Total Offshore Currency Sublimit definition

Total Offshore Currency Sublimit means, with respect to the principal amount of Loans outstanding in Offshore Currencies, the Dollar Equivalent Amount of $305,000,000.
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Total Offshore Currency Sublimit in SECTION 1.1 of the Credit Agreement is hereby amended by deleting the figure "$305,000,000" appearing therein and inserting in lieu thereof the figure "$315,000,000."
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Total Offshore Currency Sublimit means $650,000,000; provided that in determining whether such amount has been exceeded, (i) there shall be excluded the Dollar Equivalent Amount of FIP L/Cs and of Loans in British pounds sterling used to make FIP Holder Payments and (ii) the International Swing Line Facility unless it shall have been terminated shall be assumed to be fully funded in Offshore Currencies.
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Examples of Total Offshore Currency Sublimit in a sentence

  • Such Revolving Loans may be Offshore Rate Loans or Base Rate Loans, except that all Base Rate Loans shall be in Dollars and, after giving effect to all Revolving Loan Outstandings in Offshore Currencies, subject to SECTION 2.11(b), the Dollar Equivalent Amount of all Revolving Loan Outstandings in Offshore Currencies shall not exceed the Total Offshore Currency Sublimit.

  • Such Revolving Loans may be Offshore Rate Loans or Base Rate Loans, except that all Base Rate Loans shall be in Dollars and, after giving effect to all Revolving Loan Outstandings in Offshore Currencies, and, after giving effect to all Term Loan Outstandings in Offshore Currencies, subject to SECTION 2.11(b), the Dollar Equivalent Amount of all Revolving Loan Outstandings and Term Loan Outstandings in Offshore Currencies shall not exceed the Total Offshore Currency Sublimit.

  • Such Revolving Loans may be Offshore Rate Loans or Base Rate Loans, except that all Base Rate Loans shall be in Dollars and, after giving effect to all Revolving Loan Outstandings in Offshore Currencies, subject to Section 2.11(b) ,the Dollar Equivalent Amount of all Revolving Loan Outstandings in Offshore Currencies shall not exceed the Total Offshore Currency Sublimit.