Common use of Conditions relating to Optional Currencies Clause in Contracts

Conditions relating to Optional Currencies. (a) A currency will constitute an Optional Currency in relation to a Loan if: (i) it is readily available in the amount required and freely convertible into the Base Currency in the European interbank market on the Quotation Day and the Utilisation Date for that Loan; and (ii) it is U.S. Dollars or any other currency approved by the Agent (acting on the instruction of all of the Lenders) on or prior to receipt by the Agent of the relevant Utilisation Request for that Loan. (b) If the Agent has received a written request from the Borrower for a currency to be approved under paragraph (a)(ii) above, the Agent will confirm to the Borrower by the Specified Time whether or not the Lenders have granted their approval.

Conditions relating to Optional Currencies. (a) A currency will constitute an Optional Currency in relation to a Loan if: (i) it is readily available in the amount and for the period required and freely convertible into the Base Currency in the European interbank market Relevant Interbank Market on the Quotation Day and the Utilisation Date for that Loan; and (ii) it is U.S. Dollars Euro or any other currency Sterling or has been approved by the Agent (acting on the instruction instructions of all of the Lenders) on or prior to receipt by the Agent of the relevant Utilisation Request for that Loan. (b) If the Agent has received a written request from the Borrower Company for a currency to be approved under paragraph (a)(ii) aboveclause 4.3(a)(ii), the Agent will confirm to the Borrower Company by the Specified Time Time: (i) whether or not the Lenders have granted their approval; and (ii) if approval has been granted, the minimum amount for any subsequent Loan in that currency.

Conditions relating to Optional Currencies. (aA) A currency will constitute an Optional Currency in relation to a Loan if: (i1) it is readily available in the amount required and freely convertible into the Base Currency in the European interbank wholesale market for that currency at the Specified Time and on the Quotation Day and the Utilisation Date for that Loan; and; (ii2) it is U.S. Dollars USD or any other currency EUR or has been approved by the Agent (acting on the instruction instructions of all of the Lenders) on or prior to receipt by the Agent of the relevant Utilisation Request for that Loan; and (3) there are Reference Rate Terms for that currency. (bB) If the Agent has received a written request from the Borrower Company for a currency to be approved under paragraph (a)(iiA)(2) above, the Agent will confirm to the Borrower Company by the Specified Time Time: (1) whether or not the Lenders have granted their approval; and (2) if approval has been granted, the minimum amount for any subsequent Loan in that currency.

Conditions relating to Optional Currencies. (a) A currency will constitute an Optional Currency in relation to a Loan if: (i) it is readily available in the amount required and freely convertible into the Base Currency in the European interbank market on the Quotation Day and the Utilisation Date for that Loan; and (ii) it is Canadian Dollars, Sterling, Swiss Francs, U.S. Dollars or Yen or any other currency approved by the Agent (acting on the instruction of all of the Lenders) on or prior to receipt by the Agent of the relevant Utilisation Request for that Loan. (b) If the Agent has received a written request from the Borrower for a currency to be approved under paragraph (a)(ii) above, the Agent will confirm to the Borrower by the Specified Time whether or not the Lenders have granted their approval.