COP TRM definition
COP TRM. (COP02) Rate” means, in respect of a COP Valuation Date, the COP/USD fixing rate for USD, expressed as the amount of COP per one USD, for settlement on the same day reported by the Colombian Financial Superintendency (www.banrep.gov.co) as the “Tasa Representativa del Mercado (TRM)” (also referred to as the “Tasa de Cambio Representativa del Mercado” (TCRM)) as published on the Reuters Screen CO/COL03 Page opposite the caption “TCRM” below the heading “Hoy” at approximately 12:00 noon, Bogota time, on the first Bogota Business Day following the relevant COP Valuation Date (or such other page or service as may replace such page for the purposes of displaying such “COP TRM” (COP02) Rate), provided that the “COP TRM” (COP02) Rate found on the website of the Colombian Financial Superintendency shall prevail in case of conflict with the rate appearing on Reuters Screen CO/COL03 page. If the Reuters Screen CO/COL03 Page no longer reports such rate or is no longer available and has not been replaced by any other page or service, the Calculation Agent shall be entitled to obtain such rate as reported by the Colombian Financial Superintendency from any other screen or information source that it deems appropriate in good faith and in a commercially reasonable manner.
COP TRM or “COP02” each means that the Spot Rate for a Rate Calculation Date will be the Colombian Peso/U.S. Dollar fixing rate, expressed as the amount of Colombian Pesos per one U.S. Dollar, for settlement on the same day reported by the Colombian Financial Superintendency (www.banrep.gov.co)
COP TRM or “COP02” each means that the Spot Rate for a Rate Calculation Date will be the Colombian Peso/U.S. Dollar fixing rate, expressed as the amount of Colombian Pesos per one U.S. Dollar, for settlement on the same day reported by the Colombian Financial Superintendency (www.banrep.gov.co) as the “Tasa Representativa del Mercado (TRM)” (also referred to as the “Tasa de Cambio Representativa del Mercado” (TCRM)) by not later than 10:30 a.m., Bogotá time, on the first Business Day following that Rate Calculation Date.
More Definitions of COP TRM
COP TRM. (COP02) Rate” means, in respect of a Rate Fixing Date, the COP/USD fixing rate for USD, expressed as the amount of COP per one USD, for settlement on the same day reported by the Colombian Financial Superintendency (www.banrep.gov.co) as the “Tasa Representativa del Mercado (TRM)” (also referred to as the
COP TRM. (COP02) Rate” means, in respect of a COP Valuation Date, the COP/USD fixing rate for USD, expressed as the amount of COP per one USD, for settlement on the same day reported by the Colombian Financial Superintendency (www.banrep.gov.co) as the “Tasa Representativa del Mercado (TRM)” (also referred to as the “Tasa de Cambio Representativa del Mercado” (TCRM)) and which appears on the Reuters Screen CO/COL03 Page opposite the caption “TCRM” below the heading “Hoy” at approximately 12:00 noon, Bogota time, on the first Bogota Business Day following the relevant COP Valuation Date.
COP TRM. (COP02) Rate” means, in respect of a Rate Fixing Date, the COP/USD fixing rate for USD, expressed as the amount of COP per one USD, for settlement on the