Common use of Determination of an Equivalent Currency Clause in Contracts

Determination of an Equivalent Currency. If, in their discretion, the Lenders, the Agent or the Finnvera Facility Agent choose or, pursuant to the terms of this Agreement, are obliged to choose the equivalent in Canadian Dollars of any securities or amounts expressed in US Dollars or the equivalent in US Dollars of any securities or amounts expressed in Canadian Dollars, the Agent or the Finnvera Facility Agent, as the case may be, in accordance with the conversion rules as stipulated in Section 15.1

Appears in 2 contracts

Sources: Credit Agreement (Videotron Ltee), Credit Agreement (Quebecor Media Inc)