Currency Excess Amount definition

Currency Excess Amount has the meaning set out in Section 2.9.
View Source

Examples of Currency Excess Amount in a sentence

  • The Administrative Agent shall request repayment of any Currency Excess Amount forthwith upon request therefor by any Revolving Lender, but the Administrative Agent is not otherwise required to monitor Currency Excess Amount levels or to request repayment thereof.

  • The Administrative Agent shall request repayment of any Currency Excess Amount forthwith upon request therefor by any Lender, but the Administrative Agent is not otherwise required to monitor Currency Excess Amount levels or to request repayment thereof.

  • If any Currency Excess Amount with respect to any Lender is less than 3% of the Revolving Credit Commitment of such Lender, then the repayment of the Currency Excess Amount to such Lender shall be made on the next Quarterly Date.

  • If only Letters of Credit are outstanding, then Cover for the Currency Excess Amount shall be provided by the Borrower on the next Quarterly Date.

  • If any Currency Excess Amount with respect to any Lender is equal to or greater than 3% of the Revolving Credit Commitment of such Lender, then the repayment of the Currency Excess Amount to such Lender shall be made by the Borrower within one Business Day after the Administrative Agent requests such repayment.

  • To the extent that Prime Rate Loans, Base Rate Loans or Reimbursement Obligations are outstanding, then the repayment of the Currency Excess Amount shall be made by the Borrower within three Business Days after the Administrative Agent requests such repayment.

  • To the extent that B/As or LIBO Rate Loans are outstanding, then the repayment of the Currency Excess Amount shall be made on expiration of the next Contract Period or Interest Period, as applicable.

  • If any such excess amount resulting from fluctuations in Exchange Rates on a Calculation Date (any such excess being referred to in this Section 2.12(d) as a “Currency Excess Amount”) with respect to any Revolving Lender is equal to or greater than [REDACTED – Percentage]of the Revolving Commitment of such Revolving Lender, then the repayment of the Currency Excess Amount to such Revolving Lender shall be made by the Borrower [REDACTED – Time Period] after the Administrative Agent requests such repayment.

  • To the extent that B/As or SOFR Loans are outstanding, then the repayment of the Currency Excess Amount shall be made on expiration of the next Contract Period or Interest Period, as applicable.

  • If any such excess amount resulting from fluctuations in Exchange Rates on a Calculation Date (any such excess being referred to in this Section 2.12(d) as a “Currency Excess Amount”) with respect to any Revolving Lender is equal to or greater than 2% of the Revolving Commitment of such Revolving Lender, then the repayment of the Currency Excess Amount to such Revolving Lender shall be made by the Borrowers within one Business Day after the Administrative Agent requests such repayment.