Common use of Currency Conversion and Indemnity Clause in Contracts

Currency Conversion and Indemnity. If, in connection with any action or proceeding brought in connection with this Agreement or any of the Credit Documents or any judgment or order obtained as a result thereof, it becomes necessary to convert any amount due hereunder in one Currency (the “first Currency”) into another Currency (the “second Currency”), then the conversion shall be made at the Conversion Rate on the first Banking Day prior to the day on which payment is received. If the conversion is not able to be made in the manner contemplated by the preceding paragraph in the jurisdiction in which the action or proceeding is brought, then the conversion shall be made at the Conversion Rate on the day on which the judgment is given. If the Conversion Rate on the date of payment is different from the Conversion Rate on such first Banking Day or on the date of judgment, as the case may be, the Borrower shall pay such additional amount (if any) in the second Currency as may be necessary to ensure that the amount paid on such payment date is the aggregate amount in the second Currency which, when converted at the Conversion Rate on the date of payment, is the amount due in the first Currency, together with all costs, charges and expenses of conversion. Any additional amount owing by the Borrower to the Lender pursuant to the provisions of this section shall be due as a separate debt and shall give rise to a separate cause of action and shall not be affected by or merged into any judgment obtained for any other amounts due under or in respect of this Agreement or any of the other Credit Documents.

Currency Conversion and Indemnity. All payments made hereunder shall be made in the currency in respect of which the obligations requiring such payment arose. If, in connection with any action or proceeding brought in connection with this Agreement or any of the Credit Loan Documents or any judgment or order obtained as a result thereof, it becomes necessary to convert any amount due hereunder in one Currency currency (the “"first Currency”currency") into another Currency currency (the “"second Currency”currency"), then the conversion shall be made at the Conversion Exchange Rate on the first Banking Business Day prior to the day on which payment is received. If the conversion is not able to be made in the manner contemplated by the preceding paragraph in the jurisdiction in which the action or proceeding is brought, then the conversion shall be made at the Conversion Exchange Rate on the day on which the judgment is given. If the Conversion Exchange Rate on the date of payment is different from the Conversion Exchange Rate on such first Banking Business Day or on the date of judgment, as the case may be, the Borrower shall pay such additional amount (if any) in the second Currency currency as may be necessary to ensure that the amount paid on such payment date is the aggregate amount in the second Currency currency which, when converted at the Conversion Exchange Rate on the date of payment, is the amount due in the first Currencycurrency, together with all costs, charges and expenses of conversion. Any additional amount owing by the Borrower to the Lender Banks pursuant to the provisions of this section Section 8.15 shall be due as a separate debt and shall give rise to a separate cause of action and shall not be affected by or merged into any judgment obtained for any other amounts due under or in respect of this Agreement or any of the other Credit Documents.separate

Currency Conversion and Indemnity. If, in connection with any claim or proof made or filed against the Guarantor, any action or proceeding brought in connection with this Agreement or any of the Credit Documents or any judgment or order obtained as a result thereof, it becomes necessary to convert any amount due hereunder in one Currency currency (the “"first Currency”") into another Currency currency (the “"second Currency”"), then the conversion shall be made at the Conversion Rate on the first Banking Business Day prior to the day on which payment is received. If the conversion in connection with any action is not able to be made in the manner contemplated by the preceding paragraph in the jurisdiction in which the action or proceeding is brought, then the conversion shall be made at the Conversion Rate on the day on which the judgment is given. If the Conversion Rate on the date of payment is different from the Conversion Rate on such first Banking Business Day or on the date of judgmentjudgment or such other date upon which a court may order the conversion made, as the case may be, the Borrower Guarantor shall pay such additional amount (if any) in the second Currency as may be necessary to ensure that the amount paid on such payment date is the aggregate amount in the second Currency which, when converted at the Conversion Rate on the date of payment, is the amount due in the first Currency, together with all costs, charges costs and expenses of conversion. Any additional amount owing by the Borrower Guarantor to the Lender Trustee or the Holders pursuant to the provisions of this section shall be due as a separate debt and shall give rise to a separate cause of action and shall not be affected by or merged into any judgment obtained for any other amounts due under or in respect of this Agreement or any of the other Credit DocumentsAgreement.

Currency Conversion and Indemnity. If, in connection with any claim or proof made or filed against the Guarantor, any action or proceeding brought in connection with this Agreement or any of the Credit Documents or any judgment or order obtained as a result thereof, it becomes necessary to convert any amount due hereunder in one Currency currency (the “"first Currency”") into another Currency currency (the “"second Currency”"), then the conversion shall be made at the Conversion Rate on the first Banking Business Day prior to the day on which payment is received. If the conversion in connection with any action is not able to be made in the manner contemplated by the preceding paragraph in the jurisdiction in which the action or proceeding is brought, then the conversion shall be made at the Conversion Rate on the day on which the judgment is given. If the Conversion Rate on the date of payment is different from the Conversion Rate on such first Banking Business Day or on the date of judgmentjudgment or such other date upon which a court may order the conversion made, as the case may be, the Borrower Guarantor shall pay such additional amount (if any) in the second Currency as may be necessary to ensure that the amount paid on such payment date is the aggregate amount in the second Currency which, when converted at the Conversion Rate on the date of payment, is the amount due in the first Currency, together with all costs, charges costs and expenses of conversion. Any additional amount owing by the Borrower Guarantor to the Lender Agent or the Lenders pursuant to the provisions of this section shall be due as a separate debt and shall give rise to a separate cause of action and shall not be affected by or merged into any judgment obtained for any other amounts due under or in respect of this Agreement or any of the other Credit DocumentsAgreement.

Currency Conversion and Indemnity. If, in connection with any action or proceeding brought in connection with this Agreement or any of the Credit Loan Documents or any judgment or order obtained as a result thereof, it becomes necessary to convert any amount due hereunder in one Currency (the “"first Currency”") into another Currency (the “"second Currency”"), then the conversion shall be made at the Conversion Rate on the first Banking Day prior to the day on which payment is received. If the conversion is not able to be made in the manner contemplated by the preceding paragraph sentence in the jurisdiction in which the action or proceeding is brought, then the conversion shall be made at the Conversion Rate on the day on which the judgment is given. If the Conversion Rate on the date of payment is different from the Conversion Rate on such first Banking Day or on the date of judgment, as the case may be, the Borrower Borrowers shall pay such additional or lesser amount (if any) in the second Currency as may be necessary to ensure that the amount paid on such payment date is the aggregate amount in the second Currency which, when converted at the Conversion Rate on the date of payment, is the amount due in the first Currency, together with all costs, charges and expenses of conversion. Any additional amount owing by the Borrower Borrowers to the Lender Lenders pursuant to the provisions of this section Section shall be due as a separate debt and shall give rise to a separate cause of action and shall not be affected by or merged into any judgment obtained for any other amounts due under or in respect of this Agreement or any of the other Credit Loan Documents.

Currency Conversion and Indemnity. (a) If, in connection with any action or proceeding brought in connection with this Agreement or any of the Credit Loan Documents or any judgment or order obtained as a result thereof, it becomes necessary to convert any amount due hereunder in one Currency currency (the “first "First Currency”") into another Currency currency (the “second "Second Currency”"), then the conversion shall be made at the Conversion Rate on the first Banking Business Day prior to the day on which payment is received. . (b) If the conversion is not able to be made in the manner contemplated by the preceding paragraph in the jurisdiction in which the action or proceeding is brought, then the conversion shall be made at the Conversion Rate on the day on which the judgment is given. . (c) If the Conversion Rate on the date of payment is different from the Conversion Rate on such first Banking Business Day or on the date of judgment, as the case may be, the Borrower Loan Parties shall pay such additional amount (if any) in the second Second Currency as may be necessary to ensure that the amount paid on such payment date is the aggregate amount in the second Second Currency whichthat, when converted at the Conversion Rate on the date of payment, is the amount due in the first First Currency, together with all costs, charges and expenses of conversion. Any additional amount owing by the Borrower Loan Parties to the Lender pursuant to the provisions of this section shall be due as a separate debt and shall give rise to a separate cause of action and shall not be affected by or merged into any judgment obtained for any other amounts due under or in respect of this Agreement or any of the other Credit Loan Documents."