Common use of Regulatory Limitation Clause in Contracts

Regulatory Limitation. In the event, as a result of increases in the value of Alternative Currencies against the Dollar or for any other reason, the obligation of any of the Revolving Lenders to make Revolving Loans (taking into account the Dollar Amount of the Secured Obligations and all other indebtedness required to be aggregated under 12 U.S.C.A. Section 84, as amended, the regulations promulgated thereunder and any other Applicable Law) is determined by such Revolving Lender to exceed its then applicable legal lending limit under 12 U.S.C.A. Section 84, as amended, and the regulations promulgated thereunder, or any other Applicable Law, the amount of additional Revolving Extensions of Credit such Lender shall be obligated to make or issue or participate in hereunder shall immediately be reduced to the maximum amount which such Revolving Lender may legally advance (as determined by such Revolving Lender), the obligation of each of the remaining Revolving Lenders hereunder shall be proportionately reduced, based on their applicable Revolving Commitment Percentages and, to the extent necessary under such laws and regulations (as determined by each of the Revolving Lenders, with respect to the applicability of such laws and regulations to itself), and the Multicurrency Borrowers shall reduce, or cause to be reduced, complying to the extent practicable with the remaining provisions hereof, the Secured Obligations outstanding hereunder by an amount sufficient to comply with such maximum amounts.

Regulatory Limitation. In the event, as a result of increases in the value of Alternative Currencies against the Dollar or for any other reason, the obligation of any of the Revolving Lenders to make Revolving Multi-currency Revolving-1 Loans (taking into account the Dollar Amount of the Secured Obligations and all other indebtedness required to be aggregated under 12 U.S.C.A. Section 84, as amended, the regulations promulgated thereunder and any other Applicable Requirement of Law) is determined by such Revolving Lender to exceed its then applicable legal lending limit under 12 U.S.C.A. Section 84, as amended, and the regulations promulgated thereunder, or any other Applicable Requirement of Law, the amount of additional Revolving Extensions of Credit Multi-currency Revolving-1 Loans such Lender shall be obligated to make or issue or participate in hereunder shall immediately be reduced to the maximum amount which such Revolving Lender may legally advance (as determined by such Revolving Lender), the obligation of each of the remaining Revolving Lenders hereunder shall be proportionately reduced, based on their applicable Revolving Multi-currency Revolving-1 Commitment Percentages and, to the extent necessary under such laws and regulations (as determined by each of the Revolving Lenders, with respect to the applicability of such laws and regulations to itself), and the Multicurrency Borrowers Borrower shall reduce, or cause to be reduced, complying to the extent practicable with the remaining provisions hereof, the Secured Obligations Multi-currency Revolving-1 Loans outstanding hereunder by an amount sufficient to comply with such maximum amounts.

Regulatory Limitation. In the event, as a result of increases in the value of Alternative Currencies against the Dollar or for any other reason, the obligation of any the Issuing Lender to issue Alternative Currency Letters of the Revolving Lenders to make Revolving Loans Credit (taking into account the Dollar Amount of the Secured Obligations and all other indebtedness required to be aggregated under 12 U.S.C.A. Section 84, as amended, the regulations promulgated thereunder and any other Applicable Law) is determined by such Revolving the Issuing Lender to exceed its then applicable legal lending limit under 12 U.S.C.A. Section 84, as amended, and the regulations promulgated thereunder, or any other Applicable Law, the amount of additional Revolving Extensions Alternative Currency Letters of Credit such Lender the Issuing Lenders shall be obligated to make or issue or participate in hereunder shall immediately be reduced to the maximum amount which such Revolving the Issuing Lender may legally advance (as determined by such Revolving the Issuing Lender), the obligation of each of the remaining Revolving Lenders hereunder shall be proportionately reduced, based on their applicable Revolving Commitment Percentages ) and, to the extent necessary under such laws and regulations (as determined by each of the Revolving LendersIssuing Lender, with respect to the applicability of such laws and regulations to itself), and the Multicurrency Borrowers Borrower shall reduce, or cause to be reduced, complying to the extent practicable with the remaining provisions hereof, the Secured Obligations outstanding hereunder by an amount sufficient to comply with such maximum amounts.

Regulatory Limitation. In the event, as a result of increases in the value of any Alternative Currencies Currency against the Dollar or for any other reason, the obligation of any the Issuing Lender to issue Alternative Currency Letters of the Revolving Lenders to make Revolving Loans Credit (taking into account the Dollar Amount of the Secured Obligations and all other indebtedness required to be aggregated under 12 U.S.C.A. Section 84, as amended, the regulations promulgated thereunder and any other Applicable Law) is determined by such Revolving the Issuing Lender to exceed its then applicable legal lending limit under 12 U.S.C.A. Section 84, as amended, and the regulations promulgated thereunder, or any other Applicable Law, the amount of additional Revolving Extensions Alternative Currency Letters of Credit such the Issuing Lender shall be obligated to make or issue or participate in hereunder shall immediately be reduced to the maximum amount which such Revolving the Issuing Lender may legally advance issue (as determined by such Revolving the Issuing Lender), the obligation of each of the remaining Revolving Lenders hereunder shall be proportionately reduced, based on their applicable Revolving Commitment Percentages ) and, to the extent necessary under such laws and regulations (as determined by each of the Revolving LendersIssuing Lender, with respect to the applicability of such laws and regulations to itself), and the Multicurrency Borrowers Borrower shall reduce, or cause to be reduced, complying to the extent practicable with the remaining provisions hereof, the Secured Obligations outstanding hereunder by an amount sufficient to comply with such maximum amounts.

Regulatory Limitation. In the event, as a result of increases in the value of any Alternative Currencies Currency against the Dollar or for any other reason, the obligation of any Issuing Lender to issue Alternative Currency Letters of the Revolving Lenders to make Revolving Loans Credit (taking into account the Dollar Amount of the Secured Obligations and all other indebtedness required to be aggregated under 12 U.S.C.A. Section §84, as amended, the regulations promulgated thereunder and any other Applicable Law) is determined by such Revolving Issuing Lender to exceed its then applicable legal lending limit under 12 U.S.C.A. Section §84, as amended, and the regulations promulgated thereunder, or any other Applicable Law, the amount of additional Revolving Extensions Alternative Currency Letters of Credit such Issuing Lender shall be obligated to make or issue or participate in hereunder shall immediately be reduced to the maximum amount which such Revolving Issuing Lender may legally advance issue (as determined by such Revolving Issuing Lender), the obligation of each of the remaining Revolving Lenders hereunder shall be proportionately reduced, based on their applicable Revolving Commitment Percentages ) and, to the extent necessary under such laws and regulations (as determined by each of the Revolving Lenderssuch Issuing Lender, with respect to the applicability of such laws and regulations to itself), and the Multicurrency Borrowers Borrower shall reduce, or cause to be reduced, complying to the extent practicable with the remaining provisions hereof, the Secured Obligations outstanding hereunder by an amount sufficient to comply with such maximum amounts.

Regulatory Limitation. In the event, as a result of increases in the value of Alternative Currencies against the Dollar or for any other reason, the obligation of any of the Revolving Issuing Lenders to make Revolving Loans issue Alternative Currency Letters of Credit (taking into account the Dollar Amount of the Secured Obligations and all other indebtedness required to be aggregated under 12 U.S.C.A. Section 84ss.84, as amended, the regulations promulgated thereunder and any other Applicable Law) is determined by such Revolving Issuing Lender to exceed its then applicable legal lending limit under 12 U.S.C.A. Section 84ss.84, as amended, and the regulations promulgated thereunder, or any other Applicable Law, the amount of additional Revolving Extensions Alternative Currency Letters of Credit such Lender Issuing Lenders shall be obligated to make or issue or participate in hereunder shall immediately be reduced to the maximum amount which such Revolving Issuing Lender may legally advance (as determined by such Revolving Issuing Lender), the obligation of each of the remaining Revolving Lenders hereunder shall be proportionately reduced, based on their applicable Revolving Commitment Percentages ) and, to the extent necessary under such laws and regulations (as determined by each of the Revolving Lenderssuch Issuing Lender, with respect to the applicability of such laws and regulations to itself), and the Multicurrency Borrowers Borrower shall reduce, or cause to be reduced, complying to the extent practicable with the remaining provisions hereof, the Secured Obligations outstanding hereunder by an amount sufficient to comply with such maximum amounts.

Regulatory Limitation. In the event, as a result of increases in the value of Alternative Currencies against the Dollar or for any other reason, the obligation of any of the Revolving Lenders to make Revolving Multi-currency Revolving-1 Loans (taking into account the Dollar Amount of the Secured Credit Party Obligations and all other indebtedness required to be aggregated under 12 U.S.C.A. Section 84, as amended, the regulations promulgated thereunder and any other Applicable Requirement of Law) is determined by such Revolving Lender to exceed its then applicable legal lending limit under 12 U.S.C.A. Section 84, as amended, and the regulations promulgated thereunder, or any other Applicable Requirement of Law, the amount of additional Revolving Extensions of Credit Multi-currency Revolving-1 Loans such Lender shall be obligated to make or issue or participate in hereunder shall immediately be reduced to the maximum amount which such Revolving Lender may legally advance (as determined by such Revolving Lender), the obligation of each of the remaining Revolving Lenders hereunder shall be proportionately reduced, based on their applicable Revolving Multi-currency Revolving-1 Commitment Percentages and, to the extent necessary under such laws and regulations (as determined by each of the Revolving Lenders, with respect to the applicability of such laws and regulations to itself), and the Multicurrency Borrowers Borrower shall reduce, or cause to be reduced, complying to the extent practicable with the remaining provisions hereof, the Secured Obligations Multi-currency Revolving-1 Loans outstanding hereunder by an amount sufficient to comply with such maximum amounts.