Common use of Optional Currency Clause in Contracts

Optional Currency. Any currency other than Dollars which is fully convertible into Dollars and which is traded on any recognized Eurocurrency Interbank Market selected by the Agent in good faith; PROVIDED, HOWEVER, in the event any Borrower requests an Optional Currency denominated in a currency other than Austrian schillings, Belgian francs, German deutsche marks, Danish kroners, Spanish pesetas, French francs, Finnish marks, British pounds sterling, Italian liras, Dutch guilders, Norwegian kroners, Portuguese escudos, Swedish kroners or Swiss francs, the request for such other Optional Currency shall be subject to the consent of the Banks.

Optional Currency. Any currency other than Dollars which is fully convertible into Dollars and which is traded on any recognized Eurocurrency Interbank Market selected by the Agent in good faith; PROVIDEDprovided, HOWEVERhowever, in the event any Borrower requests an Optional Currency denominated in a currency other than Austrian schillings, Belgian francs, German deutsche marks, Danish kroners, Spanish pesetas, French francs, Finnish marks, British pounds sterling, Italian liras, Dutch guilders, Norwegian kroners, Portuguese escudos, Swedish kroners or Swiss francs, the request for such other Optional Currency shall be subject to the consent of the Banks.