Common use of Conversion of Agreed Currency into Judgment Currency Clause in Contracts

Conversion of Agreed Currency into Judgment Currency. If, for the purpose of obtaining or enforcing judgment in any court in any jurisdiction, it becomes necessary to convert into a particular currency (the "JUDGMENT CURRENCY") any amount due in the Agreed Currency then the conversion shall be made on the basis of the rate of exchange prevailing on the next Business Day following the date such judgment is given and in any event Borrower shall be obligated to pay the Agents and the Lenders any deficiency in accordance with SECTION 2.20(c). For the foregoing purposes "rate of exchange" means the rate at which the relevant Lender or Agent, as applicable, in accordance with its normal banking procedures is able on the relevant date to purchase the Agreed Currency with the Judgment Currency after deducting any premium and costs of exchange.

Conversion of Agreed Currency into Judgment Currency. If, for the purpose of obtaining or enforcing judgment in any court in any jurisdiction, it becomes necessary to convert into a particular currency (the "JUDGMENT CURRENCY") any amount due in the Agreed Currency then the conversion shall be made on the basis of the rate of exchange prevailing on the next Business Day following the date such judgment is given and in any event Borrower the Company shall be obligated to pay the Agents Trustee and the Lenders Holders any deficiency in accordance with SECTION 2.20(c)subsection (c) below. For the foregoing purposes "rate of exchange" means the rate at which the relevant Lender Holder or Agentthe Trustee, as applicable, in accordance with its normal banking procedures is able on the relevant date to purchase the Agreed Judgment Currency with the Judgment Agreed Currency after deducting any premium and costs of exchange.

Conversion of Agreed Currency into Judgment Currency. If, for the purpose of obtaining or enforcing judgment in any court in any jurisdiction, it becomes necessary to convert into a particular currency (the "JUDGMENT CURRENCYJudgment Currency") any amount due in the Agreed Currency then the conversion shall be made on the basis of the rate of exchange prevailing on the next Business Day following next preceding the date such day on which judgment is given and in any event the Borrower shall be obligated to pay the Agents Agent and the Lenders Banks any deficiency in accordance with SECTION 2.20(cSection 13.20(a). For the foregoing purposes "rate of exchange" means the rate at which the relevant Lender Bank or the Agent, as applicable, in accordance with its normal banking procedures is able on the relevant date to purchase 101 the Agreed Currency with the Judgment Currency after deducting any premium and costs of exchange.