Alternate Currency Sublimit definition

Alternate Currency Sublimit means a Dollar Equivalent Amount of Loans denominated in an Alternate Currency and Alternate Currency Letter(s) of Credit (and, to the extent expressly provided herein, Loans and Letters of Credit denominated in Dollars), equal to the aggregate Dollar Equivalent Amount of the Banks’ Alternate Currency Commitments, as such amount may be increased in accordance with Section 2.1(b) from time to time.

Alternate Currency Sublimit means the Dollar Equivalent of the portion of the Aggregate Commitment up to which Lenders have agreed to make Alternate Currency Loans and/or issue Alternate Currency Letters of Credit (subject to the L/C Commitment), being Two Million Dollars ($2,000,000).

Alternate Currency Sublimit means $50,000,000.

Examples of Alternate Currency Sublimit in a sentence

• Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 4.7 hereof, and (ii) if at any time the Dollar Equivalent of all Alternate Currency Exposure exceeds the Alternate Currency Sublimit, then the Borrowers shall make a prepayment of Alternate Currency Loans and/or furnish cash collateral reasonably satisfactory to Administrative Agent or repay the L/C Obligations for the Alternate Currency Letters of Credit in the amount of such excess.

• The amount of any such reduction of the Aggregate Commitments shall not be applied to the Alternate Currency Sublimit unless otherwise specified by the Company.

• The reference in the definitions of "Alternate Currency Commitment" and "Alternate Currency Sublimit" to "$150,000,000" is hereby deleted and "$250,000,000" substituted therefore.

• The Exchange Rate so determined shall become effective on the date of the proposed Borrowing for the purpose of determining the availability of the Commitments under the Alternate Currency Sublimit (it being understood that such availability shall be calculated and determined by applying such Exchange Rate to the aggregate principal amount of Advances which are outstanding on such Borrowing date).

• The Administrative Agent will promptly notify the Lenders of any termination or reduction of the Letter of Credit Sublimit, the Swingline Sublimit, the Alternate Currency Sublimit, the UK Borrower Sublimit, the Alternate Currency LC Sublimit or the Aggregate Commitments under this Section 2.04.

More Definitions of Alternate Currency Sublimit

Alternate Currency Sublimit means an amount equal to the lesser of (a) the Aggregate Revolving Commitments, and (b) $50.0 million. The Alternate Currency Sublimit is part of, and not in addition to, the Aggregate Revolving Commitments.

Alternate Currency Sublimit shall have the meaning assigned to such term in Section 2.01(a).

Alternate Currency Sublimit means the Dollar Equivalent of the portion of the Aggregate Commitment up to which Lenders have agreed to make

Alternate Currency Sublimit. US$35,000,000.

Alternate Currency Sublimit means $200,000,000; provided that if at any time the Total Commitment is increased pursuant to Section 1.16, then the Alternate Currency Sublimit may be increased by an equivalent amount by written notice thereof delivered by the Borrower to the Administrative Agent at the time the Total Commitment is so increased.

Alternate Currency Sublimit means $250,000,000.

Alternate Currency Sublimit means an amount equal to 50% of the Total Commitment as then in effect.