Common use of Spot Exchange Rate Calculations Clause in Contracts

Spot Exchange Rate Calculations. (a)(i) Not later than -------------------------------- 2:00 p.m., Toronto time, on each Calculation Date, the Canadian Administrative Agent shall (A) determine the Spot Exchange Rate as of such Calculation Date with respect to Canadian Dollars if at such time C $ Revolving Loans are then outstanding and (B) give notice thereof to the Canadian Borrower and the C $ Revolving Lenders.

Spot Exchange Rate Calculations. (a)(i) Not later than -------------------------------- 2:00 p.m., Toronto time, on each Calculation Date, the Canadian Administrative Agent shall (A) determine the Spot Exchange Rate as of such Calculation Date with respect to Canadian Dollars if at such time C $ Revolving Loans are then outstanding and (B) give notice thereof to the Canadian Borrower and the C $ Revolving Lenders.

Spot Exchange Rate Calculations. (a)(ia) (i) Not later than -------------------------------- 2:00 p.m., Toronto time, on each Calculation Date, the Canadian Administrative Agent shall (A) determine the Spot Exchange Rate as of such Calculation Date with respect to Canadian Dollars if at such time C $ Revolving Credit Loans denominated in Canadian Dollars are then outstanding and (B) give notice thereof to the Parent Borrower, the Canadian Borrower and the C $ Revolving Credit Lenders.

Spot Exchange Rate Calculations. (a)(ia) (i) Not later than -------------------------------- 2:00 p.m., Toronto time, on each Calculation Date, the Canadian Administrative Agent shall (A) determine the Spot Exchange Rate as of such Calculation Date with respect to Canadian Dollars if at such time C $ Revolving Canadian Prime Rate Loans or B/A Borrowings are then outstanding and (B) give notice thereof to the Canadian Borrower Borrowers and the C $ Canadian Revolving Lenders.