Common use of Multicurrency Revolving Loans and Unpaid Drawings Clause in Contracts

Multicurrency Revolving Loans and Unpaid Drawings. (i) On the date of the occurrence of a Re-Denomination Event, automatically (and without the taking of any action), (i) all then outstanding Multicurrency Revolving Loans denominated in an Alternative Currency, all Multicurrency European Swing Line Loans and all Unpaid Drawings in respect of Multicurrency Letters of Credit issued for the account of any Borrower owed in an Alternative Currency, shall be automatically converted into Multicurrency Revolving Loans (or Multicurrency U.S. Swing Line Loans, as applicable) maintained in, and Unpaid Drawing in respect of Multicurrency Letters of Credit owing by such Borrower in, Dollars (in an amount equal to the Dollar Equivalent of the aggregate principal amount of the respective Multicurrency Revolving Loans, Multicurrency European Swing Line Loans or Unpaid Drawings in respect of Multicurrency Letters of Credit on the date such Re-Denomination Event first occurred, which Multicurrency Revolving Loans, Multicurrency European Swing Line Loans or Unpaid Drawings in respect of Multicurrency Letters of Credit (x) shall continue to be owed by such Borrower, (y) shall at all times thereafter be deemed to be Base Rate Loans and (z) shall be immediately due and payable on the date such Re-Denomination Event has occurred) and (ii) all principal, accrued and unpaid interest and other amounts owing with respect to such Multicurrency Revolving Loans, Multicurrency European Swing Line Loans and Unpaid Drawings in respect of Multicurrency Letters of Credit shall be immediately due and payable in Dollars, taking the Dollar Equivalent of such principal amount, accrued and unpaid interest and other amounts. The occurrence of any conversion of Multicurrency Revolving Loans, Multicurrency European Swing Line Loans or Unpaid Drawings in respect of Multicurrency Letters of Credit to Base Rate Loans as provided above in this Section 2.16(a) shall be deemed to constitute, for purposes of Section 3.5, a prepayment of Multicurrency Revolving Loans, Multicurrency European Swing Line Loans before the last day of any Interest Period relating thereto. (ii) Upon and after the occurrence of a Re-Denomination Event, all amounts from time to time accruing with respect to, and all amounts from time to time payable on account of, Multicurrency Revolving Loans denominated in an Alternative Currency (or Multicurrency U.S. Swing Line Loans, as applicable) (including, without limitation, any interest and other amounts which were accrued but unpaid on the date of such Re-Denomination Event) and Unpaid Drawings in respect of Multicurrency Letters of Credit owing in an Alternative Currency shall be payable in Dollars (taking the Dollar Equivalents of all such amounts on the date of the occurrence of the respective Re-Denomination Event, with all calculations for periods after the Re-Denomination Event ​ ​ ​ being made as if the respective such Multicurrency Revolving Loan or Unpaid Drawings in respect of Multicurrency Letters of Credit had originally been made in Dollars) and shall be distributed by the Administrative Agent for the account of appropriate Multicurrency Revolving Lenders (or the Swing Line Lender, as applicable) which made such Multicurrency Revolving Loans (or Multicurrency U.S. Swing Line Loans, as applicable) or are participating therein.

Multicurrency Revolving Loans and Unpaid Drawings. (i) On the date of the occurrence of a Re-Denomination Event, automatically (and without the taking of any action), (i) all then outstanding Multicurrency Revolving Loans denominated in an Alternative Currency, all Multicurrency European Swing Line Loans and all Unpaid Drawings in respect of Multicurrency Letters of Credit issued for the account of any Borrower owed in an Alternative Currency, shall be automatically converted into Multicurrency Revolving Loans (or Multicurrency U.S. Swing Line Loans, as applicable) maintained in, and Unpaid Drawing in respect of Multicurrency Letters of Credit owing by such Borrower in, Dollars (in an amount equal to the Dollar Equivalent of the aggregate principal amount of the respective Multicurrency Revolving Loans, Multicurrency European Swing Line Loans or Unpaid Drawings in respect of Multicurrency Letters of Credit on the date such Re-Denomination Event first occurred, which Multicurrency Revolving Loans, Multicurrency European Swing Line Loans or Unpaid Drawings in respect of Multicurrency Letters of Credit (x) shall continue to be owed by such Borrower, (y) shall at all times thereafter be deemed to be Base Rate Loans and (z) shall be immediately due and payable on the date such Re-Denomination Event has occurred) and (ii) all principal, accrued and unpaid interest and other amounts owing with respect to such Multicurrency Revolving Loans, Multicurrency European Swing Line Loans and Unpaid Drawings in respect of Multicurrency Letters of Credit shall be immediately due and payable in Dollars, taking the Dollar Equivalent of such principal amount, accrued and unpaid interest and other amounts. The occurrence of any conversion of Multicurrency Revolving Loans, Multicurrency European Swing Line Loans or Unpaid Drawings in respect of Multicurrency Letters of Credit to Base Rate Loans as provided above in this Section 2.16(a) shall be deemed to constitute, for purposes of Section 3.5, a prepayment of Multicurrency Revolving Loans, Multicurrency European Swing Line Loans before the last day of any Interest Period relating thereto. (ii) Upon and after the occurrence of a Re-Denomination Event, all amounts from time to time accruing with respect to, and all amounts from time to time payable on account of, Multicurrency Revolving Loans denominated in an Alternative Currency (or Multicurrency U.S. Swing Line Loans, as applicable) (including, without limitation, any interest and other amounts which were accrued but unpaid on the date of such Re-Denomination Event) and Unpaid Drawings in respect of Multicurrency Letters of Credit owing in an Alternative Currency shall be payable in Dollars (taking the Dollar Equivalents of all such amounts on the date of the occurrence of the respective Re-Denomination Event, with all calculations for periods after the Re-Denomination Event ​ ​ ​ being made as if the respective such Multicurrency Revolving Loan or Unpaid Drawings in respect of Multicurrency Letters of Credit had originally been made in Dollars) and shall be distributed by the Administrative Agent for the account of appropriate Multicurrency Revolving Lenders (or the Swing Line Lender, as applicable) which made such Multicurrency Revolving Loans (or Multicurrency U.S. Swing Line Loans, as applicable) or are participating therein.

Multicurrency Revolving Loans and Unpaid Drawings. (i) On the date of the occurrence of a Re-Denomination Event, automatically (and without the taking of any action), (i) all then outstanding Multicurrency Revolving Loans denominated in an Alternative Currency, all Multicurrency European Swing Line Loans Currency and all Unpaid Drawings in respect of Multicurrency Letters of Credit issued for the account of any Borrower owed in an Alternative Currency, shall be automatically converted into Multicurrency Revolving Loans (or Multicurrency U.S. Swing Line Loans, as applicable) maintained in, and Unpaid Drawing in respect of Multicurrency Letters of Credit owing by such Borrower in, Dollars (in an amount equal to the Dollar Equivalent of the aggregate principal amount of the respective Multicurrency Revolving Loans, Multicurrency European Swing Line Loans or Unpaid Drawings in respect of Multicurrency Letters of Credit on the date such Re-Denomination Event first occurred, which Multicurrency Revolving Loans, Multicurrency European Swing Line Loans or Unpaid Drawings in respect of Multicurrency Letters of Credit (x) shall continue to be owed by such Borrower, (y) shall at all times thereafter be deemed to be Base Rate Loans and (z) shall be immediately due and payable on the date such Re-Denomination Event has occurred) and (ii) all principal, accrued and unpaid interest and other amounts owing with respect to such Multicurrency Revolving Loans, Multicurrency European Swing Line Loans and Unpaid Drawings in respect of Multicurrency Letters of Credit shall be immediately due and payable in Dollars, taking the Dollar Equivalent of such principal amount, accrued and unpaid interest and other amounts. The occurrence of any conversion of Multicurrency Revolving Loans, Multicurrency European Swing Line Loans or Unpaid Drawings in respect of Multicurrency Letters of Credit to Base Rate Loans as provided above in this Section 2.16(a) shall be deemed to constitute, for purposes of Section 3.5, a prepayment of Multicurrency Revolving Loans, Multicurrency European Swing Line Loans before the last day of any Interest Period relating thereto. (ii) Upon and after the occurrence of a Re-Denomination Event, all amounts from time to time accruing with respect to, and all amounts from time to time payable on account of, Multicurrency Revolving Loans denominated in an Alternative Currency (or Multicurrency U.S. Swing Line Loans, as applicable) (including, without limitation, any interest and other amounts which were accrued but unpaid on the date of such Re-Denomination Event) and Unpaid Drawings in respect of Multicurrency Letters of Credit owing in an Alternative Currency shall be payable in Dollars (taking the Dollar Equivalents of all such amounts on the date of the occurrence of the respective Re-Denomination Event, with all calculations for periods after the Re-Denomination Event ​ ​ ​ being made as if the respective such Multicurrency Revolving Loan or Unpaid Drawings in respect of Multicurrency Letters of Credit had originally been made in Dollars) and shall be distributed by the Administrative Agent for the account of appropriate Multicurrency Revolving Lenders (or the Swing Line Lender, as applicable) which made such Multicurrency Revolving Loans (or Multicurrency U.S. Swing Line Loans, as applicable) or are participating therein.

Multicurrency Revolving Loans and Unpaid Drawings. (i) On the date of the occurrence of a Re-Denomination Event, automatically (and without the taking of any action), (iA) all then outstanding Multicurrency Revolving Credit Loans denominated in an Alternative Currency, all Multicurrency European Swing Line Loans Currency and all Unpaid Drawings Unreimbursed Amounts and/or L/C Borrowings in respect of Multicurrency Letters of Credit issued for the account of any Borrower owed in an Alternative Currency, shall be automatically converted into Multicurrency Revolving Credit Loans (or Multicurrency U.S. Swing Line Loans, as applicable) maintained in, and Unpaid Drawing in respect of Multicurrency Letters of Credit Unreimbursed Amounts and/or L/C Borrowings owing by such Borrower in, U.S. Dollars (in an amount equal to the U.S. Dollar Equivalent of the aggregate principal amount of the respective Multicurrency Revolving Loans, Multicurrency European Swing Line Loans or Unpaid Drawings in respect of Multicurrency Letters of Credit Unreimbursed Amounts and/or L/C Borrowings on the date such Re-Denomination Event first occurred, which Multicurrency Revolving Loans, Multicurrency European Swing Line Credit Loans or Unpaid Drawings in respect of Multicurrency Letters of Credit Unreimbursed Amounts and/or L/C Borrowings (x) shall continue to be owed by such Borrower, (y) shall at all times thereafter be deemed to be Base Rate ABR Loans and (z) shall be immediately due and payable on the date such Re-Denomination Event has occurred) and (iiB) all principal, accrued and unpaid interest and other amounts owing with respect to such Multicurrency Revolving Loans, Multicurrency European Swing Line Credit Loans and Unpaid Drawings in respect of Multicurrency Letters of Credit Unreimbursed Amounts and/or L/C Borrowings shall be immediately due and payable in U.S. Dollars, taking the U.S. Dollar Equivalent of such principal amount, accrued and unpaid interest and other amounts. The occurrence of any conversion of Multicurrency Revolving Loans, Multicurrency European Swing Line Credit Loans or Unpaid Drawings in respect of Multicurrency Letters of Credit Unreimbursed Amounts and/or L/C Borrowings to Base Rate ABR Loans as provided above in this Section 2.16(a2.18(a) shall be deemed to constitute, for purposes of Section 3.53.05, a prepayment of Multicurrency Revolving Loans, Multicurrency European Swing Line Credit Loans before the last day of any Interest Period relating thereto. (ii) Upon and after the occurrence of a Re-Denomination Event, all amounts from time to time accruing with respect to, and all amounts from time to time payable on account of, Multicurrency Revolving Credit Loans denominated in an Alternative Currency (or Multicurrency U.S. Swing Line Loans, as applicable) (including, without limitation, any interest and other amounts which were accrued but unpaid on the date of such Re-Denomination Event) and Unpaid Drawings in respect of Multicurrency Letters of Credit Unreimbursed Amounts and/or L/C Borrowings owing in an Alternative Currency shall be payable in U.S. Dollars (taking the U.S. Dollar Equivalents of all such amounts on the date of the occurrence of the respective Re-Denomination Event, with all calculations for periods after the Re-Denomination Event ​ ​ ​ being made as if the respective such Multicurrency Revolving Credit Loan or Unpaid Drawings in respect of Multicurrency Letters of Credit Unreimbursed Amounts and/or L/C Borrowings had originally been made in U.S. Dollars) and shall be distributed by the Administrative Agent for the account of appropriate Multicurrency Revolving Lenders (or the Swing Line Lender, as applicable) which made such Multicurrency Revolving Credit Loans (or Multicurrency U.S. Swing Line Loans, as applicable) L/C Borrowings or are participating therein.