FX Contracts definition

FX Contracts means contracts between Borrower and Bank for foreign exchange transactions.

FX Contracts are defined in Section 2.1(c)(ii) hereof.

FX Contracts shall have the meaning assigned to it in Schedule H.

Examples of FX Contracts in a sentence

• Subject to and upon the terms and conditions of this Agreement and any other agreement that any Borrower may enter into with Bank in connection with foreign exchange transactions (“FX Contracts”), Borrowers may request Bank to enter into FX Contracts with Borrowers due not later than the Revolving Maturity Date, or otherwise as Bank and Borrower may agree in writing.

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

• In addition, Bank may, in its sole discretion, charge as Advances any amounts that become due or owing to Bank in connection with the FX Contracts.

• Borrowers shall pay any standard issuance and other fees that Bank notifies Borrowers will be charged for issuing and processing FX Contracts for Borrowers.

• Within one hundred and eighty (180) days after the Closing Date, Borrower shall utilize and shall cause each of its Subsidiaries to utilize Bank’s International Banking Division for any international banking services required by Borrower, including, but not limited to, foreign currency wires, xxxxxx, swaps, FX Contracts, and Letters of Credit, to the extent provided on commercially reasonable terms with commercially reasonable pricing.

More Definitions of FX Contracts

FX Contracts has the meaning assigned in Section 2.1(d).

FX Contracts means contract(s) entered into between the Company and the Customer in relation to FX Transaction(s)

FX Contracts has the meaning given in Section 2.1(b)(vi).

FX Contracts are defined in Section 2.1(c)(ii). “GAAP” means generally accepted accounting principles in the United States, as in effect from time to time. “Good Faith Deposit” is defined in Section 2.5(c). “Guarantor” is any Person providing a Guaranty in favor of Bank. “Guaranty” and “Guaranty Documents” are defined in Section 8.9. “Indebtedness” means all indebtedness of any kind, including (a) all indebtedness for borrowed money or the deferred purchase price of property or services, including reimbursement and other obligations with respect to surety bonds and letters of credit, (b) all obligations evidenced by notes, bonds, debentures or similar instruments, (c) all capital lease obligations, (d) all Contingent Obligations with respect to Indebtedness described in clauses (a) through (c) of this definition and (e) all obligations arising under or in connection with the Ancillary Services Sublimit, if any. “Indemnified Person” is defined in Section 13.2(a). “Indemnified Tax” means Taxes imposed on or with respect to any payment made by or on account of any obligation of a Borrower to Bank under this Agreement, provided, however, that Indemnified Taxes shall not include any of the following Taxes imposed on or with respect to Bank (or any assignee) or required to be withheld or deducted from a payment to Bank (or any assignee): (a) Taxes imposed on or measured by net income (however denominated), franchise Taxes, and branch profits Taxes, in each case, (i) imposed as a result of Bank (or any assignee) being organized under the laws of, or having its principal office or, its applicable lending office located in, the jurisdiction imposing such Tax (or any political subdivision thereof) or (ii) that are Other Connection Taxes, (b) U.S. federal withholding Taxes imposed on amounts payable to or for the account of Bank (or any assignee, as applicable) with respect to an applicable interest under this Agreement pursuant to a law in effect on the date on which (i) Bank (or any assignee) acquires such interest in this Agreement or (ii) Bank (or any assignee) changes its lending office, (c) any withholding Taxes imposed under FATCA, and (d) any Taxes attributable to Bank’s (or any assignee’s, as applicable) failure to comply with Section 2.3(e). “Industrial JV” means Leostella LLC, a Delaware limited liability company. “Industrial JV Equity” means the capital stock or other equity interests of the Industrial JV. “Industrial JV LLCA” means the Second Amended and Restated Lim...

FX Contracts means contract(s) entered into between Wing Fung Forex and the

FX Contracts means the interest rate and currency rate hedging agreements to be entered into between the Borrower and the Bank referred to in clause 15.2(f); GROUP means GT Bicycles, Inc. and its subsidiaries for the time being;

FX Contracts shall have the meaning assigned to such term in the definition of “Contingent Obligation.”