Optional Currencies definition

Optional Currencies means Dutch Guilders (NLG), Euro (EUR) or Japanese Yen (JPY);
Optional Currencies means the currencies of Great Britain, France, Germany, Australia or any other currency acceptable to the Agent freely tradable in the offshore interbank market and which is freely convertible into Dollars.
Optional Currencies. Marks, Pounds, Francs and, with respect to ------------------- Swing Line Loans and Letters of Credit only, Pesetas, and, with respect to Letters of Credit only, Lira and any other foreign currency which is acceptable to the Issuing Lender in its sole discretion.

Examples of Optional Currencies in a sentence

  • For purposes of preparing the financial statements, calculating financial covenants and determining compliance with covenants expressed in Dollars, Optional Currencies shall be converted to Dollars in accordance with GAAP.

  • All other computations of fees and interest shall be made on the basis of a 360-day year and actual days elapsed or, in the case of interest in respect of Loans denominated in Optional Currencies as to which market practice differs from the foregoing, in accordance with such market practice.

  • If on any Computation Date the Revolving Facility Usage is equal to or greater than the Revolving Credit Commitments as a result of a change in exchange rates between one (1) or more Optional Currencies and Dollars, then the Administrative Agent shall notify the Borrower of the same.

  • Any lawful recognized market in which deposits of Dollars and the relevant Optional Currencies are offered by international banking units of United States banking institutions and by foreign banking institutions to each other and in which foreign currency and exchange operations or eurocurrency funding operations are customarily conducted.

  • If on any Computation Date the Revolving Facility Usage is equal to or greater than the Revolving Credit Commitments as a result of a change in exchange rates between one (1) or more Optional Currencies and Dollars, then the Administrative Agent shall notify the Borrowers of the same.


More Definitions of Optional Currencies

Optional Currencies means EUR, GBP and USD.
Optional Currencies means any of Dollars, Yen, Swiss Francs, Sterling and Euros;
Optional Currencies means Euros, Dollars and any other currency which the Facility Agent has confirmed to the Parent is freely available in the London foreign exchange market;
Optional Currencies. Marks, Pounds, Francs and, with respect ------------------- to Swing Line Loans and Letters of Credit only, Lira and Pesetas, and, with respect to Letters of Credit only, any other foreign currency which is acceptable to the Issuing Lender in its sole discretion."
Optional Currencies means German Deutschmarks, Danish Krona, Finnish Markka, Norwegian Krone or Swedish Krona.
Optional Currencies means Dollars, Sterling and any other currency which the Facility Agent agrees and has confirmed to Bidco 2 is freely available in the London foreign exchange market;
Optional Currencies the following: ", euro", (iv) inserting after the reference to Schedule 1.1E in the eighth line of the definition of "Permitted Acquisition" the words "and the acquisition separately disclosed in writing to the Lenders in connection with the Third Amendment as Project Tortoise to the extent the Company acquires at least 85% of the Capital Stock of the Person acquired in such acquisition", (v) replacing the definition of the term "Business Day" with the following new definition: