EUR Spot Rate definition
EUR Spot Rate means the Funding Agent’s spot rate of exchange for the purchase of the relevant currency with the Base Currency in the London foreign exchange market at or about 11.00a.m. on a particular day;
EUR Spot Rate means, at any time, the lowest firm spot foreign exchange rate that the Calculation Agent is able to obtain from leading EUR/USD foreign exchange dealers selected by the Calculation Agent in its sole and absolute discretion for the actual purchase of EUR and sale of USD, expressed as the number of USD units per EUR 1.