Currency Component definition

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”). A “Currency Disruption Event” means any of the following events, as determined in good faith by the Calculation Agent:
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.
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.

Examples of Currency Component in a sentence

  • The Bidder must submit form PWGSC-TPSGC 450, Claim for Exchange Rate Adjustments with its bid, indicating the Foreign Currency Component (FCC) in Canadian dollars for each line item for which an exchange rate adjustment is required.

  • Bidder’s estimate of the value of work which would be executed by him during each of the periods stated below, based on his Programme of the Works and the Rates in the Bill of Quantities: QuarterForeign Currency ComponentLocal Currency Component AP-6566 Letter of Bid and Appendecies to BidJ-1Appendix-J to Bid PROPOSED ORGANISATION Organisation chart indicating head office & field office personnel involved in management, supervision and engineering of the Works to be done under the Contract.


More Definitions of Currency Component

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”). A “Currency Disruption Event” shall mean any of the following events, as determined in good faith by the Calculation Agent:
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.

Related to Currency Component

  • Index Component means those securities, assets or reference values of which the Index is comprised from time to time.

  • Component means an article, material, or supply incorporated directly into an end product.

  • Committed dose equivalent (HT,50) means the dose equivalent to organs or tissues of reference (T) that will be received from an intake of radioactive material by an individual during the 50-year period following the intake.

  • Combination Product means any product that comprises a Licensed Compound or Licensed Product sold in conjunction with another active component so as to be a combination product (whether packaged together or in the same therapeutic formulation).