Designated Foreign Currencies definition

Designated Foreign Currencies. Australian dollars, Canadian dollars, Euros, Hong Kong dollars, New Zealand dollars, Singapore dollars, Sterling, Swiss francs, Indian rupees, Korean won, Mexican pesos, Yen and other currencies to be agreed upon by the Issuing Lenders.

Designated Foreign Currencies. Canadian Dollars.

Designated Foreign Currencies the currencies set forth on Schedule D and any other available and freely convertible foreign currency selected by the Borrower and approved by the Administrative Agent and all of the Revolving Credit Lenders in accordance with subsection 13.1(b).

Examples of Designated Foreign Currencies in a sentence

• The Exchange Rates so determined shall become effective on the first Business Day immediately following the relevant Calculation Date (a “Reset Date”) or other date of determination, shall remain effective until the next succeeding Reset Date, and shall for all purposes of this Agreement (other than Section 10.14 or any other provision expressly requiring the use of a current Exchange Rate) be the Exchange Rates employed in converting any amounts between US Dollars and Designated Foreign Currencies.

• Borrowings of more than one Type and Class may be outstanding at the same time; provided that there shall not at any time be outstanding more than a total of (i) 15 Eurocurrency Revolving Borrowings denominated in US Dollars and (ii) 15 Eurocurrency Revolving Borrowings denominated in Designated Foreign Currencies.

• The Exchange Rates so determined shall become effective on the first Business Day immediately following the relevant Calculation Date (a “Reset Date”), shall remain effective until the next succeeding Reset Date, and shall for all purposes of this Agreement (other than Section 10.11 or any other provision expressly requiring the use of a current Exchange Rate) be the Exchange Rates employed in converting any amounts between US Dollars and Designated Foreign Currencies.

• The Exchange Rates so determined shall become effective on the first Business Day immediately following the relevant Calculation Date (a “Reset Date”), shall remain effective until the next succeeding Reset Date, and shall for all purposes of this Agreement (other than Section 11.13 or any other provision expressly requiring the use of a current Exchange Rate) be the Exchange Rates employed in converting any amounts between US Dollars and Designated Foreign Currencies.

• The Exchange Rates so determined shall become effective on the first Business Day immediately following the relevant Calculation Date (a “Reset Date”), shall remain effective until the next succeeding Reset Date, and shall for all purposes of this Agreement (other than Section 9.13 or any other provision expressly requiring the use of a current Exchange Rate) be the Exchange Rates employed in converting any amounts between US Dollars and Designated Foreign Currencies.

More Definitions of Designated Foreign Currencies

Designated Foreign Currencies means Canadian Dollars, Pounds Sterling, Euros, and any other currency acceptable to the Administrative Agent, each applicable Lender and, in the case of Letters of Credit, the L/C Issuer, that is freely convertible into Dollars and readily available in the London interbank market and designated in writing by the Administrative Agent, each applicable Lender, the Borrower and, in the case of Letters of Credit, the L/C Issuer, as a “Designated Foreign Currency.”

Designated Foreign Currencies. (x) in the case of U.S. Facility Revolving Credit Loans or Letters of Credit, (1) Euro and Pounds Sterling and, solely with respect to U.S. Facility Letters of Credit, Australian dollars and New Zealand dollars and (2) each other currency designated by any U.S. Borrower, in each case in this clause (2), to the extent such currency is available to all U.S. Facility Lenders or agreed to by each U.S. Facility Issuing Lender and (y) in the case of Canadian Facility Revolving Credit Loans or Letters of Credit, each currency designated by any Borrower, in each case in this clause (y), to the extent such currency is available to all Canadian Facility Lenders or agreed to by each Canadian Facility Issuing Lender.

Designated Foreign Currencies. (x) in the case of Tranche B Euro Term Loans, Euros, and (y) in the case of Revolving Credit Loans, the currencies set forth on Schedule D and any other available and freely convertible foreign currency selected by the Parent Borrower and approved by the Administrative Agent and all of the Revolving Credit Lenders in accordance with subsection 11.1(b).

Designated Foreign Currencies in the case of U.S. Facility Revolving Credit Loans or Letters of Credit, Euro and Pounds Sterling.

Designated Foreign Currencies means the currencies set forth on Schedule B and any other available and freely convertible foreign currency requested by the Company and approved by the Administrative Agent and all of the Lenders in accordance with Section 13.02(c)(v).

Designated Foreign Currencies the currencies set forth on Schedule C.

Designated Foreign Currencies. Euros and Pounds Sterling, and any other available and freely convertible foreign currency selected by Parent Borrower and approved by the Administrative Agent and the Syndication Agent.