Designated Foreign Currency means Euros, Canadian Dollars, British pounds, Australian dollars or any other currency (other than Dollars) approved in writing by the Lenders and that is freely traded and exchangeable into Dollars.
Designated Foreign Currency means, with respect to any applicable Letter of Credit, any foreign currency that is (a) freely traded and exchangeable into US Dollars and (b) approved by the applicable Issuing Bank.
Designated Foreign Currency means Euro and Sterling.
Examples of Designated Foreign Currency in a sentence
The Administrative Agent or the applicable Issuing Bank shall determine the US Dollar Equivalent of any Letter of Credit denominated in a Designated Foreign Currency as of any Revaluation Date, in each case using the LC Exchange Rate for the applicable currency in effect on the date of determination, and each such amount shall be the US Dollar Equivalent of such Letter of Credit until the next Revaluation Date.
The Administrative Agent or, if requested by the applicable Issuing Bank, such Issuing Bank shall in addition determine the US Dollar Equivalent of any Letter of Credit denominated in any Designated Foreign Currency as provided in Section 2.05.
More Definitions of Designated Foreign Currency
Designated Foreign Currency means the Canadian Dollar and the Euro.
Designated Foreign Currency means Euros, British Pounds Sterling, Japanese Yen or any other currency (other than US Dollars) approved in writing by the Issuing Bank and the Administrative Agent.
Designated Foreign Currency means (a) Sterling, Euro and Canadian Dollars and (b) any other currency specified by the Company in a notice to the Administrative Agent and consented to by each Lender with a Multicurrency Tranche Commitment that is freely transferable and convertible into US Dollars in the London foreign exchange market and for which LIBO Rates can be determined as provided in the definitions of “LIBO Rate” and “Screen Rate”.
Designated Foreign Currency means (i) in the case of Revolving Borrowings, Euros or any other currency (other than Dollars) approved in writing by all Revolving Lenders and that is freely traded and exchangeable into Dollars and (ii) in the case of Letters of Credit, Euros, Pound Sterling, Swedish Krona, Mexican Pesos or Norwegian Krone.
Designated Foreign Currency means (a) Euro and (b) Sterling.
Designated Foreign Currency means any foreign currency that is freely traded and exchangeable into US Dollars.
Designated Foreign Currency means Euros, Canadian Dollars, British pounds, Australian dollars, New Zealand dollars, or Yen.