Pounds or £ means the lawful currency of the United Kingdom.
Canadian Dollars means the lawful currency of Canada.
Canadian Dollar Equivalent of any amount which is expressed in United States Dollars means, on any date, the Canadian dollar equivalent of such amount determined by multiplying such amount by the U.S. - Canadian Exchange Rate in effect on such date;
Canadian Dollar means the lawful currency of Canada.
Pounds means the lawful currency of the United Kingdom.
Pounds Sterling means the lawful currency of the United Kingdom.
Base Rate Committed Loan means a Committed Loan that is a Base Rate Loan.
We, Us or Our means Specialty Insurance Solutions.
Carbon dioxide equivalent or “CO2 equivalent” or “CO2e” means the number of metric tons of CO2 emissions with the same global warming potential as one metric ton of another greenhouse gas. Global warming potential values shall be determined consistent with the definition of Carbon Dioxide Equivalent in MRR section 95102(a).
Alternate Base Rate Loans means Loans that bear interest at an interest rate based on the Alternate Base Rate.
Base Rate Loans Loans the rate of interest applicable to which is based upon the Base Rate.
Eurocurrency Borrowing means a Borrowing comprised of Eurocurrency Loans.
Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.
British Pounds Sterling means the lawful currency of Great Britain.
Japanese Yen means the lawful currency of Japan.
Eurodollar Rate Committed Loan means a Committed Loan that bears interest at a rate based on the Eurodollar Rate.
Alternate Base Rate Loan means a Loan which bears interest at the Alternate Base Rate or the Default Rate.
B/A Equivalent Loan has the meaning assigned to such term in Section 2.06(j).
Dollar Equivalent means, at any time, (a) with respect to any amount denominated in Dollars, such amount, and (b) with respect to any amount denominated in any currency other than Dollars, the equivalent amount thereof in Dollars as determined by the Administrative Agent at such time on the basis of the Spot Rate (determined in respect of the most recent Revaluation Date or other applicable date of determination) for the purchase of Dollars with such currency.
Dollar Equivalent Amount means, at any time, (a) as to any amount denominated in Dollars, the amount hereof at such time, and (b) as to any amount denominated in a currency other than Dollars, the equivalent amount in Dollars as determined by Agent at such time that such amount could be converted into Dollars by Agent according to prevailing exchange rates selected by Agent.
Committed Loans means loans made pursuant to Section 2.1(a).
Committed Loan has the meaning specified in Section 2.01.
Prime Rate Loans means any Loans or portion thereof on which interest is payable based on the Prime Rate in accordance with the terms thereof.
U.S. Dollar Equivalent means, on any date of determination, (a) with respect to any amount in US Dollars, such amount, and (b) with respect to any amount in any Alternative Currency, the equivalent in US Dollars of such amount, determined by the Administrative Agent pursuant to Section 1.05 using the Exchange Rate with respect to such Alternative Currency at the time in effect under the provisions of such Section.
BA Equivalent Loan any Loan in Canadian Dollars bearing interest at a rate determined by reference to the BA Rate in accordance with the provisions of Section 2.
Australian Dollars means the lawful currency of Australia.
Dollar Equivalent of the Currency Unit shall be determined by the Exchange Rate Agent and subject to the provisions of paragraph (h) below shall be the sum of each amount obtained by converting the Specified Amount of each Component Currency into Dollars at the Market Exchange Rate for such Component Currency on the Valuation Date with respect to each payment.