Common use of Currency Equivalents Clause in Contracts

Currency Equivalents. (a) The Administrative Agent shall determine the Dollar Amount of each Revolving Credit Loan denominated in an Alternative Currency and L/C Obligation in respect of Letters of Credit denominated in an Alternative Currency (i) as of the first day of each Interest Period applicable thereto and (ii) as of the end of each fiscal quarter of the Parent Borrower, and shall promptly notify the Borrowers and the Lenders of each Dollar Amount so determined by it. Each such determination shall be based on the Exchange Rate (x) on the date of the related Borrowing request for purposes of the initial such determination for any Revolving Credit Loan and (y) on the fourth Business Day prior to the date as of which such Dollar Amount is to be determined, for purposes of any subsequent determination. (b) If after giving effect to any such determination of a Dollar Amount, the sum of the aggregate Outstanding Amount of the Revolving Credit Loans denominated in Alternative Currencies and the L/C Obligations denominated in Alternative Currencies under the Multicurrency Tranche exceeds the aggregate amount of Multicurrency Revolving Credit Commitments then in effect by 5.0% or more, the Borrowers shall, within five Business Days of receipt of notice thereof from the Administrative Agent setting forth such calculation in reasonable detail, prepay the applicable outstanding Dollar Amount of the Revolving Credit Loans denominated in Alternative Currencies under the Multicurrency Tranche or take other action as the Administrative Agent, in its discretion, may direct (including Cash Collateralization of the applicable L/C Obligations in amounts from time to time equal to such excess) to the extent necessary to eliminate any such excess.

Currency Equivalents. (a) The Administrative Agent shall determine the Dollar Amount of each Revolving Credit Loan denominated in an Alternative Currency and L/C Obligation in respect of Letters of Credit denominated in an Alternative Currency (i) as of the first day of each Interest Period applicable thereto and (ii) as of the end of each fiscal quarter of the Parent Dutch Borrower, and shall promptly notify the Borrowers and the Lenders of each Dollar Amount so determined by it. Each such determination shall be based on the Exchange Rate (x) on the date of the related Borrowing request for purposes of the initial such determination for any Revolving Credit Loan and (y) on the fourth Business Day prior to the date as of which such Dollar Amount is to be determined, for purposes of any subsequent determination. (b) If after giving effect to any such determination of a Dollar Amount, the sum of the aggregate Outstanding Amount of the Revolving Credit Loans denominated in Alternative Currencies and the L/C Obligations denominated in Alternative Currencies under the Multicurrency Tranche exceeds the aggregate amount of Multicurrency Revolving Credit Commitments then in effect by 5.0% or more, the Borrowers shall, within five Business Days of receipt of notice thereof from the Administrative Agent setting forth such calculation in reasonable detail, prepay the applicable outstanding Dollar Amount of the Revolving Credit Loans denominated in Alternative Currencies under the Multicurrency Tranche or take other action as the Administrative Agent, in its discretion, may direct (including Cash Collateralization of the applicable L/C Obligations in amounts from time to time equal to such excess) to the extent necessary to eliminate any such excess.

Currency Equivalents. (a) The Administrative Agent shall determine the Dollar Amount of each Revolving Credit Loan denominated in an Alternative Currency and L/C Obligation in respect of Letters of Credit denominated in an Alternative Currency (i) for Revolving Credit Loans, as of the first day of each Interest Period applicable thereto and (ii) as of the end of each fiscal quarter of the Parent Lux Borrower, and shall promptly notify the Borrowers and the Lenders of each Dollar Amount so determined by it. Each such determination shall be based on the Exchange Rate (x) on the date of the related Borrowing request for purposes of the initial such determination for any Revolving Credit Loan and (y) on the fourth Business Day prior to the date as of which such Dollar Amount is to be determined, for purposes of any subsequent determination. (b) If after giving effect to any such determination of a Dollar Amount, the sum of the aggregate Outstanding Amount of the Revolving Credit Loans denominated in Alternative Currencies and the L/C Obligations denominated in Alternative Currencies under the Multicurrency Tranche exceeds the aggregate amount of Multicurrency Revolving Credit Commitments then in effect by 5.0% or more, the Borrowers shall, within five Business Days of receipt of notice thereof from the Administrative Agent setting forth such calculation in reasonable detail, prepay the applicable outstanding Dollar Amount of the Revolving Credit Loans denominated in Alternative Currencies under the Multicurrency Tranche or take other action as the Administrative Agent, in its discretion, may direct (including Cash Collateralization of the applicable L/C Obligations in amounts from time to time equal to such excess) to the extent necessary to eliminate any such excess.

Currency Equivalents. (a) The Administrative Agent shall determine the Dollar Amount of each Revolving Credit Loan denominated in an Alternative Currency and L/C Obligation in respect of Letters of Credit denominated in an Alternative Currency (i) for Revolving Credit Loans, as of the first day of each Interest Period applicable thereto and (ii) as of the end of each fiscal quarter of the Parent Lux Borrower, and shall promptly notify the Borrowers and the Lenders of each Dollar Amount so determined by it. Each such determination shall be based on the Exchange Rate (x) on the date of the related Borrowing request for purposes of the initial such determination for any Revolving Credit Loan and (y) on the fourth Business Day prior to the date as of which such Dollar Amount is to be determined, for purposes of any subsequent determination. (b) If after giving effect to any such determination of a Dollar Amount, the sum of the aggregate Outstanding Amount of the Revolving Credit Loans denominated in Alternative Currencies and the L/C Obligations denominated in Alternative Currencies under the Multicurrency Tranche exceeds the aggregate amount of Multicurrency Revolving Credit Commitments then in effect by 5.0% or more, the Borrowers shall, within five Business Days of receipt of notice thereof from the Administrative Agent setting forth such calculation in reasonable detail, prepay the applicable outstanding Dollar Amount of the Revolving Credit Loans denominated in Alternative Currencies under the Multicurrency Tranche or take other action as the Administrative Agent, in its discretion, may direct (including Cash Collateralization of the applicable L/C Obligations in amounts from time to time equal to such excess) to the extent necessary to eliminate any such excess. (c) The Administrative Agent shall determine the Dollar Amount of the 2020 Incremental Euro Term Loans based on the Exchange Rate on the date of the initial allocation of the 2020 Incremental Euro Term Loans by the Incremental Arranger (which Exchange Rate, for the avoidance of doubt, shall be $1.1115 per €1.0000).

Currency Equivalents. (a) The Administrative Agent shall determine the Dollar Amount of each Revolving Credit Loan denominated in an Alternative Currency and the applicable L/C Issuer shall determine the Dollar Amount of the L/C Obligation in respect of Letters each Letter of Credit denominated in an Alternative Currency (i) as of the first day of each Interest Period applicable thereto and (ii) as of the end first day of each fiscal quarter of the Parent Borrower, and shall promptly notify the Borrowers Administrative Agent (in the case of a determination by a L/C Issuer) who shall promptly notify the Borrower and the Lenders of each Dollar Amount so determined by it. Each such determination shall be based on the Exchange Spot Rate (x) on the date of the related Borrowing request Request for Credit Extension for purposes of the initial such determination for any Revolving Credit Loan or Letter of Credit and (y) on the fourth Business Day prior to the date as of which such Dollar Amount is to be determined, for purposes of any subsequent determination. (b) If after giving effect to any such determination of a Dollar Amount, the sum of the aggregate Outstanding Amount of the Revolving Credit Loans denominated in Alternative Currencies and the L/C Obligations denominated in Alternative Currencies under the Multicurrency Tranche exceeds the aggregate amount of Multicurrency Revolving Credit Commitments then in effect by 5.05% or more, the Borrowers Borrower shall, within five (5) Business Days of receipt of notice thereof from the Administrative Agent setting forth such calculation in reasonable detail, prepay the applicable outstanding Dollar Amount of the Revolving Credit Loans denominated in Alternative Currencies under the Multicurrency Tranche or take other action as the Administrative Agent, in its discretion, may direct (including Cash Collateralization of the applicable L/C Obligations in amounts from time to time equal to such excess) to the extent necessary to eliminate any such excess.

Currency Equivalents. (a) The Administrative Agent shall determine the Dollar Amount Equivalent of each Revolving Credit Loan denominated in an Alternative Currency and L/C Currency, each LC Obligation in respect of Letters of Credit denominated in an Alternative Currency and each Ancillary Commitment denominated in an Alternative Currency (i) as of the first day of each Interest Period applicable thereto to a Revolving Loan or on the date of such initial extension in respect of an LC Obligation and (ii) as of the end of each fiscal quarter of the Parent Lead Borrower, and shall promptly notify the Borrowers Lead Borrower and the Lenders of each Dollar Amount Equivalent so determined by it. Each such determination shall be based on the Exchange Rate (x) on the date of the related Borrowing request Request for the purposes of the initial such determination for any Revolving Loan or Letter of Credit Loan and (y) on the fourth Business Day prior to the date as of which such Dollar Amount Equivalent is to be determined, for purposes of any subsequent determinationdetermination in respect of a Revolving Loan or Letter of Credit and (z) in respect of any Ancillary Commitment, on the fourth Business Day prior to the relevant Ancillary Commencement Date or, if later, the date on which the Administrative Agent received the notice of such Ancillary Commitment pursuant to Section 2.26(a)(ii). (b) If after giving effect to any such determination of a Dollar AmountEquivalent, the Total Revolving Credit Outstandings exceed the sum of the aggregate Outstanding Amount of the Revolving Credit Loans denominated in Alternative Currencies and the L/C Obligations denominated in Alternative Currencies under the Multicurrency Tranche exceeds (i) the aggregate amount of Multicurrency Revolving Credit Commitments then in effect plus (ii) the aggregate amount of Ancillary Commitments then in effect by 5.0% or more, the Borrowers shall, within five Business Days Borrower shall prepay on such date of receipt of notice thereof from the Administrative Agent setting forth such calculation in reasonable detail, prepay determination the applicable outstanding Dollar Amount Equivalent of the Revolving Credit Loans denominated in Alternative Currencies under the Multicurrency Tranche or take other action as the Administrative Agent, in its discretion, may direct (including Cash Collateralization of the applicable L/C LC Obligations and/or Ancillary Outstandings (without duplication of any requirements under the applicable Ancillary Facility) in amounts from time to time equal to such excess) to the extent necessary to eliminate any such excess.

Currency Equivalents. (a) The Administrative Agent shall determine the Dollar Amount of each Alternative Currency Revolving Credit Loan denominated in an and Alternative Currency and L/C Obligation in respect of Letters of Credit denominated in an Alternative Currency (other than Dollars) (i) as of the first day of each Interest Period applicable thereto and (ii) as of the end of each fiscal quarter of the Parent Borrower, and shall promptly notify the Borrowers Borrower and the Lenders of each Dollar Amount so determined by it. Each such determination shall be based on the Exchange Rate (x) on the date of the related Borrowing request Committed Loan Notice for purposes of the initial such determination for any Alternative Currency Revolving Credit Loan and (y) on the fourth Business Day prior to the date as of which such Dollar Amount is to be determined, for purposes of any subsequent determination. (b) If after giving effect to any such determination of a Dollar Amount, the sum of the aggregate Outstanding Amount of the Alternative Currency Revolving Credit Loans denominated in Alternative Currencies and the Alternative Currency L/C Obligations denominated in Alternative Currencies under the Multicurrency Tranche exceeds the aggregate amount of Multicurrency Alternative Currency Revolving Credit Commitments then in effect by 5.05% or more, the Borrowers Borrower shall, within five (5) Business Days of receipt of notice thereof from the Administrative Agent setting forth such calculation in reasonable detail, prepay the applicable or cause to be prepaid outstanding Dollar Amount of the Alternative Currency Revolving Credit Loans denominated in Alternative Currencies under the Multicurrency Tranche or take other action as the Administrative Agent(including, in its the Borrower’s discretion, may direct (including Cash Collateralization cash collateralization of the applicable Alternative Currency L/C Obligations in amounts from time to time equal to such excess) to the extent necessary to eliminate any such excess.

Currency Equivalents. (a) The Administrative Agent shall determine the Dollar Amount Equivalent of each Revolving Credit Loan denominated in an Alternative Currency and L/C Currency, each LC Obligation in respect of Letters of Credit denominated in an Alternative Currency and each Ancillary Commitment denominated in an Alternative Currency (i) as of the first day of each Interest Period applicable thereto to a Revolving Loan or on the date of such initial extension in respect of an LC Obligation and (ii) as of the end of each fiscal quarter of the Parent Lead Borrower, and shall promptly notify the Borrowers Lead Borrower and the Lenders of each Dollar Amount Equivalent so determined by it. Each such determination shall be based on the Exchange Rate (x) on the date of the related Borrowing request Request for the purposes of the initial such determination for any Revolving Loan or Letter of Credit Loan and (y) on the fourth Business Day prior to the date as of which such Dollar Amount Equivalent is to be determined, for purposes of any subsequent determinationdetermination in respect of a Revolving Loan or Letter of Credit and (z) in respect of any Ancillary Commitment, on the fourth Business Day prior to the relevant Ancillary Commencement Date or, if later, the date on which the Administrative Agent received the notice of such Ancillary Commitment pursuant to Section 2.26(a)(ii). (b) If after giving effect to any such determination of a Dollar AmountEquivalent, the Total Revolving Credit Outstandings exceed the sum of the aggregate Outstanding Amount of the Revolving Credit Loans denominated in Alternative Currencies and the L/C Obligations denominated in Alternative Currencies under the Multicurrency Tranche exceeds (i) the aggregate amount of Multicurrency Revolving Credit Commitments then in effect plus (ii) the aggregate amount of Ancillary Commitments then in effect by 5.0% or more, the Borrowers shall, within five Business Days Borrower shall prepay on such date of receipt of notice thereof from the Administrative Agent setting forth such calculation in reasonable detail, prepay determination the applicable outstanding Dollar Amount Equivalent of the Revolving Credit Loans denominated in Alternative Currencies under the Multicurrency Tranche or take other action as the Administrative Agent, in its discretion, may direct (including Cash Collateralization collateralization of the applicable L/C LC Obligations and/or Ancillary Outstandings (without duplication of any requirements under the applicable Ancillary Facility) in amounts from time to time equal to such excess) to the extent necessary to eliminate any such excess.

Currency Equivalents. (a) The Administrative Agent shall determine the Dollar Amount of each Revolving Credit Euro Loan denominated in an Alternative Currency and L/C Obligation in respect of Letters of Credit denominated in an Alternative Currency Euros (i) in the case of any Term Loan, as of the Closing Date, and (ii) otherwise, (A) as of the first day of each Interest Period applicable thereto and (iiB) as of the end of each fiscal quarter of the Parent relevant Borrower, and shall promptly notify the Borrowers such Borrower and the Lenders of each Dollar Amount so determined by it. Each such determination shall be based on the Exchange Rate (x) on the date of the related Borrowing request Request for purposes of the initial such determination for any Revolving Credit Euro Loan and (y) on the fourth Business Day prior to the date dates as of which such Dollar Amount is to be determined, for purposes of any subsequent determination. (b) If after giving effect to any such determination of a Dollar Amount, the sum of the aggregate Outstanding Amount of the Revolving Credit Loans, the Swing Line Loans denominated in Alternative Currencies and the L/C Obligations denominated in Alternative Currencies under the Multicurrency Tranche exceeds the aggregate amount of Multicurrency Revolving Credit Commitments then in effect by 5.05% or more, the Borrowers relevant Borrower shall, within five (5) Business Days of receipt of notice thereof from the Administrative Agent setting forth such calculation in reasonable detail, prepay the applicable or cause to be prepaid outstanding Dollar Amount of the Revolving Credit Loans denominated in Alternative Currencies under and/or Swing Line Loans (as selected by such Borrower and notified to the Multicurrency Tranche Lenders through the Administrative Agent not less than three (3) Business Days prior to the date of prepayment) or take other action as the Administrative Agent(including, in its such Borrower’s discretion, may direct (including Cash Collateralization cash collateralization of the applicable L/C Obligations in amounts from time to time equal to such excess) to the extent necessary to eliminate any such excess.

Currency Equivalents. (a) The Administrative Agent shall determine the Dollar Amount of each Revolving Credit Loan denominated in an Alternative Currency and L/C Obligation in respect of Letters of Credit denominated in an Alternative Currency (i) as of the first day of each Interest Period applicable thereto and (ii) as of the end of each fiscal quarter of the Parent Borrower, and shall promptly notify the Borrowers Borrower and the Lenders of each Dollar Amount so determined by it. Each such determination shall be based on the Exchange Rate (x) on the date of the related Borrowing request Request for Credit Extension for purposes of the initial such determination for any Revolving Credit Loan or Letter of Credit and (y) on the fourth Business Day prior to the date as of which such Dollar Amount is to be determined, for purposes of any subsequent determinationdetermination (any such date pursuant to clauses (x) or (y), an “Exchange Rate Reset Date”). (b) If after giving effect to any such determination of a Dollar AmountAmount for any outstanding Revolving Credit Loans or Letters of Credit denominated in an Alternative Currency, (i) the sum of the aggregate Outstanding Amount of Total Revolving Credit Outstandings under any Revolving Facility exceeds the Revolving Credit Commitments then in effect under such Revolving Facility by 5.0% or more or (ii) the Dollar Amount for all outstanding Revolving Credit Loans and Letters of Credit denominated in an Alternative Currencies and the L/C Obligations denominated in Alternative Currencies under the Multicurrency Tranche Currency exceeds the aggregate amount of Multicurrency Revolving Credit Commitments Alternative Currency Sublimit then in effect by 5.0% or more, in each case the Borrowers Borrower shall, within five Business Days of receipt of notice thereof from the Administrative Agent setting forth such calculation in reasonable detail, prepay the applicable outstanding Dollar Amount of the Revolving Credit Loans denominated in Alternative Currencies under the Multicurrency Tranche or take other action as the Administrative Agent, in its discretion, may direct (including Cash Collateralization of the applicable L/C Obligations in amounts from time to time equal to such excess) to the extent necessary to eliminate any such excess.

Currency Equivalents. (a) The Administrative Agent shall determine the Dollar Amount of each Revolving Credit Loan denominated in an Alternative Currency and each L/C Obligation in respect of Letters of Credit denominated in an Alternative Currency (i) in the case of any Euro Term Loan, as of the Original Closing Date and (ii) otherwise, (A) as of the first day of each Interest Period applicable thereto and (iiB) as of the end of each fiscal quarter of the Parent Borrower, and shall promptly notify the Borrowers Borrower and the Lenders of each Dollar Amount so determined by it. Each such determination shall be based on the Exchange Rate (x) on the date of the related Borrowing request Request for purposes of the initial such determination for any Revolving Credit Loan denominated in an Alternative Currency and (y) on the fourth Business Day prior to the date as of which such Dollar Amount is to be determined, for purposes of any subsequent determination. (b) If after giving effect to any such determination of a Dollar Amount, the sum of the aggregate Outstanding Amount of the Alternative Currency Revolving Credit Loans denominated in Alternative Currencies and the Alternative Currency Revolving L/C Obligations denominated in Alternative Currencies under the Multicurrency Tranche exceeds the aggregate amount of Multicurrency Alternative Currency Revolving Credit Commitments then in effect by 5.05% or more, the Borrowers Borrower shall, within five (5) Business Days of receipt of notice thereof from the Administrative Agent setting forth such calculation in reasonable detail, prepay the applicable or cause to be prepaid outstanding Dollar Amount of the Alternative Currency Revolving Credit Loans denominated in Alternative Currencies under the Multicurrency Tranche or take other action as the Administrative Agent(including, in its the Borrower’s discretion, may direct (including Cash Collateralization cash collateralization of the applicable Alternative Currency Revolving L/C Obligations in amounts from time to time equal to such excess) to the extent necessary to eliminate any such excess.

Currency Equivalents. (a) The Administrative Agent shall determine the Dollar Amount of each Revolving Credit Loan denominated in an Alternative Currency and each L/C Obligation in respect of Letters of Credit denominated in an Alternative Currency (i) in the case of any Euro Term Loan, as of the Original Closing Date and (ii) otherwise, (A) as of the first day of each Interest Period applicable thereto and (iiB) as of the end of each fiscal quarter of the Parent Borrower, and shall promptly notify the Borrowers Borrower and the Lenders of each Dollar Amount so determined by it. Each such determination shall be based on the Exchange Rate (x) on the date of the related Borrowing request Request for purposes of the initial such determination for any Revolving Credit Alternative Currency Loan and (y) on the fourth Business Day prior to the date as of which such Dollar Amount is to be determined, for purposes of any subsequent determination. (b) If after giving effect to any such determination of a Dollar Amount, the sum of the aggregate Outstanding Amount of the Alternative Currency Revolving Credit Loans denominated in Alternative Currencies and the Alternative Currency Revolving L/C Obligations denominated in Alternative Currencies under the Multicurrency Tranche exceeds the aggregate amount of Multicurrency Alternative Currency Revolving Credit Commitments then in effect by 5.05% or more, the Borrowers Borrower shall, within five (5) Business Days of receipt of notice thereof from the Administrative Agent setting forth such calculation in reasonable detail, prepay the applicable or cause to be prepaid outstanding Dollar Amount of the Alternative Currency Revolving Credit Loans denominated in Alternative Currencies under the Multicurrency Tranche or take other action as the Administrative Agent(including, in its the Borrower’s discretion, may direct (including Cash Collateralization cash collateralization of the applicable Alternative Currency Revolving L/C Obligations in amounts from time to time equal to such excess) to the extent necessary to eliminate any such excess.

Currency Equivalents. (a) The Administrative Agent shall determine the Dollar Amount of each Revolving Credit Loan denominated in an Alternative Currency Loan and L/C Obligation in respect of Letters of Credit denominated in an Alternative Currency (other than Dollars) (i) in the case of any Term Loan, as of the Closing Date, and (ii) otherwise, (A) as of the first day of each Interest Period applicable thereto and (iiB) as of the end of each fiscal quarter of the Parent Borrower, and shall promptly notify the Borrowers Borrower and the Lenders of each Dollar Amount so determined by it. Each such determination shall be based on the Exchange Rate (x) on the date of the related Borrowing request Request for purposes of the initial such determination for any Revolving Credit Alternative Currency Loan and (y) on the fourth Business Day prior to the date as of which such Dollar Amount is to be determined, for purposes of any subsequent determination. (b) If after giving effect to any such determination of a Dollar Amount, the sum of the aggregate Outstanding Amount of the Alternative Currency Revolving Credit Loans denominated in Alternative Currencies and the Alternative Currency L/C Obligations denominated in Alternative Currencies under the Multicurrency Tranche exceeds the aggregate amount of Multicurrency Alternative Currency Revolving Credit Commitments then in effect by 5.05% or more, the Borrowers Borrower shall, within five (5) Business Days of receipt of notice thereof from the Administrative Agent setting forth such calculation in reasonable detail, prepay the applicable or cause to be prepaid outstanding Dollar Amount of the Alternative Currency Revolving Credit Loans denominated in Alternative Currencies under the Multicurrency Tranche or take other action as the Administrative Agent(including, in its the Borrower’s discretion, may direct (including Cash Collateralization cash collateralization of the applicable Alternative Currency L/C Obligations in amounts from time to time equal to such excess) to the extent necessary to eliminate any such excess.

Currency Equivalents. (a) The Administrative Agent shall determine the Dollar Amount of each Revolving Credit Loan denominated in an Alternative Currency and each L/C Obligation in respect of Letters of Credit denominated in an Alternative Currency (i) as of the first day of each Interest Period applicable thereto and (iiB) as of the end of each fiscal quarter of the Parent Borrower, and shall promptly notify the Borrowers Borrower and the Lenders of each Dollar Amount so determined by it. Each such determination shall be based on the Exchange Rate (x) on the date of the related Borrowing request Request for purposes of the initial such determination for any Revolving Credit Alternative Currency Loan and (y) on the fourth Business Day prior to the date as of which such Dollar Amount is to be determined, for purposes of any subsequent determination. (b) If after giving effect to any such determination of a Dollar Amount, the sum of the aggregate Outstanding Amount of the Alternative Currency Revolving Credit Loans denominated in Alternative Currencies and the Alternative Currency L/C Obligations denominated in Alternative Currencies under the Multicurrency Tranche exceeds the aggregate amount of Multicurrency Alternative Currency Revolving Credit Commitments then in effect by 5.05% or more, the Borrowers Borrower shall, within five (5) Business Days of receipt of notice thereof from the Administrative Agent setting forth such calculation in reasonable detail, prepay the applicable or cause to be prepaid outstanding Dollar Amount of the Alternative Currency Revolving Credit Loans denominated in Alternative Currencies under the Multicurrency Tranche or take other action as the Administrative Agent(including, in its the Borrower’s discretion, may direct (including Cash Collateralization cash collateralization of the applicable Alternative Currency L/C Obligations in amounts from time to time equal to such excess) to the extent necessary to eliminate any such excess.

Currency Equivalents. (a) The Administrative Agent shall determine the Dollar Amount of each Revolving Credit Loan denominated in an Alternative Currency Loan and L/C Obligation in respect of Letters of Credit denominated in an Alternative Currency (other than Dollars) (i) in the case of any Term Loan, as of the Closing Date, and (ii) otherwise, (A) as of the first day of each Interest Period applicable thereto and (iiB) as of the end of each fiscal quarter of the Parent Borrower, and shall promptly notify the Borrowers Borrower and the Lenders of each Dollar Amount so determined by it. Each such determination shall be based on the Exchange Rate (x) on the date of the related Borrowing request Committed Loan Notice for purposes of the initial such determination for any Revolving Credit Alternative Currency Loan and (y) on the fourth Business Day prior to the date as of which such Dollar Amount is to be determined, for purposes of any subsequent determination. (b) If after giving effect to any such determination of a Dollar Amount, the sum of the aggregate Outstanding Amount of the Alternative Currency Revolving Credit Loans denominated in Alternative Currencies and the Alternative Currency L/C Obligations denominated in Alternative Currencies under the Multicurrency Tranche exceeds the aggregate amount of Multicurrency Alternative Currency Revolving Credit Commitments then in effect by 5.05% or more, the Borrowers Borrower shall, within five (5) Business Days of receipt of notice thereof from the Administrative Agent setting forth such calculation in reasonable detail, prepay the applicable or cause to be prepaid outstanding Dollar Amount of the Alternative Currency Revolving Credit Loans denominated in Alternative Currencies under the Multicurrency Tranche or take other action as the Administrative Agent(including, in its the Borrower’s discretion, may direct (including Cash Collateralization cash collateralization of the applicable Alternative Currency L/C Obligations in amounts from time to time equal to such excess) to the extent necessary to eliminate any such excess.

Currency Equivalents. (a) The Administrative Agent shall determine the Dollar Amount of each Revolving Credit Loan denominated in an Alternative Currency and L/C Obligation in respect of Letters of Credit denominated in an Alternative Currency (i) as of the first day of each Interest Period applicable thereto and (ii) as of the end of each fiscal quarter of the Parent DutchParent Borrower, and shall promptly notify the Borrowers and the Lenders of each Dollar Amount so determined by it. Each such determination shall be based on the Exchange Rate (x) on the date of the related Borrowing request for purposes of the initial such determination for any Revolving Credit Loan and (y) on the fourth Business Day prior to the date as of which such Dollar Amount is to be determined, for purposes of any subsequent determination. (b) If after giving effect to any such determination of a Dollar Amount, the sum of the aggregate Outstanding Amount of the Revolving Credit Loans denominated in Alternative Currencies and the L/C Obligations denominated in Alternative Currencies under the Multicurrency Tranche exceeds the aggregate amount of Multicurrency Revolving Credit Commitments then in effect by 5.0% or more, the Borrowers shall, within five Business Days of receipt of notice thereof from the Administrative Agent setting forth such calculation in reasonable detail, prepay the applicable outstanding Dollar Amount of the Revolving Credit Loans denominated in Alternative Currencies under the Multicurrency Tranche or take other action as the Administrative Agent, in its discretion, may direct (including Cash Collateralization of the applicable L/C Obligations in amounts from time to time equal to such excess) to the extent necessary to eliminate any such excess.

Currency Equivalents. (a) The Administrative Agent shall determine the Dollar Amount of each Revolving Credit Euro Loan, Sterling Loan denominated in an Alternative Currency and L/C Obligation in respect of Letters of Credit denominated in an Alternative Currency Euros xxxxx Xxxxxxxx (i) in the case of any Term Loan, as of the Closing Date, and (ii) otherwise, (A) as of the first day of each Interest Period applicable thereto and (iiB) as of the end of each fiscal quarter of the Parent relevant Borrower, and shall promptly notify the Borrowers suchthe Borrower and the Lenders of each Dollar Amount so determined by it. Each such determination shall be based on the Exchange Rate (x) on the date of the related Borrowing request Request for purposes of the initial such determination for any Revolving Credit Euro Loan or Sterling Loan and (y) on the fourth Business Day prior to the date dates as of which such Dollar Amount is to be determined, for purposes of any subsequent determination. (b) If after giving effect to any such determination of a Dollar Amount, the sum of the aggregate Outstanding Amount of the Revolving Credit Loans, the Swing Line Loans denominated in Alternative Currencies and the L/C Obligations denominated in Alternative Currencies under the Multicurrency Tranche exceeds the aggregate amount of Multicurrency Revolving Credit Commitments then in effect by 5.05% or more, the Borrowers relevant Borrower shall, within five (5) Business Days of receipt of notice thereof from the Administrative Agent setting forth such calculation in reasonable detail, prepay the applicable or cause to be prepaid outstanding Dollar Amount of the Revolving Credit Loans denominated in Alternative Currencies under and/or Swing Line Loans (as selected by suchthe Borrower and notified to the Multicurrency Tranche Lenders through the Administrative Agent not less than three (3) Business Days prior to the date of prepayment) or take other action as the Administrative Agent(including, in its suchthe Borrower’s discretion, may direct (including Cash Collateralization cash collateralization of the applicable L/C Obligations in amounts from time to time equal to such excess) to the extent necessary to eliminate any such excess.

Currency Equivalents. (a) The Administrative Agent shall determine the Dollar Amount of each Revolving Credit Loan denominated in an Alternative Currency and L/C Obligation in respect of Letters of Credit denominated in an Alternative Currency (i) as of the first day of each Interest Period applicable thereto and (ii) as of the end of each fiscal quarter of the Parent Borrower, and shall promptly notify the Borrowers Borrower and the Lenders of each Dollar Amount so determined by it. Each such determination shall be based on the Exchange Rate (x) on the date of the related Borrowing request Request for Credit Extension for purposes of the initial such determination for any Revolving Credit Loan or Letter of Credit and (y) on the fourth Business Day prior to the date as of which such Dollar Amount is to be determined, for purposes of any subsequent determination (any such date pursuant to clauses (x) or (y), an “Exchange Rate Reset Date”). In addition, for purposes of determining the Required Lenders or the Majority Lenders holding outstanding Euro Term Loans (or Commitments in respect thereof) at any time, the Dollar Amount of each outstanding Euro Term Loan (or Commitments in respect thereof) shall be determined by the Administrative Agent based on the Exchange Rate on each such date of determination. (b) If after giving effect to any such determination of a Dollar AmountAmount for any outstanding Revolving Credit Loans or Letters of Credit denominated in an Alternative Currency, the sum of the aggregate Outstanding Amount of the Total Revolving Credit Loans denominated in Alternative Currencies and the L/C Obligations denominated in Alternative Currencies Outstandings under the Multicurrency Tranche any Revolving Facility exceeds the aggregate amount of Multicurrency Total Revolving Credit Commitments then in effect under such Revolving Facility by 5.0% or more, the Borrowers Borrower shall, within five Business Days of receipt of notice thereof from the Administrative Agent setting forth such calculation in reasonable detail, prepay the applicable outstanding Dollar Amount of the Revolving Credit Loans denominated in Alternative Currencies under the Multicurrency Tranche or take other action as the Administrative Agent, in its discretion, may direct (including Cash Collateralization of the applicable L/C Obligations in amounts from time to time equal to such excess) to the extent necessary to eliminate any such excess.