Dirham definition

Dirham means the lawful currency of the United Arab Emirates;

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Dirham means the currency of the Guarantor;

Dirham means the currency of the Borrower;

Examples of Dirham in a sentence

• Further, if such currency conversion occurs, you will bear the risk of any fluctuation in the U.S. dollar/Dirham exchange rate between the date you realize U.S. dollar proceeds from your participation in the Plan and the date that you receive cash proceeds converted to Dirham.

• The Bank at its sole discretion will round down the total Cashback earned during a Billing Month to the nearest Dirham.

• UAE Protective Advances may be made in Dirham, Dollars or Euros and shall be UAE Base Rate Borrowings.

• Letters of Credit may be denominated in (i) Dollars, C$, British Pounds Sterling, or Euros for US Letters of Credit, Canadian Letters of Credit and UK Letters of Credit, (ii) Dollars, British Pounds Sterling, Euros or Dirham for UAE Letters of Credit or (iii) Australian Dollars, Dollars, Euros or Singapore Dollars for Singapore Letters of Credit, as the Borrower Representative or any applicable Borrower may request.

• The Customer understands that there is risk associated with any Account denominated in a foreign currency, which for the purposes of these Terms and Conditions means any currency other than UAE Dirham.

More Definitions of Dirham

Dirham and "DH" mean the currency of the Guarantor.

Dirham and “DH" mean the currency of the Borrower;

Dirham mean the lawful currency of the Kingdom of Morocco;

Dirham means the lawful currency in the United Arab Emirates; “Dispute” has the meaning given to it in Clause 26;

Dirham and “MAD” mean the lawful currency of the Borrower;

Dirham means the lawful currency of the Kingdom of Morocco.

Dirham means the lawful currency of the UAE; “Application Form” means the application form completed and signed by the Applicant for business finance on the basis of Salam; “Authorisation” means an authorisation, consent, approval, resolution, licence, exemption, filing, notarisation or registration; “Applicant” The term Applicant/s as used herein shall mean, unless the context otherwise requires, the Applicant and each of the Applicants and Co-Applicants and each and every undertaking shall be joint and several between them.