Common use of Currency Equivalents Clause in Contracts

Currency Equivalents. (a) The Administrative Agent shall determine the Dollar Amount of each Euro Loan, Sterling Revolving Credit Loan and L/C Obligation in respect of Letters of Credit denominated in Euros or Sterling (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 (B) as of the end of each fiscal quarter of the Borrower, and 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 Rate (x) on the date of the related Borrowing Request for purposes of the initial such determination for any Euro Loan or Sterling Revolving Credit Loan and (y) on the fourth Business Day prior to the dates as of which such Dollar Amount is to be determined, for purposes of any subsequent determination.

Currency Equivalents. (a) The Administrative Agent shall determine the Dollar Amount of each Euro Loan, Sterling Revolving Credit Loan denominated in an Alternative Currency and each L/C Obligation in respect of Letters of Credit denominated in Euros or Sterling an Alternative Currency (i) in the case of any Euro Term Loan, as of the Original Closing Date, Date and (ii) otherwise, (A) as of the first day of each Interest Period applicable thereto and (B) as of the end of each fiscal quarter of the Borrower, and 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 Rate (x) on the date of the related Borrowing Request for purposes of the initial such determination for any Euro Loan or Sterling Revolving Credit Loan denominated in an Alternative Currency and (y) on the fourth Business Day prior to the dates date as of which such Dollar Amount is to be determined, for purposes of any subsequent determination.

Currency Equivalents. (a) The Administrative Agent shall determine the Dollar Amount of each Euro Loan, Sterling Revolving Credit Alternative Currency Loan and L/C Obligation in respect of Letters of Credit denominated in Euros or Sterling 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 (B) as of the end of each fiscal quarter of the Borrower, and 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 Rate (x) on the date of the related Borrowing Request Committed Loan Notice for purposes of the initial such determination for any Euro Loan or Sterling Revolving Credit Alternative Currency Loan and (y) on the fourth Business Day prior to the dates date as of which such Dollar Amount is to be determined, for purposes of any subsequent determination.

Currency Equivalents. (a) The Administrative Agent shall determine the Dollar Amount of each Euro Loan, Sterling Revolving Credit Loan denominated in an Alternative Currency and each L/C Obligation in respect of Letters of Credit denominated in Euros or Sterling an Alternative Currency (i) in the case of any Euro Term Loan, as of the Original Closing Date, Date and (ii) otherwise, (A) as of the first day of each Interest Period applicable thereto and (B) as of the end of each fiscal quarter of the Borrower, and 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 Rate (x) on the date of the related Borrowing Request for purposes of the initial such determination for any Euro Loan or Sterling Revolving Credit Alternative Currency Loan and (y) on the fourth Business Day prior to the dates date as of which such Dollar Amount is to be determined, for purposes of any subsequent determination.

Currency Equivalents. (a) The Administrative Agent shall determine the Dollar Amount of each Euro Loan, Sterling Revolving Credit Alternative Currency Loan and L/C Obligation in respect of Letters of Credit denominated in Euros or Sterling 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 (B) as of the end of each fiscal quarter of the Borrower, and 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 Rate (x) on the date of the related Borrowing Request for purposes of the initial such determination for any Euro Loan or Sterling Revolving Credit Alternative Currency Loan and (y) on the fourth Business Day prior to the dates date as of which such Dollar Amount is to be determined, for purposes of any subsequent determination.

Currency Equivalents. (a) The Administrative Agent shall determine the Dollar Amount of each Euro Loan, Sterling Revolving Credit Loan and L/C Obligation in respect of Letters of Credit denominated in Euros or Sterling (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 (B) as of the end of each fiscal quarter of the Borrower, and 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 Rate (x) on the date of the related Borrowing Request for purposes of the initial such determination for any Euro Loan or Sterling Revolving Credit Loan and (y) on the fourth Business Day prior to the dates as of which such Dollar Amount is to be determined, for purposes of any subsequent determination.

Currency Equivalents. (a) The Administrative Agent shall determine the Dollar Amount of each Euro Loan, Sterling Revolving Credit Loan and L/C Obligation in respect of Letters of Credit denominated in Euros or Sterling 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 (B) as of the end of each fiscal quarter of the relevant Borrower, and shall promptly notify the 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 for purposes of the initial such determination for any Euro Loan or Sterling Revolving Credit Loan and (y) on the fourth Business Day prior to the dates as of which such Dollar Amount is to be determined, for purposes of any subsequent determination.