Fallback Currency Sample Clauses

Fallback Currency. If the Agent receives a notice from any Bank in accordance with Clause 9.2 (Response to Request for an Optional Currency) (and, where applicable, also receives such a notice in relation to the alternative duration of the relevant Term resulting from the operation of Clause 8.1(b)) then, subject to Clause 4.3 (No Market Disruption), the relevant Advance shall instead be made in euro and in the Euro Amount of that Advance.
Sample 1
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Fallback Currency. If in relation to any Interest Period relating to a Revolving Advance the Facility Agent gives notice to the Obligors’ Agent and the Banks in accordance with Clause 11.2 (Response to Request for an Optional Currency) that Revolving Advance shall during that Interest Period instead be denominated in Sterling.
Sample 1
Fallback Currency. If in relation to any Interest Period relating to a Revolving Advance the Facility Agent gives notice to the Parent and the Banks in accordance with Clause 11.2 (Response to a request for an Optional Currency) that Revolving Advance shall during that Interest Period instead be denominated in US Dollars.
Sample 1
Fallback Currency. If the Agent receives a notice from any Bank in accordance with Clause 9.2 (and, where applicable, also receives such a notice in relation to the alternative duration of the relevant Term resulting from the operation of Clause 8.1.2) then, subject to Clause 4.3, the relevant Advance shall instead be made in Euro and in the Euro Amount of that Advance.
Sample 1
Fallback Currency. If in relation to any Interest Period relating to an Advance in an Optional Currency other than Sterling, the Agent receives a notice from any Revolving Credit Facility Bank in accordance with Clause 9.1 that Advance shall during that Interest Period instead be denominated in U.S. Dollars and in the Dollar Amount of that Advance.
Sample 1
Fallback Currency. If, in relation to any Interest Period relating to a Revolving Facility Tranche B Advance, the Agent gives notice to the Obligors’ Agent and the Lenders in accordance with Clause 11.2 (Response to a Request for an Optional Currency), that Revolving Facility Tranche B Advance shall (subject to Clause 12.2 (Unavailability of Currencies)) during that Interest Period instead be denominated in Sterling.
Sample 1

Related to Fallback Currency

  • U.S. Currency All sums and amounts payable or to be payable pursuant to the provisions of this Agreement shall be payable in coin or currency of the United States of America that, at the time of payment, is legal tender for the payment of public and private debts in the United States of America.

  • Specified Currency 15. Whether the Note is an OID Note, and if it is an OID Note, the applicability of Modified Payment upon Acceleration (and if so, the Issue Price).

  • Change of Currency (a) Unless otherwise prohibited by law, if more than one currency or currency unit are at the same time recognised by the central bank of any country as the lawful currency of that country, then:

  • Blocked Currency In each country where the local currency is blocked and cannot be removed from the country, royalties or profit share payments accrued in that country shall be paid to the receiving Party in the country in local currency by deposit in a local bank designated by the receiving Party, unless the Parties otherwise agree.

  • Unavailability of a currency If before the Specified Time on any Quotation Day:

  • Payment Currency All payments due under this Agreement will be paid in U.S. Dollars. Conversion of foreign currency to U.S. Dollars will be made at the conversion rate existing in the United States (as reported in the Wall Street Journal) on the last working day of the applicable Calendar Quarter. Such payments will be without deduction of exchange, collection or other charges.

  • Optional Currencies 25 8. Repayment....................................................... 29 9.

  • Judgement Currency If, for the purposes of obtaining judgment in any court, it is necessary to convert a sum due hereunder or any other Loan Document in one currency into another currency, the rate of exchange used shall be that at which in accordance with normal banking procedures the Administrative Agent could purchase the first currency with such other currency on the Business Day preceding that on which final judgment is given. The obligation of the Borrower or any other Loan Party in respect of any such sum due from it to the Agents or the Secured Parties hereunder or under the other Loan Documents shall, notwithstanding any judgment in a currency (the “Judgment Currency”) other than that in which such sum is denominated in accordance with the applicable provisions of this Agreement (the “Agreement Currency”), be discharged only to the extent that on the Business Day following receipt by the Administrative Agent of any sum adjudged to be so due in the Judgment Currency, the Administrative Agent may in accordance with normal banking procedures purchase the Agreement Currency with the Judgment Currency. If the amount of the Agreement Currency so purchased is less than the sum originally due to the Administrative Agent from the Borrower or any Secured Party in the Agreement Currency, the Borrower and Secured Party agrees, as a separate obligation and notwithstanding any such judgment, to indemnify the Administrative Agent or the Person to whom such obligation was owing against such loss. If the amount of the Agreement Currency so purchased is greater than the sum originally due to the Administrative Agent in such currency, the Administrative Agent agrees to return the amount of any excess to the Borrower (or to any other Person who may be entitled thereto under applicable law).

  • Currency Unless otherwise stated, all references in this Agreement to sums of money are expressed in lawful money of Canada and “$” refers to Canadian dollars.

  • Foreign Currency The term “

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