Foreign Exchange Mode definition

Foreign Exchange Mode means that the Reset Rate Notes are then denominated in a currency other than U.S. Dollars during the related Reset Period.
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Foreign Exchange Mode means that the Reset Rate Notes are then denominated in a currency other than U.S. Dollars during the related Reset Period. “Four-Month LIBOR” see “Three-Month LIBOR”.
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Foreign Exchange Mode means that a series of notes is then denominated in a currency other than U.S. Dollars.
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Examples of Foreign Exchange Mode in a sentence

  • With respect to any class of Reset Rate Notes that is either in Foreign Exchange Mode during the then-current Reset Period or will be reset into Foreign Exchange Mode on the immediately following Reset Date, all related Reset Rate Noteholders will be deemed to have tendered their Notes on the related Reset Date, regardless of any desire by such Reset Rate Noteholders to retain their ownership thereof, and no All Hold Rate will be applicable.

  • In addition, if a class of Reset Rate Notes are in Foreign Exchange Mode at the time a Failed Remarketing is declared, the provisions of Sections 10(a)(i) and (ii) shall also apply.

  • With respect to the Reset Rate Notes that are either in Foreign Exchange Mode during the then-current Reset Period or will be reset into Foreign Exchange Mode on the immediately following Reset Date, all Reset Rate Noteholders will be deemed to have tendered their Notes on the Reset Date, regardless of any desire by such Reset Rate Noteholders to retain their ownership thereof, and no All Hold Rate will be applicable.

  • During any Reset Period when the Reset Rate Notes are denominated in a non-U.S. Dollar currency, any Transfer of Reset Rate Notes made in violation of Section 2.1 of the Indenture whereby a beneficial interest in either of the related Non-U.S. Global Note Certificates is Transferred to any related U.S. Global Note Certificate, or vice versa (other than on a Reset Date where such class is being reset from being denominated in Foreign Exchange Mode, to U.S. Dollars), shall be null and void and of no effect.

  • In addition, if the Reset Rates Notes are in Foreign Exchange Mode at the time a Failed Remarketing is declared, the provisions of Sections 10(a)(i) and (ii) shall also apply.

  • During any Reset Period when the Reset Rate Notes are denominated in a non-U.S. Dollar currency, any Transfer of Reset Rate Notes made in violation of Section 2.1 of the Indenture whereby a beneficial interest in either of the Non-U.S. Global Note Certificates is Transferred to any related U.S. Global Note Certificate, or vice versa (other than on a Reset Date where such class is being reset from being denominated in Foreign Exchange Mode, to U.S. Dollars), shall be null and void and of no effect.

  • When the Reset Rate Notes are either in Foreign Exchange Mode during the then-current Reset Period or will be reset into Foreign Exchange Mode on the immediately following Reset Date, all Reset Rate Noteholders will be deemed to have tendered their Notes on the related Reset Date, regardless of any desire by such Reset Rate Noteholders to retain their ownership thereof, and no All Hold Rate will be applicable.

  • In addition, if the Reset Rate Notes are in Foreign Exchange Mode at the time a Failed Remarketing is declared, the provisions of Sections 10(a)(i) and (ii) shall also apply.

  • Subject to the preceding paragraphs, upon surrender for registration of transfer of any Note at the office of the Note Registrar (including the Foreign Paying Agent with respect to a class of the Notes which is in a Foreign Exchange Mode) and, upon satisfaction of the conditions set forth below, the Issuer shall execute in the name of the designated transferee or transferees, a new Note of the same Principal Amount and dated the date of authentication by the Trustee.

  • With respect to Notes registered in the Note Register in the name of Cede & Co., as nominee of the Securities Depository, the Issuer and the Trustee (and the Foreign Paying Agent with respect to a class of the Notes which is in a Foreign Exchange Mode) shall have no responsibility or obligation to Direct or Indirect Participants or beneficial owners for which the Securities Depository holds Notes from time to time as a Securities Depository.


More Definitions of Foreign Exchange Mode

Foreign Exchange Mode means that a class of notes is then denominated in a currency other than U.S. Dollars.
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Foreign Exchange Mode means, with respect to a class of Reset Rate Notes, that such class is then denominated in a currency other than U.S. Dollars during the related Reset Period. Appendix A-1-20
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Related to Foreign Exchange Mode

  • Foreign Exchange (FX) or “FX-like” Service means a retail service offering which allows FX End Users to obtain Exchange Service from a mandatory local calling area other than the mandatory local calling area where the FX End User is physically located, but within the same LATA as the number that is assigned. FX Service enables particular End Users to avoid what might otherwise be toll calls between the FX End User’s physical location and other End Users in the foreign exchange.

  • Foreign Exchange (FX) means a service whereby calls either originated by or delivered to a customer who has purchased FX service from the state or interstate tariffs of either Party. FX also includes, but is not limited to, FX-like services provided by either Party where calls are originated from and/or delivered to numbers which are assigned to a Rate Center within one local calling area but where the Party receiving the call is physically located outside of that local calling area. FX service can be either interLATA or intraLATA. InterLATA FX, where the originating and receiving parties are physically located in different LATAs, is considered equivalent to FGA and the intercarrier compensation mechanism is the same as FGA. IntraLATA FX, when provided by two or more local exchange carriers “LECs”, is considered a jointly provided service and meet-point billed by those providing it utilizing a mutually agreed to meet-point billing, or meet-point billing like procedure.

  • Foreign Exchange Rate means for any day that rate for the currency in question as published at 12:00 Eastern Standard Time, by the Bank of Canada in the City of Ottawa.

  • Currency Exchange Protection Agreement means, in respect of a Person, any foreign exchange contract, currency swap agreement, currency option or other similar agreement or arrangement designed to protect such Person against fluctuations in currency exchange rates.

  • ISDA Master Agreement means the Master Agreement (Multicurrency-Cross Border) published by the International Swap and Derivatives Association, Inc., as in effect from time to time.