Foreign Exchange Reserve definition

Foreign Exchange Reserve has the meaning set forth in Section 2.1.3 herein.

Foreign Exchange Reserve means, as of any date of determination, a reserve for foreign currency exchange rate risk (in relation to Dollars) with respect to the Eligible Inventory and in such amount as shall be determined by Agent in its Permitted Discretion from time to time.

Foreign Exchange Reserve means an amount equal to ten percent (10%) of the Dollar equivalent of all of Borrower's outstanding Currency Obligations.

Examples of Foreign Exchange Reserve in a sentence

• Special reserve for foreign exchange valuation reserve According to Jin Guan Bao Tsai No. 10102501551 issued on February 7, 2012 and Article 9 of the Direction for Reserve for Foreign Exchange Reserve, the Company should appropriate a special reserve of 10% of the profit after tax in order to strengthen the foreign exchange reserve and capital.

• Treatments for accumulation limit of related reserves, method for provision or writing-off, and other binding matters shall be in compliance with “Guidelines for Foreign Exchange Reserve by Life Insurance Enterprises” and relevant regulations.(30) Income taxA.

• SBP publishes its Foreign Exchange Reserve through “International Reserves and Foreign Currency Liquidity Template” on monthly basis.

• Lack of Proper Use of Foreign Exchange Reserve — Many countries due to improper and underutilization of their foreign exchange reserve face disequilibrium.

• According to Jin Guan Bao Tsai No. 10102501551 and Jin Guan Bao Tsai No. 10402026901 issued on May 8, 2015 and Article 8 of the Direction for Reserve for Foreign Exchange Reserve, the Company should set aside special reserve as the amount of hedging expense saved.

More Definitions of Foreign Exchange Reserve

Foreign Exchange Reserve means the amount as determined by Bank from time to time in accordance with Bank’s credit policies to be the Bank’s credit exposure to Borrower under foreign exchange contracts with Borrower.

Foreign Exchange Reserve means all reserves which the Lender from time to time establishes in its Permitted Discretion with respect to Foreign Exchange Obligations of the Borrower. As of the date hereof, the Foreign Exchange Reserve is $455,130.00.

Foreign Exchange Reserve is defined in Section 2.1.3.

Foreign Exchange Reserve means, as of any date of date of determination, a reserve for foreign currency exchange rate risk with respect to the UK Sub Collateral in such amount as shall be determined by Agent in its Permitted Discretion from time to time on or after the Closing Date.

Foreign Exchange Reserve means a reserve equal to the sum of: (a) five percent (5%) of the notional amount of all Foreign Exchange Transactions in $ Canadian, plus (b) a percentage of the notional amount of all Foreign Exchange Transactions outstanding, as determined by the Agent in its reasonable discretion, for (i) currency other than $ Canadian, or (ii) Foreign Exchange Transactions greater than 90 days; plus (c) on any Business Day, the amount of the settlement risk on the next Business Day less any amounts deposited by Borrower with Agent on account of such settlement risk at least one Business Day before such settlement day, provided, however, that such reserve on account of this clause (c) shall not exceed $5,000,000 on any Business Day; plus (d) a reserve to be established on the day a Foreign Exchange Transaction is entered into in an amount by which such settlement risk relating to such Foreign Exchange Transaction exceeds $5,000,000.

Foreign Exchange Reserve means, as of any date of determination, an ------------------------ amount to be determined by Agent in its Permitted Discretion.

Foreign Exchange Reserve means, at any date during which a foreign exchange contract is outstanding between Borrower and Bank of America, the sum of $1,500,000, plus such amount as Lender, in its Discretion, calculates to be its current exposure with respect to foreign exchange contracts then outstanding."