Multicurrency Revolving Commitments Sample Clauses

Multicurrency Revolving Commitments. The aggregate principal Dollar Equivalent Amount at any one time outstanding of all Multicurrency Loans and of all Multicurrency Letter of Credit Liabilities of any Multicurrency Lender, shall not exceed such Multicurrency Lender’s Multicurrency Revolving Commitment. Any change in a Multicurrency Lender’s Multicurrency Revolving Commitment shall similarly change such Multicurrency Lender’s Multicurrency Pro Rata Share in a like manner and amount.

Multicurrency Revolving Commitments. (a) Subject to the terms and conditions hereof, each Multicurrency Revolving Lender of any Class severally agrees to make (or cause its Applicable Lending Office to make) revolving credit loans (“Multicurrency Revolving Loans”) of such Class in Dollars or any Optional Currency to the Company or any Foreign Subsidiary Borrower (other than a Canadian Borrower) from time to time during the Revolving Commitment Period applicable to such Class; provided that, after giving effect to such borrowing and the use of proceeds thereof, (i) the Dollar Equivalent of such Lender’s Multicurrency Revolving Extensions of Credit of the applicable Class do not exceed the amount of such Lender’s Multicurrency Revolving Commitments of such Class, (ii) [Reserved], (iii) the Total Revolving Extensions of Credit shall not exceed the Total Revolving Commitments then in effect and (iv) (A) the Total 2017 Revolving Extensions of Credit shall not exceed the Total 2017 Revolving Commitments then in effect and (B) the Total 2019 Revolving Extensions of Credit shall not exceed the Total 2019 Revolving Commitments then in effect. During the Revolving Commitment Period in respect of any Class the Company and any relevant Foreign Subsidiary Borrower may use the Multicurrency Revolving Commitments of such Class by borrowing, prepaying the Multicurrency Revolving Loans of such Class in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Multicurrency Revolving Loans shall be Eurocurrency Loans as notified to the Administrative Agent in accordance with Sections 2.7 and 2.19. (b) The Company and any relevant Subsidiary Borrower shall repay all outstanding Multicurrency Revolving Loans of any Class of a Lender on the Revolving Termination Date for such Lender applicable to such Class.

Multicurrency Revolving Commitments. Each Multicurrency Revolving Lender hereby severally agrees to provide a Multicurrency Revolving Commitment in an amount set forth opposite its name under the column entitled “Multicurrency Revolving Commitment” on Schedule 1.1 (a) to the Amended Credit Agreement and (subject to the satisfaction of the conditions precedent set forth in Article IV) to fund Multicurrency Revolving Loans on the Fifth Amendment Effective Date in such principal amount, if any, as is requested by Company, not to exceed the amount of its Multicurrency Revolving Commitment. On the Fifth Amendment Effective Date, each Multicurrency Revolving Lender shall become a “Lender”, a “Multicurrency Revolving Lender” and a “Revolving Lender” under the Amended Credit Agreement and shall be bound by the provisions of the Amended Credit Agreement as a Lender holding Multicurrency Revolving Commitments (and from and after the extension thereof in accordance with this Amendment and the Amended Credit Agreement, related Loans and other Obligations).

Multicurrency Revolving Commitments. The Borrowers may, upon notice to the Administrative Agent, terminate the Aggregate Multicurrency Revolving Commitments, or from time to time permanently reduce the Aggregate Multicurrency Revolving Commitments; provided that (a) any such notice shall be received by the Administrative Agent not later than 11:00 a.m. five (5) Business Days prior to the date of termination or reduction, (b) any such partial reduction shall be in an aggregate amount of $2,000,000 or any whole multiple of $500,000 in excess thereof, (c) the Borrowers shall not terminate or reduce the Aggregate Multicurrency Revolving Commitments if, after giving effect thereto and to any concurrent prepayments hereunder, the Total Multicurrency Revolving Outstandings would exceed the Aggregate Multicurrency Revolving Commitments and (d) if, after giving effect to any reduction of the Aggregate Multicurrency Revolving Commitments, the Letter of Credit Sublimit or the Multicurrency Swing Line Sublimit exceeds the amount of the Aggregate Multicurrency Revolving Commitments, such sublimit shall be automatically reduced by the amount of such excess. The Administrative Agent will promptly notify the Multicurrency Lenders of any such notice of termination or reduction of the Aggregate Multicurrency Revolving Commitments. Any reduction of the Aggregate Multicurrency Revolving Commitments shall be applied to the Multicurrency Revolving Commitment of each Multicurrency Lender according to its Applicable Percentage. All fees accrued until the effective date of any termination of the Aggregate Multicurrency Revolving Commitments shall be paid on the effective date of such termination.