The Exchange Rate Sample Clauses

The Exchange Rate. The Administrative Agent shall determine the applicable Exchange Rate as of each Revaluation Date to be used for calculating the Dollar Equivalent amount of Letters of Credit that are denominated in Euros or Canadian Dollars. Such Exchange Rate shall become effective as of such Revaluation Date and shall be the Exchange Rate employed in converting any amount between Euros and Dollars or Canadian Dollars and Dollars until the next occurring Revaluation Date.
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The Exchange Rate. The Price Per Share, pre-money valuation, Minimum Round Amount and the Maximum Round Amount were determined for purpose of this Agreement in NIS based on the $/NIS exchange Rate as of April 28, 2021 (3.25 NIS per 1 USD) (the "Exchange Rate"). In case of a change of more than 10% between the Exchange Rate and the $/NIS exchange rate as of the Closing, the Company shall have the right to change the NIS amount of the Price Per Share, its pre-money valuation, the Minimum Round Amount and the Maximum Round Amount, so that such numbers and amounts shall reflect the actual $/NIS exchange rate as of the Closing date. If any Investor transfer its portion of the Investment Amount to the Company in US dollar, such investment shall be converted for purpose of determining the Price Per Share of the Issued Shares in NIS based on the Exchange Rate.
Sample 1

Related to The Exchange Rate

  • Exchange Rates Notwithstanding the foregoing, for purposes of any determination under Section 9, Section 10 or Section 11 or any determination under any other provision of this Agreement expressly requiring the use of a current exchange rate, all amounts incurred, outstanding, or proposed to be incurred or outstanding in currencies other than Dollars shall be translated into Dollars at the Spot Rate; provided, however, that for purposes of determining compliance with Section 10 with respect to the amount of any Indebtedness, Restricted Investment, Lien, Asset Sale, or Restricted Payment in a currency other than Dollars, no Default or Event of Default shall be deemed to have occurred solely as a result of changes in rates of exchange occurring after the time such Indebtedness, Lien or Restricted Investment is incurred or Asset Sale or Restricted Payment made; provided that, for the avoidance of doubt, the foregoing provisions of this Section 1.6 shall otherwise apply to such Sections, including with respect to determining whether any Indebtedness, Lien, or Investment may be incurred or Asset Sale or Restricted Payment made at any time under such Sections. For purposes of any determination of Consolidated Total Debt or Consolidated First Lien Secured Debt, amounts in currencies other than Dollars shall be translated into Dollars at the currency exchange rates used in preparing the most recently delivered Section 9.1

  • Adjustment of Exchange Rate The Exchange Rate shall be adjusted from time to time by the Company as follows:

  • The Exchange Subject to the terms and conditions of this Agreement, on the Closing Date (as hereinafter defined):

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