In the case of a Credit Extension to be denominated in an Alternative Currency, there shall not have occurred any change in national or international financial, political or economic conditions or currency exchange rates or exchange controls which in the reasonable opinion of the Administrative Agent, the Required Revolving Credit Lenders (in the case of any Loans to be denominated in an Alternative Currency) or the L/C Issuer (in the case of any Letter of Credit to be denominated in an Alternative Currency) would make it impracticable for such Credit Extension to be denominated in the relevant Alternative Currency.

whether the resulting Borrowing is to be an ABR Borrowing or a Eurocurrency, a Term SOFR Borrowing, an Alternative Currency Term Rate Borrowing or an Alternative Currency Daily Rate Borrowing; and

“Type” means, with respect to a Loan, its character as a Base Rate Loan, a Term SOFR Loan, an Alternative Currency Daily Rate Loan or an Alternative Currency Term Rate Loan.

“Alternative Currency Sublimit” means an amount equal to the lesser of the Aggregate Commitments and $40,000,000.00. The Alternative Currency Sublimit is part of, and not in addition to, the Aggregate Commitments.

“Applicable Authority” means, with respect to any Alternative Currency, the applicable administrator for the Relevant Rate for such Alternative Currency or any governmental authority having jurisdiction over the Lender or such administrator.

“Revaluation Date” means, with respect to any Loan, each of the following: # each date of a Borrowing of an Alternative Currency Loan, # with respect to an Alternative Currency Daily Rate Loan, each Interest Payment Date, # each date of a continuation of an Alternative Currency Term Rate Loan pursuant to the terms of the Agreement, and # such additional dates as the Lender shall require.

“Alternative Currency” means Euros, Pounds Sterling and any other currency agreed to by the Administrative Agent and the Borrower and # in the case of any Revolving Credit Loan denominated in an Alternative Currency, each Revolving Credit Lender and # in the case of any Letter of Credit denominated in an Alternative Currency, the applicable L/C Issuer and each Revolving Credit Lender; provided that each such currency is a lawful currency that is readily available, freely transferable and not restricted, able to be converted into Dollars and available in the London interbank deposit market.

he Loans comprising each Eurocurrency(x) Term SOFR Borrowing shall bear interest at the Eurocurrency RateTerm SOFR for the Interest Period in effect for such Borrowing plus the Applicable Rate., # Alternative Currency Daily Rate Borrowing shall bear interest at a rate per annum equal to the applicable Alternative Currency Daily Rate plus the Applicable Rate, and # Alternative Currency Term Rate Borrowing shall bear interest at a rate per annum equal to the applicable Alternative Currency Term Rate for the Interest Period then in effect for such Borrowing plus the Applicable Rate.

if such day relates to any interest rate settings as to an Alternative Currency Term Rate Loan or Alternative Currency Daily Rate Loan denominated in a currency other than Dollars, Sterling or Euro, means any such day on which dealings in deposits in the relevant currency are conducted by and between banks in the London or other applicable offshore interbank market for such currency; and

“Alternative Currency Equivalent” means, at any time, with respect to any amount denominated in Dollars, the equivalent amount thereof in the applicable Alternative Currency as determined by the Administrative Agent or the L/C Issuer, as the case may be, at such time on the basis of the Exchange Rate (determined in respect of the most recent Revaluation Date) for the purchase of such Alternative Currency with Dollars.