Currencies Currency Equivalents. At any time, any reference in the definition of the term “Agreed Foreign Currency” or in any other provision of this Agreement to the Currency of any particular nation means the lawful currency of such nation at such time whether or not the name of such Currency is the same as it was on the Amendment Effective Date. Except as provided in Section 2.09(b) and the last sentence of Section 2.17(a), for purposes of determining (i) whether the amount of any Borrowing or Letter of Credit, together with all other Borrowings and Letters of Credit then outstanding or to be borrowed at the same time as such Borrowing, would exceed the aggregate amount of the Revolving Credit Commitments, (ii) the aggregate unutilized amount of the Revolving Credit Commitments and (iii) the outstanding aggregate principal amount of Borrowings and LC Exposure, the outstanding principal amount of any Borrowing or Letter of Credit that is denominated in any Foreign Currency shall be deemed to be the Dollar Equivalent of the amount of the Foreign Currency of such Borrowing or Letter of Credit determined as of the date of such Borrowing (determined in accordance with the last sentence of the definition of the term “Interest Period”) or Letter of Credit. Wherever in this Agreement in connection with a Borrowing, Loan or Letter of Credit an amount, such as a required minimum or multiple amount, is expressed in Dollars, but such Borrowing, Loan or Letter of Credit is denominated in a Foreign Currency, such amount shall be the relevant Foreign Currency Equivalent of such Dollar amount (rounded to the nearest 1,000 units of such Foreign Currency).
Appears in 2 contracts
Samples: Credit Agreement (Carlyle Group L.P.), Credit Agreement (Carlyle Group L.P.)
Currencies Currency Equivalents. (a) At any time, any reference in the definition of the term “Agreed Foreign Currency” or in any other provision of this Agreement to the Currency of any particular nation means the lawful currency of such nation at such time whether or not the name of such Currency is the same as it was on the Amendment Effective Datedate hereof. Except as provided in Section 2.09(b) and the last sentence of Section 2.17(a2.18(a), for purposes of determining (i) whether the amount of any Borrowing or Letter of CreditCredit under the Multicurrency Revolving Credit Sub-Commitments, together with all other Borrowings and Letters of Credit then outstanding or to be borrowed thereunder at the same time as such Borrowing, would exceed the aggregate amount of the Multicurrency Revolving Credit Sub-Commitments, (ii) the aggregate unutilized amount of the Multicurrency Revolving Credit Commitments and Sub-Commitments, (iii) the outstanding aggregate principal amount of Borrowings Multicurrency Revolving Credit Exposure and (iv) the Multicurrency LC Exposure, the outstanding principal or undrawn face amount of any Borrowing or Letter of Credit that is denominated in any Foreign Currency shall be deemed to be the Dollar Equivalent of the amount of the Foreign Currency of such Borrowing or Letter of Credit determined as of the date of such Borrowing (determined in accordance with the last sentence of the definition of the term “Interest Period”) or Letter of Credit. Wherever in this Agreement in connection with a Borrowing, Loan or such Letter of Credit an amountdetermined as of the date of the issuance thereof, such as a required minimum or multiple amount, is expressed in Dollars, but such Borrowing, Loan or Letter of Credit is denominated in a Foreign Currency, such amount shall be the relevant Foreign Currency Equivalent of such Dollar amount (rounded to the nearest 1,000 units of such Foreign Currency)case may be.
Appears in 2 contracts
Samples: Pledge Agreement (Teleflex Inc), Credit Agreement (Teleflex Inc)
Currencies Currency Equivalents. At any time, any reference in the definition of the term “Agreed Foreign Currency” or in any other provision of this Agreement to the Currency of any particular nation means the lawful currency of such nation at such time whether or not the name of such Currency is the same as it was on the Amendment Effective Date. Except as provided in Section 2.09(b) and the last sentence of Section 2.17(a), for purposes of determining (i) whether the amount of any Borrowing or Letter of Credit, together with all other Borrowings and Letters of Credit then outstanding or to be borrowed at the same time as such Borrowing, would exceed the aggregate amount of the Revolving Credit Commitments, (ii) the aggregate unutilized amount of the Revolving Credit Commitments and (iii) the outstanding aggregate principal amount of Borrowings and LC Exposure, the outstanding principal amount of any Borrowing or Letter of Credit that is denominated in any Foreign Currency shall be deemed to be the Dollar Equivalent of the amount of the Foreign Currency of such Borrowing or Letter of Credit determined as of the date of such Borrowing (determined in accordance with the last sentence of the definition of the term “Interest Period”) or Letter of Credit. Wherever in this Agreement in connection with a Borrowing, Loan or Letter of Credit an amount, such as a required minimum or multiple amount, is expressed in Dollars, but such Borrowing, Loan or Letter of Credit is denominated in a Foreign Currency, such amount shall be the relevant Foreign Currency Equivalent of such Dollar amount (rounded to the nearest 1,000 units of such Foreign Currency).
Appears in 2 contracts
Samples: Credit Agreement (Carlyle Group L.P.), Credit Agreement (Carlyle Group L.P.)
Currencies Currency Equivalents. At any time, any reference in the definition of the term “Agreed Foreign Currency” or in any other provision of this Agreement to the Currency currency of any particular nation means shall mean the then lawful currency of such nation at such time whether or not the name of such Currency currency is the same as it was on the Amendment Effective Date. Except as provided in Section 2.09(b) and the last sentence of Section 2.17(a2.09(d), for purposes of determining (ia) whether the amount of any Borrowing or Letter of Credit, together with all other Borrowings and Letters of the total Revolving Credit then outstanding or to be borrowed at the same time as such Borrowing, Exposures would exceed the Foreign Currency Sublimit or the aggregate amount of the Revolving Credit Loan Commitments, (iib) the aggregate unutilized amount of the Revolving Credit Commitments Loan Commitments, and (iiic) the outstanding aggregate principal amount LC Exposure related to Foreign Currency Letters of Borrowings and LC ExposureCredit, the outstanding principal amount of any Borrowing or Letter of Revolving Credit that is denominated in Exposure relating to any Foreign Currency shall be deemed to be the Dollar Equivalent of the amount of the Foreign Currency of such Borrowing or Letter of Credit determined as of the date of such Borrowing (determined in accordance with or the last sentence issuance of the definition of the term “Interest Period”) or such Foreign Currency Letter of Credit, as applicable. Wherever in this Agreement in connection with a Borrowing, Loan or Letter of Credit an amount, such as a required minimum or multiple amount, amount is expressed in Dollarsdollars, but such Borrowingthe Loans, Loan or the Revolving Credit Exposure, the Letter of Credit or LC Exposure is denominated in a Foreign Currency, such the minimum or multiple amount shall will be the relevant Foreign Currency Equivalent of such Dollar dollar amount (rounded to determined as of the nearest 1,000 units later of such Foreign Currency)the most recent Currency Valuation Date, and the date of the applicable Borrowing or issuance of the applicable Letter of Credit as the case may be.
Appears in 2 contracts
Samples: Assignment and Assumption (Hines Global REIT, Inc.), Assignment and Assumption (Hines Global REIT, Inc.)
Currencies Currency Equivalents. At any time, any reference in the definition of the term “Agreed Alternative Currency”, “Foreign Currency” or in any other provision of this Agreement to the Currency of any particular nation means shall mean the then lawful currency of such nation at such time whether or not the name of such Currency is the same as it was on the Amendment Effective Datedate of this Agreement. Except as provided in Section 2.09(b) and the last sentence of Section 2.17(a2.11(b)(iii), for purposes of determining (i) whether the amount of any Borrowing or Letter of CreditBorrowing, together with all other Borrowings and Letters of Credit then outstanding or to be borrowed at the same time as such Borrowingoutstanding, would exceed the aggregate amount of the Revolving Credit Commitments, (ii) the aggregate unutilized amount of the Revolving Credit Commitments and Commitments, (iii) the outstanding aggregate principal amount of Borrowings and (iv) the LC ExposureExposure related to Letters of Credit issued in any Foreign Currency, the outstanding principal amount of any Borrowing or that is denominated in any Foreign Currency and LC Exposure relating to any Letter of Credit that is denominated issued in any Foreign Currency shall be deemed to be the Dollar Equivalent of the amount of the Foreign Currency of such Borrowing or Letter of Credit and such LC Exposure determined as of the date of such Borrowing (determined in accordance with the last sentence of the definition of the term “Interest Period”) or Letter of CreditBorrowing. Wherever in this Agreement in connection with a Borrowing, conversion, continuation or prepayment of any Loan or the issuance, amendment or extension of a Letter of Credit Credit, an amount, such as a required minimum or multiple amount, is expressed in Dollars, but such Borrowing, Loan or Letter of Credit is denominated in a Foreign Currency, such amount shall be the relevant Foreign Currency Equivalent of such Dollar amount (rounded to the nearest 1,000 units unit of such Foreign Currency, with 0.5 of a unit being rounded upward), as determined by the Administrative Agent or the applicable Issuing Bank, as applicable.
Appears in 1 contract
Samples: Credit Agreement (American Realty Capital Global Trust II, Inc.)
Currencies Currency Equivalents. (a) At any time, any reference in the definition of the term “Agreed Foreign Currency” or in any other provision of this Agreement to the Currency of any particular nation means the lawful currency of such nation at such time whether or not the name of such Currency is the same as it was on the Amendment Effective Datedate hereof. Except as provided in Section 2.09(b) and the last sentence of Section 2.17(a2.18(a), for purposes of determining (i) whether the amount of any Borrowing or Letter of Credit, together with all other Borrowings and Letters of Credit then outstanding or to be borrowed thereunder at the same time as such Borrowing, would exceed the aggregate amount of the Revolving Credit total Commitments, (ii) the aggregate unutilized amount of the Revolving Credit Commitments and Commitments, (iii) the outstanding aggregate principal amount of Borrowings Revolving Credit Exposure and (iv) the LC Exposure, the outstanding principal or undrawn face amount of any Borrowing or Letter of Credit that is denominated in any Foreign Currency shall be deemed to be the Dollar Equivalent of the amount of the Foreign Currency of such Borrowing or Letter of Credit determined as of the date of such Borrowing (determined in accordance with the last sentence of the definition of the term “Interest Period”) or Letter of Credit. Wherever in this Agreement in connection with a Borrowing, Loan or such Letter of Credit an amountdetermined as of the date of the issuance thereof, such as a required minimum or multiple amount, is expressed in Dollars, but such Borrowing, Loan or Letter of Credit is denominated in a Foreign Currency, such amount shall be the relevant Foreign Currency Equivalent of such Dollar amount (rounded to the nearest 1,000 units of such Foreign Currency)case may be.
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