Common use of Recalculation of Dollar Equivalent Amounts Clause in Contracts

Recalculation of Dollar Equivalent Amounts. In determining the Dollar Equivalent Amount of the aggregate Revolving Credit Extensions of Credit of the Lenders, the Agent may use the respective Dollar Equivalent Amounts for the Revolving Credit Loans or Letters of Credit pursuant to paragraph (i) of this subsection (a), unless such Dollar Equivalent Amount so calculated exceeds 90% of the sum of the aggregate Revolving Credit Committed Amounts, in which case the Agent shall recalculate the Dollar Equivalent Amount of the Revolving Credit Loans and Letters of Credit outstanding no less frequently than once each week. The Agent may recalculate the Dollar Equivalent Amounts of each of the Revolving Credit Loans or Letters of Credit as frequently as it determines to do so in its discretion; provided, that such recalculation shall be made for all of the Revolving Credit Loans and Letters of Credit no less frequently than once each week during any period when the aggregate Dollar Equivalent Amount of the aggregate Credit Exposure of the Lenders exceeds 90% of the sum of the aggregate Revolving Credit Committed Amounts. The Dollar Equivalent Amount so determined shall become effective on the first Business Day immediately following the relevant calculation date.

Recalculation of Dollar Equivalent Amounts. In determining the Dollar Equivalent Amount of the aggregate Revolving Credit Extensions of Credit Exposure of the LendersBanks, the Agent may use the respective Dollar Equivalent Amounts for the Revolving Credit Loans or and the Letters of Credit pursuant to paragraph (i) of this subsection (a), unless such Dollar Equivalent Amount so calculated exceeds 90% of the sum of the aggregate Revolving Credit Committed AmountsCommitment Amount, in which case the Agent shall recalculate the Dollar Equivalent Amount of the Revolving Credit Loans and the Letters of Credit outstanding no less frequently than once each week. The Agent may recalculate the Dollar Equivalent Amounts of each of the Revolving Credit Loans or and the Letters of Credit as frequently as it determines to do so in its discretion; , provided, that such recalculation shall be made for all of the Revolving Credit Loans and the Letters of Credit no less frequently than once each week during any period when the aggregate Dollar Equivalent Amount of the aggregate Credit Exposure of the Lenders Banks exceeds 90% of the sum of the aggregate Revolving Credit Committed Amounts. The Dollar Equivalent Amount so determined shall become effective on the first Business Day immediately following the relevant calculation dateCommitment Amount.