Equalization after Equalization Date. If at any time on or after the Equalization Date, the Revolving/Canadian Facility Exposure owing to any Lender is greater than an amount equal to such Lender’s Equalization Percentage of the Aggregate Revolving/Canadian Facility Exposure, then on such date any of the Revolving/Canadian Facility Exposure not denominated in Dollars shall be converted to Dollars and each of the other Lenders shall purchase from such Lender for cash at par an amount of the Obligations of such Lender as shall be necessary such that the Revolving/Canadian Facility Exposure owing to such Lender is equal to the amount of its Equalization Percentage of the Aggregate Revolving/Canadian Facility Exposure.
Appears in 4 contracts
Samples: Credit Agreement (American Greetings Corp), Credit Agreement (American Greetings Corp), Credit Agreement (American Greetings Corp)
