Fixed Rate of Exchange definition

Fixed Rate of Exchange. ’ means A1.00 = HUF 263.50.
Sample 1Sample 2Sample 3
Fixed Rate of Exchange means £1.00 = US$1.6244. “Group” means the Guarantor and its subsidiaries.
Sample 1
Fixed Rate of Exchange means USD 1 = NOK 6.1612 (the USD: NOK official spot rate of exchange derived from Bloomberg on the Date of Pricing as determined at closing of the market).
Sample 1

Examples of Fixed Rate of Exchange in a sentence

  • The amendments include, but are not limited to, resetting the Conversion Price of the Bonds and the Fixed Rate of Exchange, introducing a cash settlement option at the Last Conversion Date, extending the Last Conversion Date and the issuance of Compensation Bonds (as defined below) and as otherwise set out in this Agreement.

  • Q.4) Write notes :(a) Economic Risk(b) Fixed Rate of Exchange Q.5) Explain various provisions given in FERA as applicable to International Trade.

  • During a Purchaser Optional Conversion Period which runs from 15 January 2015 to 15 May 2019 (or earlier in the event of a change of control of the Company) the bond holder has the option to convert all (but not part only) of the Convertible Bond at the Conversion Price, initially £4.89 per Epistem Ordinary Share at the Fixed Rate of Exchange of$1.6913:£1.

  • The Cash Settled Amount shall be payable as provided in Condition 7(a).The number of Ordinary Shares to be issued or transferred and delivered on exercise of a Conversion Right in respect of a Bond shall be determined by dividing the principal amount of such Bond to be converted (translated into sterling at the Fixed Rate of Exchange) by the conversion price (the "Conversion Price") in effect on the relevant Conversion Date.The initial Conversion Price is £3.9825.

  • The experience of the East Asian countries, that use it strategically, demonstrates that this claim is false.Key WordsBretton Woods, International Trade, Foreign Exchange, Floating Rate of Exchange, Fixed Rate of Exchange, GrowthJEL ClassificationF13, F31.Os artigos dos Textos para Discussão da Escola de Economia de São Paulo da Fundação Getulio Vargas são de inteira responsabilidade dos autores e não refletem necessariamente a opinião da FGV-EESP.

  • The initial Exchange Price is £12.9345 (which, on the basis of the Fixed Rate of Exchange, is equal to US$21.0108) per Ordinary Share and the Exchange Price shall thereafter be subject to adjustment in the circumstances described in the Articles of the Issuer as summarised in paragraph (b) below.

  • The Fixed Rate of Exchange will be announced pursuant to the UCP Announcement.

  • Chairman/Administrator/Chairman of the Board of Administrators, Burdwan Municipality.

  • Fixed Rate of Exchange: 5.813 (the prevailing USD: NOK spot rate on the Date of Pricing).

  • The Conversion Price will be subject to adjustment from time to time in accordance with the Deed Poll.Fixed Rate of ExchangeThe Lead Dealer Managers will determine the Fixed Rate of Exchange (for the purposes of determining the Maximum ECN New Issue Amount) for the conversion of U.S. dollars into sterling by reference to the spot rate of exchange prevailing at or about noon (London time) on 17 November 2009, as appearing on or derived from the Relevant Page.


More Definitions of Fixed Rate of Exchange

Fixed Rate of Exchange means £1.00 = U.S.$1.529.
Sample 1

Related to Fixed Rate of Exchange

  • rate of exchange shall include any premiums and costs of exchange payable in connection with the purchase of, or conversion into, the relevant currency.

  • Spot Rate of Exchange shall include any premiums and costs of exchange payable in connection with the purchase of, or conversion into, United States dollars.

  • available rate of exchange means the rate at which the Creditor Party concerned is able at the opening of business (London time) on the Business Day after it receives the sum concerned to purchase the Contractual Currency with the Payment Currency. This Clause 21.4 creates a separate liability of the Borrower which is distinct from its other liabilities under the Finance Documents and which shall not be merged in any judgment or order relating to those other liabilities.

  • Agent’s Spot Rate of Exchange means the 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 11:00 a.m. on a particular day.

  • rate(s) of exchange means the rate of exchange quoted by Reuters at 10:00 a.m. (New York time) for spot purchases of the Base Currency with the Judgment Currency other than the Base Currency referred to in subsections (b)(1) and (b)(2) above and includes any premiums and costs of exchange payable.

  • Notice of Exchange means the Notice of Exchange substantially in the form of Exhibit B to this Agreement.

  • Exchange Rate Officer s Certificate” means a certificate setting forth (i) the applicable Market Exchange Rate or the applicable bid quotation and (ii) the Dollar or Foreign Currency amounts of principal (and premium, if any) and interest, if any (on an aggregate basis and on the basis of a Security having the lowest denomination principal amount determined in accordance with Section 302 in the relevant Currency), payable with respect to a Security of any series on the basis of such Market Exchange Rate or the applicable bid quotation signed by the Chief Financial Officer or any Vice President of the Company.

  • FX Exchange Rate means the FX Exchange Rate as specified in § 2 of the Product and Underlying Data.

  • Prevailing Exchange Rate means, for purposes of translating, as of any date, any amount in a non-U.S. currency to U.S. dollars, the spot mid-rate of exchange between such currencies prevailing as of 4 p.m., New York City time, on such date, as displayed on, or derived from, Bloomberg page “BFIX” (or, if such page is not available, its equivalent successor page) in respect of such currencies. If such rate cannot be determined as provided in the immediately preceding sentence on such date (which, for the purpose of this definition, will be deemed to be the “affected day”), then the Prevailing Exchange Rate for such date will be determined mutatis mutandis but with respect to the immediately preceding day on which such rate can be so determined; provided, however, that, if such immediately preceding day is before the fifth (5th) day before such affected day, or if such rate cannot be so determined, then the Prevailing Exchange Rate will be determined in such other commercially reasonable manner as determined by the Company in good faith.

  • Reset Rate of Interest means, in relation to a Reset Interest Period, the 7-year Mid-Swap Rate determined for such Reset Interest Period by the Fiscal Agent in accordance with Condition 5 (Interest);

  • Prime Rate of Interest means the prime rate of interest published from time to time in the Wall Street Journal as the prime rate; provided, however that if the Wall Street Journal does not publish the Prime Rate of Interest, then the term “Prime Rate of Interest” shall mean the rate of interest publicly announced by Bank of America, N.A., as its Prime Rate, Base Rate, Reference Rate or the equivalent of such rate, whether or not such bank makes loans to customers at, above, or below said rate.

  • Exchange Rate means, in relation to any amount of currency to be converted into U.S. Dollars pursuant to this Agreement, the U.S. Dollar exchange rate as published in the Wall Street Journal on the relevant date of calculation.

  • Base rate of pay means the employee’s hourly rate of pay excluding any premiums, incentives, add-ons or rollups.

  • Market Exchange Rate means, unless otherwise specified with respect to any Securities pursuant to Section 301, (i) for any conversion involving a currency unit on the one hand and Dollars or any Foreign Currency on the other, the exchange rate between the relevant currency unit and Dollars or such Foreign Currency calculated by the method specified pursuant to Section 301 for the Securities of the relevant series, (ii) for any conversion of Dollars into any Foreign Currency, the noon buying rate for such Foreign Currency for cable transfers quoted in New York City as certified for customs purposes by the Federal Reserve Bank of New York and (iii) for any conversion of one Foreign Currency into Dollars or another Foreign Currency, the spot rate at noon local time in the relevant market at which, in accordance with normal banking procedures, the Dollars or Foreign Currency into which conversion is being made could be purchased with the Foreign Currency from which conversion is being made from major banks located in either New York City, London or any other principal market for Dollars or such purchased Foreign Currency, in each case determined by the Exchange Rate Agent. Unless otherwise specified with respect to any Securities pursuant to Section 301, in the event of the unavailability of any of the exchange rates provided for in the foregoing clauses (i), (ii) and (iii), the Exchange Rate Agent shall use, in its sole discretion and without liability on its part, such quotation of the Federal Reserve Bank of New York as of the most recent available date, or quotations from one or more major banks in New York City, London or other principal market for such currency or currency unit in question, or such other quotations as the Exchange Rate Agent shall deem appropriate. Unless otherwise specified by the Exchange Rate Agent, if there is more than one market for dealing in any currency or currency unit by reason of foreign exchange regulations or otherwise, the market to be used in respect of such currency or currency unit shall be that upon which a nonresident issuer of securities designated in such currency or currency unit would purchase such currency or currency unit in order to make payments in respect of such securities.

  • Current rate of pay means the member's actual hourly, daily, weekly, biweekly, monthly, or yearly rate of pay converted to an annual rate as defined in final rate of pay. The rate shall be certified by the employer;

  • Fixed Rate of Interest means the rate of interest payable from time to time in respect of a Fixed Rate Tier 1 BCN or during the Fixed Interest Rate Period in respect of a Fixed/Floating Rate Tier 1 BCN and that is either specified in the relevant Pricing Schedule or calculated in accordance with the provisions in the relevant Pricing Schedule.

  • Spot Exchange Rate has the meaning specified in the related Terms Document.

  • Judgment Currency has the meaning specified in Section 10.19.

  • Exchange Rate Agent means, with respect to Securities of or within any series, unless otherwise specified with respect to any Securities pursuant to Section 301, a New York Clearing House bank, designated pursuant to Section 301 or Section 313.

  • Canadian-U.S. Exchange Rate means, on any date, the inverse of the U.S. - Canadian Exchange Rate in effect on such date;

  • Actual QP Rate of Pay means the rate of pay which will be paid to the Agency Worker if and when s/he completes the Qualifying Period, as set out in any variation to the relevant Assignment Details Form;

  • Component Currency means any currency which, on the Conversion Date, was a component currency of the relevant currency unit.

  • Judgment Currency Conversion Date shall have the meaning assigned to such term in Section 11.18(a).

  • First Currency has the meaning specified in Section 1.15.

  • Ordinary rate of pay in Clause 17. - Annual Leave means the average rate the employee received for the four weeks preceding the taking of annual leave or the average rate received for the 12 months preceding such leave, whichever shall be the higher, provided that such average shall be computed taking into consideration any extra rates prescribed for night work, etc., and penalty rates for Sunday work where such work is part of the employee's normal working week of five days but excluding any amounts received by way of overtime or holiday penalty rates.

  • Non-LIBOR Quoted Currency means any currency other than a LIBOR Quoted Currency.