Common use of Currency Conversions Clause in Contracts

Currency Conversions. In calculating the amount of Secured Obligations for any purpose hereunder, including, without limitation, voting or distribution purposes, the amount of any Secured Obligation which is denominated in a currency other than Dollars shall be converted into Dollars at the spot rate for purchasing Dollars with such currency determined by the Corporate Trustee to be in effect in the New York foreign exchange market at the close of business on the Business Day prior to the date on which such calculation is to be made.

Appears in 2 contracts

Sources: Trust Agreement (Sprint Spectrum Finance Corp), Trust Agreement (Sprint Spectrum Finance Corp)

Currency Conversions. In calculating the amount of Secured Obligations for any purpose hereunder, including, without limitation, including voting or distribution purposes, the amount of any Secured Obligation which is denominated in a currency other than Dollars shall be converted into Dollars at the spot rate for purchasing Dollars with such currency determined as set forth in The Wall Street Journal (or any successor or substitute publication reasonably selected by the Corporate Trustee to be in effect in the New York foreign exchange market at the close of business Administrative Agent) on the Business Day business day prior to the date on which such calculation is to be made.

Appears in 2 contracts

Sources: Credit Agreement (Champion Enterprises Inc), Credit Agreement (Champion Enterprises Inc)

Currency Conversions. In calculating the amount of Secured Obligations for any purpose hereunder, including, without limitation, including voting or distribution purposes, the amount of any Secured Obligation which is denominated in a currency other than Dollars shall be converted into Dollars at the spot rate for purchasing Dollars with such currency determined as set forth in The Wall Street Journal (or any successor or substitute publication reasonably selected by the Corporate Trustee to be in effect in the New York foreign exchange market at the close of business Administrative Agent) on the Business Day prior to the date on which such calculation is to be made.

Appears in 2 contracts

Sources: Collateral Trust Agreement, Collateral Trust Agreement (Advanced Micro Devices Inc)

Currency Conversions. In calculating the amount of Secured Obligations or Collateral proceeds for any purpose hereunder, including, without limitation, voting or distribution purposes, the amount of any Secured Obligation or any such proceeds which is denominated in a currency other than Dollars shall be converted into Dollars at the spot rate for purchasing Dollars with such currency determined by the Corporate Trustee to be in effect in the New York foreign exchange market at the close of business on the Business Day prior to the date on which such calculation is to be madeDollars.

Appears in 2 contracts

Sources: Collateral Agency and Intercreditor Agreement (FS Energy & Power Fund), Collateral Agency and Intercreditor Agreement (American Capital, LTD)

Currency Conversions. In calculating the amount of Secured ------------------------- Obligations or Collateral proceeds for any purpose hereunder, including, without limitation, voting or distribution purposes, the amount of any Secured Obligation which is denominated in a currency other than Dollars shall be converted by the Administrative Agent into Dollars at the spot rate for purchasing Dollars with such currency determined by the Corporate Trustee to be as set forth in effect in the New York foreign exchange market at the close of business The Wall Street Journal on the Business Day business day prior to the date on which ----------------------- such calculation is to be made.

Appears in 1 contract

Sources: Trust Agreement (Federal Mogul Corp)

Currency Conversions. In calculating the amount of Secured Obligations or Collateral proceeds for any purpose hereunder, including, without limitation, voting or distribution purposes, the amount of any Secured Obligation which is denominated in a currency other than Dollars shall be converted by the Administrative Agent into Dollars at the spot rate for purchasing Dollars with such currency determined by the Corporate Trustee to be as set forth in effect in the New York foreign exchange market at the close of business The Wall Street Journal on the Business Day business day prior to the date on which such calculation is to be made.

Appears in 1 contract

Sources: Trust Agreement (Anc Rental Corp)

Currency Conversions. In calculating the amount of Secured Obligations or Collateral proceeds for any purpose hereunder, including, without limitation, voting or distribution purposes, the amount of any Secured Obligation which is denominated in a currency other than Dollars U.S. dollars shall be converted by the relevant Representative into Dollars U.S. dollars at the spot rate for purchasing Dollars U.S. dollars with such currency determined by the Corporate Trustee to be as set forth in effect in the New York foreign exchange market at the close of business The Wall Street Journal on the Business Day business day prior to the date on which such calculation is to be made.

Appears in 1 contract

Sources: Collateral Trust Agreement (Tenneco Inc)

Currency Conversions. In calculating the amount of Secured Obligations for any purpose hereunder, including, without limitation, including voting or distribution purposes, the amount of any Secured Obligation which is denominated in a currency other than Dollars shall be converted into Dollars at the spot rate for purchasing Dollars with such currency determined by the Corporate Trustee Administrative Agent (which determination shall be conclusive absent manifest error) to be in effect in the New York foreign exchange market at the close of business on the Business Day prior to the date on which such calculation is to be made.

Appears in 1 contract

Sources: Master Collateral Agreement (Service Merchandise Co Inc)

Currency Conversions. In calculating the amount of Secured -------------------------- Obligations or Collateral proceeds for any purpose hereunder, including, without limitation, voting or distribution purposes, the amount of any Secured Obligation which is denominated in a currency other than Dollars shall be converted by the Administrative Agent into Dollars at the spot rate for purchasing Dollars with such currency determined by as set forth in The Wall Street Journal on ----------------------- the Corporate Trustee to be in effect in the New York foreign exchange market at the close of business on the Business Day day prior to the date on which such calculation is to be made.

Appears in 1 contract

Sources: Trust Agreement (Federal Mogul Corp)

Currency Conversions. In calculating the amount of Secured Obligations ------------------------- or Collateral proceeds for any purpose hereunder, including, without limitation, voting or distribution purposes, the amount of any Secured Obligation which is denominated in a currency other than Dollars shall be converted by the Administrative Agent into Dollars at the spot rate for purchasing Dollars with such currency determined by the Corporate Trustee to be as set forth in effect in the New York foreign exchange market at the close of business The Wall Street Journal on the Business Day business day prior ----------------------- to the date on which such calculation is to be made.

Appears in 1 contract

Sources: Trust Agreement (Federal Mogul Corp)