Determination of Dollar Equivalent. For the purposes of applying the amount limitations set forth in Subparagraph 2.05(a) and calculating the Unused Total Commitment and the available amount under the Letter of Credit subfacility and for all other purposes herein, the Dollar Equivalent of each Loan and Letter of Credit in an Alternative Currency shall be determined by Agent on the date of such Loan or Letter of Credit, on the last day of each month and, if an Event of Default has occurred and is continuing, at any other time determined by Agent, and the Dollar Equivalent of such Loan and Letter of Credit at any time shall be the Dollar Equivalent most recently so determined by Agent. Each such determination by Agent shall, in the absence of manifest error, be conclusive and binding on the parties hereto.
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Samples: Credit Agreement (Flextronics International LTD), Credit Agreement (Flextronics International LTD)
Determination of Dollar Equivalent. For the purposes of applying the amount limitations set forth in Subparagraph 2.05(a2.05
(a) and calculating the Unused Total Commitment and the available amount under the Letter of Credit subfacility and for all other purposes herein, the Dollar Equivalent of each Loan and Letter of Credit in an Alternative Currency shall be determined by Agent on the date of such Loan or Letter of Credit, on the last day of each month and, if an Event of Default has occurred and is continuing, at any other time determined by Agent, and the Dollar Equivalent of such Loan and Letter of Credit at any time shall be the Dollar Equivalent most recently so determined by Agent. Each such determination by Agent shall, in the absence of manifest error, be conclusive and binding on the parties hereto.
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Determination of Dollar Equivalent. For the purposes of applying the amount limitations set forth in Subparagraph 2.05(a2.05
(a) and calculating the Unused Total Commitment and the available amount under the Facility A Commitment, Letter of Credit subfacility and the Unused Total Facility B Commitment and for all other purposes herein, the Dollar Equivalent of each Loan and Letter of Credit in an Alternative Currency shall be determined by Agent on the date of such Loan or Letter of Credit, on the last day of each month and, if an Event of Default has occurred and is continuing, at any other time determined by Agent, and the Dollar Equivalent of such Loan and Letter of Credit at any time shall be the Dollar Equivalent most recently so determined by Agent. Each such determination by Agent shall, in the absence of manifest error, be conclusive and binding on the parties hereto.
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