Foreign Exchange Reserve definition

Foreign Exchange Reserve has the meaning set forth in Section 2.1.3 herein.

Foreign Exchange Reserve means, as of any date of determination, a reserve for foreign currency exchange rate risk (in relation to Dollars) with respect to the Eligible Inventory and in such amount as shall be determined by Agent in its Permitted Discretion from time to time.

Foreign Exchange Reserve means an amount equal to ten percent (10%) of the Dollar equivalent of all of Borrower's outstanding Currency Obligations.

Examples of Foreign Exchange Reserve in a sentence

• The initial Foreign Exchange Reserve Percentage shall be ten percent (10%).

• The “FX Amount” shall equal the amount determined by multiplying (i) the aggregate amount, in United States Dollars, of FX Contracts between Borrower and Bank remaining outstanding as of any date of determination by (ii) the applicable Foreign Exchange Reserve Percentage as of such date.

• The “FX Amount” shall equal the amount determined by multiplying (A) the aggregate amount, in United States Dollars, of FX Contracts between Borrower and Bank remaining outstanding as of any date of determination by (B) the applicable Foreign Exchange Reserve Percentage as of such date.

• Special reserve for foreign exchange valuation reserve According to Jin Guan Bao Tsai No. 10102501551 issued on February 7, 2012 and Article 9 of the Direction for Reserve for Foreign Exchange Reserve, the Company should appropriate a special reserve of 10% of the profit after tax in order to strengthen the foreign exchange reserve and capital.

• Treatments for accumulation limit of related reserves, method for provision or writing-off, and other binding matters shall be in compliance with “Guidelines for Foreign Exchange Reserve by Life Insurance Enterprises” and relevant regulations.(30) Income taxA.

More Definitions of Foreign Exchange Reserve

Foreign Exchange Reserve means the amount as determined by Bank from time to time in accordance with Bank's credit policies to be the Bank's credit exposure to Company under foreign exchange transactions with Company."

Foreign Exchange Reserve is defined in Section 2.1.3.

Foreign Exchange Reserve means, as of any date of determination thereof, a reserve for foreign currency exchange rate risk with respect to the Foreign Accounts in such amount as shall be determined by Foothill in its Permitted Discretion from time to time, which amount shall initially be established at an amount equal to 5% of the amount of Borrower's Foreign Accounts outstanding at any time.

Foreign Exchange Reserve means all reserves which the Lender from time to time establishes in its Permitted Discretion with respect to Foreign Exchange Obligations of the Borrower. As of the date hereof, the Foreign Exchange Reserve is $455,130.00.

Foreign Exchange Reserve means, as of any date of determination, a reserve for foreign currency exchange rate risk with respect to the Eligible Foreign Accounts in such amount as shall be determined by Agent in its Permitted Discretion from time to time.

Foreign Exchange Reserve means, at any date during which a foreign exchange contract is outstanding between Borrower and Bank of America, the sum of $1,500,000, plus such amount as Lender, in its Discretion, calculates to be its current exposure with respect to foreign exchange contracts then outstanding."

Foreign Exchange Reserve means, as of any date of determination, an ------------------------ amount to be determined by Agent in its Permitted Discretion.