Alternative Currencies means any currency (other than Dollars) approved by the Administrative Agent and the applicable Issuing Bank.
Alternative Currencies means Euro, Sterling and any other currency reasonably acceptable to the Administrative Agent and each applicable Revolving Multicurrency Lender that is freely convertible into Dollars and readily available in the London interbank market.
Alternative Currencies means (a) Euro, (b) Sterling, (c) Yen and (d) each other currency (other than Dollars) approved in accordance with Section 1.08.
Examples of Alternative Currencies in a sentence
Without the written consent of the Company, no such assignment shall be made to any Person that, on the effective date of such assignment, through its Lending Offices, (A) is not capable of lending to the Borrowers without the imposition of any additional Taxes or Mandatory Costs that would require indemnification payments by any of the Borrowers under this Agreement or (B) is not capable of lending in the Alternative Currencies or at the applicable interest rates.
More Definitions of Alternative Currencies
Alternative Currencies means (a) Dollars, (b) Euros, (c) Sterling and (d) such other currencies as are acceptable to each Alternative Currency Revolving Lender, the Administrative Agent and, in the case of Alternative Currency Letters of Credit, the applicable Issuing Bank.
Alternative Currencies means Agreed Currencies other than Dollars.
Alternative Currencies means, with respect to any Loan,
Alternative Currencies. Euros and Sterling.
Alternative Currencies means Euros and, in the case of any Incremental Facility or Refinancing Loans, any currency agreed to by the Administrative Agent, the Borrower and each Lender providing such Incremental Facility or Refinancing Loans (in its sole discretion); provided that, in each case, each such other currency is a lawful currency that is readily available, freely transferable and not restricted and able to be converted into Dollars in the London interbank deposit market.
Alternative Currencies means (a) in the case of any Letter of Credit, Euros, Pounds Sterling and Canadian Dollars, (b) in the case of any New Term Commitments, any currency agreed to by the Borrower, the Administrative Agent and the Lenders providing such New Term Commitments and (c) in the case of any New Revolving Credit Commitments, any currency agreed to by the Borrower, the Administrative Agent and all Revolving Credit Lenders; provided that in the case of immediately preceding clause (b), such Alternative Currency shall (i) only be permitted to the extent it is administratively feasible for the Administrative Agent to provide agency services for products denominated in such Alternative Currency (as determined by the Administrative Agent in its reasonable discretion) and (ii) be subject to Section 2.08(e) hereof.
Alternative Currencies means (a) for the U.S. Tranche, each of Euro, Sterling, Yen, Peso and Canadian Dollars, (b) for the Euro Tranche, each of Dollars, Sterling and Yen, and (c) for each Supplemental Tranche, each alternative currency set forth in the Supplemental Addendum. Prologis may from time to time request that Credit Extensions be made in a currency other than those specifically listed in this definition of “Alternative Currency;” provided that such requested currency is a lawful currency (and in no event the currency of a Sanctioned Country) that is readily available and freely transferable and convertible into Dollars (in the case of the U.S. Tranche) and Euros (in the case of the Euro Tranche). In the case of any such request with respect to the making of any Credit Extensions, such request shall be subject to the approval of Global Administrative Agent, the applicable Funding Agent, the applicable L/C Issuer (but only to the extent Letters of Credit may be issued in such Alternative Currency), the applicable Swing Line Lender (if any) (but only to the extent Swing Line Loans may be made in such Alternative Currency), and the applicable Tranche Required Lenders.