Additional Multicurrency Loan and Multicurrency Letter of Credit Provisions Clause Samples

Additional Multicurrency Loan and Multicurrency Letter of Credit Provisions. (a) [Intentionally Omitted]. (b) [Intentionally Omitted]. (c) Repayment of Multicurrency Extensions of Credit. (i) Multicurrency Extensions of Credit shall be paid in the Alternative Currency so denominated, in same day funds, without setoff or counterclaim, by Borrower when due into such account at such financial institution as the Administrative Agent may from time to time specify in writing to the Borrower as being applicable to such Multicurrency Extensions of Credit. (ii) If, after any Multicurrency Obligation is outstanding, currency control or exchange regulations are imposed in the country which issues such currency with the result that the currency in which such Multicurrency Obligation is denominated no longer exists, or Borrower is not able

Additional Multicurrency Loan and Multicurrency Letter of Credit Provisions