Common use of Determination of Equivalent Amounts Clause in Contracts

Determination of Equivalent Amounts. Whenever it is necessary or desirable at any time to determine the Equivalent Amount in Canadian Dollars of an amount expressed any other currency, or vice-versa, the Equivalent Amount shall be determined by reference to the Exchange Rate on the date of such determination.

Appears in 4 contracts

Samples: Credit Agreement (Tilray Brands, Inc.), Credit Agreement (Tilray Brands, Inc.), Credit Agreement (Tilray, Inc.)

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Determination of Equivalent Amounts. Whenever it is necessary or desirable at any time in this Agreement to determine the Equivalent Amount in Canadian Dollars of an amount expressed any other currencyin U.S. Dollars, or vice-versa, the Equivalent Amount shall be determined by reference to the applicable Exchange Rate on the date of such determinationRate.

Appears in 3 contracts

Samples: Credit Agreement (Red White & Bloom Brands Inc.), Credit Agreement, Credit Agreement

Determination of Equivalent Amounts. Whenever it is necessary or desirable at any time to determine the Equivalent Amount in Canadian Dollars of an amount expressed any other currencyin U.S. Dollars, or vice-versaversa (specifically including for greater certainty the determination of whether the Outstanding Advances under any Facility exceed the maximum amount of such Facility), the Equivalent Amount shall be determined by reference to the Exchange Rate on the date of such determination.

Appears in 3 contracts

Samples: Credit Agreement (Tucows Inc /Pa/), Credit Agreement (Tucows Inc /Pa/), Credit Agreement (Merus Labs International Inc.)

Determination of Equivalent Amounts. Whenever it is necessary or desirable at any time in this Agreement to determine the Equivalent Amount equivalent amount in Canadian Dollars of an amount expressed any other currencyin U.S. Dollars, or vice-versa, the Equivalent Amount equivalent amount shall be determined by reference to the applicable Exchange Rate on in effect as at the date of such determination.

Appears in 2 contracts

Samples: Supplemental Agreement (Tucows Inc /Pa/), Loan Agreement (Tucows Inc /Pa/)

Determination of Equivalent Amounts. Whenever it is necessary or desirable at any time to determine the Equivalent Amount in Canadian Dollars of an amount expressed in U.S. Dollars or any other currency, as applicable, or vice-versaversa (specifically including the determination of the Equivalent Amount in Canadian Dollars of any portion of the Advance made in U.S. Dollars), the Equivalent Amount shall be determined by reference to the Exchange Rate on the date of such determination.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Accelerize Inc.)

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Determination of Equivalent Amounts. Whenever it is necessary or desirable at any time to determine the Equivalent Amount in Canadian Dollars of an amount expressed any other currencyin U.S. Dollars, or vice-versaversa (specifically including for greater certainty the determination of whether the Outstanding Advances under Facility 1 exceed the Facility 1 Maximum Amount), the Equivalent Amount shall be determined by reference to the Exchange Rate on the date of such determination.

Appears in 1 contract

Samples: Credit Agreement (Merus Labs International Inc.)

Determination of Equivalent Amounts. Whenever it is necessary or desirable at any time to determine the Equivalent Amount in either U.S. Dollars or Canadian Dollars of an amount expressed in the other currency or in any other currency, or vice-versaversa (specifically including for greater certainty the determination of whether the Outstanding Advances under any Credit Facility exceed the maximum amount of such Credit Facility), the Equivalent Amount shall be determined by reference to the Exchange Rate on the date of such determination.

Appears in 1 contract

Samples: Credit Agreement

Determination of Equivalent Amounts. Whenever it is necessary or desirable at any time to determine the Equivalent Amount in either U.S. Dollars or Canadian Dollars of an amount expressed in the other currency or in any other currency, or vice-versaversa (specifically including for greater certainty the determination of whether the Outstanding Advances under any Credit Facility exceed the maximum amount of such Credit Facility), the Equivalent Amount shall be determined by reference to the Exchange Rate on the date of such determination.

Appears in 1 contract

Samples: Credit Agreement

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