Common use of Amount of Optional Currencies Clause in Contracts

Amount of Optional Currencies. (i) Drawdowns If an Advance is to be drawn down in an Optional Currency, the amount of each Lender's participation is that Advance will be determined by converting into that Optional Currency the Lender's participation in the Original Dollar Amount of that Advance on the basis of the Agent's Spot Rate of Exchange two Business Days before its date of borrowing.

Amount of Optional Currencies. (i) Drawdowns If an Advance is to be drawn down in an Optional Currency, the amount of each Lender's participation is in that Advance will be determined by converting into that Optional Currency the Lender's participation in the Original Dollar Amount of that Advance on the basis of the Agent's Spot Rate of Exchange two Business Days before its date of borrowing.