Settlement Currency Clause Samples

Settlement Currency. USD Exchange: The New York Stock Exchange Related Exchange: All Exchanges Prepayment: Not Applicable Variable Obligation: Not Applicable Initial Forward Price: For each Transaction, as specified in the Supplemental Confirmation for such Transaction, to be the product of (i) an amount equal to 1 minus the Forward Hedge Selling Commission Rate (as defined in the Sales Agreement and specified in the Supplemental Confirmation for such Transaction) applicable to such Transaction; and (ii) the Volume-Weighted Hedge Price for such Transaction (such product adjusted as the Calculation Agent determines appropriate to (x) reflect on each day during the Forward Hedge Selling Period and through the Effective Date the sum of 1 and the Daily Rate for such day multiplied by the then-Initial Forward Price as of such day and (y) reduce the then-Initial Forward Price by the relevant Forward Price Reduction Amount on each Forward Price Reduction Date, if any, occurring on or before the Trade Date). Forward Price: For each Transaction, on the Effective Date of such Transaction, the Initial Forward Price, and on any day thereafter, the product of the Forward Price on the immediately preceding calendar day and 1 + the Daily Rate * (1/365); provided that the Forward Price on each Forward Price Reduction Date shall be the Forward Price otherwise in effect on such date minus the Forward Price Reduction Amount for such Forward Price Reduction Date. Volume-Weighted Hedge Price: For each Transaction, as specified in the Supplemental Confirmation for such Transaction, to be the volume-weighted average of the prices per share of Forward Hedge Shares (as defined in the Sales Agreement) sold pursuant to the Sales Agreement on each Trading Day of the Forward Hedge Selling Period (as defined in the Sales Agreement) for such Transaction, as determined by the Calculation Agent.

Settlement Currency. EUR. Cash Settlement Payment Dates: In relation to each Valuation Date t, the following dates: Cash Settlement Payment Date t=1: 17 March 2016 Cash Settlement Payment Date t=2: 19 September 2016 Cash Settlement Payment Date t=3: 17 March 2017 Cash Settlement Payment Date t=4: 18 September 2017 Cash Settlement Payment Date t=5: 19 March 2018 Cash Settlement Payment Date t=6: 17 September 2018 Cash Settlement Payment Date t=7: 18 March 2019 Cash Settlement Payment Date t=8: 17 September 2019 Cash Settlement Payment Date t=9: 17 March 2020 Cash Settlement Payment Date t=10: 17 September 2020 Equity Amounts: The Equity Amount payable (if any) by the Equity Amount Payer to the Equity Amount Receiver in respect of each Valuation Date t (from t=1 to t=10 inclusive) on the immediately following Cash Settlement Payment Date t shall be determined as follows: ● If on any Valuation Date t (for t=1 to t=10), 2  Indexi,t  i=1  Index   ≥ 85% (the “Equity Threshold”), then the Equity Amount Payer will pay to the Equity Amount Receiver on the immediately following Cash Settlement Payment Date t, an amount in EUR determined according to the following formula: Notional Amount × 4.10% However, to the extent that the Equity Threshold is not met in respect of any Valuation Date t, the Equity Amount payable by the Equity Amount Payer on the immediately following Cash Settlement Payment Date t, will be zero.

Settlement Currency. USD Settlement Date: The date that falls one Settlement Cycle after the relevant Valuation Date, or, if the Settlement Amount is less than zero, the date one Settlement Cycle following the last day of the Settlement Valuation Period.

Settlement Currency. As and where supported by the relevant Payment Method Providers, Airwallex will process Transactions and pay Settlement Payments to you in the Settlement Currency. You acknowledge that Airwallex is not obliged to process any Transaction, or settle a Settlement Payment to you, in a currency that is not a Supported Currency.

Settlement Currency. USD (all amounts shall be converted to the Settlement Currency in good faith and in a commercially reasonable manner by the Calculation Agent)

Settlement Currency. All Transactions under the Agreement shall be submitted to Member and Servicer in one of the Submission Currencies identified on Exhibit A and the all settlements with respect to such Transactions shall be in the Settlement Currency that is identical to the Submission Currency. Carrier may request that Member and Servicer permit that Applicable Transactions be settled with a Settlement Currency that is different than the Submission Currency for such Transactions. Carrier acknowledges and agrees that a currency conversion would be required and that Member and Servicer would have employ their exchange rate methodology in making any such currency conversion and the costs associated with such conversion would be passed on to Carrier.

Settlement Currency. USD (all amounts shall be converted to the Settlement Currency in good faith and in a commercially reasonable manner by the Calculation Agent) Settlement Date: For each Transaction, any Scheduled Trading Day following the Effective Date and up to and including the Final Date that is either:

Settlement Currency. Settlement currency for the Account is in US dollars unless ▇▇▇ Online agrees otherwise; 除非 ▇▇▇ Online 同意，否則在帳戶中的結算貨幣是美元；

Settlement Currency. EUR. Cash Settlement Payment Dates: In relation to each Valuation Date t, the following Cash Settlement Payment Dates from t=1 to t=5 set out below: