Common use of Multicurrency Revolving Commitments Clause in Contracts

Multicurrency Revolving Commitments. Prior to the Revolving Credit Termination Date, each Multicurrency Lender severally and not jointly agrees, subject to the terms and conditions hereof, to make revolving loans (“Multicurrency Revolving Loans”) in Dollars or Foreign Currencies to the Borrowers from time to time up to the amount of such Multicurrency Lender’s Multicurrency Revolving Commitment in effect at such time; provided, however, (i) the sum of the aggregate principal Dollar amount (determined as of the most recent Revaluation Date) of Multicurrency Revolving Loans and Multicurrency L/C Obligations at any time outstanding shall not exceed the sum of all Multicurrency Revolving Commitments in effect at such time, (ii) the Dollar Equivalent of the aggregate principal amount of Multicurrency Revolving Loans denominated in a Foreign Currency shall not exceed the Foreign Currency Sublimit, (iii) Multicurrency Revolving Loans may only be requested by Foreign Subsidiary Borrowers in connection with (x) funding Permitted Acquisitions (up to the Total Consideration thereof to the extent otherwise permitted under this Agreement) and (y) making Capital Expenditures permitted by Section 6.21(c)(ii), and (iv) the sum of the aggregate principal amount of Revolving Loans at any time outstanding with respect to Foreign Subsidiary Borrowers shall not exceed the Foreign Subsidiary Borrower Sublimit. Each Borrowing of Multicurrency Revolving Loans shall be made ratably by the Multicurrency Lenders in proportion to their respective Multicurrency Revolver Percentages. Multicurrency Revolving Loans may only consist of Eurocurrency Loans. Multicurrency Revolving Loans may be repaid and reborrowed before the Revolving Credit Termination Date, subject to the terms and conditions hereof.

Multicurrency Revolving Commitments. Prior The Borrowers may, upon notice to the Revolving Credit Termination DateAdministrative Agent, each Multicurrency Lender severally and not jointly agrees, subject to terminate the terms and conditions hereof, to make revolving loans (“Aggregate Multicurrency Revolving Loans”) in Dollars Commitments, or Foreign Currencies to the Borrowers from time to time up permanently reduce the Aggregate Multicurrency Revolving Commitments; provided that (a) any such notice shall be received by the Administrative Agent not later than 11:00 a.m. five (5) Business Days prior to the date of termination or reduction, (b) any such partial reduction shall be in an aggregate amount of $2,000,000 or any whole multiple of $500,000 in excess thereof, (c) the Borrowers shall not terminate or reduce the Aggregate Multicurrency Revolving Commitments if, after giving effect thereto and to any concurrent prepayments hereunder, the Total Multicurrency Revolving Outstandings would exceed the Aggregate Multicurrency Revolving Commitments and (d) if, after giving effect to any reduction of the Aggregate Multicurrency Revolving Commitments, the Letter of Credit Sublimit or the Multicurrency Swing Line Sublimit exceeds the amount of the Aggregate Multicurrency Revolving Commitments, such sublimit shall be automatically reduced by the amount of such excess. The Administrative Agent will promptly notify the Multicurrency Lender’s Lenders of any such notice of termination or reduction of the Aggregate Multicurrency Revolving Commitments. Any reduction of the Aggregate Multicurrency Revolving Commitments shall be applied to the Multicurrency Revolving Commitment in effect at such time; provided, however, (i) of each Multicurrency Lender according to its Applicable Percentage. All fees accrued until the sum effective date of any termination of the aggregate principal Dollar amount (determined as of the most recent Revaluation Date) of Multicurrency Revolving Loans and Multicurrency L/C Obligations at any time outstanding shall not exceed the sum of all Aggregate Multicurrency Revolving Commitments in effect at such time, (ii) the Dollar Equivalent of the aggregate principal amount of Multicurrency Revolving Loans denominated in a Foreign Currency shall not exceed the Foreign Currency Sublimit, (iii) Multicurrency Revolving Loans may only be requested by Foreign Subsidiary Borrowers in connection with (x) funding Permitted Acquisitions (up to the Total Consideration thereof to the extent otherwise permitted under this Agreement) and (y) making Capital Expenditures permitted by Section 6.21(c)(ii), and (iv) the sum of the aggregate principal amount of Revolving Loans at any time outstanding with respect to Foreign Subsidiary Borrowers shall not exceed the Foreign Subsidiary Borrower Sublimit. Each Borrowing of Multicurrency Revolving Loans shall be made ratably by paid on the Multicurrency Lenders in proportion to their respective Multicurrency Revolver Percentages. Multicurrency Revolving Loans may only consist effective date of Eurocurrency Loans. Multicurrency Revolving Loans may be repaid and reborrowed before the Revolving Credit Termination Date, subject to the terms and conditions hereofsuch termination.

Multicurrency Revolving Commitments. Prior to the Revolving Credit Termination Date, each Multicurrency Lender severally and not jointly agrees, subject (a) Subject to the terms and conditions hereof, each Multicurrency Revolving Lender severally agrees to make (or cause its Applicable Lending Office to make) revolving credit loans (“Multicurrency Revolving Loans”) in Dollars or Foreign Currencies any Optional Currency to the Borrowers Company or any Foreign Subsidiary Borrower (other than a Canadian Borrower) from time to time up to during the amount of such Multicurrency Lender’s Multicurrency Revolving Commitment in Period applicable to it; provided that, after giving effect at to such time; provided, howeverborrowing and the use of proceeds thereof, (i) the sum Dollar Equivalent of the aggregate principal Dollar amount (determined as of the most recent Revaluation Date) of such Lender’s Multicurrency Revolving Loans and Extensions of Credit do not exceed the amount of such Lender’s Multicurrency L/C Obligations at any time outstanding Revolving Commitments, (ii) the Outstanding Amount of Borrowing Base Debt shall not exceed the sum of all Multicurrency Revolving Commitments in effect Borrowing Base at such time, (iiiii) the Dollar Equivalent Total Revolving Extensions of the aggregate principal amount of Multicurrency Revolving Loans denominated in a Foreign Currency Credit shall not exceed the Foreign Currency Sublimit, (iii) Multicurrency Total Revolving Loans may only be requested by Foreign Subsidiary Borrowers Commitments then in connection with (x) funding Permitted Acquisitions (up to the Total Consideration thereof to the extent otherwise permitted under this Agreement) and (y) making Capital Expenditures permitted by Section 6.21(c)(ii), effect and (iv) on and after December 3, 2009, (A) the sum Total 2011 Revolving Extensions of the aggregate principal amount of Revolving Loans at any time outstanding with respect to Foreign Subsidiary Borrowers Credit shall not exceed the Total 2011 Revolving Commitments then in effect and (B) the Total 2013 Revolving Extensions of Credit shall not exceed the Total 2013 Revolving Commitments then in effect. During the Revolving Commitment Period the Company and any relevant Foreign Subsidiary Borrower Sublimitmay use the Multicurrency Revolving Commitments by borrowing, prepaying the Multicurrency Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. Each Borrowing of The Multicurrency Revolving Loans shall be made ratably by Eurocurrency Loans as notified to the Multicurrency Lenders Administrative Agent in proportion to their respective Multicurrency Revolver Percentages. accordance with Sections 2.7 and 2.19. (b) The Company and any relevant Subsidiary Borrower shall repay all outstanding Multicurrency Revolving Loans may only consist of Eurocurrency Loans. Multicurrency Revolving Loans may be repaid and reborrowed before any Class of a Lender on the Revolving Credit Termination Date, subject Date for such Lender applicable to the terms and conditions hereofsuch Class.

Multicurrency Revolving Commitments. Prior to the Revolving Credit Termination Date, each Multicurrency Lender severally and not jointly agrees, subject (a) Subject to the terms and conditions hereof, each Multicurrency Revolving Lender of any Class severally agrees to make (or cause its Applicable Lending Office to make) revolving credit loans (“Multicurrency Revolving Loans”) of such Class in Dollars or Foreign Currencies any Optional Currency to the Borrowers Company or any Foreign Subsidiary Borrower (other than a Canadian Borrower) from time to time up to during the amount of such Multicurrency Lender’s Multicurrency Revolving Commitment in Period applicable to such Class; provided that, after giving effect at to such time; provided, howeverborrowing and the use of proceeds thereof, (i) the sum Dollar Equivalent of such Lender’s Multicurrency Revolving Extensions of Credit of the aggregate principal Dollar applicable Class do not exceed the amount (determined as of the most recent Revaluation Date) of such Lender’s Multicurrency Revolving Loans and Multicurrency L/C Obligations at any time outstanding Commitments of such Class, (ii) [Reserved], (iii) the Total Revolving Extensions of Credit shall not exceed the sum of all Multicurrency Total Revolving Commitments then in effect at such time, and (iiiv) (A) the Dollar Equivalent Total 2017 Revolving Extensions of the aggregate principal amount of Multicurrency Revolving Loans denominated in a Foreign Currency Credit shall not exceed the Foreign Currency Sublimit, Total 2017 Revolving Commitments then in effect and (iiiB) Multicurrency Revolving Loans may only be requested by Foreign Subsidiary Borrowers in connection with (x) funding Permitted Acquisitions (up to the Total Consideration thereof to the extent otherwise permitted under this Agreement) and (y) making Capital Expenditures permitted by Section 6.21(c)(ii), and (iv) the sum 2019 Revolving Extensions of the aggregate principal amount of Revolving Loans at any time outstanding with respect to Foreign Subsidiary Borrowers Credit shall not exceed the Total 2019 Revolving Commitments then in effect. During the Revolving Commitment Period in respect of any Class the Company and any relevant Foreign Subsidiary Borrower Sublimitmay use the Multicurrency Revolving Commitments of such Class by borrowing, prepaying the Multicurrency Revolving Loans of such Class in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. Each Borrowing of The Multicurrency Revolving Loans shall be made ratably by Eurocurrency Loans as notified to the Multicurrency Lenders Administrative Agent in proportion to their respective Multicurrency Revolver Percentages. accordance with Sections 2.7 and 2.19. (b) The Company and any relevant Subsidiary Borrower shall repay all outstanding Multicurrency Revolving Loans may only consist of Eurocurrency Loans. Multicurrency Revolving Loans may be repaid and reborrowed before any Class of a Lender on the Revolving Credit Termination Date, subject Date for such Lender applicable to the terms and conditions hereofsuch Class.