Common use of Request for Optional Currency Clause in Contracts

Request for Optional Currency. This Clause applies if a notice of borrowing specifies a currency other than dollars. In this case the Advance requested will be made in the currency specified if all the following are true: (A) The currency specified is an Optional Currency. (B) The Advance is required to be made under the terms of this Agreement.

Appears in 1 contract

Sources: Loan Agreement (SCH Holdings Corp)

Request for Optional Currency. This Clause applies if a notice of borrowing specifies a currency other than dollarseuros. In this case the Advance requested will be made in the currency specified if all the following are true: (A) The currency specified is an Optional Currency. (B) The Advance is required to be made under the terms of this Agreement.

Appears in 1 contract

Sources: Multi Currency Revolving Loan Facility (Polaroid Corp)