Alternative Currency Commitment. If at any time (as determined by the Administrative Agent under Section 2.5(b)(v)), based upon the Dollar Amount of all outstanding Loans and L/C Obligations, (A) solely because of currency fluctuation, the outstanding principal amount of all Alternative Currency Loans exceeds the lesser of (1) one hundred and five percent (105%) of the Aggregate Commitment less the sum of all outstanding Swingline Loans, Revolving Credit Loans and L/C Obligations and (2) one hundred and five percent (105%) of the Alternative Currency Commitment or (B) for any other reason, the outstanding principal amount of all Alternative Currency Loans exceeds the lesser of (1) the Aggregate Commitment less the sum of all outstanding Swingline Loans, Revolving Credit Loans and L/C Obligations and (2) the Alternative Currency Commitment, then, in each such case, such excess shall be immediately repaid, in the currency in which such Alternative Currency Loan or Alternative Currency Loans were initially funded, by the Borrower to the Administrative Agent for the account of the Alternative Currency Lender.
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Samples: Credit Agreement (Compx International Inc), Credit Agreement (Compx International Inc)
Alternative Currency Commitment. If at any time (as determined by the Administrative Agent under Section 2.5(b)(v2.05(b)(iv)), based upon the Equivalent Dollar Amount of all outstanding Loans and L/C ObligationsRevolving Loans, (A) solely because of currency fluctuation, the outstanding principal amount of all Revolving Loans denominated in an Alternative Currency Loans exceeds the lesser of (1) one hundred and five percent (105%) of the Aggregate Commitment less aggregate Commitments of all Lenders minus the sum of all outstanding Swingline Loans, Revolving Credit Loans denominated in dollars and Competitive Bid Loans and L/C Obligations Swingline Loans and (2) one hundred and five percent (105%) of the Alternative Currency Commitment or (B) for any other reason, the outstanding principal amount of all Alternative Currency Loans exceeds the lesser of (1) the Aggregate Commitment less aggregate Commitments of all Lenders minus the sum of all outstanding Swingline LoansRevolving Loans denominated in dollars, Revolving Credit Competitive Bid Loans and L/C Obligations Swingline Loans and (2) the Alternative Currency Commitment, then, in each such case, such excess shall be immediately repaid, repaid in the currency in which such Alternative Currency Loan or Alternative Currency Loans Revolving Loan(s) were initially funded, funded by the Borrower to the Administrative Agent for the account of the Alternative Currency LenderLenders.
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Samples: Senior Unsecured Credit Agreement (Choice Hotels International Inc /De)
Alternative Currency Commitment. If at any time (as determined by the Administrative Agent under Section 2.5(b)(v)), based upon the Dollar Amount of all outstanding Loans and L/C Obligations, (A) solely because of currency fluctuation, the outstanding principal amount of all Alternative Currency Loans exceeds the lesser of (1) one hundred and five percent (105%) of the Aggregate Commitment less the Swingline Commitment less the sum of all outstanding Swingline Loans, Revolving Credit Loans and L/C Obligations and (2) one hundred and five percent (105%) of the Alternative Currency Commitment or (B) for any other reason, the outstanding principal amount of all Alternative Currency Loans exceeds the lesser of (1) the Aggregate Commitment less the Swingline Commitment less the sum of all outstanding Swingline Loans, Revolving Credit Loans and L/C Obligations and (2) the Alternative Currency Commitment, then, in each such case, such excess shall be immediately repaid, in the currency in which such Alternative Currency Loan or Alternative Currency Loans were initially funded, by the Borrower to the Administrative Agent for the account of the Alternative Currency Lender.
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