Common use of Currency Fluctuation Clause in Contracts

Currency Fluctuation. If as a result of currency fluctuation the Canadian Dollar Exchange Equivalent of the Aggregate Principal Amount exceeds the Aggregate Commitment Amount (the “Excess”), the Borrower will pay the Excess to the Agent as a principal repayment for the benefit of the Lenders. If the amount of the Excess with respect is equal to or greater than 3% of the Aggregate Commitment Amount, then the repayment of the Excess to the Agent on behalf of the Lenders will be made by the Borrower within 3 Banking Days after demand therefor by the Agent. If the amount of the Excess is less than 3% of the Aggregate Commitment Amount, then the repayment of the Excess will be made on the earliest of the next Drawdown Date, date of Rollover or date of Conversion. The Agent will request repayment of any Excess forthwith upon request therefor by any Lender, provided that the Agent will not otherwise be required to monitor the Excess or to request repayment thereof.

Currency Fluctuation. If as a result of currency fluctuation fluctuations the Equivalent Amount in Canadian Dollar Exchange Equivalent Dollars of the Aggregate Principal Amount exceeds the Aggregate Commitment Amount (the “"Excess”"), the Borrower will pay the Excess to the Agent as a principal repayment for the benefit of the Lenders. If the amount of the Excess with respect is equal to or greater than 3% of the Aggregate Commitment Amount, then the repayment of the Excess to the Agent on behalf of the Lenders will be made by the Borrower within 3 5 Banking Days after demand therefor therefore by the Agent. If the amount of the Excess is less than 3% of the Aggregate Commitment Amount, then the repayment of the Excess will be made on the earliest of the next Drawdown Date, date of Rollover or date of Conversion. The Agent will request repayment of any Excess forthwith upon request therefor therefore by any Lender, provided that the Agent will not otherwise be required to monitor the Excess or to request repayment thereof.

Currency Fluctuation. If as a result of currency fluctuation the Canadian Dollar Exchange Equivalent of the Aggregate Principal Amount exceeds the Aggregate Commitment Amount (the “"Excess”"), the Borrower will pay the Excess to the Agent as a principal repayment for the benefit of the Lenders. If the amount of the Excess with respect is equal to or greater than 31% of the Aggregate Commitment Amount, then the repayment of the Excess to the Agent on behalf of the Lenders will be made by the Borrower within 3 Banking Days after demand therefor therefore by the Agent. If the amount of the Excess is less than 31% of the Aggregate Commitment Amount, then the repayment of the Excess will be made on the earliest of the next Drawdown Date, date of Rollover or Rollover, date of ConversionConversion or the first Banking Day of the next following month. The Agent will request repayment of any Excess forthwith upon request therefor therefore by any Lender, provided that the Agent will not otherwise be required to monitor the Excess or to request repayment thereof.