Common use of Prepayments Required Due to Currency Fluctuation Clause in Contracts

Prepayments Required Due to Currency Fluctuation. (a) Not later than 1:00 P.M., New York City time, on the last Business Day of each fiscal quarter or at such other time as is reasonably determined by the Administrative Agent (the “Calculation Time”), the Administrative Agent shall determine the Dollar Equivalent of the Revolving Credit Exposure as of such date. (b) If at the Calculation Time, the Dollar Equivalent of the Revolving Credit Exposure exceeds the Total Revolving Commitment by 5% or more, then within five Business Days after notice thereof to the Borrower from the Administrative Agent, the Borrower shall prepay Revolving Credit Loans or Swingline Loans (or cause any Subsidiary Borrower to make such prepayment) in an aggregate principal amount at least equal to such excess. Nothing set forth in this Section 2.27(b) shall be construed to require the Administrative Agent to calculate compliance under this Section 2.27(b) other than at the times set forth in Section 2.27(a).

Prepayments Required Due to Currency Fluctuation. (a) Not later than 1:00 P.M., New York City time, on the last Business Day of each fiscal quarter or at such other time as is reasonably determined by the Administrative Agent (the “Calculation Time”), the Administrative Agent shall determine the Dollar Equivalent of the Revolving Credit Exposure as of such date. (b) If at the Calculation Time, the Dollar Equivalent of the Revolving Credit Exposure exceeds the Total Revolving Commitment by 5% or more, then within five Business Days after notice thereof to the Borrower from the Administrative Agent, the Borrower shall prepay Revolving Credit Loans or Swingline Loans (or cause any Subsidiary Borrower to make such prepayment) in an aggregate principal amount at least equal to such excess. Nothing set forth in this Section 2.27(b2.25(b) shall be construed to require the Administrative Agent to calculate compliance under this Section 2.27(b2.25(b) other than at the times set forth in Section 2.27(a2.25(a).

Prepayments Required Due to Currency Fluctuation. (a) Not later than 1:00 P.M., New York City time, on the last Business Day of each fiscal quarter or at such other time as is reasonably determined by the Administrative Agent (the “Calculation Time”), the Administrative Agent shall determine the Dollar Equivalent of the aggregate Revolving Credit Exposure Exposures as of such date. (b) If at the Calculation Time, the Dollar Equivalent of the aggregate Revolving Credit Exposure exceeds the Total Revolving Commitment aggregate Commitments by 5% or more, then within five Business Days after notice thereof to the Borrower Company from the Administrative Agent, the Borrower Company shall prepay Revolving Credit Loans or Swingline Loans (or cause any Borrowing Subsidiary Borrower to make such prepaymentto) prepay Loans in an aggregate principal amount at least equal to such excess. Nothing set forth in this Section 2.27(b2.20(b) shall be construed to require the Administrative Agent to calculate compliance under this Section 2.27(b2.20(b) other than at the times set forth in Section 2.27(a2.20(a).

Prepayments Required Due to Currency Fluctuation. (a) Not later than 1:00 P.M., New York City time, on the last Business Day of each fiscal quarter or at such other time as is reasonably determined by the Administrative Agent (the “Calculation Time”), the Administrative Agent shall determine the Dollar Equivalent of the Revolving Credit Exposure Exposures as of such date. (b) If at the Calculation Time, the Dollar Equivalent of the Revolving Credit Exposure exceeds the Total Revolving Commitment by 5% or more, then within five Business Days after notice thereof to the Borrower from the Administrative Agent, the Borrower shall prepay Revolving Credit Loans or Swingline Loans (or cause any Subsidiary Borrower to make such prepayment) in an aggregate principal amount at least equal to such excess. Nothing set forth in this Section 2.27(b2.24(b) shall be construed to require the Administrative Agent to calculate compliance under this Section 2.27(b2.24(b) other than at the times set forth in Section 2.27(a2.24(a).