Common use of Selection of currency Clause in Contracts

Selection of currency. The Borrower may from time to time select in a written notice to the Agent given not later than 11.00am on the Quotation Day for the relevant Interest Period that the Facility shall be denominated for the next Interest Period (which may include the first Interest Period) in an Optional Currency.

Appears in 6 contracts

Sources: Secured Reducing Revolving Loan Facility Agreement (Gulfmark Offshore Inc), Secured Reducing Revolving Loan Facility Agreement (Gulfmark Offshore Inc), Secured Reducing Revolving Loan Facility Agreement (Gulfmark Offshore Inc)

Selection of currency. The Borrower may from time to time select in a written notice to the Agent given not later than 11.00am (Singapore time) on the Quotation Day for the relevant Interest Period that the Facility shall be denominated for the next Interest Period (which may include the first Interest Period) in an Optional Currency.

Appears in 1 contract

Sources: Secured Reducing Revolving Loan Facility Agreement (Gulfmark Offshore Inc)