Designated Currencies definition

Designated Currencies means, with respect to (a) Polaris Sales Europe Sàrl, Dollars, Swiss Francs and Euros and (b) each other Foreign Borrower, the Agreed Currencies designated for such Foreign Borrower in the Assumption Letter applicable to such Foreign Borrower.
Sample 1Sample 2Sample 3
Designated Currencies means Dollars, Canadian dollars, United Kingdom pounds sterling, Euros and any other available and freely tradable eurocurrency which has been proposed as a Designated Currency by the Parent and is approved in writing as a Designated Currency by all of the Lenders from time to time.
Sample 1Sample 2Sample 3
Designated Currencies means, with respect to (a) Polaris Sales Europe S. à r.l., Dollars, Swiss Francs and Euros and(b) each other Foreign Borrower, the Agreed Currencies designated for such Foreign Borrower in the Assumption Letter applicable to such Foreign Borrower.
Sample 1

Examples of Designated Currencies in a sentence

  • Upon such execution, delivery and consent, such Foreign Subsidiary shall for all purposes be a party hereto as a Foreign Borrower, authorized to borrow in its Designated Currencies, as fully as if it had executed and delivered this Agreement.

  • Each Revolving Credit Loan shall be made to a single Borrower and shall be made in one of the Designated Currencies selected by the Parent in accordance with this Article II.

  • Subject to the terms and conditions hereof from time to time prior to the Termination Date, Borrowers may individually or jointly borrow, repay and reborrow and the Bank agrees to lend, Multicurrency Advances in one or more Designated Currencies but not exceeding in the aggregate principal amount outstanding as of the respective date each Multicurrency Advance is made hereunder the equivalent of U.S. $10,000,000.

  • Subject to the terms of this Agreement, each Borrower may borrow, repay and reborrow the Revolving Loans at any time prior to the Facility Termination Date; provided, that a Foreign Borrower may only borrow in its respective Designated Currencies.

  • Hedged Share Classes may be in such Designated Currencies as the Board of Directors may decide from time to time.

  • Subject to the terms of this Agreement, each Borrower may borrow, repay and reborrow at any time prior to the Facility Termination Date; provided, that a Foreign Borrower may only borrow in its respective Designated Currencies.

  • Exchange Rate Premium offer Designated CurrenciesExchange Rate PremiumRMBBank Sell rate minus 0.0040USDBank Sell rate minus 0.0050 • This offer is only applicable to Eligible Customers converting HK$100,000 or above into RMB or USD for every single transaction ("Designated Currencies") via any branch of the Bank; and the offer is not applicable to the conversion of Designated Currencies into HKD or other currencies, or to the conversion between Designated Currencies.

  • If the Borrowers fail to make such payment when due, such amount, if denominated in Canadian Dollars or other Designated Currencies, shall be converted to U.S. Dollars and shall bear interest at the Alternate Base Rate and the Administrative Agent shall notify each Lender of the applicable LC Disbursement, the payment then due from the Borrowers in respect thereof and such Lender’s Applicable Percentage thereof.

  • US/UK Tranche Commitments under which the US/UK Tranche Borrowers may obtain Revolving Loans in US Dollars, Sterling, Euro and Designated Currencies.

  • Designated Currencies Unless otherwise disclosed in the relevant Supplement, Units are available in each Fund in each Unit category as hedged classes and unhedged classes in the following currencies: AUD, CAD, CHF,CNY, CZK, DKK, EUR, GBP, HKD, ISK, JPY, NOK, , SEK, SGD and USD.


More Definitions of Designated Currencies

Designated Currencies means, with respect to each Foreign Borrower, the Agreed Currencies designated for such Foreign Borrower in the Assumption Letter applicable to such Foreign Borrower.
Sample 1
Designated Currencies means Singapore dollars, the currencies specified as a “Designated Currency” in the Merchant Agreement Form (if any), and any other currency which the Bank may from time to time agree in writing, whether in addition to or replacement of any of the such currencies, and “Designated Currency” means any one of them.
Sample 1

Related to Designated Currencies

  • Designated Currency shall have the same meaning assigned to it in Section 3.12.

  • Committed Currencies means lawful currency of the United Kingdom of Great Britain and Northern Ireland and Euros.

  • Agreed Currencies means (i) Dollars, (ii) euro, (iii) Pounds Sterling and (iv) any other currency that is (x) a lawful currency (other than Dollars) that is readily available and freely transferable and convertible into Dollars, (y) available in the London interbank deposit market and (z) agreed to by the Administrative Agent and each of the Lenders.

  • Approved Currency means each of Dollars and each Alternative Currency.

  • Permitted Currency means (1) the legal tender of any Group of 7 country (or any country that becomes a member of the Group of 7 if such Group of 7 expands its membership) or (2) the legal tender of any country which, as of the date of such change, is a member of the Organization for Economic Cooperation and Development and has a local currency long-term debt rating of either AAA or higher assigned to it by Standard & Poor's, a division of The McGraw-Hill Companies, Inc. or any successor to the rating business thereof, Aaa or higher assigned to it by Moody's Investors Service, Inc. or any successor to the rating business thereof or AAA or higher assigned to it by Fitch Ratings or any successor to the rating business thereof;

  • Agreed Currency means Dollars or any Alternative Currency, as applicable.

  • Denomination Currency has the meaning specified in Section 14(b).

  • Alternative Currencies means (a) Euro, (b) Sterling, (c) Yen and (d) each other currency (other than Dollars) approved in accordance with Section 1.08.

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank with respect thereto and all respective Lenders of such Facility with respect thereto in their sole discretion and (ii) with respect to any Loan, any currency other than Dollars that is approved in accordance with Section 1.05.

  • Designated Foreign Currency means Euros, British pounds, Japanese yen or any other currency (other than Dollars and Canadian Dollars) approved in writing by each of the Lenders and that is freely traded and exchangeable into Dollars.

  • Available Currency means Dollars, and any other currency as the relevant Borrower, each of the relevant Revolving Credit Lenders or the relevant Term Lenders, as the case may be, and the Administrative Agent may agree to from time to time.

  • Foreign Currencies means Agreed Currencies other than Dollars.

  • Domestic Currency means the currency specified as such and any successor currency. If no currency is so specified, the Domestic Currency shall be the lawful currency and any successor currency of (i) the relevant Reference Entity, if the Reference Entity is a Sovereign, or (ii) the jurisdiction in which the relevant Reference Entity is organised, if the Reference Entity is not a Sovereign. In no event shall Domestic Currency include any successor currency if such successor currency is the lawful currency of any of Canada, Japan, Switzerland, the United Kingdom or the United States of America or the euro (or any successor currency to any such currency).

  • Optional Currency means a currency (other than the Base Currency) which complies with the conditions set out in Clause 4.3 (Conditions relating to Optional Currencies).

  • Eligible Currency means any lawful currency other than Dollars that is readily available, freely transferable and convertible into Dollars in the international interbank market available to the Lenders in such market and as to which a Dollar Equivalent may be readily calculated. If, after the designation by the Lenders of any currency as an Alternative Currency, any change in currency controls or exchange regulations or any change in the national or international financial, political or economic conditions are imposed in the country in which such currency is issued, result in, in the reasonable opinion of the Required Lenders (in the case of any Loans to be denominated in an Alternative Currency), (a) such currency no longer being readily available, freely transferable and convertible into Dollars, (b) a Dollar Equivalent is no longer readily calculable with respect to such currency, (c) providing such currency is impracticable for the Lenders or (d) no longer a currency in which the Required Lenders are willing to make such Credit Extensions (each of clauses (a), (b), (c), and (d), a “Disqualifying Event”), then the Administrative Agent shall promptly notify the Lenders and the Company, and such country’s currency shall no longer be an Alternative Currency until such time as the Disqualifying Event(s) no longer exist. Within, five (5) Business Days after receipt of such notice from the Administrative Agent, the Borrowers shall repay all Loans in such currency to which the Disqualifying Event applies or convert such Loans into the Dollar Equivalent of Loans in Dollars, subject to the other terms contained herein.

  • Offshore Currency means any lawful currency (other than dollars) that the relevant Issuing Bank with respect to any Offshore Currency Letter of Credit, in its sole reasonable opinion, at any time determines to be (a) freely traded in the offshore interbank foreign exchange markets, (b) freely transferable and (c) freely convertible into dollars.

  • Alternative Currency means each of Euro, Sterling, Yen and each other currency (other than Dollars) that is approved in accordance with Section 1.06.

  • Applicable Currency means, as to any particular payment or Loan, Dollars or the Offshore Currency in which it is denominated or is payable.

  • Specified Currency means the currency specified as such hereon or, if none is specified, the currency in which the Notes are denominated.

  • Issue Currency or "SEK" means Swedish Krona. "Launch Date" means 04 March 2022.

  • LIBOR Quoted Currency means each of the following currencies: Dollars; Euro; Sterling; Yen; and Swiss Franc; in each case as long as there is a published LIBOR rate with respect thereto.

  • First Currency has the meaning specified in Section 1.15.

  • Dollar Equivalent of the Foreign Currency has the meaning specified in Section 312(f).

  • Fiat Currency means a currency issued by a country's government or central bank.

  • Non-LIBOR Quoted Currency means any currency other than a LIBOR Quoted Currency.

  • Alternative Currency Daily Rate means, for any day, with respect to any Credit Extension: