Common use of Foreign Currency Calculations Clause in Contracts

Foreign Currency Calculations. (a) For purposes of determining the Dollar Equivalent of any Loan or Letter of Credit denominated in a Foreign Currency or any related amount, the Administrative Agent shall determine the Exchange Rate as of the applicable Exchange Rate Date with respect to each Foreign Currency in which any requested or outstanding Loan or Letter of Credit is denominated and shall apply such Exchange Rates to determine such amount (in each case after giving effect to any Loan to be made or repaid or Letter of Credit issued on or prior to the applicable date for such calculation). (b) For purposes of any determination hereunder (including determinations under Section 2.02(c), 6.01, 6.02 or 6.04 or under Article VII), all amounts incurred, outstanding or proposed to be incurred or outstanding in currencies other than Dollars shall be translated into the Dollar Equivalent at the appropriate currency Exchange Rate; provided that no Default shall arise as a result of any limitation set forth in Dollars in Section 6.01 or 6.02 being exceeded solely as a result of changes in Exchange Rates from those rates applicable at the time or times Indebtedness or Liens were initially consummated in reliance on the exceptions under such Sections. For purposes of any determination under Section 6.04, the amount of each investment, asset disposition or other applicable transaction denominated in a currency other than Dollars shall be translated into the Dollar Equivalent at the applicable Exchange Rate. Such Exchange Rates shall be determined in good faith by the Borrower.

Foreign Currency Calculations. (a) For purposes of determining the Dollar Equivalent of any Loan or Letter of Credit denominated in a Foreign Currency or any related amount, the Administrative Agent shall determine the Exchange Rate as of the applicable Exchange Rate Date with respect to each Foreign Currency in which any requested or outstanding Loan or Letter of Credit is denominated and shall apply such Exchange Rates to determine such amount (in each case after giving effect to any Loan Letter of Credit Borrowing to be made or repaid or Letter of Credit issued on or prior to the applicable date for such calculation). (b) For purposes of any determination hereunder (including determinations under Section 2.02(c), 6.01, 6.02 or 6.04 or under Article VI or VII), all amounts incurred, outstanding or proposed to be incurred or outstanding outstanding, and the amount of each investment, asset disposition or other applicable transaction, denominated in currencies other than Dollars shall be translated into the Dollar Equivalent Dollars at the appropriate currency Exchange RateRates in effect on the date of such determination; provided that no Event of Default shall arise as a result of any limitation set forth in Dollars in Section 6.01 or 6.02 being exceeded solely as a result of changes in Exchange Rates from those rates applicable at the time or times Indebtedness or Liens were initially consummated in reliance on the exceptions under such Sections. For purposes of any determination under Section 6.04, the amount of each investment, asset disposition or other applicable transaction denominated in a currency other than Dollars shall be translated into the Dollar Equivalent at the applicable Exchange Rate. Such Exchange Rates shall be determined in good faith by the BorrowerBorrowers.

Foreign Currency Calculations. (a) For purposes of determining the Dollar Equivalent of any Loan or Letter of Credit Advance denominated in a Foreign Currency or any related amount, the Administrative Agent shall determine the Exchange Rate as of the applicable Exchange Rate Date with respect to each Foreign Currency in which any requested or outstanding Loan Advance or Letter of Credit is denominated and shall apply such Exchange Rates to determine such amount (in each case after giving effect to any Loan Advance to be made or repaid or Letter of Credit issued on or prior to the applicable date for such calculation). (b) For purposes of any determination hereunder (including determinations under Section 2.02(c), 6.01, 6.02 6.02, 6.04 6.09, 6.10, 6.11 or 6.04 6.12 or under Article VII), all amounts incurred, outstanding or proposed to be incurred or outstanding in currencies other than Dollars shall be translated into the Dollar Equivalent Dollars at the appropriate currency Exchange Rate; provided that no Default shall arise as a result of any limitation set forth in Dollars in Section 6.01 or 6.02 being exceeded solely as a result of changes in Exchange Rates from those rates applicable at the time or times Indebtedness or Liens were initially consummated in reliance on the exceptions under such Sections. For purposes of any determination under Section 6.04, 6.09, 6.10, 6.11 or 6.12, the amount of each investment, asset disposition or other applicable transaction denominated in a currency other than Dollars shall be translated into the Dollar Equivalent Dollars at the applicable Exchange Rate. Such Exchange Rates shall be determined in good faith by the BorrowerBorrowers.

Foreign Currency Calculations. (a) For purposes of determining the Dollar Equivalent of any Loan or Letter of Credit denominated in a Foreign Currency Canadian Tranche Exposure, the UK Tranche Exposure or any related amount, the Administrative Agent shall determine the Exchange Rate as of the applicable Exchange Rate Date with respect to each Foreign Currency in which any requested or outstanding Loan or Letter of Credit is denominated Canadian Dollars, Euro and Pounds Sterling and shall apply such Exchange Rates to determine such amount (in each case after giving effect to any Loan Borrowings to be made or repaid or Letter of Credit issued to the extent practicable on or prior to the applicable date for such calculation). (b) For purposes of any determination hereunder (including determinations under Section 2.02(c6.01 or 6.02 or under paragraph (f), 6.01, 6.02 (g) or 6.04 or under (k) of Article VII), all amounts incurred, outstanding or proposed to be incurred or outstanding in currencies other than US Dollars shall be translated into the Dollar Equivalent US Dollars at the appropriate currency Exchange Rateexchange rates in effect on the date of such determination; provided that no Default or Event of Default shall arise as a result of any limitation set forth in US Dollars in Section 6.01 or 6.02 being exceeded solely as a result of changes in Exchange Rates currency exchange rates from those rates applicable at the time or times Indebtedness or Liens were initially consummated in reliance on the exceptions under such Sections. For purposes of any determination under Section 6.046.04 or 6.06, the amount of each investment, asset disposition or other applicable transaction denominated in a currency other than US Dollars shall be translated into the Dollar Equivalent US Dollars at the applicable Exchange Ratecurrency exchange rate in effect on the date such investment, disposition or other transaction is consummated. Such Exchange Rates currency exchange rates shall be determined in good faith by the BorrowerCompany.