Forward Rate definition
Forward Rate means the rate calculated in accordance with Article 175 and applied to convert the euro amount into such amount in the foreign currency as one party shall be obliged to transfer to the other at the retransfer date against payment of the euro amount, which rate shall be as set out in the confirmation and defined in the relevant contractual or regulatory arrangements applied by the relevant NCB;
Forward Rate means, with respect to any Series, the forward exchange rate of the applicable maturity indicated by the FX Counterparty or the Trustee, for currency exchange into United States Dollars of the Pound Sterling, the Euro and any additional Approved Currency.
Forward Rate means, in relation to a specific Transaction, the rate applied to convert the Euro Amount into such amount in the Foreign Currency as Party A shall be obliged to transfer to Party B at the Retransfer Date against payment of the Euro Amount and which rate shall be set out in the Confirmations.
Examples of Forward Rate in a sentence
If no Forward Rate is available for the Interest Period of a Forward Rate Loan and it is not possible to calculate the Interpolated Forward Rate, the applicable Forward Reference Rate shall be the Historic Forward Rate for that Forward Rate Loan.
More Definitions of Forward Rate
Forward Rate means the forward foreign exchange rate agreed as such between the parties, such rate shall be expressed as an amount of the Reference Currency per one unit of the Settlement Currency.
Forward Rate. Zero Coupon USD Swap Rate" quoted on the day which is two London Banking Days prior to the first Business Day of the Forward Period (the "Determination Date"), for a Designated Maturity equal to the actual number of days in Forward Period, plus Spread.
Forward Rate means the exchange rate for a forward contract as defined in Determination G6D: Foreign Currency Rates or the forward exchange rate calculated using the principle of covered interest parity or other methods that are commercially acceptable. In the case of a forward contract for commodities, the forward rate is the future value of the commodities (in NZD).
Forward Rate means the currency exchange rate specified in the related Confirmation.
Forward Rate means the rate for a forward contract as defined in paragraph 6(4) of Determination G6D: Foreign Currency Rates;
Forward Rate means the currency exchange rate, expressed as the amount of Reference Currency per one unit of Settlement Currency specified as such in the relevant Confirmation or, if such a rate if not specified, the currency exchange rate obtained by dividing the Refer- ence Currency Notional Amount by the Notional Amount.
Forward Rate means the weighted EUR/USD and/or FRF/USD exchange rate of the forward exchange contracts entered into by the Borrower to hedge its EUR and/or FRF exposure in respect of the Change Orders.