Utilization of Offshore Currencies. In the case of a proposed Issuance of a Letter of Credit denominated in an Offshore Currency, the applicable Issuer shall be under no obligation to issue such Letter of Credit if such Issuer cannot issue Letters of Credit denominated in the requested Offshore Currency, in which event such Issuer will give notice to the Company no later than 10:30 a.m. (local time) on the third Business Day prior to the date of such issuance that the Issuance in the requested Offshore Currency is not then available. If the applicable Issuer shall have so notified the Company that any such Issuance in a requested Offshore Currency is not then available, then such requested Letter of Credit shall not be issued unless the Company, by notice to such Issuer not later than 5:00 p.m. (local time) three Business Days prior to the requested date of such Issuance, requests that the Letter of Credit be denominated in Dollars and issued in an equivalent aggregate amount, in which case the Letter of Credit shall be so denominated and issued.
Utilization of Offshore Currencies. (a) The Bank will determine the Dollar Equivalent amount with respect to any (i) Borrowing comprised of Offshore Currency Loans as of the requested Borrowing Date, (ii) any Letter of Credit denominated in an Offshore Currency as of the requested issuance date, (iii) outstanding Offshore Currency Loans and Letters of Credit denominated in an Offshore Currency as of the last Banking Day of each month, and (iv) outstanding Offshore Currency Loans as of any redenomination date pursuant to this SECTION 2.5 or SECTION 3.5 (each such date under clauses (i) through (iii) a "COMPUTATION DATE").
Utilization of Offshore Currencies. 24 2.6 Voluntary Termination or Reduction of Commitment; Optional Prepayments. . . . . . . . . . . . . . . . 26 2.7 Currency Exchange Fluctuations . . . . . . . . . . . . . . . . . . 27 2.8 Repayment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 2.9
Utilization of Offshore Currencies. 56 ARTICLE IV TAXES, YIELD PROTECTION AND ILLEGALITY.............................56 4.01 Taxes.............................................................. 4.02 Illegality........................................................57 4.03 Increased Costs and Reduction of Return...........................58 4.04
Utilization of Offshore Currencies. (a) Syndicated Loans shall be available only in Offshore Currencies and in Dollars.
Utilization of Offshore Currencies. 50 3.11 Currency Exchange Fluctuations . . . . . . . . . . . . . . 51
Utilization of Offshore Currencies. (a) The Agent will determine the Dollar Equivalent amount with respect to (i) any Letter of Credit denominated in an Offshore Currency as of the requested issuance date, and (ii) outstanding Letters of Credit denominated in an Offshore Currency as of the last Business Day of each month (each such date under clauses (i) and (ii) a "Computation Date"). The Agent will provide the Company with the amount determined pursuant to clause (ii) promptly following the end of each month.
Utilization of Offshore Currencies. (i) Administrative Agent will determine the Dollar Equivalent amount with respect to (A) any Letter of Credit denominated in an Offshore Currency as of the requested issuance date, and (B) outstanding Letters of Credit denominated in an Offshore Currency as of the last Business Day of each month (each such date under clauses (A) and (B) a "Computation Date"). Administrative Agent will provide Borrower with the amount determined pursuant to clause (ii) promptly following the end of each month.
Utilization of Offshore Currencies. 38 4.2. Interest Rate Options............................................40 4.3. Conversions and Elections of Subsequent Interest Periods.........40 4.4.
Utilization of Offshore Currencies. (a) Each request for a Tranche B Loan or Letter of Credit in an Offshore Currency shall constitute the Borrower's request for (i) a Tranche B Loan or Letter of Credit, as the case may be, of the Dollar Equivalent Amount of the amount of the Offshore Currency specified in such Borrowing Notice or request for a Letter of Credit and (ii) such Tranche B Loan or Letter of Credit, as the case may be, to be made available by the Lenders or the applicable Issuing Bank, as the case may be, to or for the account of the Borrower in the Offshore Currency Equivalent Amount of such Dollar Equivalent Amount. The principal amount outstanding on any Tranche B Loan made in an Offshore Currency shall be recorded in the Agent's records in Dollars as if the Tranche B Loan had initially been made in Dollars, in the Dollar Equivalent Amount of such Tranche B Loan, as reduced from time to time by the Dollar Equivalent Amount of any principal payments with respect to such Tranche B Loan. The principal amount outstanding on any Letter of Credit issued in an Offshore Currency shall be recorded in the Applicable Issuing Bank's records in Dollars as if the Letter of Credit had been issued in Dollars in the Dollar Equivalent Amount of such Letter of Credit, as such amount may be adjusted as provided in the definition of "Advance Date Exchange Rate". For the purposes of determining the maximum amount of Tranche B Outstandings hereunder, it is intended by the parties that all Tranche B Loans shall be the functional equivalent of Tranche B Loans made and repaid in Dollars and shall be included in such determination based on their Dollar Equivalent Amount as determined from time to time as set forth herein. For the purposes of determining the maximum amount of Letter of Credit Outstandings and Tranche B Outstandings hereunder, it is intended by the parties that all Letters of Credit shall be the functional equivalent of Letters of Credit made and repaid in Dollars and shall be included in such determination based on their Dollar Equivalent Amount as determined from time to time as set forth herein. It is recognized that some Lenders may elect to record Offshore Rate Loans in Offshore Currencies. The Agent shall maintain records (which records, with respect to Letters of Credit, shall be based upon information furnished to the Agent by the Issuing Banks) sufficient to identify at any time (i) the Advance Date Exchange Rate with respect to, and Dollar Equivalent Amount of, each Tranche B Loa...
