Common use of Tokyo time Clause in Contracts

Tokyo time. The exchange rate for the currency of Australia on any Business Day will be the U.S. dollar/Australian dollar exchange rate in the interbank market, expressed as the amount of U.S. dollars per one Australian dollar, as reported by Bloomberg on page TKC7, or any substitute page, at approximately 3:00 p.m., Tokyo time. If the Ending Value for any currency in the Currencies Group is less than the Starting Value used for the computation of the Currency Return Percentage, then the Currency Return Percentage will be negative. However, the Supplemental Return Amount cannot be less than zero.