Common use of Calculation of Amounts Clause in Contracts

Calculation of Amounts. For the purpose of calculating any person’s share of any amount payable to or by it, the Common Security Agent shall be entitled to: (a) notionally convert the Liabilities owed to any person into a common base currency (decided in its discretion by the Common Security Agent), that notional conversion to be made at the spot rate at which the Common Security Agent is able to purchase the notional base currency with the actual currency of the Liabilities owed to that person at the time at which that calculation is to be made; and (b) assume that all amounts received or recovered as a result of the enforcement or realisation of the Security Assets are applied in discharge of the Secured Obligations in accordance with the terms of the Secured Debt Documents under which those Secured Obligations have arisen.

Calculation of Amounts. For the purpose of calculating any person’s 's share of any amount payable to or by it, the Common Security Agent shall be entitled to: (a) notionally convert the Liabilities Secured Obligations owed to any person into a common base currency (decided in its discretion by the Common Security Agent), that notional conversion to be made at the spot rate at which the Common Security Agent is able to purchase the notional base currency with the actual currency of the Liabilities Secured Obligations owed to that person at the time at which that calculation is to be made; and (b) assume that all amounts received or recovered as a result of the enforcement or realisation of the Security Assets Property are applied in discharge of the Secured Obligations in accordance with the terms of the Secured Debt Finance Documents under which those Secured Obligations have arisen.

Calculation of Amounts. For the purpose of calculating any person’s 's share of any amount sum payable to or by it, the Common Security Agent shall be entitled to: (a) notionally convert the Secured Liabilities owed to any person into a common base currency (decided in its discretion by the Common Security Agent), that notional conversion to be made at the spot rate at which the Common Security Agent is able to purchase the notional base currency with the actual currency of the Secured Liabilities owed to that person at the time at which that calculation is to be made; and (b) assume that all amounts moneys received or recovered as a result of the enforcement or realisation of the Security Assets Property are applied in discharge of the Secured Obligations Liabilities in accordance with the terms of the Secured Debt Finance Documents under which those Secured Obligations Liabilities have arisen.

Calculation of Amounts. For the purpose of calculating any person’s share of any amount sum payable to or by it, the Common Security Agent Trustee shall be entitled to: (a) notionally convert the Liabilities owed to any person into a common base currency (decided in its discretion by the Common Security AgentTrustee), that notional conversion to be made at the spot rate at which the Common Security Agent Trustee is able to purchase the notional base currency with the actual currency of the Liabilities owed to that person at the time at which that calculation is to be made; and (b) assume that all amounts moneys received or recovered as a result of the enforcement or realisation of the Security Assets Property are applied in discharge of the Secured Obligations Liabilities in accordance with the terms of the Secured Debt Finance Documents under which those Secured Obligations Liabilities have arisen.

Calculation of Amounts. For the purpose of calculating any person’s share of any amount payable to or by it, the Common Security Agent shall be entitled to: (a) notionally convert the Liabilities Secured Obligations owed to any person into a common base currency (decided in its discretion by the Common Security Agent), that notional conversion to be made at the spot rate at which the Common Security Agent is able to purchase the notional base currency with the actual currency of the Liabilities Secured Obligations owed to that person at the time at which that calculation is to be made; and (b) assume that all amounts received or recovered as a result of the enforcement or realisation of the Security Assets Property are applied in discharge of the Secured Obligations in accordance with the terms of the Secured Debt Finance Documents under which those Secured Obligations have arisen.

Calculation of Amounts. For the purpose of calculating any person’s share of any amount sum payable to or by it, the Common Security Agent shall be entitled to: (a) notionally convert the Liabilities owed to any person into a common base currency (decided in its discretion by the Common Security Agent), that notional conversion to be made at the spot rate at which Security Agent’s Spot Rate of Exchange in respect of the Common Security Agent is able to purchase the notional base currency with conversion of the actual currency of the Liabilities owed to that person at the time at which that calculation is to be mademade into the notional base currency; and (b) assume that all amounts moneys received or recovered as a result of the enforcement or realisation of the Security Assets Property are applied in discharge of the Secured Obligations Liabilities in accordance with the terms of the Secured Debt Documents under which those Secured Obligations Liabilities have arisen.