BFIX definition
Examples of BFIX in a sentence
For payments of claims or expenses where Euro to US Dollars exchange rate fixing is not defined in the present contract payments shall be done using the exchange rate of the Bloomberg agency BFIX (14:00 Frankfurt), published on site ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇/markets/currencies/fx-fixings as of the date of the invoice (if no quotation is available of this date – the next available quotation to be used).
Euro/US Dollar foreign exchange rate of Bloomberg agency BFIX 14:00 Frankfurt available on the following link: ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇/markets/currencies/fx- fixings on the date of the second quotation publication by Bloomberg agency BFIX 14:00 Frankfurt available following the final quotation day of the month of final price formation.
Where the functional currency of the relevant entity is not US dollars, the Interim Adjusted Cashflow Statements and Final Adjusted Cashflow Statements must be prepared in the functional currency of that entity and then converted into US dollars using an average of the applicable daily Bloomberg Fix exchange rate (code: BFIX) reported by Bloomberg at 4pm (Sydney time) for the relevant Month.
Рl(F) – the arithmetic average of basic quotations rounded to the second decimal place throughout all quotation days of the month of the final price formation for the Goods lot for the respective position; K(F) EUR/USD – the average EURO\ USD fixed by the Bloomberg agency BFIX (14:00 Frankfurt) and published on the site ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇/markets/currencies/fx-fixings throughout all days of the month of the final price formation when BFIX (14:00 Frankfurt) exchange rates are published.
The number of Debentures to be subscribed for will be determined by converting the Adjustment Amount into Australian dollars using the applicable Bloomberg Fix exchange rate (code: BFIX) reported by Bloomberg at 4pm (Sydney time) on the subscription date.
In the event that any Person needs to convert currencies for purposes of calculating the amount of any claim under Section 6.5(d) or Article VII, the relevant exchange rate shall be determined based on the Bloomberg BFIX rate in effect as of 5:00 pm (New York time) two (2) Business Days preceding the date of the written notice given for such claim under Section 6.5(d) or under Section 7.3, as applicable, as published on ▇▇▇▇▇▇▇▇▇.▇▇▇.
The number of Debentures to be subscribed for will be determined by converting the amount required by items 2.6(b) or 6 of Schedule 8 (as applicable) into Australian dollars using the applicable Bloomberg Fix exchange rate (code: BFIX) reported by Bloomberg at 4pm (Sydney time) on the subscription date.
For these purposes, “Exchange Rate” means the rate of exchange published by Bloomberg (Bloomberg currency rates fixing – BFIX) on the relevant date.
For payments of claims or expenses where Euro to US Dollars exchange rate fixing is not defined in the present contract payments shall be done using the exchange rate of the the Bloomberg agency BFIX (14:00 Frankfurt), published on site ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇/markets/currencies/fx-fixings as of the date of the invoice (if no quotation is available of this date – the next available quotation to be used).
Any payments under this Article 5 that are recorded in currencies other than the U.S. Dollar shall be converted into U.S. Dollars at the average of the daily foreign exchange rates using the BFIX currency exchange ratio on Bloomberg as at 12:30 pm New York time for the calendar month in which such payments or expenses occurred.