Foreign Exchange Rate definition
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.
Foreign Exchange Rate means, with respect to any currency other than United States dollars, as of any date of determination, the rate set forth in the exchange rate section of The Wall Street Journal or, if not published in The Wall Street Journal, then the average of the opening bid and asked rates on such date at which such currency may be exchanged for United States dollars as quoted by JPMorgan Chase Bank, National Association (or any successor thereto or other major money center commercial bank agreed to by the Parties).
Foreign Exchange Rate with respect to any currency other than United States dollars as of any date, the average of the opening bid and asked rates on such date at which such currency may be exchanged for United States dollars as quoted by Citibank, N.A., except that, with respect to any Indemnifiable Loss covered by insurance, the Foreign Exchange Rate for such currency shall be determined as set forth in Section 4.03(e)
Examples of Foreign Exchange Rate in a sentence
An order to buy or sell at a specified Foreign Exchange Rate or spot metal rate away from the current market for the purpose of liquidating an Open Position during market conditions in which there has been an adverse movement in Foreign Exchange Rates or spot metal rates.
If on any date the Administrative Agent shall notify the applicable Borrower that, by virtue of any change in the Foreign Exchange Rate of any Foreign Currency in which a Letter of Credit is denominated, the Total Facility Exposure shall exceed the Total Commitment then in effect, then, within three Business Days after the date of such notice, such Borrower shall prepay the Revolving Credit Loans and/or the Swingline Loans to the extent necessary to eliminate such excess.
The amount of any such converted obligation shall be computed based upon the relevant Foreign Exchange Rate (as quoted by the Administrative Agent to such Issuing Lender) in effect for the day on which such conversion occurs.
In case the loan is in USD and the repayment is done in KES, Mogo Auto will convert the outstanding amount to KES according to Foreign Exchange Rate.
An Order to buy or sell the identified Currency or spot metal, or pairs of Currencies or metals pair, at the current market Foreign Exchange Rate or metal at the current market rate.
More Definitions of Foreign Exchange Rate
Foreign Exchange Rate means, with respect to any Foreign Currency on a particular date, the rate at which such Foreign Currency may be exchanged into Dollars, as set forth at approximately 11:00 a.m., London time, on such date on the Reuters World Currency Page for such Foreign Currency. In the event that such rate does not, or ceases to, so appear on any Reuters World Currency Page, the “Foreign Exchange Rate” with respect to such Foreign Currency shall be determined by reference to such other publicly available source for determining exchange rates as may be agreed upon by the Administrative Agent and CBS or, in the absence of such agreement, such “Foreign Exchange Rate” shall instead be the arithmetic average of the spot rates of exchange of the Administrative Agent in the market where its foreign currency exchange operations in respect of such Foreign Currency are then being conducted, at or about 11:00 a.m., local time, on such date for the purchase of Dollars with such Foreign Currency for delivery two Business Days later.
Foreign Exchange Rate means for any Purchased Receivable, the rate at which any relevant currency is to be exchanged into euro pursuant to any foreign exchange agreement entered into in respect of such Purchased Receivable on or about the Purchase Date in respect of such Purchased Receivable.
Foreign Exchange Rate means exchange rate announced by Oanda (or any other regulated financial services provider or central bank) on daily basis. In case where the exchange rate is not announced for the given date, the previous period exchange rate shall be considered to be effective; Special Provisions mean the special provisions of the Agreement, which indicate basic information about t h e Parties of the Agreement, the Loan amount, information on collateral/security instruments, if any, the Loan Term and other information related to the Loan Facility. The Special Provisions are an integral part of the Agreement;
Foreign Exchange Rate means, with respect to any Foreign Currency on a particular date, the rate at which such Foreign Currency may be exchanged into Dollars, determined by reference to the selling rate in respect of such Foreign Currency published in the "Wall Street Journal" on the relevant date of determination. In the event that such rate is not, or ceases to be, so published by the "Wall Street Journal", the "Foreign Exchange Rate" with respect to such Foreign Currency shall be determined by reference to such other publicly available source for determining exchange rates as may be agreed upon by the Administrative Agent and Infinity or, in the absence of such agreement, such "Foreign Exchange Rate" shall instead be the Administrative Agent's spot rate of exchange in the interbank market where its foreign currency exchange operations in respect of such Foreign Currency are then being conducted, at or about 12:00 noon, local time, at such date for the purchase of Dollars with such Foreign Currency, for delivery two banking days later.
Foreign Exchange Rate means exchange rate announced by Oanda (or any other regulated financial services provider or central bank) on daily basis. In case where the exchange rate is not announced for the given date, the previous period exchange rate shall be considered to be effective; Special Provisions mean the special provisions of the Agreement, which indicate basic information about the Parties of the Agreement, the Loan amount, information on collateral/security instruments, if any, the Loan Term and other information related to the Loan Facility. The Special Provisions are an integral part of the Agreement; Terms and Conditions (T&C) mean these General provisions of the Agreement, which govern all other terms and conditions of provision and repayment, the Loan Facility and cost of insurance of the asset etc., and which are an integral part of the Agreement; Parties or Party means Mogo Auto and/or the Borrower, jointly or separately as the case may be.
Foreign Exchange Rate means the commercial exchange rate established by the Bank for a particular banking day or for certain types of banking operations provided by the Bank or originating from public sources.
Foreign Exchange Rate with respect to any currency other than United States dollars as of any date, the rate on such date at which such currency may be exchanged for United States dollars as quoted in The Wall Street Journal.