Eligible Currencies definition

Eligible Currencies means the pricing currencies in which the Share classes
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Eligible Currencies means the currencies listed in Appendix I, paragraph 3;
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Eligible Currencies means such one or more currencies specified by the Bank from time to time as being the currencies in which a Debt may be denominated, and the Eligible Currencies as at the date of this Agreement shall be United States Dollars, British Pounds, French Francs, German Marks, Japanese Yen, Canadian Dollars, Italian Lira, Hong Kong Dollars and EURO, and “Eligible Currency” shall be construed accordingly;
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Examples of Eligible Currencies in a sentence

  • The Clearing House may require a Clearing Member or Clearing Members to transfer cash in other Eligible Currencies or Permitted Cover with the Clearing House in substitution for any Permitted Cover already transferred to the Clearing House.

  • Details of Eligible Currencies and other Permitted Cover that may be used to satisfy Margin obligations will be notified to Clearing Members from time to time by a Circular.

  • The Securities are denominated in one or more Eligible Currencies.

  • The Clearing House may, at its discretion, vary or alter Margin requirements, nature or types of acceptable Eligible Currencies and Permitted Cover, specify proportions or maximum proportions of cash or asset classes to be provided as Margin or modify any valuation procedures or haircuts set out in or established pursuant to the Finance Procedures, Circulars or any risk policies.

  • The term "Permitted Cover" means cash in Eligible Currencies and other assets determined by the Clearing House as permissible for Margin, Guaranty Fund Contributions or other financial resource requirements specified by the Clearing House and includes, where the context so requires, any such cash or assets transferred to the Clearing House and any proceeds of realisation of the same.

  • The Clearing House may, at its discretion, vary or alter the standard Margin requirements, nature or types of acceptable Eligible Currencies and Permitted Cover, specify proportions or maximum proportions of asset classes or modify any valuation procedures or haircuts set out in the Procedures.

  • The term "Permitted Cover" means cash in Eligible Currencies and other assets determined by the Clearing House as permissible for Margin or Guaranty Fund Contributions and includes, where the context so requires, any such cash or assets transferred to the Clearing House and any proceeds of realisation of the same.

  • The term "Permitted Cover" means assets or cash determined by the Clearing House as permissible for Margin or Guaranty Fund Contributions, including cash in Eligible Currencies and includes, where the context so requires, any such assets transferred to the Clearing House and any proceeds of realisation of the same.

  • It has integrated various product lines and continues to make significant progress on those product lines.

  • For the purpose of performing such cross-currency offset, Favourable Marks and Unfavourable Marks in Eligible Currencies other than Hong Kong dollar will be converted to Hong Kong dollar equivalent at such exchange rate and subject to such haircut rate as determined by HKSCC from time to time for computation.


More Definitions of Eligible Currencies

Eligible Currencies means Euro, Swiss Francs, Japanese Yen, U.S. Dollars, Canadian Dollars and Sterling and "Eligible Currency" means any of them.
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Eligible Currencies means such currencies specified by the Bank from time to time as being the currencies in which a Debt may be denominated;
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Eligible Currencies means the currencies listed in Appendix 1;“Eligible Securities”means the unencumbered securities and financial instruments listed in Appendix 1;“EMEAP Members”refer to the central banks and monetary authorities who are members of the Executives’ Meeting of East Asia-Pacific Central Banks (EMEAP) which include Australia, China, Hong Kong Indonesia, Japan, Malaysia, New Zealand, Philippines, Singapore, South Korea and Thailand;“Floor Rate”refers to the lower limit of the Corridor which is the rate at which excess funds are placed by the Interbank Institutions with the Bank under the Deposit/Acceptance Facility;“GMRA”refers to the Global Master Repurchase Agreement, an international standard repurchase agreement prepared by the International Capital Market Association (ICMA) as entered into between the Bank and an Interbank Institution;“Interbank Institutions”mean-(a) a licensed bank and a licensed investment bank under the FSA;(b) a licensed Islamic bank including a licensed International Islamic bank under the IFSA; and(c) a prescribed development financial institution under the DFIA,which are approved by the Bank as participants of the wholesale interbank market;“ISDA Agreement”refers to a master agreement governing over-the counter derivatives transactions prepared by the International Swaps and Derivatives Association as entered into between the Bank and an Interbank Institution;“Lending/Funding Facility”means the lending/funding facility set out in Part B provided by the Bank to meet temporary liquidity needs of the Interbank Institutions;“Margin”means the initial margin imposed by the Bank on the Eligible Securities of the Interbank Institutions for the Lending/Funding Facility;“OPR”means the overnight policy rate announced by the Bank from time to time;
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Related to Eligible 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.

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

  • Foreign Currencies means Agreed Currencies other than 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.

  • 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.

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

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

  • freely usable currency means freely usable currency as defined under the Articles of Agreement of the International Monetary Fund.

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

  • Foreign Currency LC Exposure means, at any time, the sum of (a) the Dollar Amount of the aggregate undrawn and unexpired amount of all outstanding Foreign Currency Letters of Credit at such time plus (b) the aggregate principal Dollar Amount of all LC Disbursements in respect of Foreign Currency Letters of Credit that have not yet been reimbursed at such time.

  • Balance Currency means the currency under which the trading account has the reference on and with which the Client buys or sells the subject matter instruments. It is noted that the all charges including Spreads, Commissions, Charges and Swaps are calculated in the Balance Currency.

  • Quote Currency means the second currency in the Currency Pair which can be bought or sold by the Client for the Base Currency.

  • 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.

  • Currencies means the collective reference to Dollars and Available Foreign Currencies.

  • 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.

  • Reference Currency means the currency specified as such in the applicable Final Terms.

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

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

  • Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.

  • Dollar Equivalent of the Currency Unit shall be determined by the Exchange Rate Agent and subject to the provisions of paragraph (h) below shall be the sum of each amount obtained by converting the Specified Amount of each Component Currency into Dollars at the Market Exchange Rate for such Component Currency on the Valuation Date with respect to each payment.

  • Alternative Currency Daily Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Daily Rate.” All Alternative Currency Daily Rate Loans must be denominated in an Alternative Currency.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • 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).

  • Canadian Dollar means the lawful currency of Canada.

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

  • Canadian Dollars means the lawful currency of Canada.