Agreed Currency Clause Samples
The Agreed Currency clause defines the specific currency or currencies in which payments under a contract must be made. It typically stipulates that all financial obligations, such as fees, reimbursements, or settlements, are to be conducted in the designated currency, regardless of fluctuations in exchange rates or the parties' home currencies. This clause ensures consistency and predictability in financial transactions, minimizing the risk of disputes or losses due to currency conversion issues.
Agreed Currency. Location and number of Borrower’s account with the Administrative Agent or any other account agreed upon by the Administrative Agent and the Borrower to which proceeds of Borrowing are to be disbursed: 1 If request is in respect of Revolving Loans in a Foreign Currency, please replace this address with the London address from Section 9.01(a)(ii). 2 Not less than applicable amounts specified in Section 2.02(c). 3 Which must comply with the definition of “Interest Period” and end not later than the Maturity Date. The Borrower hereby represents and warrants that the conditions to lending specified in Section[s] [4.01 and]4 4.02 of the Credit Agreement are satisfied as of the date hereof. Very truly yours, SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC, as Borrower By: Name: Title: 4 To be included only for Borrowings on the Effective Date. JPMorgan Chase Bank, N.A., as Administrative Agent for the Lenders referred to below [10 ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: April Yebd Fax: (▇▇▇) ▇▇▇-▇▇▇▇]1 Re: Semiconductor Components Industries, LLC Ladies and Gentlemen: Reference is made to the Amended and Restated Credit Agreement dated as of October 10, 2013 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among Semiconductor Components Industries, LLC, a Delaware limited liability company (the “Borrower”), ON Semiconductor Corporation, a Delaware corporation, the financial institutions party thereto from time to time as Lenders (the “Lenders”), and JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”) for the Lenders. Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Credit Agreement. The Borrower hereby gives you notice pursuant to Section 2.08 of the Credit Agreement that it requests to [convert][continue] an existing Borrowing under the Credit Agreement, and in that connection the Borrower specifies the following information with respect to such [conversion][continuation] requested hereby:
Agreed Currency. 5 If request is in respect of Revolving Loans in a Foreign Currency, please replace this address with the London address from Section 9.01(a)(ii). 6 Not less than applicable amounts specified in Section 2.02(c). 7 Which must comply with the definition of “Interest Period” and end not later than the Maturity Date.
Agreed Currency. Location and number of the applicable Borrower’s account or any other account agreed upon by the Administrative Agent and such Borrower to which proceeds of Borrowing are to be disbursed:
Agreed Currency. 1 Which must comply with the definition of “Interest Period” and end not later than the Maturity Date. Very truly yours, [NEWMARKET CORPORATION, as the Company][[BORROWER], as Borrower] By: Name: Title: JPMorgan Chase Bank, N.A., as Administrative Agent for the Lenders referred to below [ ] [ ] Attention: [ ] Fax: [ ] Re: NewMarket Corporation Ladies and Gentlemen: Reference is hereby made to the Credit Agreement dated as of October 28, 2014 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among NewMarket Corporation (the “Company”), the Foreign Subsidiary Borrowers from time to time party thereto (collectively with the Company, the “Borrowers”), the Lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”). The Company hereby gives you notice pursuant to Section 2.05 of the Credit Agreement that it requests a Swingline Loan under the Credit Agreement, and in that connection the Company specifies the following information with respect to such Swingline Loan requested hereby:
1. Aggregate principal amount of Swingline Loan:1
2. Date of Borrowing (which shall be a Business Day):
3. Location and number of Company’s account or any other account agreed upon by the Administrative Agent and the Borrower to which proceeds of Swingline Loan are to be disbursed:
Agreed Currency. Location and number of the Borrower’s account or any other account agreed upon by the Administrative Agent and the Borrower to which proceeds of Borrowing are to be disbursed: 6 Which must comply with the definition of “Interest Period” and end not later than the Maturity Date. The undersigned hereby represents and warrants that the conditions to lending specified in Section[s] [4.01 and]7 4.02 of the Credit Agreement are satisfied as of the date hereof. Very truly yours, THE ADVISORY BOARD COMPANY, as the Borrower By: Name: Title: 7 To be included only for Borrowings on the Effective Date. JPMorgan Chase Bank, N.A., as Administrative Agent for the Lenders referred to below [10 South Dearborn ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: [ ] Facsimile: ([ ]) [ ]-[ ]]8 Re: The Advisory Board Company Ladies and Gentlemen: Reference is hereby made to the Credit Agreement dated as of February 6, 2015 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among The Advisory Board Company (the “Borrower”), the Lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”). Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Credit Agreement. The Borrower hereby gives you notice pursuant to Section 2.08 of the Credit Agreement that it requests to convert an existing Borrowing under the Credit Agreement, and in that connection the Borrower specifies the following information with respect to such conversion requested hereby:
Agreed Currency. (clause 3.7.2; annex 1, definition) United States Dollars ($).
Agreed Currency. Location and number of the applicable Borrower’s account or any other account agreed upon by the Administrative Agent and such Borrower to which proceeds of Borrowing are to be disbursed: 8 Which must comply with the definition of “Interest Period” and end not later than the Maturity Date. The undersigned hereby represents and warrants that the conditions to lending specified in Section[s] [4.01 and]1 4.02 of the Credit Agreement are satisfied as of the date hereof. Very truly yours, [▇▇▇▇▇▇▇ ▇▇▇▇ (USA), INC., as the Company] [FOREIGN SUBSIDIARY BORROWER, as a Borrower] By: Name: Title: 1 To be included only for Borrowings on the Effective Date. JPMorgan Chase Bank, N.A., as Administrative Agent for the Lenders referred to below [10 South Dearborn ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: [ ] Facsimile: ([ ]) [ ]-[ ]]1 Re: ▇▇▇▇▇▇▇ ▇▇▇▇ (USA), Inc. Ladies and Gentlemen: Reference is hereby made to the Credit Agreement dated as of February 8, 2013 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among ▇▇▇▇▇▇▇ ▇▇▇▇ (USA), Inc. (the “Company”), the Foreign Subsidiary Borrowers from time to time party thereto, the Guarantors from time to time party thereto, the Lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”). Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Credit Agreement. The [undersigned Borrower][Company[, on behalf of Foreign Subsidiary Borrower,]] hereby gives you notice pursuant to Section 2.08 of the Credit Agreement that it requests to convert an existing Borrowing under the Credit Agreement, and in that connection the [undersigned Borrower][Company[, on behalf of Foreign Subsidiary Borrower,]] specifies the following information with respect to such conversion requested hereby:
Agreed Currency. 8 If request is in respect of Loans in a Foreign Currency, please replace this address with the London address from Section 9.01(a)(ii).
Agreed Currency. Location and number of the Borrower’s account or any other account agreed upon by the Administrative Agent and the Borrower to which proceeds of Borrowing are to be disbursed: __________ The undersigned hereby represents and warrants that the conditions to lending specified in Section[s] [4.01 and] 4.02 of the Credit Agreement are satisfied as of the date hereof. Very truly yours, ▇▇▇▇▇▇ CORPORATION, as the Borrower By:______________________________ Name: Title: JPMorgan Chase Bank, N.A., as Administrative Agent for the Lenders referred to below [10 South Dearborn ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: [_______] Facsimile: ([__]) [__]-[_____]] Re: ▇▇▇▇▇▇ Corporation Ladies and Gentlemen: Reference is hereby made to the Third Amended and Restated Credit Agreement dated as of February 17, 2017 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among ▇▇▇▇▇▇ Corporation (the “Borrower”), the Lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”). Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Credit Agreement. The Borrower hereby gives you notice pursuant to Section 2.08 of the Credit Agreement that it requests to [convert][continue] an existing Borrowing under the Credit Agreement, and in that connection the Borrower specifies the following information with respect to such [conversion][continuation] requested hereby:
Agreed Currency. (clause 3.7.2; annex 1, definition) [specify] 12. Payment Account (clause 3.7.2; annex 1, definition) [specify]