Common use of Eurocurrency Advances Clause in Contracts

Eurocurrency Advances. If such Committed Advance is a Eurocurrency Advance, a rate per annum equal at all times during the Interest Period for such Committed Advance to the sum of the Eurocurrency Rate for such Interest Period plus the Applicable Eurocurrency Margin, payable on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day which occurs during such Interest Period every three months from the first day of such Interest Period; PROVIDED that any amount of principal which is not paid when due (whether at stated maturity, by acceleration or otherwise) shall bear interest, from the date on which such amount is due until such amount is paid in full, payable on demand, at a rate per annum equal at all times to 2% per annum above (x) if the originally scheduled Interest Period shall then be in effect, the sum of the Eurocurrency Rate plus the Applicable Eurocurrency Margin then in effect with respect to such A Advance, and (y) in all other cases, the Base Rate in effect from time to time. "APPLICABLE EUROCURRENCY MARGIN" means, in respect of any Eurocurrency Advance (unless such Eurocurrency Advance is a Local Currency Advance and the applicable Local Currency Addendum specifies a different Applicable Margin or Margins), a rate per annum determined as of the first day of the Interest Period for such Eurocurrency Advance in reference to the table set forth below on the basis of the Credit Ratings at such time. Applicable Eurocurrency Margin Credit Rating (Rate per Annum) ------------- ------------------- A or better (S&P) OR A2 or better (Xxxxx'x) 0.155% Below A (S&P) and A2 (Xxxxx'x) but A- (S&P) OR A3 (Xxxxx'x) 0.165% Below A- (S&P) and A3 (Xxxxx'x) but BBB+ (S&P) OR Baa1 (Xxxxx'x) 0.210% Below BBB+ (S&P) and Baa1 (Xxxxx'x) but BBB (S&P) OR Baa2 (Xxxxx'x) 0.265% Below BBB (S&P) and Baa2 (Xxxxx'x) but BBB- (S&P) AND Baa3 (Xxxxx'x) 0.350% Below BBB- (S&P) OR Baa3 (Xxxxx'x) 0.500% If, on the first day of the Interest Period for any Eurocurrency Advance, the Company shall not have Credit Ratings from both S&P and Xxxxx'x, the Credit Ratings of the Company, for purposes of this SECTION 2.07(b), shall be deemed to be below BBB- (S&P) and below Baa3 (Xxxxx'x) during such period. In addition, and notwithstanding the foregoing chart, if the Credit Rating of the Company from S&P is more than one level higher or lower than the equivalent Credit Rating of the Company from Xxxxx'x at such time, then the Applicable Eurocurrency Margin shall be determined as if the Credit Rating of the Company from each of S&P and Xxxxx'x were one level higher than the lower of the two Credit Ratings.

Eurocurrency Advances. If such Committed Advance is a Eurocurrency Advance, a rate per annum equal at all times during the Interest Period for such Committed Advance to the sum of the Eurocurrency Rate for such Interest Period plus the Applicable Eurocurrency Margin, payable on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day which occurs during such Interest Period every three months from the first day of such Interest Period; PROVIDED provided that any amount of principal which is not paid when due (whether at stated maturity, by acceleration or otherwise) shall bear interest, from the date on which such amount is due until such amount is paid in full, payable on demand, at a rate per annum equal at all times to 2% per annum above (x) if the originally scheduled Interest Period shall then be in effect, the sum of the Eurocurrency Rate plus the Applicable Eurocurrency Margin then in effect with respect to such A Advance, and (y) in all other cases, the Base Rate in effect from time to time. "APPLICABLE EUROCURRENCY MARGIN" “Applicable Eurocurrency Margin” means, in respect of any Eurocurrency Advance (unless such Eurocurrency Advance is a Local Currency Advance and the applicable Local Currency Addendum specifies a different Applicable Margin or Margins), a rate per annum determined as of the first day of the Interest Period for such Eurocurrency Advance in reference to the table rates under the column “Applicable Eurocurrency Margin” set forth below on the basis of the Credit Ratings at such time; provided, however, that for any period during any such Interest Period when the outstanding Revolving Credit Obligations exceed 50% of the Total Commitment, the “Applicable Eurocurrency Margin” shall be a rate per annum determined as of the first day of such Interest Period in reference to the rates under the column “Applicable Eurocurrency Margin: >50% Usage” set forth below on the basis of the Credit Ratings at such time. Applicable Eurocurrency Margin Credit Rating (Rate per Annum) ------------- ------------------- A A+ or better (S&P) OR A2 or A1 or better (Xxxxx'xXxxxx’x) 0.1550.100 % 0.175 % Below A+ (S&P) and A1 (Xxxxx’x) but A (S&P) or A2 (Xxxxx’x) 0.140 % 0.215 % Below A (S&P) and A2 (Xxxxx'xA2(Xxxxx’x) but A- (S&P) OR or A3 (Xxxxx'xXxxxx’x) 0.1650.180 % 0.255 % Below A- (S&P) and A3 (Xxxxx'xXxxxx’x) but BBB+ (S&P) OR or Baa1 (Xxxxx'xXxxxx’x) 0.2100.295 % 0.370 % Below BBB+ (S&P) and Baa1 (Xxxxx'xXxxxx’x) but BBB (S&P) OR Baa2 (Xxxxx'x) 0.2650.375 % Below BBB (S&P) and Baa2 (Xxxxx'x) but BBB- (S&P) AND Baa3 (Xxxxx'x) 0.350% Below BBB- (S&P) OR Baa3 (Xxxxx'x) 0.5000.500 % If, on the first day of the Interest Period for any Eurocurrency Advance, the Company shall not have Credit Ratings from both S&P and Xxxxx'xXxxxx’x, the Credit Ratings of the Company, for purposes of this SECTION Section 2.07(b), shall be deemed to be below BBB- BBB+ (S&P) and below Baa3 Baa1 (Xxxxx'xXxxxx’x) during such period. In addition, and notwithstanding the foregoing chart, if the Credit Rating of the Company from S&P is more than one level higher or lower than the equivalent Credit Rating of the Company from Xxxxx'x Xxxxx’x at such time, then the Applicable Eurocurrency Margin shall be determined as if the Credit Rating of the Company from each of S&P and Xxxxx'x Xxxxx’x were one level higher than the lower of the two Credit Ratings.

Eurocurrency Advances. If such Committed A Advance is a Eurocurrency Advance, a rate per annum equal at all times during the Interest Period for such Committed A Advance to the sum of the Eurocurrency Rate for such Interest Period plus the Applicable Eurocurrency Margin, payable on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day which occurs during such Interest Period every three months from the first day of such Interest Period; PROVIDED provided that any amount of principal which is not paid when due (whether at stated maturity, by acceleration or otherwise) shall bear interest, from the date on which such amount is due until such amount is paid in full, payable on demand, at a rate per annum equal at all times to 2% per annum above (x) if the originally scheduled Interest Period shall then be in effect, the sum of the Eurocurrency Rate plus the Applicable Eurocurrency Margin then in effect with respect to such A Advance, and (y) in all other cases, the Base Rate plus the Applicable Base Rate Margin in effect from time to time. "APPLICABLE EUROCURRENCY MARGIN" “Applicable Eurocurrency Margin” means, in respect of any Eurocurrency Advance (unless such Eurocurrency Advance is a Local Currency Advance and the applicable Local Currency Addendum specifies a different Applicable Margin or Margins)Advance, a rate per annum determined as of the first day of the Interest Period for such Eurocurrency Advance in reference to the table rates under the column “Applicable Eurocurrency Margin” set forth below on the basis of the Credit Ratings at such time. Applicable Eurocurrency Margin Credit Rating (Rate per Annum) ------------- ------------------- > A+ / A1 / A+ 69.0 bps 0 bps A or better (S&P) OR / A2 or better (Xxxxx'x) 0.155% Below / A (S&P) and A2 (Xxxxx'x) but 79.5 bps 0 bps A- (S&P) OR / A3 (Xxxxx'x) 0.165% Below A- (S&P) and A3 (Xxxxx'x) but / X- 00.0 xxx 0 xxx XXX+ / Xxx0 / BBB+ (S&P) OR Baa1 (Xxxxx'x) 0.210% Below BBB+ (S&P) and Baa1 (Xxxxx'x) but 100.0 bps 0 bps BBB (S&P) OR / Baa2 (Xxxxx'x) 0.265% Below / BBB (S&P) and Baa2 (Xxxxx'x) but 110.0 bps 10.0 bps < BBB- (S&P) AND / Baa3 (Xxxxx'x) 0.350% Below / BBB- (S&P) OR Baa3 (Xxxxx'x) 0.500% If, on the first day of the Interest Period for any Eurocurrency Advance, the Company shall not have Credit Ratings from both S&P and Xxxxx'x, the Credit Ratings of the Company, for purposes of this SECTION 2.07(b), shall be deemed to be below BBB- (S&P) and below Baa3 (Xxxxx'x) during such period. In addition, and notwithstanding the foregoing chart, if the Credit Rating of the Company from S&P is more than one level higher or lower than the equivalent Credit Rating of the Company from Xxxxx'x at such time, then the Applicable Eurocurrency Margin shall be determined as if the Credit Rating of the Company from each of S&P and Xxxxx'x were one level higher than the lower of the two Credit Ratings.130.0 bps 30.0 bps

Eurocurrency Advances. If such Committed Advance is a Eurocurrency Advance, a rate per annum equal at all times during the Interest Period for such Committed Advance to the sum of the Eurocurrency Rate for such Interest Period plus the Applicable Eurocurrency Margin, payable on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day which occurs during such Interest Period every three months from the first day of such Interest Period; PROVIDED provided that any amount of principal which is not paid when due (whether at stated maturity, by acceleration or otherwise) shall bear interest, from the date on which such amount is due until such amount is paid in full, payable on demand, at a rate per annum equal at all times to 2% per annum above (x) if the originally scheduled Interest Period shall then be in effect, the sum of the Eurocurrency Rate plus the Applicable Eurocurrency Margin then in effect with respect to such A Advance, and (y) in all other cases, the Base Rate in effect from time to time. "APPLICABLE EUROCURRENCY MARGIN" “Applicable Eurocurrency Margin” means, in respect of any Eurocurrency Advance (unless such Eurocurrency Advance is a Local Currency Advance and the applicable Local Currency Addendum specifies a different Applicable Margin or Margins), a rate per annum determined as of the first day of the Interest Period for such Eurocurrency Advance in reference to the table rates under the column “Applicable Eurocurrency Margin” set forth below on the basis of the Credit Ratings at such time; provided, however, that for any period during any such Interest Period when the outstanding Revolving Credit Obligations exceed 50% of the Total Commitment, the “Applicable Eurocurrency Margin” shall be a rate per annum determined as of the first day of such Interest Period in reference to the rates under the column “Applicable Eurocurrency Margin: >50% Usage” set forth below on the basis of the Credit Ratings at such time. Applicable Eurocurrency Margin Credit Rating (Rate per Annum) ------------- ------------------- A A+ or better (S&P) OR A2 or A1 or better (Xxxxx'xXxxxx’x) 0.1550.09 % 0.215 % Below A+ (S&P) and A1 (Xxxxx’x) but A (S&P) or A2 (Xxxxx’x) 0.130 % 0.255 % Below A (S&P) and A2 (Xxxxx'xA2(Xxxxx’x) but A- (S&P) OR or A3 (Xxxxx'xXxxxx’x) 0.1650.170 % 0.295 % Below A- (S&P) and A3 (Xxxxx'xXxxxx’x) but BBB+ BB+ (S&P) OR or Baa1 (Xxxxx'xXxxxx’x) 0.2100.285 % 0.410 % Below BBB+ (S&P) and Baa1 (Xxxxx'xXxxxx’x) but BBB (S&P) OR Baa2 (Xxxxx'x) 0.2650.375 % Below BBB (S&P) and Baa2 (Xxxxx'x) but BBB- (S&P) AND Baa3 (Xxxxx'x) 0.350% Below BBB- (S&P) OR Baa3 (Xxxxx'x) 0.5000.50 % If, on the first day of the Interest Period for any Eurocurrency Advance, the Company shall not have Credit Ratings from both S&P and Xxxxx'xXxxxx’x, the Credit Ratings of the Company, for purposes of this SECTION Section 2.07(b), shall be deemed to be below BBB- BBB+ (S&P) and below Baa3 Baa1 (Xxxxx'xXxxxx’x) during such period. In addition, and notwithstanding the foregoing chart, if the Credit Rating of the Company from S&P is more than one level higher or lower than the equivalent Credit Rating of the Company from Xxxxx'x Xxxxx’x at such time, then the Applicable Eurocurrency Margin shall be determined as if the Credit Rating of the Company from each of S&P and Xxxxx'x Xxxxx’x were one level higher than the lower of the two Credit Ratings.

Eurocurrency Advances. If such Committed A Advance is a Eurocurrency Advance, a rate per annum equal at all times during the Interest Period for such Committed A Advance to the sum of the Eurocurrency Rate for such Interest Period plus the Applicable Eurocurrency MarginMargin plus (in the case of any Eurocurrency Rate Advance of any Bank which is lent from a Leading Office in the United Kingdom as a Participating Member State) the Mandatory Cost, payable on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day which occurs during such Interest Period every three months from the first day of such Interest Period; PROVIDED provided that any amount of principal which is not paid when due (whether at stated maturity, by acceleration or otherwise) shall bear interest, from the date on which such amount is due until such amount is paid in full, payable on demand, at a rate per annum equal at all times to 2% per annum above (x) if the originally scheduled Interest Period shall then be in effect, the sum of the Eurocurrency Rate plus any Mandatory Costs plus the Applicable Eurocurrency Margin then in effect with respect to such A Advance, and (y) in all other cases, the Base Rate plus the Applicable Base Rate Margin in effect from time to time. "APPLICABLE EUROCURRENCY MARGIN" “Applicable Eurocurrency Margin” means, in respect of any Eurocurrency Advance (unless such Eurocurrency Advance is a Local Currency Advance and the applicable Local Currency Addendum specifies a different Applicable Margin or Margins)Advance, a rate per annum determined as of the first day of the Interest Period for such Eurocurrency Advance in reference to the table rates under the column “Applicable Eurocurrency Margin” set forth below on the basis of the Credit Ratings at such time. Applicable Eurocurrency Margin Credit Rating (Rate per Annum) ------------- ------------------- > A+ / A1 / A+ 67.0 bps 0 bps A or better (S&P) OR / A2 or better (Xxxxx'x) 0.155% Below A (S&P) and A2 (Xxxxx'x) but / A1 77.5 bps 0 bps A- (S&P) OR / A3 (Xxxxx'x) 0.165% Below / A- (S&P) and A3 (Xxxxx'x) but 87.5 bps 0 bps BBB+ (S&P) OR / Baa1 (Xxxxx'x) 0.210% Below / BBB+ (S&P) and Baa1 (Xxxxx'x) but 97.5 bps 0 bps BBB (S&P) OR / Baa2 (Xxxxx'x) 0.265% Below / BBB (S&P) and Baa2 (Xxxxx'x) but 105.0 bps 5.0 bps < BBB- (S&P) AND / Baa3 (Xxxxx'x) 0.350% Below / BBB- (S&P) OR Baa3 (Xxxxx'x) 0.500% If, on the first day of the Interest Period for any Eurocurrency Advance, the Company shall not have Credit Ratings from both S&P and Xxxxx'x, the Credit Ratings of the Company, for purposes of this SECTION 2.07(b), shall be deemed to be below BBB- (S&P) and below Baa3 (Xxxxx'x) during such period. In addition, and notwithstanding the foregoing chart, if the Credit Rating of the Company from S&P is more than one level higher or lower than the equivalent Credit Rating of the Company from Xxxxx'x at such time, then the Applicable Eurocurrency Margin shall be determined as if the Credit Rating of the Company from each of S&P and Xxxxx'x were one level higher than the lower of the two Credit Ratings.125.0 bps 25.0 bps

Eurocurrency Advances. If such Committed Revolving Advance is a Eurocurrency Advance, a rate per annum equal at all times during the Interest Period for such Committed Revolving Advance to the sum of the Eurocurrency Rate for such Interest Period plus the Applicable Eurocurrency Margin, payable on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day which occurs during such Interest Period every three months from the first day of such Interest Period; PROVIDED provided that any amount of principal which is not paid when due (whether at stated maturity, by acceleration or otherwise) shall bear interest, from the date on which such amount is due until such amount is paid in full, payable on demand, at a rate per annum equal at all times to 2% per annum above (x) if the originally scheduled Interest Period shall then be in effect, the sum of the Eurocurrency Rate plus the Applicable Eurocurrency Margin then in effect with respect to such A Revolving Advance, and (y) in all other cases, the Base Rate plus the Applicable Base Rate Margin in effect from time to time. "APPLICABLE EUROCURRENCY MARGIN" “Applicable Eurocurrency Margin” means, in respect of any Eurocurrency Advance (unless such Eurocurrency Advance is a Local Currency Advance and the applicable Local Currency Addendum specifies a different Applicable Margin or Margins)Advance, a rate per annum determined as of the first day of the Interest Period for such Eurocurrency Advance in reference to the table rates under the column “Applicable Eurocurrency Margin” set forth below on the basis of the Credit Ratings at such time. Applicable Eurocurrency Margin Credit Rating (Rate per Annum) ------------- ------------------- > A+ / A1 / A+ 70.0 bps 0 bps A or better (S&P) OR / A2 or better (Xxxxx'x) 0.155% Below / A (S&P) and A2 (Xxxxx'x) but 80.5 bps 0 bps A- (S&P) OR / A3 (Xxxxx'x) 0.165% Below / A- (S&P) and A3 (Xxxxx'x) but 91.0 bps 0 bps BBB+ (S&P) OR / Baa1 (Xxxxx'x) 0.210% Below / BBB+ (S&P) and Baa1 (Xxxxx'x) but 102.5 bps 2.5 bps < BBB (S&P) OR / Baa2 (Xxxxx'x) 0.265% Below / BBB (S&P) and Baa2 (Xxxxx'x) but BBB- (S&P) AND Baa3 (Xxxxx'x) 0.350% Below BBB- (S&P) OR Baa3 (Xxxxx'x) 0.500% If, on the first day of the Interest Period for any Eurocurrency Advance, the Company shall not have Credit Ratings from both S&P and Xxxxx'x, the Credit Ratings of the Company, for purposes of this SECTION 2.07(b), shall be deemed to be below BBB- (S&P) and below Baa3 (Xxxxx'x) during such period. In addition, and notwithstanding the foregoing chart, if the Credit Rating of the Company from S&P is more than one level higher or lower than the equivalent Credit Rating of the Company from Xxxxx'x at such time, then the Applicable Eurocurrency Margin shall be determined as if the Credit Rating of the Company from each of S&P and Xxxxx'x were one level higher than the lower of the two Credit Ratings.112.5 bps 12.5 bps