FX Fixing definition

FX Fixing means the spot USDZAR currency exchange rate as determined by the Calculation Agent on the relevant date of determination;
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FX Fixing means the spot USDZAR currency exchange rate as determined by theCalculation Agent on the relevant date of determination; “FXFSD” means 14.30869“FXFVD” means the FX Fixing determined by the Calculation Agent on or about the Valuation Date;“Index” means MSCI World Price Index (<MXWO> on Bloomberg) “*” means “multiplied by”;“/” means “divided by” 35. Early Redemption Amount: In relation to an Early Redemption in accordance with Condition 10.5 (Early Redemption Amounts), an amount in ZAR as determined by the Calculation Agent in its sole discretion acting in good faith and in a commercially reasonable manner. 36. Settlement Currency: ZAR 37. The maximum and minimum number of Business Days prior to the Early Redemption Date on which Issuer Redemption Notices and SpecialRedemption Notices must be given by the Issuer: 10 (ten) calendar days, notwithstanding the Terms and Conditions 38. Time for receipt of Early RedemptionNotice and/or Noteholder’s Notice: 10:00 am Johannesburg time, as stated in the Terms and Conditions 39. Redemption Notice Time: 10:00 am Johannesburg time, as stated in the Terms and Conditions 40. Procedures for giving Issuer Redemption Notice if other than as specified in Condition10.3 (Redemption Notices): N/A 41. Procedure for giving Special Redemption Notice if other than as specified in Condition10.3 (Redemption Notices): N/A 42. Basis for selecting Notes where Daily Maximum Amount is exceeded if other than on a pro rata basis: N/A 43. Additional provisions relating to the redemption of the Notes: N/A 44. Instalment Note Provisions: N/A
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FX Fixing means the spot currency exchange rate for the purchase of U.S.$ and sale of RUB as determined by the Calculation Agent on the relevant FX Fixing Date acting in a commercially reasonable manner If the Noteholder reasonably disputes the determination of the Calculation Agent, the Calculation Agent will determine the spot currency exchange rate using quotations for the average offer side spot currency exchange rate for the purchase of U.S.$ and sale of RUB obtained from two Reference Dealers, provided that if the Calculation Agent is unable to obtain quotations from two Reference Dealers, its original determination shall be used.
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Examples of FX Fixing in a sentence

  • The Re-denomination FX Fixing Date shall be up to 5 business days in advance of the Re-denomination Date, and (although the Agent will use its best efforts in order to fix a Spot Rate favourable to the Parent) shall be selected at the Agent’s discretion within the tolerance permitted by paragraph 1.2(d) below.

  • Settlement of an "in-the-money" option is 1 or 2 days following the agreed expiry date, using the spot FX Fixing rate of expiry date.

  • Except as may otherwise be specifically provided herein or in the Agreement, the Borrower shall repay the Reference Currency Principal Amount of the Loan in one single installment, converted into US$ at the FX Fixing Rate of the respective FX Fixing Date.

  • The Borrower shall pay on each Interest Payment Date the accrued Reference Currency Interest Amount converted into US$ (using the FX Fixing Rate) at the FX Fixing Date, as mentioned above.