US Dollar Amount definition

US Dollar Amount means, at any time, (a) as to any amount denominated in US Dollars, the amount thereof at such time and (b) as to any amount denominated in any other currency, the Equivalent Amount in US Dollars.

US Dollar Amount means at any time with respect to outstanding Loans under the Credit Facility, the aggregate of (a) the amount in Dollars of all Loans that are denominated in Dollars, and (b) the U.S. Dollar Equivalent at such time of all Loans that are denominated in Canadian Dollars.

US Dollar Amount means, for any amount on any particular date, the aggregate of: (a) the portion, if any, of the amount denominated in US Dollars; and (b) the amount in US Dollars (determined on that date unless otherwise specified herein in accordance with Section 1.4) of the portion, if any, of the amount denominated in Canadian Dollars or any other relevant currency.

Examples of US Dollar Amount in a sentence

• The Facility Agent must notify the Lenders and the Company of the relevant US Dollar Amount (and the applicable Agent’s Spot Rate of Exchange) promptly after they are ascertained.

• Except as set forth in Schedule 3.05, each of such leases and subleases with annual rents and other payments equal to or in excess of the U.S. Dollar Amount of U.S. $10,000,000 is valid and enforceable in accordance with its terms and is in full force and effect, and no default by any Loan Party, and to the knowledge of any Responsible Officer of either Loan Party, by any other party, to any such lease or sublease exists.

• With respect to owned, leased or subleased properties where the book value, annual rents or other payments are less than the U.S. Dollar Amount of U.S. $10,000,000, no more than the U.S. Dollar Amount of U.S. $50,000,000 in the aggregate of such properties fail to comply with this Section 3.05.

• If at any time the Lender determines that the U.S. Dollar Amount outstanding under the Credit Facility exceeds the Credit Facility Amount, then upon written notice from the Lender to such effect, the Borrowers will, within 24 hours, make a prepayment of the Credit Facility in an amount equal to such excess.

• By the issuance of a Letter of Credit (or an amendment to a Letter of Credit increasing the amount thereof) and without any further action on the part of the applicable Issuing Bank or the Revolving Lenders, such Issuing Bank hereby grants to each Revolving Lender, and each Revolving Lender hereby acquires from such Issuing Bank, a participation in such Letter of Credit equal to such Lender’s Applicable Percentage of the U.S. Dollar Amount available to be drawn under such Letter of Credit.

More Definitions of US Dollar Amount

US Dollar Amount of any currency at any time means (i) the amount of such currency if such currency is U.S. Dollars or (ii) the equivalent in U.S. Dollars if such currency is a Foreign Currency, calculated on the basis of the Exchange Rate for such currency on or as of the most recent Computation Date provided for in Section 2.04.

US Dollar Amount means as of any date of determination as to any amount denominated in any currency other than United States dollars, the equivalent amount in United States dollars as determined by Agent on such date by reference to the Spot Rate for the purchase of United States dollars with such currency.

US Dollar Amount means (a) if a Letter of Credit is denominated in Dollars, its amount; or (b) if a Letter of Credit denominated in an Optional Currency, its equivalent in Dollars calculated on the basis of the relevant Issuing Bank’s Spot Exchange Rate on the date of determination for that Letter of Credit.

US Dollar Amount of any currency at any date shall mean (a) the amount of such currency if such currency is Dollars or (b) the equivalent amount of such currency in Dollars, calculated on the basis of the arithmetical mean of the buy and sell spot rates of exchange of the Administrative Agent for such other currency on the London market at 11:00 a.m., London time (or, in the case of Canadian Dollars, 10:00 a.m., Toronto, Ontario time), on the date on or as of which such amount is to be determined.

US Dollar Amount means, in relation to any amount denominated in a currency other than U.S. Dollars, the amount converted into U.S. Dollars at the spot rate of exchange for the purchase by MGL of that currency with U.S. Dollars in the Sydney foreign exchange market on the Currency Conversion Date determined by MBL in good faith having regard to the latest available market data;

US Dollar Amount. On any date of determination, (a) with respect to any amount in U.S. Dollars, such amount, and (b) with respect to any amount in an Agreed Currency, the Equivalent Amount in U.S. Dollars of such amount, determined by Agent pursuant to Section 2.2 using the Exchange Rate with respect to such Agreed Currency at the time in effect.

US Dollar Amount means on any date of computation, (a) with respect to U.S. Dollars or an amount denominated in Dollars, such amount and (b) with respect to an amount of Canadian Dollars or an amount denominated in Canadian Dollars, the U.S. Dollar Equivalent of such amount.