Common use of Amount of Optional Currencies Clause in Contracts

Amount of Optional Currencies. If an Advance is to be made in an Optional Currency, the amount of the Advance will be determined by converting into that Optional Currency, the Original Euro Amount of that Advance on the basis of the Agent’s Spot Rate of Exchange on the day which is three Business Days prior to the proposed Drawdown Date.

Appears in 2 contracts

Samples: Credit Agreement (Adecco Sa), Facility Agreement (Adecco Sa)

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Amount of Optional Currencies. If an Advance is to be made in an Optional Currency, the amount of the that Advance will be determined by converting into that Optional Currency, Currency the Original Euro Dollar Amount of that Advance on the basis of the Agent’s 's Spot Rate of Exchange on the day which is three Business Days prior to date of receipt of the proposed Drawdown DateRequest for that Advance.

Appears in 1 contract

Samples: Term and Revolving Credit Facility (Powergen PLC)

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Amount of Optional Currencies. If an Advance is to be made in an Optional Currency, the amount of the Advance will be determined by converting into that Optional Currency, the Original Euro Amount of that Advance on the basis of the Agent’s 's Spot Rate of Exchange on the day which is three Business Days prior to the proposed Drawdown Date.

Appears in 1 contract

Samples: Loan Agreement (Adecco Sa)

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