Common use of Mandatory Prepayment - Currency Fluctuations Clause in Contracts

Mandatory Prepayment - Currency Fluctuations. If on any Computation Date the Dollar Equivalent Revolving Facility Usage is equal to or greater than 100% of the Revolving Credit Commitments as a result of a change in exchange rates between one (1) or more Optional Currencies and Dollars, then the Agent shall notify the Borrower of the same. The Borrower shall pay or prepay the Revolving Credit Loans (subject to Borrower’s indemnity obligations under Section 4.5 [Voluntary Prepayments, Mandatory Prepayments], Section 4.6 [Additional Compensation in Certain Circumstances] and Section 4.8 [Indemnity] within one (1) Business Day after receiving such notice such that the Dollar Equivalent Revolving Facility Usage shall not exceed the aggregate Revolving Credit Commitments after giving effect to such payments or prepayments.

Mandatory Prepayment - Currency Fluctuations. If on any Computation Date the Dollar Equivalent Revolving Facility Usage is equal to or greater than 100% of the Revolving Credit Commitments as a result of a change in exchange rates between one (1) or more Optional Currencies and Dollars, then the Agent shall notify the Borrower of the same. The Borrower shall pay or prepay the Revolving Credit Loans (subject to Borrower’s indemnity obligations under Section 4.5 5.4 [Voluntary Prepayments, Mandatory Prepayments], ] and Section 4.6 5.5 [Additional Compensation in Certain Circumstances] and Section 4.8 [Indemnity] ]) within one (1) Business Day after receiving such notice such that the Dollar Equivalent Revolving Facility Usage shall not exceed the aggregate Revolving Credit Commitments after giving effect to such payments or prepayments.

Mandatory Prepayment - Currency Fluctuations. If on any Computation Date the Dollar Equivalent Revolving Facility Usage is equal to or greater than 100% of the Revolving Credit Commitments as a result of a change in exchange rates between one (1) or more Optional Currencies and Dollars, then the Agent shall notify the Borrower of the same. The Borrower shall pay or prepay the Revolving Credit Loans (subject to Borrower’s indemnity obligations under Section 4.5 5.4 [Voluntary Prepayments, Mandatory Prepayments], ] and Section 4.6 5.5 [Additional Compensation in Certain Circumstances] and Section 4.8 [Indemnity] ]) within one (1) Business Day after receiving such notice such that the Dollar Equivalent Revolving Facility Usage shall not exceed the aggregate Revolving Credit Commitments after giving effect to such payments or prepayments.