined by reference to Term SOFR) and for Loans denominated in Alternative Currencies shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed or, in the case of interest in respect of Loans denominated in Alternative Currencies as to which market practice differs from the foregoing, in accordance with such market practice.
More Definitions of Alternative Currencies
Alternative Currencies means Canadian dollars, French francs, Swiss francs, Australian dollars, Japanese yen, British pounds sterling, Italian lira and German deutsche marks, provided that any other currency (except Dollars) shall also be an Alternative Currency if (i) the Borrower requests, by notice to the Administrative Agent, that such currency be included as an additional Alternative Currency for purposes of this Agreement, (ii) such currency is freely transferable and freely convertible into Dollars, (iii) deposits in such currency are customarily offered to banks in the London interbank market and (iv) each Bank either (x) approves the inclusion of such currency as an additional Alternative Currency for purposes hereof or (y) fails to notify the Administrative Agent that it objects to such inclusion within five Domestic Business Days after the Administrative Agent notifies it of the Borrower's request for such inclusion.
Alternative Currencies means (a) in the case of Multicurrency Tranche Revolving Loans, Euros, Sterling and any currency (other than Dollars) agreed to by the Administrative Agent, the Borrower and each Multicurrency Tranche Revolving Lender in writing at the request of the Borrower as described in Section 1.10, (b) in the case of any Multicurrency Tranche Letter of Credit, Euros, Sterling and any currency (other than Dollars) agreed to by the Borrower, the Administrative Agent and the applicable Multicurrency Tranche Issuing Bank in writing at the request of the Borrower as described in Section 1.10 and (c) in the case of any Additional Revolving Commitments, any currency agreed to by the Borrower and the Lenders providing such Additional Revolving Commitments; provided that in the case of immediately preceding clause (c), such Alternative Currency shall only be permitted to the extent it is administratively feasible for the Administrative Agent to provide agency services for products denominated in such Alternative Currency (as determined by the Administrative Agent in its sole discretion).
Alternative Currencies has the meaning assigned to such term in the definition of “Multicurrency Revolving Facility”.
Alternative Currencies means Pounds Sterling, Euro, Canadian Dollars, Australian Dollars, Mexican Pesos, South Korean Won, Norwegian Krone and Danish Krone; provided that each such currency is a lawful currency that is readily available, freely transferable and not restricted and able to be converted into dollars.