Common use of Determination of an Equivalent Currency Clause in Contracts

Determination of an Equivalent Currency. If, in their discretion, the Tranche B Lenders or the Finnvera Facility B Agent choose or, pursuant to the terms of this Agreement, are obliged to choose the equivalent in Canadian Dollars of any securities or amounts expressed in US Dollars or the equivalent in US Dollars of any securities or amounts expressed in Canadian Dollars, the Finnvera Facility B Agent, in accordance with the conversion rules as stipulated in Section 13.1. 13.2.1. on the date indicated in the Tranche B Notice of Borrowing as the date of a request for a Tranche B Advance; and 13.2.2. at any other time which in the opinion of the Tranche B Lenders is desirable, may, using the spot rate of the Finnvera Facility B Agent on such date, determine the equivalent in Canadian Dollars or in US Dollars, as the case may be, of any security or amount expressed in the other currency pursuant to the terms hereof. Immediately following such determination, the Finnvera Facility B Agent shall inform the Borrower of the conclusion which the Tranche B Lenders have reached.

Determination of an Equivalent Currency. If, in their discretion, the Tranche B Lenders Lenders, the Agent or the Finnvera Facility B Agent choose or, pursuant to the terms of this Agreement, are obliged to choose the equivalent in Canadian Dollars of any securities or amounts expressed in US Dollars or the equivalent in US Dollars of any securities or amounts expressed in Canadian Dollars, the Agent or the Finnvera Facility B Agent, as the case may be, in accordance with the conversion rules as stipulated in Section 13.1.15.1 13.2.1. 15.2.1 on the date indicated in the Tranche B Notice of Borrowing as the date of a request for a Tranche B an Advance; and 13.2.2. 15.2.2 at any other time which in the opinion of the Tranche B Lenders is desirable, ; may, using the spot rate of the Finnvera Facility B Agent FX Rate, at such time on such date, determine the equivalent in Canadian Dollars or in US Dollars, as the case may bebe (the “Equivalent Amount”), of any security or amount expressed in the other currency pursuant to the terms hereof. Immediately following such determination, the Agent or the Finnvera Facility B Agent Agent, as applicable, shall inform the Borrower of the conclusion which the Tranche B Lenders have reached.

Determination of an Equivalent Currency. If, in their discretion, the Tranche B Lenders Lenders, the Agent or the Finnvera Facility B Agent choose or, pursuant to the terms of this Agreement, are obliged to choose the equivalent in Canadian Dollars of any securities or amounts expressed in US Dollars or the equivalent in US Dollars of any securities or amounts expressed in Canadian Dollars, the Agent or the Finnvera Facility B Agent, as the case may be, in accordance with the conversion rules as stipulated in Section 13.1.15.1 13.2.1. 15.2.1 on the date indicated in the Tranche B Notice of Borrowing as the date of a request for a Tranche B an Advance; and 13.2.2. 15.2.2 at any other time which in the opinion of the Tranche B Lenders is desirable, ; may, using the spot rate of the Agent or the Finnvera Facility B Agent Agent, as the case may be, on such date, determine the equivalent in Canadian Dollars or in US Dollars, as the case may be, of any security or amount expressed in the other currency pursuant to the terms hereof. Immediately following such determination, the Finnvera Facility B Agent shall inform the Borrower of the conclusion which the Tranche B Lenders have reached.