Debt Denominated in Foreign Currency. For the purposes of covenant compliance, the Dollar-equivalent principal amount of any Debt denominated in a foreign currency shall be calculated based on the relevant currency exchange rate in effect on the date such Debt was incurred.
Appears in 5 contracts
Samples: Day Credit Agreement (Honeywell International Inc), Day Credit Agreement (Honeywell International Inc), Five Year Credit Agreement (Honeywell International Inc)
