Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank with respect thereto and all respective Lenders of such Facility with respect thereto in their sole discretion and (ii) with respect to any Loan, any currency other than Dollars that is approved in accordance with Section 1.05.
Offshore Currency means any lawful currency (other than dollars) that the relevant Issuing Bank with respect to any Offshore Currency Letter of Credit, in its sole reasonable opinion, at any time determines to be (a) freely traded in the offshore interbank foreign exchange markets, (b) freely transferable and (c) freely convertible into dollars.
Alternate Currency Letter of Credit means any Letter of Credit denominated in an Alternate Currency.
Alternate Currency Loan means any Loan denominated in an Alternate Currency.
Alternative Currency means each of Euro, Sterling, Yen and each other currency (other than Dollars) that is approved in accordance with Section 1.06.
Alternative Currency Daily Rate means, for any day, with respect to any Credit Extension:
Applicable Currency means as to any particular payment or Loan, Dollars or the Alternative Currency in which it is denominated or is payable.
Foreign Currency LC Exposure means, at any time, the sum of (a) the Dollar Amount of the aggregate undrawn and unexpired amount of all outstanding Foreign Currency Letters of Credit at such time plus (b) the aggregate principal Dollar Amount of all LC Disbursements in respect of Foreign Currency Letters of Credit that have not yet been reimbursed at such time.
Dollar Equivalent of the Foreign Currency has the meaning specified in Section 312(f).
Alternative Currency Letter of Credit means a Letter of Credit denominated in an Alternative Currency.
Dollar Equivalent of the Currency Unit shall be determined by the Exchange Rate Agent and subject to the provisions of paragraph (h) below shall be the sum of each amount obtained by converting the Specified Amount of each Component Currency into Dollars at the Market Exchange Rate for such Component Currency on the Valuation Date with respect to each payment.
Alternative Currencies means any currency (other than Dollars) approved by the Administrative Agent and the applicable Issuing Bank.
Offshore Currency Loan means any Offshore Rate Loan denominated in an Offshore Currency.
Alternative Currency Daily Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Daily Rate.” All Alternative Currency Daily Rate Loans must be denominated in an Alternative Currency.
Foreign Currency Letter of Credit means a Letter of Credit denominated in a Foreign Currency.
Approved Currency means Dollars and any Alternative Currency.
Alternative Currency Loan means an Alternative Currency Daily Rate Loan or an Alternative Currency Term Rate Loan, as applicable.
Index Currency means USD.
Canadian Dollar Equivalent of any amount which is expressed in United States Dollars means, on any date, the Canadian dollar equivalent of such amount determined by multiplying such amount by the U.S. - Canadian Exchange Rate in effect on such date;
Reference Currency means the currency specified as such in the applicable Final Terms.
Designated LIBOR Currency means the currency or composite currency specified on the face hereof as to which LIBOR shall be calculated. If no such currency or composite currency is specified on the face hereof, the Designated LIBOR Currency shall be United States dollars.
Available Currency means Dollars, Euros and Sterling.
Agreed Currency means Dollars or any Alternative Currency, as applicable.
National Currency means the currency, other than the Euro, of a Participating Member State.
Eligible Currency means each currency specified as such in Paragraph 11(a)(ii), if such currency is freely available.
Foreign Currency Loan means a Revolving Loan denominated in a Foreign Currency.