Currency Conversion definition

Currency Conversion means, with respect to a disbursement or with respect to all or part of an Outstanding Loan Balance, a change in the currency of denomination to a Local Currency or a Principal Currency.

Currency Conversion means a change of the Loan Currency of all or any amount of the Unwithdrawn Loan Balance or the Withdrawn Loan Balance to an Approved Currency.

Currency Conversion means a factor used in calculating Price or Material Cost, or any part thereof, for purchases in a currency other than the currency in which Nortel Networks is required to pay Flextronics hereunder, based on the “FX Bench” forward currency rate as published by Reuters 12.00 CET on the mutually agreed date for pricing (the “Exchange Rate”), or any other benchmark as otherwise agreed in the applicable VSHA.

Examples of Currency Conversion in a sentence

• The Bank agrees to lend to the Borrower, on the terms and conditions set forth or referred to in this Agreement, the amount of twenty seven million five hundred thousand Dollars ($27,500,000), as such amount may be converted from time to time through a Currency Conversion in accordance with the provisions of Section 2.07 of this Agreement (“Loan”), to assist in financing the project described in Schedule 1 to this Agreement (“Project”).

• The Bank agrees to lend to the Borrower, on the terms and conditions set forth or referred to in this Agreement, the amount of two hundred thirty million Dollars ($230,000,000), as such amount may be converted from time to time through a Currency Conversion in accordance with the provisions of Section 2.07 of this Agreement (“Loan”), to assist in financing the project described in Schedule 1 to this Agreement (“Project”).

• The Bank agrees to lend to the Borrower the amount of four hundred fifty million Dollars (USD 450,000,000), as such amount may be converted from time to time through a Currency Conversion (“Loan”), to assist in financing the project, as the project is described in Schedule 1 to this Agreement (“Project”).

• The Bank agrees to lend to the Borrower, on the terms and conditions set forth or referred to in this Agreement, the amount of $300,000,000 (three hundred million Dollars), as such amount may be converted from time to time through a Currency Conversion in accordance with the provisions of Section 2.07 of this Agreement (“Loan”).

More Definitions of Currency Conversion

Currency Conversion rates: Investing in financial instruments with an underlying asset listed in a currency other than your base currency entails a currency risk, as the financial instrument is settled in a currency other than your base currency and hence the value of your return may be affected by its conversion into the base currency. The conversion rate is taken from the trading system. Similarly, when the funds deposited by the client in the Company’s clients account(s), are not in the currency of the above mentioned account(s), the Company will convert the funds into the account’s currency, at the exchange rate given by the local Banks in Cyprus, such as Bank of Cyprus.

Currency Conversion. A conversion rate equal to the average of the closing mid-point spot rates, as reported by Bloomberg, L.P., for each trading day in the period commencing 1 October, 2002, (being the date of the first interest default by Telewest or Telewest Jersey under the Notes) up to and including • • 2003 (being the latest practicable date for inclusion of information in the Explanatory Statement before printing).

Currency Conversion means the settlement, based on the applicable Spot Rate, of (i) a Canadian Dollar-denominated Canadian Allocation and Shortfall Payment Amount in U.S. Dollars or (ii) a U.S. Dollar-denominated U.S. Shortfall Payment Amount in Canadian Dollars.

Currency Conversion means a change of the Loan Currency of all or any portion of the principal amount of the Loan, withdrawn or unwithdrawn, to an Approved Currency.

Currency Conversion means a factor used in calculating Price, or any part thereof, for purchases in a currency other than the currency in which Nortel Networks is required to pay Flextronics hereunder, based on a rolling three (3) month window for the exchange of such other currency into such payment currency required from Nortel Networks as published by the Royal Bank of Canada from time to time (the “Exchange Rate”). Currency fluctuations shall be measured when the invoices are produced. If there is a fluctuation of ±5% in the Exchange Rate from the preceding month, the Currency Conversion factor shall be adjusted to reflect the Exchange Rate in the current months invoice.

Currency Conversion means a change of the Credit Currency of all or any amount of the Unwithdrawn Credit Balance or the Withdrawn Credit Balance to an Approved Currency.

Currency Conversion means an additional functionality where the Cardholder is offered to execute the payment in the Card’s billing currency. Delivery Date shall have the meaning ascribed hereto under section 21 of the Special terms and conditions for hire and license. Designated Account(s) means the account(s) for payment under this Agreement established and maintained by the Merchant at financial institution(s) acceptable to Bambora and set out in the application. Equipment means the Software and the Hardware.