Alternate Currencies definition

Alternate Currencies means Euros and Pounds Sterling.

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Alternate Currencies means collectively, (i) Euros or (ii) Pounds; each sometimes individually referred to herein as an “Alternate Currency”.

Alternate Currencies means all Agreed Currencies other than Dollars.

Examples of Alternate Currencies in a sentence

The Administrative Agent or an Issuing Bank, as applicable, shall determine the Spot Rates as of each Revaluation Date to be used for calculating Dollar Equivalent amounts of Loans and Letters of Credit denominated in Alternate Currencies.
For purposes of calculating the “unused” amount of the Acquisition Commitments, Acquisitions Loans made in Alternate Currencies shall be deemed to be outstanding in the Equivalent Amount, calculated as of the date each Acquisition Loan was made.
At all times prior to the occurrence of a Default or Event of Default, any assignee hereunder shall certify upon acceptance of the assignment that it will make available to the Borrowers all Alternate Currencies specified in this Agreement on the terms and conditions set forth herein.
For purposes of preparing the financial statements, calculating financial covenants and determining compliance with covenants expressed in Dollars, Optional Currencies, Alternate Currencies and other non-Dollar currencies shall be converted to Dollars on a weighted average basis in accordance with GAAP.
The Administrative Agent will promptly (and in any event within one (1) Business Day after receipt thereof (or, with respect to Euro-Dollar Loans denominated in Alternate Currencies, one (1) Euro-Dollar Business Day, after receipt thereof)) distribute to each Bank its ratable share of each such payment received by the Administrative Agent for the account of the Banks.

More Definitions of Alternate Currencies

Alternate Currencies mean a currency or currencies other than the Reference Currency.

Alternate Currencies means collectively, (i) Sterling, and Canadian Dollars and (ii) such other currencies as shall be requested by Borrower to be an Alternate Currency hereunder subject to the approval of Agent and all of the Lenders in their sole and absolute discretion; (each, an "Alternate Currency").

Alternate Currencies means the lawful currency of each of Canada, the United Kingdom, Japan and the member states of the European Union and any other currency (i) that is freely traded, (ii) in which deposits are customarily offered to banks in the London interbank market, (iii) which is convertible into U.S. Dollars in the international interbank market, (iv) as to which a U.S. Dollar Amount may be readily calculated and (v) which is consented to in advance in writing by the Agent and all of the Lenders.

Alternate Currencies collectively, (i) German Marks, Japanese Yen and Sterling Pounds and (ii) such other currencies as shall be requested by the Borrower to be an Alternate Currency hereunder subject to the approval of the Administrative Agent and all of the Lenders in their sole and absolute discretion (each, an "Alternate Currency").

Alternate Currencies means collectively, (i) Euros or (ii) Pounds; each sometimes individually referred to herein as an “Alternate Currency”. “Alternate Currency Equivalent” means, at any time, with respect to any amount denominated in Dollars, the equivalent amount thereof in the

Alternate Currencies means Sterling and Canadian Dollars.

Alternate Currencies means the Euro, the Swiss Franc and the Japanese Yen; provided that a currency shall be deemed to be an Alternate Currency only if it is freely convertible into U.S. Dollars and available to be borrowed in the London interbank market.