Common use of Alternative Currency Sublimit Clause in Contracts

Alternative Currency Sublimit. If, as of the most recent Revaluation Date or at any time (as determined by the Agent under Section 2.4(b)(vi)), (A) solely because of currency fluctuation, the Alternative Currency Outstandings exceed one hundred and five percent (105%) of the Alternative Currency Sublimit or (B) for any other reason, the Alternative Currency Outstandings exceed the Alternative Currency Sublimit, then, in each such case, the Borrowers shall, if (and to the extent) necessary to eliminate such amount in excess of the Alternative Currency Sublimit, immediately repay outstanding Alternative Currency Revolving Credit Loans and/or Cash Collateralize any L/C Obligations with respect to any Letters of Credit denominated in an Alternative Currency then outstanding (and/or reduce any pending requests for a borrowing or continuation or conversion of such Loans submitted in respect of such Loans on such day) by the Dollar Amount of such amount in excess of the Alternative Currency Sublimit.

Alternative Currency Sublimit. If, as of the most recent Revaluation Date or at any time (as determined by the Agent under Section 2.4(b)(vi)), (A) solely because of currency fluctuation, the Alternative Currency Outstandings exceed one hundred and five percent (105%) of the Alternative Currency Sublimit or (B) for any other reason, the Alternative Currency Outstandings exceed the Alternative Currency Sublimit, then, in each such case, the Borrowers Borrower shall, if (and to the extent) necessary to eliminate such amount in excess of the Alternative Currency Sublimit, immediately repay outstanding Alternative Currency Revolving Credit Loans and/or Cash Collateralize any L/C Obligations with respect to any Letters of Credit denominated in an Alternative Currency then outstanding (and/or reduce any pending requests for a borrowing or continuation or conversion of such Loans submitted in respect of such Loans on such day) by the Dollar Amount of such amount in excess of the Alternative Currency Sublimit.