Denomination Date definition

Denomination Date means, in relation to any Alternative Currency Borrowing, the date that is three Business Days before the date such Borrowing is made.

Denomination Date means at anytime, in relation to any Alternative Currency Borrowing, the date that is two Business Days before the later of (a) the date such Borrowing is made and (b) the date of the most recent conversion or continuation of such Borrowing pursuant to Section 2.05.

Denomination Date at any time, in relation to any Alternative Currency Borrowing, the date that is two Business Days before the later of (a) the date such Borrowing is made and (b) the date of the most recent conversion or continuation of such Borrowing pursuant to Section 2.13.

Examples of Denomination Date in a sentence

• For purposes of this Section, any Eurocurrency Revolving Borrowing shall be deemed to be in an amount equal to the Equivalent Dollar Amount of such Eurocurrency Revolving Borrowing determined as of its Denomination Date.

• For purposes of this Section, any Eurocurrency Borrowing shall be deemed to be in an amount equal to the Equivalent Dollar Amount of such Eurocurrency Borrowing determined as of its Denomination Date.

• For purposes of determining the Spot Exchange Rate in connection with an Alternative Currency Borrowing, such Spot Exchange Rate shall be determined as of the Denomination Date for such Borrowing with respect to transactions in the applicable Alternative Currency that will settle on the date of such Borrowing, and, upon the Company’s request, the Administrative Agent shall inform the Company of such Spot Exchange Rate.

• The Administrative Agent shall determine the U.S. Dollar Equivalent of any Loan, Letter of Credit or LC Disbursement denominated in any Approved Currency using the Exchange Rate for such currency in relation to dollars in effect on each Denomination Date therefor, and each such amount shall be the U.S. Dollar Equivalent of such Loan, Letter of Credit or LC Disbursement until the next required calculation thereof pursuant to this sentence.

• For the purposes of this Section 2.05(b), the amount outstanding under any Eurocurrency Loan denominated in an Alternative Currency at any time shall be the Dollar Equivalent thereof as of the Denomination Date.

More Definitions of Denomination Date

Denomination Date means (a) in relation to any Borrowing in an Alternative Currency, the date that is three Banking Days prior to the date such Borrowing is made and in the case of a renewal of, or conversion to, such a Loan, the date that is three Banking Days prior to the date of such renewal or conversion, and (b) in relation to any Letter of Credit payable in an Alternative Currency the date such Letter of Credit is issued or, in the case of Letters of Credit to fund insurance payments, renewed, as applicable.

Denomination Date means each of the following: (i) each date of issuance of a Letter of Credit denominated in an Alternative Currency, (ii) each date of an amendment of any Letter of Credit denominated in an Alternative Currency having the effect of increasing the amount thereof, (iii) each date of any LC Disbursement with respect to any Letter of Credit denominated in an Alternative Currency, and (iv) such additional dates as the Administrative Agent or the Issuing Bank shall determine.

Denomination Date means, in relation to any Alternative Currency Advance, the date that is three Business Days before the date such Borrowing is made.

Denomination Date means, in relation to any Alternative Currency Borrowing, the date that is three Business Days before the date such Borrowing

Denomination Date means (a) with respect to any Loan, each of the following: (i) the first Business Day of each calendar month, (ii) each date of a Borrowing of a Eurodollar Rate Loan denominated in an Approved Currency (solely with respect to such Borrowing), (iii) each date of a continuation of a Eurodollar Rate Loan denominated in an Approved Currency pursuant to Section 2.02 (solely with respect to such Eurodollar Rate Loan), and (iv) such additional dates as the Administrative Agent shall determine (but, unless an Event of Default has occurred and is continuing, in no event more than once during any calendar month); and (b) with respect to any Letter of Credit, each of the following: (i) each date of issuance of a Letter of Credit denominated in an Approved Currency, (ii) each date of an amendment of any Letter of Credit denominated in an Approved Currency having the effect of increasing the amount thereof, (iii) each date of any LC Disbursement with respect to any Letter of Credit denominated in an Approved Currency, and (iv) such additional dates as the Administrative Agent or the Issuing Bank shall determine (but, unless an Event of Default has occurred and is continuing, in no event more than once during any calendar month).

Denomination Date means, (a) in determining the Assigned Dollar Value of any European Swingline Loan, in determining the conversion to Dollars of all Foreign Currency Loans pursuant to Section 3.1(f), or in determining the Assigned Dollar Value of all Foreign Currency Loans pursuant to Section 3.10(g), the same Business Day on which such determination is made, (b) in determining the Assigned Dollar Value of any Foreign Currency Loans to be made, continued or converted, the date that is two Business Days before the date on which the applicable Foreign Currency Loan is made, continued or converted, and (c) with respect to any determination of any Denomination Date, from time to time by the Administrative Agent in its sole discretion.

Denomination Date means (a) in relation to any Alternative Currency Borrowing, the date that is three Business Days before the date such Borrowing is made, (b) in relation to any Letter of Credit denominated in the Alternate Currency, the most recent date that is (i) the date three Business Days before the date of issuance or renewal of such Letter of Credit (the "INITIAL VALUATION DATE") or (ii) a date corresponding to the Initial Valuation Date in the third, sixth or ninth month following the month in which the Initial Valuation Date shall have occurred and (c) in relation to any LC Disbursement, the Denomination Date applicable to the Letter of Credit under which such LC Disbursement shall have been made.