Common use of Currency Equivalents Clause in Contracts

Currency Equivalents. For purposes of determining in any currency any amount outstanding in another currency, the Currency Equivalent of such second currency on the date of determination shall be used. If any reference to any Loan or other amount herein would include amounts in Dollars and in one or more Alternative Currencies or to an amount in Dollars that in fact is in one or more Alternative Currencies, such reference (whether or not it expressly so provides) shall be deemed to refer, to the extent it includes an amount in any Alternative Currency, to the Currency Equivalent in Dollars of such amount at the time of determination.

Appears in 7 contracts

Samples: Day Credit Agreement (Textron Inc), Credit Agreement (Textron Inc), Credit Agreement (Textron Inc)

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Currency Equivalents. For purposes of determining in any currency any amount outstanding in another currency, the Currency Equivalent Amount of such second currency on the date of any such determination shall be used. If any reference to any Loan or other amount herein would include amounts in Dollars Euros and in one or more Alternative Currencies other currencies or to an amount in Dollars Euros that in fact is in one or more Alternative Currenciesother currencies, such reference (whether or not it expressly so provides) shall be deemed to refer, to the extent it includes an amount in any Alternative Currencysuch other currency, to the Currency Equivalent Amount in Dollars Euros of such amount at the time of determination.

Appears in 4 contracts

Samples: Credit Agreement (Agco Corp /De), Credit Agreement (Agco Corp /De), Credit Agreement (Agco Corp /De)

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