Common use of Conditions relating to Optional Currencies Clause in Contracts

Conditions relating to Optional Currencies. (a) A Loan may be denominated in an Optional Currency for a Term if: (i) that Optional Currency is readily available in the amount required and freely convertible into US Dollars in the relevant interbank market on the Rate Fixing Day and the first day of that Term; and (ii) that Optional Currency is Sterling or Euros or has been previously approved by the Facility Agent (acting on the instructions of all the Lenders). (b) If the Facility Agent has received a request from the Parent for a currency to be approved as an Optional Currency, the Facility Agent must, within five Business Days, confirm to the Parent: (i) whether or not the Lenders have given their approval; and (ii) if approval has been given, the minimum amount (and, if required, integral multiples) for any Loan in that currency.

Conditions relating to Optional Currencies. (a) A Loan may be denominated in an Optional Currency for a Term if: (i) that Optional Currency is readily available in the amount required and freely convertible into US Dollars euros in the relevant interbank market on the Rate Fixing Day and the first day of that its initial Term; and (ii) that Optional Currency is dollars or Sterling or Euros or has been previously approved by the Facility Agent (acting on the instructions of all the Lenders). (b) If the Facility Agent has received a request from the Parent Company for a currency to be approved as an Optional Currency, the Facility Agent must, within five Business Days, confirm to the ParentCompany: (i) whether or not the Lenders have given their approval; and (ii) if approval has been given, the minimum amount (and, if required, integral multiples) for any Loan in that currency.

Conditions relating to Optional Currencies. (a) A Loan may be denominated in an Optional Currency for a Term if: (i) that Optional Currency is readily available in the amount required and freely convertible into US Dollars dollars in the relevant interbank market on the Rate Fixing Day and the first day of that Term; and (ii) that Optional Currency is Sterling or Euros euro or has been previously approved by the Facility Agent (acting on the instructions of all the Lenders). (b) If the Facility Agent has received a request from the Parent Company for a currency to be approved as an Optional Currency, the Facility Agent must, within five Business Days, confirm to the ParentCompany: (i) whether or not the Lenders have given their approval; and (ii) if approval has been given, the minimum amount (and, if required, integral multiples) for any Loan in that currency.

Conditions relating to Optional Currencies. (a) A Loan Credit may be denominated in an Optional Currency for a Term if: (i) that Optional Currency is readily available in the amount required and freely convertible into US Dollars Sterling in the relevant interbank market on the Rate Fixing Day and the first day of that Term; andor (ii) that Optional Currency is Sterling U.S. Dollars or Euros euro or has been previously approved by the Facility Agent (acting on the instructions of all the Lenders). (b) If the Facility Agent has received a request from the Parent a Borrower for a currency to be approved as an Optional Currency, the Facility Agent must, within five three Business Days, confirm to the Parentthat Borrower: (i) whether or not the Lenders have given their approval; and (ii) if approval has been given, the minimum amount (and, if required, integral multiples) for any Loan Credit in that currency.

Conditions relating to Optional Currencies. (a) A Facility A Loan may be denominated in an Optional Currency for a Term if: (i) that Optional Currency is readily available in the amount required and freely convertible into US Dollars in the relevant interbank market on the Rate Fixing Day and the first day of that Term; and (ii) that Optional Currency is Euro or Sterling or Euros or has been previously approved by the Facility Agent (acting on the instructions of all the Lenders). (b) If the Facility Agent has received a request from the Parent for a currency to be approved as an Optional Currency, the Facility Agent must, within five Business Days, confirm to the Parent: (i) Parent whether or not the Lenders have given their approval; and (ii) if approval has been given, the minimum amount (and, if required, integral multiples) for any Loan in that currency.

Conditions relating to Optional Currencies. (a) A Loan may be denominated in an Optional Currency for a Term if: (i) that Optional Currency is readily available in the amount required and freely convertible into US Dollars euro in the relevant interbank market on the Rate Fixing Day and the first day of the Term of that TermLoan; and (ii) that Optional Currency is Sterling sterling, dollars, Swiss francs or Euros Japanese yen or has been previously approved by the Facility Agent (acting on the instructions of all the Lenders). (b) If the Facility Agent has received a request from the Parent Company for a currency to be approved as an Optional Currency, the Facility Agent must, within five Business Days, confirm to the ParentCompany: (i) whether or not the Lenders have given their approval; and (ii) if approval has been given, the minimum amount (and, if required, integral multiples) for any Loan in that currency.

Conditions relating to Optional Currencies. (a) A Loan may be denominated in an Optional Currency for a Term an Interest Period if: (i) that Optional Currency is readily available in the amount required and freely convertible into US Dollars euros in the relevant interbank market on the Rate Fixing Day and the first day of that TermInterest Period; and (ii) that Optional Currency is Sterling Sterling, US Dollar or Euros Yen or has been previously approved by the Facility Agent (acting on the instructions of all the Lenders). (b) If the Facility Agent has received a request from the Parent Company for a currency to be approved as an Optional Currency, the Facility Agent must, within five Business Days, confirm to the ParentCompany: (i) whether or not the Lenders have given their approval; and (ii) if approval has been given, the minimum amount (and, if required, integral multiples) for any Loan in that currency.

Conditions relating to Optional Currencies. (a) A Loan may be denominated in an Optional Currency for a Term if: (i) that Optional Currency is readily available in the amount required and freely convertible into US Dollars euro in the relevant interbank market on the Rate Fixing Day and the first day of that Term; and (ii) that Optional Currency is Sterling U.S. Dollars or Euros Swedish Kronor or has been previously approved by the Facility Agent (acting on the instructions of all the Lenders). (b) If the Facility Agent has received a request from the Parent Company for a currency to be approved as an Optional Currency, the Facility Agent must, within five Business Days, confirm to the ParentCompany: (i) whether or not the Lenders have given their approval; and (ii) if approval has been given, the minimum amount (and, if required, integral multiples) for any Loan in that currency.