Common Currency definition

Common Currency means Dollars.
Common Currency means Sterling.
Common Currency means United States Dollars (US$).

Examples of Common Currency in a sentence

  • A Rapid or Evolutionary Approach: The EEC's Adoption of the ECU as a Common Currency.

  • The roadmap had two major milestones: West African Monetary Zone (WAMZ) in 2015, and a Common Currency in 2020 for the ECOWAS single currency.

  • For the purpose of ascertaining whether any relevant percentage of Super Senior Credit Participations or Pari Passu Credit Participations has been obtained under this Agreement, the Intercreditor Agent may notionally convert the Super Senior Credit Participations and/or Pari Passu Creditor Participations into their Common Currency Amounts.

  • For the purpose of ascertaining whether any relevant percentage of Senior Credit Participations has been obtained under this Agreement, the Security Agent may notionally convert the Senior Credit Participations into their Common Currency Amounts.

  • Public Debt Management in a Common Currency Area Following the birth of the euro, government debt previously denomi- nated in national currency has been converted into the new common cur- rency.


More Definitions of Common Currency

Common Currency means euro.
Common Currency means sterling.
Common Currency means sterling, the lawful currency for the time being of United Kingdom.
Common Currency means the lawful currency for the time being of the United States of America. Common Currency Amount means, in relation to an amount, that amount converted (to the extent not already denominated in the Common Currency) into the Common Currency at the Spot Rate of Exchange on the Business Day prior to the relevant calculation. Common Transaction Security means any Transaction Security which to the extent legally possible:
Common Currency means Icelandic Krona.
Common Currency means United States Dollars.