Calculation of Dollar Equivalent Amounts Sample Clauses

Calculation of Dollar Equivalent Amounts. Upon each making and upon each payment of a Revolving Credit Loan denominated in an Other Currency, the Agent shall calculate the Dollar Equivalent Amount of such Revolving Credit Loan, as the case may be, and shall provide written confirmation to the Lenders.
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Calculation of Dollar Equivalent Amounts. For the purpose of determining Revolving Credit Exposure generally and for the purpose of determining the Dollar Equivalent Amount, upon each making and upon each payment of a Letter of Credit denominated in an Other Currency, the Agent shall calculate the Dollar Equivalent Amount of such Letter of Credit as of such date, as the case may be, and shall provide written confirmation to the Lenders, the Issuing Bank and the Borrowers.
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Calculation of Dollar Equivalent Amounts. For all purposes of this Agreement, where it becomes necessary to calculate the amount of availability of the Commitments, the Canadian Allocated Commitments or the Sterling Allocated Commitments, or the Total Facility Outstandings or any component thereof, by determining the Dollar amount of any of the foregoing denominated or outstanding in either Canadian Dollars or Sterling, such amount shall be determined by converting any amounts denominated or outstanding in Canadian Dollars or Sterling into Dollars by using the Spot Rate (determined in respect of the most recent Revaluation Date).
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Calculation of Dollar Equivalent Amounts. For all purposes of this Agreement where it is or becomes necessary to calculate the amount of availability of the Commitments, the Domestic Available Amount or the Foreign Available Amount or, in connection therewith, the outstanding amount of the Loans, or the Revolving Credit Exposure, each such calculation shall be made in accordance with the context of how any such term is used, by determining the Dollar amount, the Dollar Equivalent of the applicable Alternative Currencies or the sum of the Dollar amount plus the Dollar Equivalent of the applicable Alternate Currencies, as applicable.
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Calculation of Dollar Equivalent Amounts. Upon each making and upon each payment of a Revolving Credit Loan or a Letter of Credit denominated in an Other Currency, the Agent shall calculate the Dollar Equivalent Amount of such Revolving Credit Loan or Letter of Credit, as the case may be, and shall provide written confirmation to the Banks.
Sample 1
Calculation of Dollar Equivalent Amounts. For all purposes of this Agreement, where it becomes necessary to calculate the amount of availability of the Commitments, the Canadian Allocated Commitments or the Sterling Allocated Commitments, or the Total Facility Outstandings or any component thereof, by determining the Dollar amount of any of the foregoing denominated or outstanding in either Canadian Dollars or Sterling, such amount shall be determined by converting any amounts denominated or outstanding in Canadian Dollars or Sterling into Dollars by using the quoted spot rate at which the Administrative Agent offers to exchange Dollars for such alternate currency in New York City at 10:00 a.m. (New York City time) on the date of determination.
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Calculation of Dollar Equivalent Amounts 
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Related to Calculation of Dollar Equivalent Amounts

  • Dollar Equivalents The Administrative Agent shall determine the Dollar Equivalent of any amount as required hereby, and a determination thereof by the Administrative Agent shall be conclusive absent manifest error. The Administrative Agent may, but shall not be obligated to, rely on any determination made by any Loan Party in any document delivered to the Administrative Agent. The Administrative Agent may determine or redetermine the Dollar Equivalent of any amount on any date either in its own discretion or upon the request of any Lender or Issuer.

  • Determination of Dollar Amounts The Administrative Agent will determine the Dollar Amount of:

  • Determination of Amount Outstanding On each Quarterly Date and, in addition, promptly upon the receipt by the Administrative Agent of a Currency Valuation Notice (as defined below), the Administrative Agent shall determine the aggregate Revolving Multicurrency Credit Exposure. For the purpose of this determination, the outstanding principal amount of any Loan that is denominated in any Foreign Currency shall be deemed to be the Dollar Equivalent of the amount in the Foreign Currency of such Loan, determined as of such Quarterly Date or, in the case of a Currency Valuation Notice received by the Administrative Agent prior to 11:00 a.m., New York City time, on a Business Day, on such Business Day or, in the case of a Currency Valuation Notice otherwise received, on the first Business Day after such Currency Valuation Notice is received. Upon making such determination, the Administrative Agent shall promptly notify the Multicurrency Lenders and the Borrower thereof.

  • Exchange Rates; Currency Equivalents (a) The Administrative Agent or the L/C Issuer, as applicable, shall determine the Spot Rates as of each Revaluation Date to be used for calculating Dollar Equivalent amounts of Credit Extensions and Outstanding Amounts denominated in Alternative Currencies. Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot Rates employed in converting any amounts between the applicable currencies until the next Revaluation Date to occur. Except for purposes of financial statements delivered by Loan Parties hereunder or calculating financial covenants hereunder or except as otherwise provided herein, the applicable amount of any currency (other than Dollars) for purposes of the Loan Documents shall be such Dollar Equivalent amount as so determined by the Administrative Agent or the L/C Issuer, as applicable.

  • Foreign Currency Calculations (a) For purposes of determining the Dollar Equivalent of any Advance denominated in a Foreign Currency or any related amount, the Administrative Agent shall determine the Exchange Rate as of the applicable Exchange Rate Date with respect to each Foreign Currency in which any requested or outstanding Advance is denominated and shall apply such Exchange Rates to determine such amount (in each case after giving effect to any Advance to be made or repaid on or prior to the applicable date for such calculation).

  • Dollar, Dollars, U.S Dollars and the symbol $ shall mean lawful money of the United States of America. Dollar Equivalent shall mean, with respect to any amount of any currency, the Equivalent Amount of such currency expressed in Dollars.

  • Dollar Amounts All references to “$” contained in this Agreement shall refer to United States Dollars unless otherwise stated.

  • Alternative Currency In the case of a Credit Extension to be denominated in an Alternative Currency, such currency remains an Eligible Currency.

  • Canadian Dollars All references herein to dollar amounts are to lawful money of Canada.

  • Number and Amount of LIBOR Loans; Determination of Rate Each Borrowing of LIBOR Loans when made shall be in a minimum amount of $1,000,000, plus any increment of $500,000 in excess thereof. No more than ten (10) Borrowings of LIBOR Loans may be outstanding at any time, and all LIBOR Loans having the same length and beginning date of their Interest Periods shall be aggregated together and considered one Borrowing for this purpose. Upon determining LIBOR for any Interest Period requested by Borrowers, Agent shall promptly notify Borrowers thereof by telephone or electronically and, if requested by Borrowers, shall confirm any telephonic notice in writing.

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