Common use of Rate of Exchange Clause in Contracts

Rate of Exchange. The term "rate of exchange" in this Section 12 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 6 contracts

Samples: Credit Facility Agreement (Top Ships Inc.), Credit Agreement (Chiles Magellan LLC), Loan Agreement (Omi Corp/M I)

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Rate of Exchange. The term "rate of exchange" in this Section 12 means the rate at which the Administrative Facility Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 5 contracts

Samples: Credit Agreement (SEACOR Marine Holdings Inc.), Credit Agreement (SEACOR Marine Holdings Inc.), Credit Agreement (SEACOR Marine Holdings Inc.)

Rate of Exchange. The term "rate of exchange" in this Section 12 14 means the rate at which the Administrative Facility Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 5 contracts

Samples: Credit Agreement (International Shipholding Corp), Senior Secured Term Loan Facility Agreement (International Shipholding Corp), Facility Agreement (International Shipholding Corp)

Rate of Exchange. The term "rate of exchange" in this Section 12 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 4 contracts

Samples: Credit Facility Agreement (Top Ships Inc.), Credit Facility Agreement (K-Sea Transportation Partners Lp), Term Loan and Revolving Credit Facility Agreement (Stolt Nielsen S A)

Rate of Exchange. The term "rate of exchange" in this Section 12 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency Judgment Currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 4 contracts

Samples: Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp)

Rate of Exchange. The term "rate of exchange" in this Section 12 13 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Facility (Era Group Inc.), Senior Secured Revolving Credit Facility (Seacor Holdings Inc /New/)

Rate of Exchange. The term "rate of exchange" in this Section 12 13 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 2 contracts

Samples: Credit Agreement (International Shipholding Corp), Facility Agreement (Omi Corp/M I)

Rate of Exchange. The term "rate of exchange" in this Section 12 13 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars or the relevant Foreign Currency with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 2 contracts

Samples: Revolving Credit Facility Agreement (Seacor Smit Inc), Revolving Credit Facility Agreement (Seacor Smit Inc)

Rate of Exchange. The term "rate of exchange" in this Section 12 13 means the rate at which the Administrative Facility Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 2 contracts

Samples: Loan Agreement (Dorian LPG Ltd.), Credit Agreement (International Shipholding Corp)

Rate of Exchange. The term "rate of exchange" in this Section 12 14 means the rate at which the Administrative Facility Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 2 contracts

Samples: Credit Agreement (International Shipholding Corp), Facility Agreement (International Shipholding Corp)

Rate of Exchange. The term "rate of exchange" in this Section 12 13 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 1 contract

Samples: Term Loan and Credit Facility Agreement (Noble Corp / Switzerland)

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Rate of Exchange. The term "rate of exchange" in this Section 12 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 1 contract

Samples: Loan Agreement (Omi Corp/M I)

Rate of Exchange. The term "rate of exchange" in this Section 12 13 means the rate at which the Administrative Facility Agent in accordance with its normal practices is able on the relevant date to purchase Dollars or the relevant Foreign Currency with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 1 contract

Samples: Revolving Credit Facility (Seacor Holdings Inc /New/)

Rate of Exchange. The term "rate of exchange" in this Section 12 13 means the rate at which the Administrative Facility Agent in accordance with its normal practices is able on the relevant date to purchase Dollars Yen with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 1 contract

Samples: Loan Agreement (International Shipholding Corp)

Rate of Exchange. The term "rate of exchange" in this Section 12 13 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 1 contract

Samples: Credit Agreement (International Shipholding Corp)

Rate of Exchange. The term "rate of exchange" in this Section 12 13 means the rate at which the Administrative Facility Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.. 53

Appears in 1 contract

Samples: Loan Agreement

Rate of Exchange. The term "rate of exchange" in this Section 12 13 means the rate at which the Administrative Facility Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 1 contract

Samples: Term Loan Credit Facility Agreement (SEACOR Marine Holdings Inc.)

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