Currency Calculation Sample Clauses

Currency Calculation. Except as otherwise expressly set forth herein, for purposes of determining compliance with any euro-denominated restriction herein, the euro-equivalent amount for purposes hereof that is denominated in a non-euro currency shall be calculated based on the relevant currency exchange rate in effect on the date such non-euro amount is incurred or made, as the case may be.
AutoNDA by SimpleDocs
Currency Calculation. Except as otherwise expressly set forth herein, for purposes of determining compliance with any U.S. dollar-denominated restriction herein, the U.S. dollar-equivalent amount for purposes hereof that is denominated in a non-U.S. dollar currency shall be calculated based on the relevant currency exchange rate in effect on the date such non-U.S. dollar amount is incurred or made, as the case may be.
Currency Calculation. Except as otherwise provided herein, the Issuer shall be responsible for making all calculations called for under this Indenture, the Notes and the Guarantees. The Issuer or its agents shall make all such calculations in good faith and, absent manifest error, its calculations will be final and binding on the holders. The Issuer upon request shall provide a schedule of its calculations to the Trustee, and the Trustee shall be entitled to rely conclusively upon the accuracy of the Issuer’s calculations without independent verification. The Trustee shall deliver a copy of such schedule to any holder upon the request of such holder.
Currency Calculation. Except as otherwise specifically set forth herein, for purposes of determining compliance with any sterling-denominated restriction herein, the sterling-equivalent amount for purposes hereof that is denominated in a non-sterling currency shall be calculated based on the relevant currency exchange rate in effect on the date such non-sterling amount is incurred or made, as the case may be.
Currency Calculation. In all cases where calculations or amounts are made or stated in U.S. Dollars, conversion from local currency to U.S. Dollars shall be made as set forth in Section 3.2(f). The parties have caused this AGREEMENT to be executed by their respective duly authorized representatives as of the date set forth in the preamble above. ABBOTT INTERNATIONAL LLC MEDIMMUNE, INC. By: By: Name: Xxxxxx Xxxxxxxx Name: Xxxxx X. Xxxx Title: Senior Vice President, Title: President and Chief Executive Officer International Operations JOINDER: The undersigned, Xxxxxx Laboratories, an Illinois corporation, hereby joins in the execution of this Amended and Restated Distribution Agreement for the purpose of obligating itself to the obligations and undertakings of Xxxxxx International LLC, as set forth in the AGREEMENT. By: Name: Xxxxxx Xxxxxxxx Title: Senior Vice President, International Operations
Currency Calculation. In all cases where calculations or amounts are made or stated in U.S. Dollars, conversion from local currency to U.S. Dollars shall be made as set forth in Section 3.3(B)(ii).

Related to Currency Calculation

  • Inability to Determine Rates If the Required Lenders determine that for any reason in connection with any request for a Eurodollar Rate Loan or a conversion to or continuation thereof that (a) Dollar deposits are not being offered to banks in the London interbank eurodollar market for the applicable amount and Interest Period of such Eurodollar Rate Loan, (b) adequate and reasonable means do not exist for determining the Eurodollar Rate for any requested Interest Period with respect to a proposed Eurodollar Rate Loan or in connection with an existing or proposed Base Rate Loan, or (c) the Eurodollar Rate for any requested Interest Period with respect to a proposed Eurodollar Rate Loan does not adequately and fairly reflect the cost to such Lenders of funding such Loan, the Administrative Agent will promptly so notify the Borrower and each Lender. Thereafter, (x) the obligation of the Lenders to make or maintain Eurodollar Rate Loans shall be suspended, and (y) in the event of a determination described in the preceding sentence with respect to the Eurodollar Rate component of the Base Rate, the utilization of the Eurodollar Rate component in determining the Base Rate shall be suspended, in each case until the Administrative Agent (upon the instruction of the Required Lenders) revokes such notice. Upon receipt of such notice, the Borrower may revoke any pending request for a Borrowing of, conversion to or continuation of Eurodollar Rate Loans or, failing that, will be deemed to have converted such request into a request for a Borrowing of Base Rate Loans in the amount specified therein.

  • Calculation Agent The Calculation Agent is Party A.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!