Exchange Currency definition

Exchange Currency has the meaning assigned to such term in the definition of “Exchange Rate”.
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Exchange Currency has the meaning assigned to such term in the definition of “Exchange Rate”. “Exchange Rate” means on any day with respect to any currency (the “Initial Currency”), the rate at which such currency may be exchanged into another currency (the “Exchange Currency”), as set forth at approximately the close of business on the Business Day that such conversion is to be made (or, if such conversion is to be made before close of business on such Business Day, then at approximately the close of business on the immediately preceding Business Day) on such day on the Reuters World Currency Page for the Initial Currency; in
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Exchange Currency means in respect of each LCA Transaction a sum of money made available to you for the sole purpose of converting at the agreed rate to the Deposit Currencies and at the Interest Rate as designated in the Transaction Note;
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Examples of Exchange Currency in a sentence

  • This difference between the recorded sales amount and payment amount is reflected in the "Foreign Exchange Currency Loss of Transaction for Local Sales" account.

  • We acknowledge that Eurex Clearing AG will provide our KRW payment bank with the following information regarding transaction fees in KRW due to Eurex Clearing AG: Name of the Eurex Clearing Member, Exchange, Currency, Product ID and Total Monthly Fees.

  • Foreign currency risk also known as Exchange Currency Risk is the risk that the fair value or future cash flows of an exposure will fluctuate because of changes in foreign exchange rates.

  • As rank and file options is a continuous variable, while cash profit-sharing program is an indicator variable, we convert rank and file options data to a high rank and file option usage indicator variable.

  • Effect of ClearanceUpon acceptance of an Exchange Currency Option by the Clearing Organization, the Clearing Organization shall be substituted as, and assume the position of, the Purchaser to the Clearing Member which is the Grantor and the position of the Grantor to the Clearing Member which is the Purchaser; and thereupon the Clearing Organization shall have all the rights and obligations with respect to such Option as the parties for which it is substituted.Rule 16.28.

  • Underlying: Light Sweet Crude Oil (WTI) (Bloomberg Ticker: CL1 <Comdty>) Rate Source: Unit: Barrel Exchange: NYM – New York Mercantile Exchange Currency: USDDelivery Date: Front Month Specified Price: The official settlement price of the Futures Contract for the Delivery Date.

  • Source OFX (previously known as Canadian Forex Exchange) Currency devaluation in Argentina impacts the cost of ARS denominated items which are translated to the USD functional currency of the Argentine subsidiaries.

  • Here, as set forth above, Salyers’s attorney did not misadvise her, and thus we decline to hold that Salyers’s attorney rendered deficient performance.Salyers fails to overcome the strong presumption that her counsel’s performance was “within the wide range of reasonable professional assistance.” Strickland, 466 U.S. at 689.

  • The disclosure on Commodity Price Risk / Foreign Exchange Currency Risk and Commodity Hedging activities undertakenby the Company is reported under ‘Corporate Governance Report’ forming part of the Directors Report as Annexure IV.

  • Foreign Currency Risk ManagementForeign currency risk also known as Exchange Currency Risk is the risk that the fair value or future cash flows of an exposure will fluctuate because of changes in foreign exchange rates.


More Definitions of Exchange Currency

Exchange Currency means, in relation to a Jersey Company Foreign Exchange Transaction under the Jersey Company Foreign Exchange Agreement, the Currency which is to be sold by the Jersey Company Counterparty and purchased by the Securitisation Company and specified in the Confirmation relating thereto;
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Related to Exchange Currency

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

  • 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.

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

  • 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.

  • 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.

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

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

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

  • freely convertible currency means a currency which is widely traded in international foreign exchange markets and widely used in international transactions.

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

  • 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.

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

  • 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).

  • 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.

  • National Currency means the currency, other than the Euro, of a Participating Member State.

  • Special Notice Currency means at any time an Alternative Currency, other than the currency of a country that is a member of the Organization for Economic Cooperation and Development at such time located in North America or Europe.

  • Foreign Currency means any currency or currency unit issued by a government other than the government of the United States of America.

  • Order Form Currency means the currency in which all calculations shall be made on an Initial Order Form or Order Form unless stipulated otherwise herein. The Order Form Currency is determined as the currency being applied in SAP Cloud pricing applicable to the country of residence of the Customer as defined in the Order Form (if not otherwise agreed therein) and may differ from the Payment Currency.

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

  • 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.

  • Offshore Currency Loan means any Loan denominated in an Offshore Currency.

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

  • National Currency Unit means the unit of the currency of a country as those units are defined on the day before the start of the third stage of European Economic and Monetary Union pursuant to the Treaty or, in connection with the expansion of such third stage, to any country which has not initially participated in such third stage; and

  • Underlying Currency means the Underlying Currency as specified in § 2 of the Product and Underlying Data.

  • 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).

  • Base Currency Amount means, in relation to a Loan, the amount specified in the Utilisation Request delivered by a Borrower for that Loan (or, if the amount requested is not denominated in the Base Currency, that amount converted into the Base Currency at the Agent’s Spot Rate of Exchange on the date which is three Business Days before the Utilisation Date or, if later, on the date the Agent receives the Utilisation Request) adjusted to reflect any repayment or prepayment of the Loan.