Common use of Foreign Currency Exchange Rate Clause in Contracts

Foreign Currency Exchange Rate. Except as otherwise provided in a Bankruptcy Court order, as of the Effective Date, any Claim asserted in currency other than U.S. dollars shall be automatically deemed converted to the equivalent U.S. dollar value using the exchange rate for the applicable currency as published in The Wall Street Journal, National Edition, on the Effective Date.

Appears in 17 contracts

Samples: Restructuring Support Agreement (5E Advanced Materials, Inc.), Restructuring Support Agreement (Lannett Co Inc), Restructuring Support Agreement (Ion Geophysical Corp)

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Foreign Currency Exchange Rate. Except as otherwise provided in a Bankruptcy Court order, as of the Effective Date, any Claim asserted in currency other than U.S. dollars shall be automatically deemed converted to the equivalent U.S. dollar value using the exchange rate for the applicable currency as published in The Wall Street Journal, Journal (National Edition), on the Effective Date.

Appears in 4 contracts

Samples: Restructuring Support Agreement (View, Inc.), Restructuring Support Agreement (CURO Group Holdings Corp.), Restructuring Support Agreement (Avaya Holdings Corp.)

Foreign Currency Exchange Rate. Except as otherwise provided in a Bankruptcy Court order, as of the Effective Date, any Claim asserted in currency other than U.S. dollars shall be automatically deemed converted to the equivalent U.S. dollar value using the exchange rate for the applicable currency as published in The Wall Street Journal, Journal (National Edition), on the Effective Date.

Appears in 4 contracts

Samples: Transaction Support Agreement (HighPoint Resources Corp), Voting and Support Agreement (HighPoint Resources Corp), Transaction Support Agreement (Bonanza Creek Energy, Inc.)

Foreign Currency Exchange Rate. Except as otherwise provided in a Bankruptcy Court order, as of the Effective Date, any Claim asserted in currency other than U.S. dollars shall be automatically deemed converted to the equivalent U.S. dollar value using the exchange rate for the applicable currency as published in The Wall Street Journal, National Edition, on the Effective Petition Date.

Appears in 2 contracts

Samples: Restructuring Support and Lock Up Agreement, Restructuring Support and Lock Up Agreement (Seadrill LTD)

Foreign Currency Exchange Rate. Except as otherwise specifically provided for in a this Plan or an order of the Bankruptcy Court orderCourt, as of the Effective Date, any Claim asserted in currency other than U.S. dollars shall be automatically deemed converted to the equivalent U.S. dollar value using the exchange Bank of Canada’s noon spot rate as of the Petition Date (CDN$1 – US$0.8290) for the applicable currency as published in The Wall Street Journalall purposes under this Plan, National Editionincluding voting, on the Effective Dateallowance and distribution.

Appears in 2 contracts

Samples: Backstop Commitment Agreement, Backstop Commitment Agreement (AbitibiBowater Inc.)

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Foreign Currency Exchange Rate. Except as otherwise provided in a Bankruptcy Court order, as of the Effective Date, any Claim asserted in currency other than U.S. United States dollars shall be automatically deemed converted to the equivalent U.S. United States dollar value using the exchange rate for the applicable currency as published in The Wall Street Journal, Journal (National Edition), on the Effective Petition Date.. K.

Appears in 1 contract

Samples: Restructuring Support Agreement (Appgate, Inc.)

Foreign Currency Exchange Rate. Except as otherwise provided in a Bankruptcy Court order, as of the Plan Effective Date, any Claim asserted in currency other than U.S. dollars shall be automatically deemed converted to the equivalent U.S. dollar value using the exchange rate for the applicable currency as published in The Wall Street Journal, Journal (National Edition), on the Plan Effective Date.

Appears in 1 contract

Samples: Restructuring Support Agreement (QualTek Services Inc.)

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