Base Currency definition

Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.
Base Currency means the currency of account of a Fund as specified in the relevant Supplement relating to that Fund.
Base Currency means US Dollars.

Examples of Base Currency in a sentence

  • The Liquidation Amount shall be paid in the Base Currency by the close of business on the Business Day following the completion of the termination and liquidation under this clause (converted as required by applicable law into any other currency, any costs of such conversion to be borne by you, and (if applicable) deducted from any payment to you).

  • For the purposes of any calculation hereunder, we may convert amounts denominated in any other currency into the Base Currency at such rate prevailing at the time of the calculation as we shall reasonably select.


More Definitions of Base Currency

Base Currency means EUR.
Base Currency means the currency specified as such in Paragraph 11(a)(i).
Base Currency as to a Party, means the Currency agreed to as such in relation to it in Part VII of the Schedule.
Base Currency means Euro.
Base Currency means the base currency of a Fund as specified in the relevant Supplement;
Base Currency has the meaning specified in Section 1.14.
Base Currency in relation to a Sub-Fund, means the currency of account of the Sub-