ServiceMagic 2012 Annual Report Download - page 291

Borrower and any Restricted Subsidiary, the exchange rate of currencies shall be measured as of the date of such calculation.
(b)
(i) The Administrative Agent shall determine the Dollar Amount of any Letter of Credit denominated in an
Alternative Currency as of the date of the issuance thereof and on the first Business Day of each calendar month on which such
Letter of Credit is outstanding, in each case using the Exchange Rate in effect on the date of determination, and each such amount
shall be the Dollar Amount of such Letter of Credit until the next required calculation thereof pursuant to this Section. The
Administrative Agent shall in addition determine the Dollar Amount of any Letter of Credit denominated in an Alternative
Currency as provided in Sections 2.06(e) and 2.06(l).
(ii) The Administrative Agent shall determine the Dollar Amount of any Borrowing denominated in an
Alternative Currency on or about the date of the commencement of the initial Interest Period therefor and as of the date of the
commencement of each subsequent Interest Period therefor, in each case using the Exchange Rate in effect on the date of
determination, and each such amount shall, except as provided in the next sentence, be the Dollar Amount of such Borrowing until
the next required calculation thereof pursuant to this Section.
(iii) The Administrative Agent may also determine the Dollar Amount of any Borrowing or Letters of Credit
denominated in an Alternative Currency as of such other dates as the Administrative Agent shall determine, in each case using the
Exchange Rate in effect on the date of determination, and each such amount shall be the Dollar Amount of such Borrowing or
Letter of Credit until the next calculation thereof pursuant to this Section.
(iv) The Administrative Agent shall notify the Borrower, the applicable Lenders and the Issuing Bank of each
determination of the Dollar Amount of each Letter of Credit, Borrowing and LC Disbursement.
ARTICLE II
The Credits
SECTION 2.01
Revolving Commitments .
(a)
Subject to the terms and conditions hereof, from time to time during the Revolving Commitment Period,
each Revolving Lender severally agrees to make to the Borrower revolving credit loans denominated in Dollars or an Alternative
Currency (“ Revolving Loans ”) in an aggregate principal amount that will not result at the time of such Borrowing in (A) the
Dollar Amount of such Lender’s Outstanding Revolving Credit under the Revolving Commitments exceeding such Lender’s
Revolving Commitment or (B) the Dollar Amount of Revolving Loans in Alternative Currencies exceeding the Alternative
Currency Revolving Sublimit. During the Revolving Commitment Period the Borrower may use the Revolving Commitments by
borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions
hereof. The Revolving Loans may from time to time be Eurocurrency Loans or, in the case of Revolving Loans in Dollars, ABR
Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.03 and 2.05.
(b) Each Revolving Loan under the Revolving Commitments shall be made as part of a Borrowing consisting of
Revolving Loans made by the Revolving Lenders thereunder ratably in accordance with their respective Revolving Commitments.
The failure of any Revolving Lender to make any Revolving Loan required to be made by it shall not relieve any other Revolving
Lender of its
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