Common use of Determination of Dollar Amounts Clause in Contracts

Determination of Dollar Amounts. The Administrative Agent will determine the Dollar Amount of: (a) each Eurodollar Borrowing as of the date two (2) Business Days prior to the date of such Borrowing or, if applicable, the date of conversion or continuation of any Borrowing as a Eurodollar Borrowing; (b) the LC Exposure as of the date of each request for the issuance, amendment, renewal or extension of any Letter of Credit; and (c) all outstanding Revolving Loans and the LC Exposure on and as of the last Business Day of each calendar quarter and, during the continuation of an Event of Default, on any other Business Day elected by the Administrative Agent in its discretion or upon instruction by the Required Lenders.

Appears in 6 contracts

Sources: Credit Agreement (Haemonetics Corp), Credit Agreement (Haemonetics Corp), Credit Agreement (Altra Industrial Motion Corp.)

Determination of Dollar Amounts. The Administrative Agent will determine the Dollar Amount of: (a) each Eurodollar Eurocurrency Borrowing as of the date two (2) Business Days prior to the date of such Borrowing or, if applicable, the date of conversion or continuation of any Borrowing as a Eurodollar Eurocurrency Borrowing; (b) the LC Exposure as of the date of each request for the issuance, amendment, renewal or extension of any Letter of Credit; and (c) all outstanding Revolving Loans and the LC Exposure on and as of the last Business Day of each calendar quarter and, during the continuation of an Event of Default, on any other Business Day elected by the Administrative Agent in its discretion or upon instruction by the Required Lenders.

Appears in 4 contracts

Sources: Credit Agreement (LogMeIn, Inc.), Credit Agreement (Cabot Corp), Credit Agreement (Cabot Corp)

Determination of Dollar Amounts. The Administrative Agent will determine the Dollar Amount of: (a) each Eurodollar Revolving Borrowing utilizing Revolving Commitments as of the date two (2) Business Days prior to the date of such Borrowing or, if applicable, the date of conversion or conversion/continuation of any such Borrowing as a Eurodollar Revolving Borrowing;, (b) the LC Exposure as of the date of each request for the issuance, amendment, renewal or extension of any Letter of Credit; , and (c) all outstanding Revolving Loans and the LC Credit Exposure on and as of the last Business Day of each calendar quarter month and, during the continuation of an Event of Default, on any other Business Day elected by the Administrative Agent in its discretion or upon instruction by the Required Lenders.

Appears in 1 contract

Sources: Credit Agreement (Horizon Pharma PLC)

Determination of Dollar Amounts. The Administrative Agent will determine the Dollar Amount of: (a) each Eurodollar Borrowing as of the date two (2) Business Days prior to the date of such Borrowing or, if applicable, the date of conversion or conversion/continuation of any Borrowing as a Eurodollar Borrowing; (b) the LC Exposure as of the date of each request for the issuance, amendment, renewal or extension of any Letter of Credit; and (c) the aggregate amount of all outstanding Revolving Loans and the LC Exposure on and as of the last Business Day of each calendar quarter and, during the continuation of an Event of Default, on any other Business Day elected by the Administrative Agent in its discretion or upon instruction by the Required Lenders.

Appears in 1 contract

Sources: Credit Agreement (Dexcom Inc)