Optional Currency during successive Interest Periods. (a) If a Loan is to be denominated in the Optional Currency during two successive Interest Periods, the Facility Agent shall calculate the amount of the Loan in the Optional Currency for the second of those Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that Loan at the Facility Agent's Spot Rate of Exchange at or about the Specified Time and (subject to paragraph (b) below):
Appears in 3 contracts
Samples: Term Facilities Agreement (Xstrata PLC), Term Facilities Agreement (Xstrata PLC), Term Facilities Agreement (Xstrata PLC)
Optional Currency during successive Interest Periods. (a) If a Loan is to be denominated in the Optional Currency during two successive Interest Periods, the Facility Agent shall calculate the amount of the Loan in the Optional Currency for the second of those Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that Loan at the Facility Agent's ’s Spot Rate of Exchange at or about the Specified Time Time) and (subject to paragraph (b) below):
Appears in 2 contracts
Samples: Loan Facilities Agreement, Facilities Agreement (Linde AG)
Optional Currency during successive Interest Periods. (a) If a Loan is to be denominated in the Optional Currency during two successive Interest Periods, the Facility Agent shall calculate the amount of the Loan in the Optional Currency for the second of those Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that Loan at the Facility Agent's Spot Rate of Exchange at or about 11:00 a.m. on the Specified Time Quotation Day and (subject to paragraph (b) below):
Appears in 1 contract
Samples: Dual Currency Term Facility Agreement (Xstrata PLC)
Optional Currency during successive Interest Periods. (a) If a Loan is to be denominated in the Optional Currency during two successive Interest Periods, the Facility Agent shall calculate the amount of the Loan in the Optional Currency for the second of those Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that Loan at the Facility Agent's ’s Spot Rate of Exchange at or about the Specified Time and (subject to paragraph (b) below):
Appears in 1 contract
Samples: Dual Currency Term Facilities Agreement (Xstrata PLC)
Optional Currency during successive Interest Periods. (a) If a Term Loan is to be denominated in the Optional Currency during two successive Interest Periods, the Facility Agent shall calculate the amount of the Term Loan in the Optional Currency for the second of those Interest Periods (by calculating the amount of Optional Currency equal to the Base Currency Amount of that Term Loan as appropriate at the Facility Agent's ’s Spot Rate of Exchange at or about the Specified Time Time) and (subject to paragraph (b) below):
Appears in 1 contract
Samples: Agreement (Rio Tinto PLC)
