Currency Fluctuations. (a) Not later than 1:00 p.m. (Boston time) on the last Business Day of each calendar month (the "Calculation Date"), the Agent shall determine the Dollar Equivalent as of such date. The Dollar Equivalent so determined shall become effective on the first Business Day immediately following such determination (a "Reset Date") and shall remain effective until the next succeeding Reset Date.
Appears in 4 contracts
Samples: Credit Agreement (Genesee & Wyoming Inc), And Term Loan Agreement (Holmes Products Corp), Security Agreement (Genrad Inc)
Currency Fluctuations. (a) Not later than 1:00 p.m. 11:00 a.m. (Boston time) on the last Business Day of each calendar month (the "Calculation Date"), the Agent shall determine the Dollar Equivalent as of such date. The Dollar Equivalent so determined shall become effective on the first Business Day immediately following such determination (a "Reset Date") and shall remain effective until the next succeeding Reset Date.
Appears in 1 contract
Currency Fluctuations. (a) Not later than 1:00 p.m. (Boston time) on the last US Business Day of each calendar month (the "Calculation ----------- Date"), the Administrative Agent shall determine the Dollar ---- Equivalent as of such datedate of the Outstanding Revolving Credit Loans and Letter of Credit Obligations. The Dollar Equivalent so determined shall become effective on the first US Business Day immediately following such determination (a "Reset Date") ---------- and shall remain effective until the next succeeding Reset Date.
Appears in 1 contract
Samples: Credit and Term Loan Agreement (Genesee & Wyoming Inc)
Currency Fluctuations. (a) Not later than 1:00 p.m. 11:00 a.m. (Boston time) on the last Business Day of each calendar month (the "“Calculation Date"”), the Agent shall determine the Dollar Equivalent as of such date. The Dollar Equivalent so determined shall become effective on the first Business Day immediately following such determination (a "“Reset Date"”) and shall remain effective until the next succeeding Reset Date.
Appears in 1 contract
Currency Fluctuations. (a) Not later than 1:00 p.m. (Boston time) on the last Business Day of each calendar month (the "Calculation Date"), the Agent shall determine the Dollar Equivalent Exchange Rate as of such date. The Dollar Equivalent Exchange Rate so determined shall become effective on the first Business Day immediately following such determination (a "Reset Date") and shall remain effective until the next succeeding Reset Date.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Russell-Stanley Holdings Inc)
Currency Fluctuations. (a) Not later than 1:00 p.m. (Boston time) on the last Business Day of each calendar month (the "Calculation Date"), the Agent shall determine the Dollar Equivalent as of such date. The Dollar Equivalent so determined shall become effective on the first Business Day immediately following such determination (a "Reset Date") and shall remain effective until the next succeeding Reset Date.. 41
Appears in 1 contract
Samples: Credit and Term Loan Agreement (Western Digital Corp)
Currency Fluctuations. (a) Not later than 1:00 p.m. (Boston time) on the last Business Day of each calendar month or upon the request of any Lender (the "“Calculation Date"”), the Agent shall determine the Dollar Equivalent Exchange Rate as of such date. The Dollar Equivalent Exchange Rate so determined shall become effective on the first Business Day immediately following such determination (a "“Reset Date"”) and shall remain effective until the next succeeding Reset Date.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Dave & Busters Inc)
