Currency Component definition

Currency Component means, on any given day, the amount equal to the EUR/USD Exchange Rate on that day (or, if such day is not a Trading Day, the EUR/USD Exchange Rate on the immediately preceding Trading Day) divided by the EUR/USD Exchange Rate on the Inception Date.
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Currency Component means, on any given day, the amount equal to the GBP/USD Exchange Rate on that day (or, if such day is not a Trading Day, the GBP/USD Exchange Rate on the immediately preceding Trading Day) divided by the GBP/USD Exchange Rate on the Inception Date.
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Currency Component means, collectively, the four currencies which comprise 50% of the Basket to which the Securities are linked. The Currency Component consists of the Euro (EUR), the British pound sterling (GBP), the Japanese yen (JPY), and the Australian dollar (AUD) (each a “Basket Currency” and, collectively, “Basket Currencies”).
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Examples of Currency Component in a sentence

  • If there are not enough Funds available in the designated Currency Component of the Account to clear the entire transaction amount, this Currency Component is debited up to the amount of the available Funds and the remaining amount is debited from the main Currency Component of the Account, regardless of the remaining balance of the Account expressed in the main Currency Component of the Account.

  • The Local Currency Component of the Payment Rate under this REPA shall be paid to Seller in Local Currency.

  • If there are not enough Funds available in the designated Currency Component of the Account to clear the entire transaction amount, this Currency Component is debited up to the amount of the avail- able Funds and the remaining amount is debited from the main Currency Component of the Account, regardless of the remaining balance of the Account expressed in the main Currency Compo- nent of the Account.


More Definitions of Currency Component

Currency Component means, on any given day, the amount equal to the JPY/USD Exchange Rate on that day (or, if such day is not a Trading Day, the JPY/USD Exchange Rate on the immediately preceding Trading Day) divided by the JPY/USD Exchange Rate on the Inception Date.
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Currency Component means, collectively, the four currencies which comprise 50% of the Basket to which the Securities are linked. The Currency Component consists of the Chinese renminbi (CNY), the Japanese yen (JPY), the Singapore dollar (SGD) and the New Taiwan dollar (TWD) (each a “Basket Currency” and, collectively, “Basket Currencies”).
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Currency Component means, collectively, the three currencies which make up 55% of the Basket. The Currency Component consists of the Brazilian real (BRL), the Russian ruble (RUB) and the Indian rupee (INR) (each, a “Basket Currency” and, collectively, the “Basket Currencies”).
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