Applicable Currency Equivalent definition

Applicable Currency Equivalent means, with respect to any monetary amount in a currency other than U.S. dollars, at any time for the determination thereof, the amount of U.S. dollars obtained by converting such foreign currency involved in such computation into U.S. dollars, at the spot rate for the purchase of U.S. dollars, with the applicable foreign currency as quoted by Reuters at approximately 10:00 A.M. (New York time) on the date that is two Business Days prior to such determination.

Applicable Currency Equivalent means, with respect to any monetary amount in a currency other than U.S. dollars, at any time for the determination thereof, the amount of U.S. dollars obtained by converting such foreign currency involved in such computation into U.S. dollars, at the spot rate for the purchase of U.S. dollars, with the applicable foreign currency as quoted by Reuters at approximately 10:00 A.M. (New York City time) on the date that is two Business Days prior to such determination.

Applicable Currency Equivalent means, with respect to any monetary amount in a currency other than U.S. Dollars, in the case of the Dollar Notes, or Euros, in the case of the Euro Notes, at any time for the determination thereof, the amount of U.S. Dollars or Euros, as applicable, obtained by converting such foreign currency involved in such computation into U.S. Dollars or Euros, as applicable, at the spot rate for the purchase of U.S. Dollars or Euros, as applicable, with the applicable foreign currency as quoted by Reuters at approximately 10:00 A.M. (New York time) on the date not more than two Business Days prior to such determination.

Examples of Applicable Currency Equivalent in a sentence

• Each partial prepayment pursuant to this Section 3.03 shall be in a principal amount of (i) $1,000,000 (or the Applicable Currency Equivalent thereof), or whole multiples of $1,000,000 (or the Applicable Currency Equivalent thereof) in excess thereof with respect to Eurocurrency Loans, and (ii) $500,000 or whole multiples of $100,000 in excess thereof with respect to Prime Rate Loans.

• Any amount specified in this Agreement or any of the other Loan Documents to be in Dollars shall also include the Applicable Currency Equivalent thereof in any currency other than Dollars.

• Xxxxx Title: Vice President FLEET BANK, NATIONAL ASSOCIATION By: -------------------------------- Name: Title: COOPERATIEVE CENTRALE RAIFFEISEN- BOERENLEENBANK B.A. "RABOBANK NEDERLAND", NEW YORK BRANCH By: -------------------------------- Name: Title: EUROPEAN AMERICAN BANK By: -------------------------------- Name: Title: EXHIBIT A SUBSTITUTE REVOLVING CREDIT PROMISSORY NOTE $_____________ August 15, 1997 (or the Applicable Currency Equivalent thereof) Xxxxx Xxxxxx, Inc.

• Each borrowing of LIBOR Loans denominated in Dollars shall be in an amount at least equal to $2,000,000 and, if greater, in integral multiples of $100,000 in excess thereof and each borrowing of LIBOR Loans denominated in an Approved Currency other than Dollars shall be in an amount at least equal to the Applicable Currency Equivalent of $1,500,000 and, if greater, in integral multiples of the Applicable Currency Equivalent of $100,000 in excess thereof.

More Definitions of Applicable Currency Equivalent

Applicable Currency Equivalent means, with respect to an amount denominated in Dollars which is to be converted to any other Applicable Currency, the amount of such Applicable Currency required to purchase such amount of Dollars at the Relevant Exchange Rate.

Applicable Currency Equivalent means, with respect to any monetary amount in a currency other than U.S. dollars, in the case of the Dollar Notes, or euros, in the case of the Euro Notes, at any time for the determination thereof, the amount of U.S. dollars or euros, as applicable, obtained by converting such foreign currency involved in such computation into U.S. dollars or euros, as applicable, at the spot rate for the purchase of U.S. dollars or euros, as applicable, with the applicable foreign currency as quoted by Reuters at approximately 10:00 A.M. (New York time) on the date not more than two Business Days prior to such determination.

Applicable Currency Equivalent means, with respect to any monetary amount in a currency other than U.S. dollars, in the case of the Dollar Floating Rate Notes and the Fixed Rate Notes, or euros, in the case of the Euro Floating Rate Notes, at any time for the determination thereof, the amount of U.S. dollars or euros, as applicable, obtained by converting such foreign currency involved in such computation into U.S. dollars or euros, as applicable, at the spot rate for the purchase of U.S. dollars or euros, as applicable, with the applicable foreign currency as quoted by Reuters at approximately 10:00 A.M. (New York time) on the date not more than two Business Days prior to such determination.

Applicable Currency Equivalent means, with respect to any monetary amount in a currency other than euros, at any time for the determination thereof, the amount of euros obtained by converting such foreign currency involved in such computation into euros, at the spot rate for the purchase of euros, with the applicable foreign currency as quoted by Reuters at approximately 10:00 A.M. (New York time) on the date that is two Business Days prior to such determination.

Applicable Currency Equivalent means, as of any date of determination with respect to an amount denominated in Pesos, the equivalent in Dollars of such amount of Pesos, determined using the Peso/Dollar exchange rate published by Banco de México in the Federal Official Gazette (Diario Oficial de la Federación) as

Applicable Currency Equivalent means, with respect to any monetary amount in a currency other than U.S. dollars, at any time for the

Applicable Currency Equivalent means, with respect to any monetary amount