Common use of Rate of Exchange Clause in Contracts

Rate of Exchange. The term "rate of exchange" in this Section 12 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 6 contracts

Sources: Credit Facility Agreement (Top Ships Inc.), Credit Agreement (Chiles Magellan LLC), Loan Agreement (Omi Corp/M I)

Rate of Exchange. The term "rate of exchange" in this Section 12 14 means the rate at which the Administrative Facility Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 5 contracts

Sources: Credit Agreement (International Shipholding Corp), Senior Secured Term Loan Facility Agreement (International Shipholding Corp), Facility Agreement (International Shipholding Corp)

Rate of Exchange. The term "rate of exchange" in this Section 12 means the rate at which the Administrative Facility Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 5 contracts

Sources: Credit Agreement (SEACOR Marine Holdings Inc.), Credit Agreement (SEACOR Marine Holdings Inc.), Credit Agreement (SEACOR Marine Holdings Inc.)

Rate of Exchange. The term "rate of exchange" in this Section 12 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency Judgment Currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 4 contracts

Sources: Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp)

Rate of Exchange. The term "rate of exchange" in this Section 12 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 4 contracts

Sources: Term Loan and Revolving Credit Facility Agreement (Stolt Nielsen S A), Credit Facility Agreement (K-Sea Transportation Partners Lp), Credit Facility Agreement (Top Ships Inc.)

Rate of Exchange. The term "rate of exchange" in this Section 12 13 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars or the relevant Foreign Currency with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 2 contracts

Sources: Revolving Credit Facility Agreement (Seacor Smit Inc), Revolving Credit Facility Agreement (Seacor Smit Inc)

Rate of Exchange. The term "rate of exchange" in this Section 12 13 means the rate at which the Administrative Facility Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 2 contracts

Sources: Loan Agreement (Dorian LPG Ltd.), Credit Agreement (International Shipholding Corp)

Rate of Exchange. The term "rate of exchange" in this Section 12 13 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 2 contracts

Sources: Credit Agreement (International Shipholding Corp), Facility Agreement (Omi Corp/M I)

Rate of Exchange. The term "rate of exchange" in this Section 12 13 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 2 contracts

Sources: Senior Secured Revolving Credit Facility (Era Group Inc.), Senior Secured Revolving Credit Facility (Seacor Holdings Inc /New/)

Rate of Exchange. The term "rate of exchange" in this Section 12 14 means the rate at which the Administrative Facility Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 2 contracts

Sources: Credit Agreement (International Shipholding Corp), Facility Agreement (International Shipholding Corp)

Rate of Exchange. The term "rate of exchange" in this Section 12 13 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 1 contract

Sources: Credit Agreement (International Shipholding Corp)

Rate of Exchange. The term "rate of exchange" in this Section 12 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 1 contract

Sources: Loan Agreement (Omi Corp/M I)

Rate of Exchange. The term "rate of exchange" in this Section 12 13 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 1 contract

Sources: Term Loan and Credit Facility Agreement (Noble Corp / Switzerland)

Rate of Exchange. The term "rate of exchange" in this Section 12 13 means the rate at which the Administrative Facility Agent in accordance with its normal practices is able on the relevant date to purchase Dollars Yen with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

Appears in 1 contract

Sources: Loan Agreement (International Shipholding Corp)

Rate of Exchange. The term "rate of exchange" in this Section 12 13 means the rate at which the Administrative Facility Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.. 53

Appears in 1 contract

Sources: Loan Agreement