Fixed Exchange Rate definition
Examples of Fixed Exchange Rate in a sentence
The number of Ordinary Shares issuable upon conversion of this Convertible Note (or a portion hereof equal to US$1,000 or any integral multiple thereof) shall be determined by dividing the principal amount (translated into Singapore dollars at the Fixed Exchange Rate specified in the Indenture) of this Convertible Note or portion hereof surrendered for conversion by the Share Conversion Price per Ordinary Share in effect on the Conversion Date.
Fixed Exchange Rate On any conversion into the New Company Shares, US$1 in principal amount of the MCBs shall be translated at a fixed rate of 7.82 Hong Kong dollars.
To the extent such Dollar amount is less then the product of such amount of Euros multiplied by the Fixed Exchange Rate, the Borrower shall deposit, within two Business Days of such notice from the Administrative Agent, Dollars into the Credit-Linked Deposit Account equal to such deficit.
In the case of a ▇▇▇▇▇▇▇ Letter of Credit, the amount of such corresponding Loan shall equal the unreimbursed L/C Disbursement measured in Euros not reimbursed by the Borrower multiplied by the Fixed Exchange Rate.
The Administrative Agent shall provide notice to the Borrower, within two Business Days of such reduction, return or reimbursement, as applicable, of the Dollar amount resulting from such conversion as well as a calculation of the product of such amount of Euros multiplied by the Fixed Exchange Rate.