Additional Alternate Currencies Sample Clauses
Additional Alternate Currencies. (a) The Company may from time to time request that Revolving Loans be made and/or Letters of Credit be issued in a currency other than Dollars and those specifically listed in the definition of “Alternate Currencies”; provided that such requested currency is a lawful currency (other than Dollars) that is readily available and freely transferable and convertible into Dollars. In the case of any such request with respect to the making of Revolving Loans in any additional Alternate Currency, such request shall be subject to the approval of the Administrative Agent and each of the Revolving Lenders of the applicable Class; and in the case of any such request with respect to the issuance of Letters of Credit, such request shall be subject to the approval of the Administrative Agent and each applicable Issuing Bank.
(b) Any such request shall be made to the Administrative Agent not later than 11:00 a.m., fifteen (15) Business Days prior to the date of the first desired borrowing of Loans in such additional Alternate Currency (or such other time or date as may be agreed by the Administrative Agent and, in the case of any such request pertaining to Letters of Credit, the Issuing Banks, in its or their sole discretion). In the case of any such request pertaining to Alternate Currency Loans, the Administrative Agent shall promptly notify each Revolving Lender of the applicable Class thereof; and in the case of any such request pertaining to Letters of Credit, the Administrative Agent shall also promptly notify each applicable Issuing Bank thereof. Each Revolving Lender of the applicable Class (in the case of any such request pertaining to Revolving Loans) and each applicable Issuing Bank (in the case of a request pertaining to Letters of Credit) shall notify the Administrative Agent, not later than 11:00 a.m., ten (10) Business Days after receipt of such request whether it consents, in its sole discretion, to the making of Loans, or the issuance of Letters of Credit, as the case may be, in such requested currency.
(c) Any failure by a Revolving Lender or an Issuing Bank, as the case may be, to respond to such request within the time period specified in the preceding sentence shall be deemed to be a refusal by such Revolving Lender or such Issuing Bank, as the case may be, to permit Loans to be made or Letters of Credit to be issued in such requested currency. If the Administrative Agent and all the Revolving Lenders consent to making Loans in such requested currency...
Additional Alternate Currencies. (a) The Company may from time to time request that Eurocurrency Rate Loans be made in a currency other than those specifically listed in clause (a) of the definition of “Alternate Currency” and/or Letters of Credit be issued in a currency other than those specifically listed in clauses (a) and (b) of the definition of “Alternate Currency;” provided that such requested currency is a lawful currency (other than Dollars) that is readily available and freely transferable and convertible into Dollars and a Dollar Equivalent thereof can be calculated. In the case of any such request with respect to the making of Eurocurrency Rate Loans, such request shall be subject to the approval of the Administrative Agent (and, if the requested currency is not Euro, Canadian Dollars or Sterling or an Alternate Currency previously approved by all Lenders, all Lenders). In the case of any such request with respect to the issuance of Letters of Credit, such request shall be subject to the approval of the Administrative Agent and the applicable Issuing Bank.
Additional Alternate Currencies. The Borrower Representative may from time to time request that Revolving Loans be made and/or Letters of Credit be issued in a currency other than US Dollars or Canadian Dollars (each such currency, an “Alternate Currency”); provided, that the relevant requested currency is a lawful currency (other than US Dollars or Canadian Dollars) that is readily available and freely transferable and convertible into US Dollars or Canadian Dollars. In the case of any such request with respect to the making of Revolving Loans, such request shall be subject to the approval of the Administrative Agent and the Revolving Lenders; and, in the case of any such request with respect to the issuance of Letters of Credit, such request shall be subject to the approval of the Administrative Agent and the applicable Issuing Bank.
Additional Alternate Currencies. Subject to the approval of Agent, Borrower Agent may from time to time request that an Alternate Swingline Loan be made in a currency other than Dollars provided, that such requested currency is a lawful currency (other than Dollars) that is readily available and freely transferable and convertible into Dollars. Any such request shall be made to Agent not later than 11:00 a.m., five (5) Business Days prior to the date of the desired Borrowing (or such other time or date as may be agreed by Borrower Agent and Agent). If Agent consents to making Alternate Swingline Loans in such requested currency, Agent shall so notify Borrower Agent of such consent, therein designating the applicable reference rate for such currency, and any other procedures, terms (including pricing and interest rate determination mechanics) or conditions applicable to Borrowings of Alternate Swingline Loans in such currency, and such currency shall thereupon be deemed for all purposes to be an Alternate Currency for Alternate Swingline Loans. Agent in its sole discretion may approve or decline any such request without prior notice. No such requested currency shall be an Alternate Currency unless and until Agent notifies of Borrower Agent of Agent's approval thereof as provided herein.
Additional Alternate Currencies. In connection with any approved request for an Alternate Currency pursuant to clause (b) of the definition thereof, the Administrative Agent will have the right to make any technical, administrative or operational changes that the Administrative Agent decides may be appropriate to reflect the inclusion of such Alternate Currency and the adoption and implementation of the benchmark rate applicable thereto and to permit the administration thereof by the Administrative Agent from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document.
Additional Alternate Currencies. Subject to the approval of Agent, Borrower Agent may from time to time request that an Alternate Swingline Loan be made in a currency other than Canadian Dollars, Euros or Sterling, provided, that such requested currency is a lawful currency (other than Dollars) that is readily available and freely transferable and convertible into Dollars. Any such request shall be made to Agent not later than 11:00 a.m., five (5) Business Days prior to the date of the desired Borrowing (or such other time or date as may be agreed by Borrower Agent and Agent). If Agent consents to making Alternate Swingline Loans in such requested currency, Agent shall so notify Borrower Agent of such consent, therein designating the applicable reference rate for such currency, and such currency shall thereupon be deemed for all purposes to be an Alternate Currency for Alternate Swingline Loans. Agent in its sole discretion may approve or decline any such request without prior notice. No such requested currency shall be an Alternate Currency unless and until Agent notifies of Borrower Agent of Agent’s approval thereof as provided herein.
Additional Alternate Currencies. 5253 1.06. Basket Compliance and Limited Conditionality Provisions .................................. 5253 1.07.
Additional Alternate Currencies. Provided that no Default or Event of Default has occurred and is then continuing, Parent Borrower may from time to time request that any currency which is not then an Alternate Currency become an Alternate Currency by submitting a Currency Addendum, with respect to such currency to the Agent. Upon receipt of such Currency Addendum, the Agent shall confirm such Currency Addendum by signing a copy thereof and shall deliver a copy thereof to Parent Borrower, each Lender and each Reference Lender. In the event that all of the Lenders consent to such currency becoming an Alternate Currency in writing delivered to the Agent and Parent Borrower, then such currency shall become an Alternate Currency.