Effective Exchange Rate. (a) Unless otherwise agreed between the CBM and the Fund, all drawings, exchanges, and payments of principal and interest under this agreement shall be made at the exchange rates for the relevant currencies in terms of the SDR established pursuant to Article XIX, Section 7(a) and the rules and regulations of the Fund thereunder for the second business day of the Fund before the value date of the transfer, exchange or payment. If this exchange rate determination date is not a business day in Valletta, such date shall be the last preceding business day of the Fund that is also a business day in Valletta.
Effective Exchange Rate. (a) Unless otherwise agreed between the National Bank of Belgium and the Fund, all drawings, exchanges, and payments of principal and interest under this agreement shall be made at the exchange rates for the relevant currencies in terms of the SDR established pursuant to Article XIX, Section 7(a) of the Fund’s Articles of Agreement and the rules and regulations of the Fund thereunder for the second business day of the Fund before the value date of the transfer, exchange or payment. If this exchange rate determination date is not a business day in Brussels, such date shall be the last preceding business day of the Fund that is also a business day in Brussels.
Effective Exchange Rate. Unless otherwise agreed between the United Kingdom and the Fund, all drawings, exchanges, and payments of principal and interest under this agreement shall be made at the exchange rates for the relevant currencies in terms of the SDR established pursuant to Article XIX, Section 7(a) and the rules and regulations of the Fund thereunder for the second business day of the Fund before the value date of the transfer, exchange or payment. If this exchange rate determination date is not a business day in (London), such date shall be the last preceding business day of the Fund that is also a business day in (London).
Effective Exchange Rate. (a) Unless otherwise agreed between the Czech National Bank and the Fund, all drawings, exchanges, and payments of principal and interest under this agreement shall be made at the exchange rates for the relevant currencies in terms of the SDR established pursuant to Article XIX, Section 7(a) and the rules and regulations of the Fund thereunder for the second business day of the Fund before the value date of the transfer, exchange or payment. If this exchange rate determination date is not a business day in Prague, such date shall be the last preceding business day of the Fund that is also a business day in Prague.
Effective Exchange Rate. (a) Unless otherwise agreed between the Bank of Finland and the Fund, all drawings, exchanges, and payments of principal and interest under this agreement shall be made at the exchange rates for the relevant currencies in terms of the SDR established pursuant to Article XIX, Section 7(a) and the rules and regulations of the Fund thereunder for the second business day of the Fund before the value date of the transfer, exchange or payment. If this exchange rate determination date is not a business day in Helsinki, such date shall be the last preceding business day of the Fund that is also a business day in Helsinki.
Effective Exchange Rate. (a) Unless otherwise is agreed between Banca d’Italia and the Fund, all drawings, exchanges, and payments of principal and interest under this agreement shall be made at the exchange rates for the relevant currencies in terms of the SDR established pursuant to Article XIX, Section 7(a) and the rules and regulations of the Fund thereunder for the second business day of the Fund before the value date of the transfer, exchange or payment. If this exchange rate determination date is not a business day in Rome, such date shall be the last preceding business day of the Fund that is also a business day in Rome.
Effective Exchange Rate. (a) Unless otherwise agreed between the OeNB and the Fund, all drawings, exchanges, and payments of principal and interest under this agreement shall be made at the exchange rates for the relevant currencies in terms of the SDR established pursuant to Article XIX, Section 7(a) of the Fund’s Articles of Agreement and the rules and regulations of the Fund thereunder for the second business day of the Fund before the value date of the transfer, exchange or payment. If this exchange rate determination date is not a business day in Vienna, such date shall be the last preceding business day of the Fund that is also a business day in Vienna.
Effective Exchange Rate. (a) Unless otherwise is agreed between the Riksbank and the Fund, all drawings, exchanges, and payments of principal and interest under this agreement shall be made at the exchange rates for the relevant currencies in terms of the SDR established pursuant to Article XIX, Section 7(a) and the rules and regulations of the Fund thereunder for the second business day of the Fund before the value date of the transfer, exchange or payment. If this exchange rate determination date is not a business day in Stockholm, such date shall be the last preceding business day of the Fund that is also a business day in Stockholm.
Effective Exchange Rate. Unless otherwise agreed between Australia and the Fund, all drawings, exchanges, and payments of principal and interest under this agreement shall be made at the exchange rates for the relevant currencies in terms of the SDR established pursuant to Article XIX, Section 7(a) and the rules and regulations of the Fund thereunder for the second business day of the Fund before the value date of the transfer, exchange or payment. If this exchange rate determination date is not a business day in Canberra, such date shall be the last preceding business day of the Fund that is also a business day in Canberra.
Effective Exchange Rate. (a) Unless otherwise agreed between Deutsche Bundesbank and the Fund, all drawings, exchanges, and payments of principal and interest under this agreement shall be made at the exchange rates for the relevant currencies in terms of the SDR established pursuant to Article XIX, Section 7(a) and the rules and regulations of the Fund thereunder for the second business day of the Fund before the value date of the transfer, exchange or payment. If this exchange rate determination date is not a business day in Frankfurt am Main, such date shall be the last preceding business day of the Fund that is also a business day in Frankfurt am Main.
