Common use of Foreign Exchange Sub-Facility Clause in Contracts

Foreign Exchange Sub-Facility. The Bank agrees to enter into FX Transactions with the Borrower, at the Borrower’s request therefor made prior to the Expiration Date; provided, however, that at no time shall the aggregate FX Risk Liability of the Borrower exceed the FX Limit, and together with the total principal amount of all outstanding Advances, exceed the Line of Credit Each FX Transaction shall be used to hedge the Borrower’s foreign exchange exposure.

Foreign Exchange Sub-Facility. The Bank agrees to enter into FX Transactions with the Borrower, at the Borrower’s request therefor made prior to the Expiration Date; provided, provided however, that at no time shall the aggregate FX Risk Liability of the Borrower exceed the FX Limit, and together with the total principal amount of all outstanding AdvancesAdvances under the AR Line of Credit, exceed the Line of Credit Borrowing Base. Each FX Transaction shall be used to hedge the Borrower’s foreign exchange exposure.

Foreign Exchange Sub-Facility. The Bank agrees to enter into FX Transactions with the Borrower, at the Borrower’s request therefor made prior to the Expiration Date; provided, provided however, that at no time shall the aggregate FX Risk Liability of the Borrower exceed the FX Limit, and together with the total principal amount of all outstanding AdvancesAdvances under the AR Line of Credit, exceed the Line of Credit Borrowing Base. Each FX Transaction shall be used to hedge the Borrower’s foreign exchange exposure.

Foreign Exchange Sub-Facility. The Bank agrees to enter into FX Transactions with the Borrower, at the Borrower’s 's request therefor made prior to the Expiration Date; provided, provided however, that at no time shall the aggregate FX Risk Liability of the Borrower exceed the FX Limit, and together with the total principal amount of all outstanding Advances, exceed the Line of Credit Credit. Each FX Transaction shall be used to hedge the Borrower’s 's foreign exchange exposure.