Common use of Additional Alternate Currencies Clause in Contracts

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.