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;

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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

• Any forward rate agreement into which the parties have entered and in respect of which the confirmation or other confirming evidence refers to or incorporates the British Bankers' Association London Interbank Forward Rate Agreements Recommended Terms and Conditions (1985 edition) ("FRABBA Terms") will be governed by this Agreement.

• It is an individual contract between the client and the bank in which both parties agree on a fixed interest rate ("Forward Rate") for a certain future interest period.

• These Economic Terms are: Trade Date, Reference Currency, Reference Currency Notional Amount, Notional Amount or Forward Rate (one or both of these terms may be specified), Reference Currency Buyer, Reference Currency Seller, Settlement Currency, Valuation Date, Settlement Date, and Settlement.

• GENERALE acting on behalf of the Lenders of a certificate of the treasurer of the Borrower stating the Forward Rate.

• The Trust, which calculates the Index Price using the Adopted Futures Price and the Adopted Forward Rate, may be affected by fluctuations in the future price of Palladium published by the Tokyo Commodity Exchange and the Forward Rate of Palladium presented by the Precious Metal Dealers which are engaged in Palladium derivative transactions.

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 rate for a forward contract as defined in paragraph 6(4) of Determination G6D: Foreign Currency Rates;

Forward Rate means the currency exchange rate specified in the related Confirmation.

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 currency exchange rate agreed between the Counterparty and the Bank.