Examples of Australian Dollar Equivalent in a sentence
Australian Dollar Equivalent means for an amount denominated in an Alternate Currency, the Australian Dollar Equivalent of that amount determined on the basis of the spot rate of exchange for the sale of Australian Dollars against the purchase of the relevant Alternate Currency in the Sydney foreign exchange market quoted by any leading bank selected by the Issuer on the relevant calculation date.
Australian Dollar Equivalent means, in relation to any amount in a currency other than Australian dollars, that amount converted into Australian dollars at the spot rate of exchange for that currency as listed on the Reserve Bank of Australia website on, where the date on which the determination of that amount is required to be made: (a) is a Business Day, that date; or (b) is not a Business Day, the immediately preceding Business Day.
The price for each share of Stock purchased under this Option Agreement shall be AUD XX the Australian Dollar Equivalent of U.S.$XX.
Australian Dollar Equivalent means, where a sum to which this deed relates is not stated in Australian dollars, the amount determined by converting the amount in foreign currency into Australian dollars at the Exchange Rate existing when the relevant revenue was earned or receivable, or the relevant expenditure was incurred, by the Payer.
On the Closing Date the ------------------------------------- Australian LC Issuing Bank will issue to the Australian Term Loan Facing Bank for the account of the Borrower an A$ denominated letter of credit with an initial Letter of Credit Undrawn Availability equal to the Australian Dollar Equivalent of $40,000,000, substantially in the Form of Exhibit I-1 hereto (the "Australian Term Loan Letter of Credit").