Available Currency definition

Available Currency means Dollars, Euros and Sterling.
Available Currency means Dollars, and any other currency (including Euros and Sterling) as the relevant Borrower, each of the relevant Revolving Credit Lenders or the relevant Term Lenders, as the case may be, and the Administrative Agent may agree to from time to time.
Available Currency means, at any time, any of Dollars, Pounds Sterling, Euro, Canadian Dollars or Australian Dollars, and, with the prior written consent of each Multicurrency Lender and the Administrative Agent and prior notice to the Collateral Agent, any other currency, so long as, in respect of any such specified currency, it is available to the Collateral Agent and at such time no central bank or other governmental authorization in the country of issue of such currency (including, in the case of the Euro, any authorization by the European Central Bank) is required to permit use of such currency by any Lender for making any Advance hereunder and/or to permit the Borrower to borrow and repay the principal thereof and to pay the interest thereon, unless such authorization has been obtained and is in full force and effect.

Examples of Available Currency in a sentence

  • Any and all prepayments made by the Borrower under the Facility Documents shall be made in the applicable Available Currency.

  • If that Borrower fails to so reimburse such L/C Issuer by such time, the Administrative Agent shall promptly notify each Appropriate Lender of the Honor Date, the amount of the unreimbursed drawing (expressed in Dollars in the Dollar Equivalent, calculated by the Administrative Agent, thereof in the case of an Available Currency other than Dollars) (the “Unreimbursed Amount”), and the amount of such Appropriate Lender’s Pro Rata Share or other applicable share provided for under this Agreement thereof.

  • PROCEQ reserves the right to charge to the customer a handling fee for any purchase orders of less than CHF 150, a surcharge for small- volume purchases of CHF 50.

  • Each prepayment of the principal of, and interest on, any Revolving Credit Loans shall be made in the relevant Available Currency.

  • Any Letter of Credit issued under any Revolving Facility may be denominated in any Available Currency selected by the applicable Borrower.


More Definitions of Available Currency

Available Currency means Dollars.
Available Currency means each of Dollars, Euro, Sterling and Canadian Dollars and any other currency approved in accordance with Section 1.09.
Available Currency means dollars, Euros, British Pounds Sterling, Mexican Pesos, Canadian Dollars, Swiss Francs and any other lawful currency which is requested by the Borrower, reasonably acceptable to the Administrative Agent and is freely transferable into dollars.
Available Currency means Dollars and Canadian Dollars.
Available Currency means (i) with respect to Term Loans, US Dollars, (ii) with respect to Revolving Loans, US Dollars and any Alternate Currency, (iv) with respect to Letters of Credit, US Dollars, any Alternate Currency and any Approved Alternate L/C Currency and (iii) with respect to Swingline Loans, US Dollars or Canadian Dollars.
Available Currency means the Euro, British Pounds Sterling, Japanese Yen, the Canadian dollar or any other freely available currency that is (i) a lawful currency that is readily available and freely transferable and convertible into Dollars, (ii) available in the London interbank market and (iii) agreed to by the Administrative Agent and each of the Banks. The term “Available Currency”, when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are denominated in an Available Currency.
Available Currency has the meaning specified in Section 2.18.