Optional Currency means a currency (other than the Base Currency) which complies with the conditions set out in Clause 4.3 (Conditions relating to Optional Currencies).
Optional Currency means a currency (other than the Base Currency) which complies with the conditions set out in clause 4.3 (Conditions relating to Optional Currencies);
Optional Currency means, at any time, Australian Dollars, Canadian Dollars, Euros, New Zealand Dollars, Pounds and Yen, so long as such currency is freely traded and convertible into Dollars in the London Interbank market and a Dollar Equivalent thereof can be calculated.
Examples of Optional Currency in a sentence
Loan shall be funded and payments shall be made in respect of Optional Currencies in the applicable Optional Currency.
All obligations of the Lenders with respect to Letters of Credit will be immediately due and payable in Dollars, provided that the amount of any amounts denominated in an Optional Currency will be redenominated into Dollars.
Letters of Credit denominated in an Optional Currency shall be reimbursed by the applicable Borrower in that Optional Currency.
More Definitions of Optional Currency
Optional Currency means any currency (other than euros) in which a Loan may be denominated under this Agreement.
Optional Currency means any of the following currencies: (i) Australian Dollars, (ii) British Pounds Sterling, (iii) Canadian Dollars, (iv) Euros, and (v) any other currency approved by Agent and all of the Banks pursuant to Section 2.17(d).
Optional Currency means, in relation to any Advance, any currency other than euro, Dollars and Sterling which:
Optional Currency means, in relation to any Advance or proposed Advance, Sterling, U.S. Dollars or any other currency other than euros which is readily available and freely transferable in the London foreign exchange market in sufficient amounts to fund that Advance.
Optional Currency means the euro and any other currency (other than Dollars) which is acceptable to the Banks and the Issuing Bank and is, for the time being, freely transferable and convertible into Dollars in the London Foreign Exchange Market;
Optional Currency means any currency (other than ecu, sterling and dollars) which is freely transferable and freely convertible into dollars.
Optional Currency. Sublimit shall have the meaning specified in Section 2.1.1 [Revolving Credit Loans; Optional Currency Loans]. Order shall have the meaning specified in Section 2.9.9 [Liability for Acts and Omissions]. Original Currency shall have the meaning specified in Section 4.12 [Currency Conversion Procedures for Judgments]. Other Currency shall have the meaning specified in Section 4.12 [Currency Conversion Procedures for Judgments].