Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate of exchange.
Appears in 27 contracts
Samples: Assignment Agreement (Euroseas Ltd.), Facility Agreement (Okeanis Eco Tankers Corp.), Facility Agreement (Navios Maritime Partners L.P.)
Currency Conversion. (a) For the purpose of, of or pending the discharge of, of any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market the spot rate of exchangeat which the Security Agent is able to purchase the currency in which the Secured Obligations are due with the amount received.
Appears in 12 contracts
Samples: Agreement (Alliance Data Systems Corp), Agreement (SunOpta Inc.), Agreement (Alliance Data Systems Corp)
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market the spot rate of exchangeat which the Security Agent is able to purchase the currency in which the Secured Obligations are due with the amount received.
Appears in 11 contracts
Samples: Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.), Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.), Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.)
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent it from one currency to another, at a market rate the Security Agent’s Spot Rate of exchangeExchange.
Appears in 8 contracts
Samples: Intercreditor Agreement (Amc Entertainment Holdings, Inc.), Agreement (Liberty Global PLC), Agreement (Liberty Global PLC)
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate the Security Agent’s Spot Rate of exchangeExchange.
Appears in 6 contracts
Samples: Intercreditor Agreement (Paysafe LTD), Intercreditor Agreement, Intercreditor Agreement (Nord Anglia Education, Inc.)
Currency Conversion. (a) For the purpose of, of or pending the discharge of, of any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate the Security Agent’s Spot Rate of exchangeExchange.
Appears in 5 contracts
Samples: Facility Agreement (Bristow Group Inc.), Assignment Agreement (Bristow Group Inc.), Assignment Agreement (Bristow Group Inc.)
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys monies received or recovered by the Security Agent from one currency to anotherinto the Base Currency, at a market rate the Security Agent’s Spot Rate of exchangeExchange.
Appears in 5 contracts
Samples: Intercreditor Agreement (Cemex Sab De Cv), Intercreditor Agreement (Cemex Sab De Cv), Intercreditor Agreement (Cemex Sab De Cv)
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate of exchangeexchange available to the Security Agent in its usual course of business.
Appears in 5 contracts
Samples: Facility Agreement (United Maritime Corp), Facility Agreement (United Maritime Corp), Assignment Agreement (United Maritime Corp)
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations, the Security Agent or Secondary Security Agent (as applicable) may convert any moneys received or recovered by the Security Agent or Secondary Security Agent (as applicable) from one currency to another, at a market rate the Security Agent's Spot Rate of exchangeExchange.
Appears in 4 contracts
Samples: Facilities Agreement (StarTek, Inc.), Facilities Agreement (StarTek, Inc.), Senior Facilities Agreement (StarTek, Inc.)
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate the Security Agent's Spot Rate of exchangeExchange.
Appears in 3 contracts
Samples: Agreement (PCGI Intermediate Holdings LTD), Agreement (PCGI Intermediate Holdings LTD), Facility Agreement (PCGI Intermediate Holdings LTD)
Currency Conversion. (ai) For the purpose of, or pending the discharge of, any of the Secured Liabilities Guaranteed Obligations, the Facility Agent or (as applicable) the Security Agent may convert any moneys received or recovered by the Security Facility Agent from one currency to another, at a market the Facility Agent’s spot rate of exchange.
Appears in 3 contracts
Samples: Guaranty Agreement, Guaranty Agreement (Hanover Insurance Group, Inc.), Guaranty (Hanover Insurance Group, Inc.)
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate the Security Agent's Spot Rate of exchangeExchange.
Appears in 2 contracts
Samples: Intercreditor Agreement (Paysafe LTD), Intercreditor Agreement (Paysafe LTD)
Currency Conversion. (aA) For the purpose of, or pending the discharge of, any of the Secured Liabilities the Security and Intercreditor Agent may convert any moneys received or recovered by the Security and Intercreditor Agent from one currency to another, at a market rate the Security and Intercreditor Agent’s Spot Rate of exchangeExchange.
Appears in 2 contracts
Samples: Intercreditor and Security Sharing Agreement (Kosmos Energy Ltd.), Agreement (Kosmos Energy Ltd.)
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations, the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate the Security Agent’s Spot Rate of exchangeExchange.
Appears in 2 contracts
Samples: Agreement (Hamilton Insurance Group, Ltd.), Assignment Agreement (Hamilton Insurance Group, Ltd.)
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Liabilities, the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate of exchange.
Appears in 2 contracts
Samples: Agreement (Cboe Global Markets, Inc.), Agreement (Cboe Global Markets, Inc.)
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities obligations and liabilities secured by the Security Documents, the Security Agent may convert any moneys received it receives or recovered by the Security Agent recovers from one currency to another, at a market rate of exchange.. 125
Appears in 1 contract
Samples: Facility Agreement (IHS Holding LTD)
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities the Liabilities, each Security Agent may convert any moneys received or recovered by the that Security Agent from one currency to another, at a market rate that Security Agent’s Spot Rate of exchangeExchange.
Appears in 1 contract
Samples: Amkor Technology, Inc.
Currency Conversion. (a) For the purpose of, of or pending the discharge of, of any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market the spot rate of exchangeat which the Security Agent is able to purchase the currency in which the applicable Secured Obligations are due with such moneys received or recovered.
Appears in 1 contract
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent (including, without limitation, any cash proceeds) from one currency to another, at a market rate the Security Agent's Spot Rate of exchange.Exchange;
Appears in 1 contract
Samples: Intercreditor Agreement (NAC Aviation 29 Designated Activity Co)
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered 84894163_20 by the Security Agent it from one currency to another, at a market rate the Security Agent’s Spot Rate of exchangeExchange.
Appears in 1 contract
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations, the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market the Security Agent’s spot rate of exchange.
Appears in 1 contract
Samples: Restatement Agreement (Hanover Insurance Group, Inc.)
Currency Conversion. (a) For the purpose of, of or pending the discharge of, of any of the Secured Liabilities obligations owed by the Borrower to the Finance Parties under the Finance Documents the Security Agent may convert any moneys monies received or recovered by the Security Agent from one currency to another, at a market the spot rate of exchangeat which the Security Agent is able to purchase the currency in which such obligations owed by the Borrower are due with the amount received.
Appears in 1 contract
Samples: Facility Agreement (Spansion Inc.)
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate of exchange.
Appears in 1 contract
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate the Security Agent’s Spot Rate of exchangeExchange.
Appears in 1 contract
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations, the Security Agent may convert any moneys received or recovered by the Security Agent it from one currency to another, at a market rate the Security Agent’s Spot Rate of exchangeExchange.
Appears in 1 contract
Samples: Intercreditor Agreement
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate of exchange.. 103
Appears in 1 contract
Samples: Facility Agreement (American Realty Capital Global Trust II, Inc.)
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may may, at any time and from time to time, convert any moneys received proceeds received, recovered or recovered held by the Security Agent from one currency to another, at a market rate the Security Agent’s Spot Rate of exchangeExchange.
Appears in 1 contract
Samples: Intercreditor Agreement (Home Inns & Hotels Management Inc.)
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations, the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate of exchange. (b) The obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.
Appears in 1 contract
Samples: Agreement (Borr Drilling LTD)
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent (including, without limitation, any cash proceeds) from one currency to another, at a market rate the Security Agent’s Spot Rate of exchange.Exchange;
Appears in 1 contract
Samples: Intercreditor Agreement (NAC Aviation Colorado 1 LLC)
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate the relevant PBOC Rate for the purchase of exchangethat currency with that other currency at or about 11 a.m. on the relevant date.
Appears in 1 contract
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities obligations and liabilities secured by the Security Documents, the Security Agent may convert any moneys received it receives or recovered by the Security Agent recovers from one currency to another, at a market rate of exchange.
Appears in 1 contract
Samples: Credit Agreement (IHS Holding LTD)
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities the Security Agent may convert any moneys received or recovered by the Security Agent from one the currency received to anotherthe currency in which any of the Secured Liabilities are due (including by converting through a third currency if it is necessary to do so), in an amount not in excess of the amount the Security Agent reasonably believes is necessary to satisfy the Secured Liabilities due in such currency, at a market rate the Security Agent's Spot Rate of exchangeExchange for such conversion.
Appears in 1 contract
Samples: Agreement (Diodes Inc /Del/)
Currency Conversion. (a) 28.4.1 For the purpose of, or pending the discharge of, any part of the Secured Liabilities Indebtedness the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate of exchange.
Appears in 1 contract
Samples: Performance Shipping Inc.
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate the Dollar Equivalent or, with respect to other currencies, using exchange rates prevailing on the date of exchangedetermination.
Appears in 1 contract
Samples: Intercreditor Agreement (Nord Anglia Education, Inc.)
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities the The Security Agent may convert any moneys received received, recovered or recovered realised by the Security Agent it under this Agreement from one their existing currency to another, at a market rate of exchangeinto any other currency it thinks fit.
Appears in 1 contract
Samples: www.graviscapital.com
Currency Conversion. (aA) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate the Security Agent’s Spot Rate of exchangeExchange.
Appears in 1 contract
Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities the The Security Agent or any Receiver may convert any moneys received received, recovered or recovered realised by the Security Agent it under this Deed from one their existing currency to another, at a market rate of exchangeinto any other currency it thinks fit.
Appears in 1 contract