Common use of Determination of Amount Outstanding Clause in Contracts

Determination of Amount Outstanding. On each Quarterly Date and promptly upon the receipt by the Managing Administrative Agent of a Currency Valuation Notice (as defined below), the Managing Administrative Agent shall determine the aggregate Revolving Credit Exposure. For the purpose of this determination, the outstanding principal amount of any Revolving Credit Loan that is denominated in Euros shall be deemed to be the Dollar Equivalent of the amount in Euros of such Revolving Credit Loan, determined as of such Quarterly Date or, in the case of a Currency Valuation Notice received by the Managing Administrative Agent prior to 11:00 a.m., New York City time, on a Business Day, on such Business Day or, in the case of a Currency Valuation Notice otherwise received, on the first Business Day after such Currency Valuation Notice is received. Upon making such determination, the Managing Administrative Agent shall promptly notify the Lenders and the Company thereof.

Determination of Amount Outstanding. On each Quarterly ----------------------------------- Date and promptly upon the receipt by the Managing Administrative Agent of a Currency Valuation Notice (as defined below), the Managing Administrative Agent shall determine the aggregate outstanding principal amount of the Revolving Credit ExposureAdvances. For the purpose of this determination, the outstanding principal amount of any Revolving Credit Loan Advance that is denominated in Credit Agreement ---------------- Euros shall be deemed to be the Dollar Equivalent of the amount in Euros of such Revolving Credit LoanAdvance, determined as of such Quarterly Date date or, in the case of a Currency Valuation Notice received by the Managing Administrative Agent prior to 11:00 a.m., a.m. (New York City time, ) on a Business Day, on such Business Day or, in the case of a Currency Valuation Notice otherwise received, on the first Business Day after such Currency Valuation Notice is received. Upon making such determination, the Managing Administrative Agent shall promptly notify the Lenders and the Company thereof.