foreign currency guarantee definition

foreign currency guarantee means a guarantee given under that section or section 8 of the M4Industry Act 1972 by the Secretary of State under which his liability is measured in a foreign currency, whether or not it is to be discharged in a foreign currency, and for this purpose—
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foreign currency guarantee means a Guarantee issued pursuant to an MGA Foreign Currency Supplement.
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foreign currency guarantee means a Comprehensive Guarantee (unless the relevant Ex-Im Bank Approval shall indicate that it is a Political Risk Guarantee), and shall otherwise have the meaning set forth in Section 4.01.
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Examples of foreign currency guarantee in a sentence

  • Ex-Im Bank's Claim Payments under any Foreign Currency Guarantee shall be made as set forth in Section 8 of this Agreement.

  • Such a Foreign Currency Guarantee prohibits Lender from making a Claim, (and prohibits Ex-Im Bank from making a Claim Payment) for the relevant Credit in any currency other than the Foreign Currency, unless both parties shall agree to such a payment in writing.

  • ACH service are default activated.• Bulk Collection - ACHCollect payments from customers via ACH service.• Trade FinanceProvide online application of Import/Export and Foreign Currency Guarantee services.

  • A Toroidal Orbifold‌ Here we present a detailed analysis of the content of this paper for the case of a toroidal orbifold.

  • This Agreement, along with the Master Guarantee Agreement and the Ex-Im Bank Foreign Currency Approval with respect to each Transaction contain the entire agreement between the parties hereto regarding the Foreign Currency Guarantee of the relevant Credit with respect to such Transaction.

  • The Bankruptcy Code also contains a provision allowing a bankruptcy trustee to set aside fraudulent transfers, found in section 548.

  • Each of the provisions set forth in Sections 4.03 to 4.07 of the Master Guarantee Agreement, with respect to the binding nature of Ex-Im Banks Guarantee, certain rights to terminate any such Guarantee and Ex-Im Banks payments under a Guarantee, shall apply to any Foreign Currency Guarantee under this Agreement as if set forth in full here.

  • Each of the provisions set forth in Sections 4.03 to 4.07 of the Master Guarantee Agreement, with respect to the binding nature of Ex-Im Bank’s Guarantee, certain rights to terminate any such Guarantee and Ex-Im Bank’s payments under a Guarantee, shall apply to any Foreign Currency Guarantee under this Agreement as if set forth in full here.

  • The Ex-Im Bank Guarantee coverage will be a Comprehensive Foreign Currency Guarantee (coverage of commercial risk and political risk) - Buyer Credit.

  • ACH service can also be activated.• Bulk Collection - ACHCollect payments from customers via ACH service.• Trade FinanceProvide online application of Import/Export and Foreign Currency Guarantee services.


More Definitions of foreign currency guarantee

foreign currency guarantee means a guarantee given under that section or section 8 of the M4Industry Act 1972 by the Secretary of State under which his
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Related to foreign currency guarantee

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

  • Foreign Currency Hedge means any foreign exchange transaction, including spot and forward foreign currency purchases and sales, listed or over-the-counter options on foreign currencies, non-deliverable forwards and options, foreign currency swap agreements, currency exchange rate price hedging arrangements, and any other similar transaction providing for the purchase of one currency in exchange for the sale of another currency.

  • Foreign Currency Letter of Credit means a Letter of Credit denominated in a Foreign Currency.

  • 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.

  • Foreign Currency Loan means any Loan denominated in a Foreign Currency.

  • Foreign Currencies means Agreed Currencies other than Dollars.

  • 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).

  • Currency Hedge Obligations means, at any time as to any Person, the obligations of such Person at such time that were incurred in the ordinary course of business pursuant to any foreign currency exchange agreement, option or futures contract or other similar agreement or arrangement designed to protect against or manage such Person’s or any of its Subsidiaries’ exposure to fluctuations in foreign currency exchange rates.

  • Overnight Foreign Currency Rate means, for any amount payable in a Foreign Currency, the rate of interest per annum as determined by the Administrative Agent at which overnight or weekend deposits in the relevant currency (or if such amount due remains unpaid for more than three (3) Business Days, then for such other period of time as the Administrative Agent may elect) for delivery in immediately available and freely transferable funds would be offered by the Administrative Agent to major banks in the interbank market upon request of such major banks for the relevant currency as determined above and in an amount comparable to the unpaid principal amount of the related Credit Event, plus any taxes, levies, imposts, duties, deductions, charges or withholdings imposed upon, or charged to, the Administrative Agent by any relevant correspondent bank in respect of such amount in such relevant currency.

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

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

  • Currency Obligation means any obligation of a Party to deliver a Currency pursuant to an FX Transaction, the application of Section 6.3(a) or (b), or an exercised Option (except, for the purposes of Section 8.1 only, one that is to be settled at its In-the-Money Amount under Section 5.5).

  • Eligible Currency means any currency other than Dollars that is readily available, freely traded, in which deposits are customarily offered to banks in the London interbank market, convertible into Dollars in the international interbank market available to the Lenders in such market and as to which a Dollar Amount may be readily calculated. If, after the designation by the Lenders of any currency as an Agreed Currency, currency control or other exchange regulations are imposed in the country in which such currency is issued, or any other event occurs, in each case with the result that different types of such currency are introduced, such country’s currency is (i) in the determination of the Administrative Agent, no longer readily available or freely traded, or (ii) as to which, in the determination of the Administrative Agent, a Dollar Amount is not readily calculable a “Disqualifying Event”), then the Administrative Agent shall promptly notify the Lenders, the Domestic Borrowers and any applicable Foreign Borrower, and such country’s currency shall no longer be an Agreed Currency until such time as the Disqualifying Event(s) no longer exist, but in any event within five (5) Business Days of receipt of such notice from the Administrative Agent, the Domestic Borrowers or such applicable Foreign Borrower shall repay all Loans in such currency to which the Disqualifying Event applies or convert such Loans into the Dollar Amount of Loans in Dollars, subject to the other terms contained in Article II.

  • Foreign Currency Sublimit means $100,000,000.

  • Alternate Currency Letter of Credit means any Letter of Credit denominated in an Alternate Currency.

  • Designated Foreign Currency means Euros, Canadian Dollars, British pounds, Australian dollars or any other currency (other than Dollars) approved in writing by the Lenders and that is freely traded and exchangeable into Dollars.

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars, Euros, Pound Sterling, Swiss Francs, Mexican Pesos, Australian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank 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.

  • LIBOR Currency means the currency specified on the face hereof as to which LIBOR shall be calculated or, if no currency is specified on the face hereof, United States dollars. “LIBOR Page”

  • Alternative Currency Letter of Credit means a Letter of Credit denominated in an Alternative Currency.

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

  • 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.

  • Fixed Rate Obligation Any Collateral Obligation that bears a fixed rate of interest.

  • Balance Currency means the currency that the trading account is denominated in and all charges including spreads, commissions and swaps, are calculated in that currency.

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