Common use of Dollar Equivalent Calculations Clause in Contracts

Dollar Equivalent Calculations. For purposes of this Agreement, the Dollar Equivalent of each Loan that is an Approved Currency Revolving Loan and the Dollar Equivalent of the stated amount of each Letter of Credit that is an Approved Currency Letter of Credit shall be calculated on the date when any such Loan is made, such Letter of Credit is issued, on the first Business Day of each month and at such other times as designated by the applicable Administrative Agent. Such Dollar Equivalent shall remain in effect until the same is recalculated by such Administrative Agent as provided above and notice of such recalculation is received by the Borrowers, it being understood that until such notice of such recalculation is received, the Dollar Equivalent shall be that Dollar Equivalent as last reported to the Borrowers by such Administrative Agent. Such Administrative Agent shall promptly notify the Borrowers and the Lenders of each such determination of the Dollar Equivalent.

Dollar Equivalent Calculations. For purposes of this Agreement, the Dollar Equivalent of each Loan that is an Approved Alternate Currency Revolving Loan and the Dollar Equivalent of the stated amount of each Letter of Credit that is an Approved Alternate Currency Letter of Credit shall be calculated on the date when any such Loan is made, such Letter of Credit is issued, on the first Business Day of each month and at such other times as designated by the applicable Administrative Agent. Such Dollar Equivalent shall remain in effect until the same is recalculated by such the Administrative Agent as provided above and notice of such recalculation is received by the BorrowersBorrower, it being understood that until such notice of such recalculation is received, the Dollar Equivalent shall be that Dollar Equivalent as last reported to Borrower by the Borrowers by such Administrative Agent. Such The Administrative Agent shall promptly notify the Borrowers Borrower and the Lenders of each such determination of the Dollar Equivalent.

Dollar Equivalent Calculations. For purposes of this Agreement, the Dollar Equivalent of each Loan that is an Approved Alternate Currency Revolving Loan and the Dollar Equivalent of the stated amount of each Letter of Credit that is an Approved Alternate Currency Letter of Credit shall be calculated on the date when any such Loan is made, such Letter of Credit is issued, on the first Business Day of each month and at such other times as designated by the applicable Administrative Agent. Such Dollar Equivalent shall remain in effect until the same is recalculated by such the Administrative Agent as provided above and notice of such recalculation is received by the BorrowersBorrower, it being understood that until such notice of such recalculation is received, the Dollar Equivalent shall be that Dollar Equivalent as last reported to Borrower by the Borrowers by such Administrative Agent. Such The Administrative Agent shall promptly notify the Borrowers Borrower and the Lenders of each such determination of the Dollar Equivalent.

Dollar Equivalent Calculations. For purposes of this Agreement, the Dollar Equivalent of each Loan that is an Approved Alternate Currency Revolving Loan and the Dollar Equivalent of the stated amount of each Letter of Credit that is an Approved Alternate Currency Letter of Credit shall be calculated on the date when any such Loan is made, such Letter of Credit is issued, on the first Business Day of each month semi-annual period and at such other times as designated by the applicable Revolving Credit Administrative Agent. Such Dollar Equivalent shall remain in effect until the same is recalculated by such the Revolving Credit Administrative Agent as provided above and notice of such recalculation is received by the Borrowers, it being understood that until such notice of such recalculation is received, the Dollar Equivalent shall be that Dollar Equivalent as last reported to the Borrowers by such the Revolving Credit Administrative Agent. Such The Revolving Credit Administrative Agent shall promptly notify the Borrowers and the Lenders of each such determination of the Dollar Equivalent.