Original Dollar Amount definition

Original Dollar Amount means the amount of any Obligation denominated in U.S. Dollars and, in relation to any Loan denominated in an Alternative Currency, the U.S. Dollar Equivalent of such Loan on the day it is advanced or continued for an Interest Period.

Original Dollar Amount means, in relation to any Loan made in Canadian Dollars, the U.S. Dollar Equivalent of such Loan on the day it is advanced, and in relation to any Canadian Letter of Credit denominated in Canadian Dollars, the U.S. Dollar Equivalent on such day that such Letter of Credit is issued, increased or extended.

Original Dollar Amount means, with respect to any Loan, the Equivalent in Dollars of the original principal amount of such Loan specified in the related request therefor given by any Borrower pursuant to Section 2.6 (a) as such amount is reduced by payments of principal made in respect of such Loan in Dollars (or the Dollar Equivalent thereof in the case of a payment made in a Permitted Currency other than Dollars) and (b) as such amount is adjusted pursuant to Section 3.1(d).

Examples of Original Dollar Amount in a sentence

• The Original Dollar Amount of each Eurocurrency Loan denominated in an Alternative Currency shall be determined or redetermined, as applicable, effective as of the first day of each Interest Period applicable to such Loan.

• The sum of the (i) aggregate Original Dollar Amount of Revolving Loans, (ii) the aggregate Original Dollar Amount of Swing Loans, and (iii) the aggregate U.S. Dollar Equivalent of all L/C Obligations at any time outstanding shall not exceed the Revolving Credit Commitments in effect at such time.

• Each Borrowing of Eurocurrency Loans shall be in an amount not less than an Original Dollar Amount of $3,000,000 and, if greater, in units of the relevant currency as would have an Original Dollar Amount most closely approximating $500,000 or an integral multiple thereof.

• Sections 1.01(a)(iv)(I) and 1.01(a)(v)(I) of the Credit Agreement are each hereby amended by deleting the phrase "aggregate principal amount" wherever it occurs therein and inserting in its place the phrase "Original Dollar Amount".

• Also, working to post a list of companies that accept minibulk containers for recycling but need to identify a procedure for developing and reviewing material prior to posting on the website.

More Definitions of Original Dollar Amount

Original Dollar Amount means the U.S. Dollar Equivalent of any Loan, Letter of Credit or Obligation.

Original Dollar Amount in relation to a Loan, means:-

Original Dollar Amount means, in relation to an Advance, the amount thereof requested in the Notice of Drawdown relating thereto or, if such Advance is not denominated in Dollars, the U.S. Dollar Equivalent of such amount, calculated as at the date of such Notice of Drawdown.

Original Dollar Amount means, at any relevant time, the amount of the Facility which would then have been outstanding had the Facility at all times been denominated, drawn and repaid wholly in Dollars in accordance with Clause 6.

Original Dollar Amount means (i) the amount of any Obligation, if such Obligation is denominated in U.S. Dollars, (ii) in relation to any Loan, Reimbursement Obligation or Letter of Credit denominated in an Agreement Currency, the U.S. Dollar Equivalent of such Obligation as of the day such amount is to be computed pursuant to Section 2.4 hereof and (iii) in relation to any other Obligation denominated in an Agreement Currency, the U.S. Dollar Equivalent of such Obligation on the day such amount is being computed.

Original Dollar Amount means, with respect to any Advance, the Equivalent in Dollars of the original principal amount of such Advance specified in the related request therefor given by a Borrower pursuant to Section 2.4(a) as such amount is reduced by payments of principal made in respect of such Advance in Dollars (or the Dollar Equivalent thereof in the case of a payment made in a Permitted Currency other than Dollars) and (b) as such amount is adjusted pursuant to Section 3.1(c).

Original Dollar Amount means, in relation to a L/C: