Changes to the Specified Alternative Currency Swing Line Sublimit. The Company may from time to time increase or decrease the Specified Alternative Currency Swing Line Sublimit by giving written notice to the Administrative Agent and each Swing Line Lender specifying (i) the revised Specified Alternative Currency Swing Line Sublimit, which shall be at least $1,000,000 or a whole multiple of $1,000,000 in excess thereof, and (ii) the effective date of such change, which shall be a Business Day at least two (2) Business Days after the delivery of such notice, provided, however, (i) the sum of the Specified Alternative Currency Swing Line Sublimit plus the Specified Domestic Swing Line Sublimit shall not exceed $100,000,000, (ii) the Specified Alternative Currency Swing Line Sublimit shall at no time be greater than the Aggregate Alternative Currency Commitments, and (iii) the Specified Alternative Currency Swing Line Sublimit shall at no time be less than the aggregate outstanding principal amount of all Alternative Currency Swing Line Loans, Canadian Dollar Swing Line Loans and Euro/Sterling Swing Line Loans.
Appears in 3 contracts
Samples: Credit Agreement (Host Hotels & Resorts, Inc.), Credit Agreement (Host Hotels & Resorts L.P.), Credit Agreement (Host Hotels & Resorts L.P.)
Changes to the Specified Alternative Currency Swing Line Sublimit. The Company may from time to time increase or decrease the Specified Alternative Currency Swing Line Sublimit by giving written notice to the Administrative Agent and each Swing Line Lender specifying (i) the revised Specified Alternative Currency Swing Line Sublimit, which shall be at least $1,000,000 or a whole multiple of $1,000,000 in excess thereof, and (ii) the effective date of such change, which shall be a Business Day at least two (2) Business Days after the delivery of such notice, provided, however, (i) the sum of the Specified Alternative Currency Swing Line Sublimit plus the Specified Domestic Swing Line Sublimit shall not exceed $100,000,000, (ii) the Specified Alternative Currency Swing Line Sublimit shall at no time be greater than the Aggregate Alternative Currency Commitments, and (iii) the Specified Alternative Currency Swing Line Sublimit shall at no time be less than the aggregate outstanding principal amount of all Alternative Currency Swing Line Loans, Loans and Canadian Dollar Swing Line Loans and Euro/Sterling Swing Line Loans.
Appears in 2 contracts
Samples: Credit Agreement (Host Hotels & Resorts, Inc.), Credit Agreement (Host Hotels & Resorts, Inc.)
