Common use of Exchange Rates; Currency Equivalents Clause in Contracts

Exchange Rates; Currency Equivalents. (a) The Administrative Agent and the applicable Issuing Bank, as applicable, shall determine the Spot Rates as of each Revaluation Date to be used for calculating Dollar Equivalent amounts of Letters of Credit and Outstanding Amounts denominated in Alternative Currencies. Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot Rates employed in converting any amounts between the applicable currencies until the next Revaluation Date to occur.

Exchange Rates; Currency Equivalents. (a) The Administrative Agent and the applicable Issuing Bank, as applicable, shall determine the Spot Rates as of each Revaluation Date to be used for calculating U.S. Dollar Equivalent amounts of Letters of Credit Borrowings and Outstanding Amounts denominated in Alternative Currencies. Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot Rates employed in converting any amounts between the applicable currencies until the next Revaluation Date to occur.

Exchange Rates; Currency Equivalents. (a) The Global Administrative Agent and Agent, the applicable Issuing BankFunding Agent or the applicable L/C Issuer, as applicable, shall determine the Spot Rates as of each Revaluation Date to be used for calculating the Dollar Equivalent amounts of Letters amount and the Euro Equivalent amount of Credit Extensions and Outstanding Amounts any Credit Extensions denominated in the Alternative CurrenciesCurrency of each applicable Tranche. Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot Rates employed in converting any amounts between the applicable currencies until the next Revaluation Date to occurDate.

Exchange Rates; Currency Equivalents. (a) The Administrative Agent and or the applicable Issuing BankL/C Issuer, as applicable, shall determine the Spot Rates as of each Revaluation Date to be used for calculating Dollar Equivalent amounts of Letters of Credit Extensions and Outstanding Amounts denominated in Alternative Currencies. Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot Rates employed in converting any amounts between the applicable currencies until the next Revaluation Date to occur. The applicable amount of any currency (other than Dollars) for purposes of the Loan Documents shall be such Dollar Equivalent amount as so determined by the Administrative Agent or the L/C Issuer, as applicable.

Exchange Rates; Currency Equivalents. (a) The Administrative Agent and the applicable Issuing Bank, as applicable, shall determine the Spot Rates Rate as of each Revaluation Date to be used for calculating Dollar Equivalent amounts of Euro Letters of Credit and Outstanding Amounts denominated in Alternative CurrenciesCredit. Such Spot Rates Rate shall become effective as of such Revaluation Date and shall be the Spot Rates Rate employed in converting any amounts between the applicable currencies Dollars and Euros until the next Revaluation Date to occur. Except as otherwise expressly provided herein, the applicable amount of any currency for purposes of the Loan Documents shall be such Dollar Equivalent amount as determined by the Agent in accordance with this Agreement.

Exchange Rates; Currency Equivalents. (a) The Administrative Agent and or the applicable Issuing Bank, as applicable, L/C Issuer shall determine the Spot Rates as of each Revaluation Date to be used for calculating Dollar Equivalent amounts of Letters of Credit Extensions and Outstanding Amounts denominated in Alternative Currenciescurrencies other than Dollars. Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot Rates employed in converting any amounts between the applicable currencies until the next Revaluation Date to occur.

Exchange Rates; Currency Equivalents. (a) The Administrative Agent and or the applicable Issuing BankApplicable L/C Issuer, as applicable, shall determine the Spot Rates as of each Revaluation Date to be used for calculating Dollar Equivalent amounts of Letters of Credit Extensions and Outstanding Amounts denominated in Alternative Currencies. Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot Rates employed in converting any amounts between the applicable currencies until the next Revaluation Date to occur.Alternative

Exchange Rates; Currency Equivalents. (a) The Administrative Agent and the applicable Issuing Bank, as applicable, Bank shall determine the Spot Rates as of each Revaluation Date to be used for calculating Dollar Equivalent amounts of Letters of Credit issued by such Issuing Bank and Outstanding Amounts other amounts denominated in Alternative Currencies. Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot Rates employed in converting any amounts between the applicable currencies until the next Revaluation Date to occur.to

Exchange Rates; Currency Equivalents. (a) The Administrative Agent and Agent, the applicable Issuing BankL/C Issuer or the Competitive Bid Agent, as applicable, shall determine the Spot Rates as of each Revaluation Date to be used for calculating Dollar Equivalent amounts of Letters of Credit Extensions and Outstanding Amounts denominated in Alternative Currenciescurrencies other than Dollars. Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot Rates employed in converting any amounts between the applicable currencies until the next Revaluation Date to occur.

Exchange Rates; Currency Equivalents. (a) The Administrative Agent and the applicable Issuing Bank, as applicable, shall determine the Spot Rates as of each Revaluation Date to be used for calculating Dollar Equivalent amounts of Letters of Revolving Credit and Outstanding Amounts Outstandings denominated in Canadian Dollars or Alternative Currencies. Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot Rates employed in converting any amounts between the applicable currencies until the next Revaluation Date to occur.

Exchange Rates; Currency Equivalents. (a) The Administrative Agent and or the applicable Issuing BankL/C Issuer, as applicable, shall determine the Spot Rates as of each Revaluation Date to be used for calculating Dollar Equivalent amounts of Letters of Credit Extensions and Outstanding Amounts denominated in Alternative Currencies. Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot Rates employed in converting any calculating Dollar Equivalent amounts between the applicable currencies of Credit Extensions and Outstanding Amounts until the next Revaluation Date to occur.ActiveUS 170689984v.4

Exchange Rates; Currency Equivalents. (a) The Administrative Agent and or the applicable Issuing BankL/C Issuer, as applicable, shall determine the Spot Rates as of each Revaluation Date to be used for calculating Dollar Equivalent amounts of Letters of Credit Extensions and Outstanding Amounts denominated in Alternative Currencies. Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot Rates employed in converting any amounts between the applicable currencies until the next Revaluation Date to occur.to

Exchange Rates; Currency Equivalents. (a) The Administrative Agent and the applicable Issuing Bank, as applicable, shall determine the Spot Rates as of each Revaluation Date to be used for calculating U.S. Dollar Equivalent amounts of Letters of Credit Borrowings and Outstanding Amounts denominated in Alternative CurrenciesCurrencies or Canadian Dollars. Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot Rates employed in converting any amounts between the applicable currencies until the next Revaluation Date to occur.

Exchange Rates; Currency Equivalents. (a) The Administrative Agent and or the applicable Issuing BankL/C Issuer, as applicable, shall determine the Spot Rates as of each Revaluation Date to be used for calculating Dollar Equivalent amounts of Letters Equivalents of Credit Extensions and Outstanding Amounts denominated in Alternative Currencies. Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot Rates employed in converting any amounts between the applicable currencies until the next Revaluation Date to occur.. Except for purposes of financial statements delivered by Loan Parties hereunder or calculating financial covenants hereunder or except as

Exchange Rates; Currency Equivalents. (a) The Administrative Agent and the applicable Issuing Bank, as applicable, shall determine the Spot Rates Rate as of each Revaluation Date to be used for calculating Dollar Equivalent amounts of Alternate Currency Letters of Credit and Outstanding Amounts denominated in Alternative CurrenciesCredit. Such Spot Rates Rate shall become effective as of such Revaluation Date and shall be the Spot Rates Rate employed in converting any amounts between the applicable currencies Dollars and each Alternate Currency until the next Revaluation Date to occur.to

Exchange Rates; Currency Equivalents. (a) The Administrative Agent and or the applicable Issuing BankL/C Issuer, as applicable, shall determine the Spot Rates as of each Revaluation Date to be used for calculating Dollar Equivalent amounts of Letters of Credit Extensions and Outstanding Amounts denominated in Alternative Currencies. Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot Rates employed in converting any amounts between the applicable currencies until the next Revaluation Date to occur.. Except for purposes of financial statements 69 US-DOCS\136335661.3

Exchange Rates; Currency Equivalents. (a) The Administrative Agent and the applicable Issuing Bank, as applicable, shall determine the Spot Rates as of each Revaluation Date to be used for calculating Dollar Equivalent amounts of Letters of Credit Extensions and Outstanding Amounts denominated in Alternative Currencies. Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot Rates employed in converting any amounts between the applicable currencies until the next Revaluation Date to occur.

Exchange Rates; Currency Equivalents. (a) The Administrative Agent and the applicable Issuing Bank, as applicable, shall determine the Spot Rates Rate as of each Revaluation Date to be used for calculating the Dollar Equivalent amounts Equivalents of Letters Extensions of Credit and Outstanding Amounts amounts outstanding hereunder denominated in Alternative Currenciesa Foreign Currency. Such Spot Rates Rate shall become effective as of such Revaluation Date and shall be the Spot Rates Rate employed in converting any amounts between the applicable currencies until the next Revaluation Date to occur.

Exchange Rates; Currency Equivalents. (a) The Administrative Agent and the applicable Issuing Bank, as applicable, shall determine the Spot Rates Rate as of each Revaluation Date to be used for calculating the Dollar Equivalent amounts Amount of Letters of Credit and Outstanding Amounts that are denominated in any Alternative CurrenciesCurrency. Such The Spot Rates Rate shall become effective as of such Revaluation Date and shall be the Spot Rates Rate employed in converting any amounts amount between the applicable currencies any Alternative Currency and Dollars until the next occurring Revaluation Date to occurDate.

Exchange Rates; Currency Equivalents. (a) The Administrative Agent and the applicable Issuing Bank, as applicable, shall determine the Spot Rates as of each Revaluation Date to be used for calculating Dollar Equivalent amounts of Letters of Credit and Outstanding Amounts denominated in Alternative Currencies. Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot Rates employed in converting any amounts between the applicable currencies until the next Revaluation Date to occur.Alternative

Exchange Rates; Currency Equivalents. (a) The Administrative Agent and or the applicable Issuing BankLetter of Credit Issuer, as applicable, shall determine the Spot Rates as of each Revaluation Date to be used for calculating Dollar Equivalent amounts of Letters of Borrowings and L/C Credit Extensions and Outstanding Amounts denominated in Alternative Currencies. Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot Rates employed in converting any amounts between the applicable currencies until the next Revaluation Date to occur.to