Initial Exchange Rate definition

Initial Exchange Rate means the Exchange Rate determined by the Bank on the day, time and manner specified as such in the Bank’s term sheet for such CPI Deposit;

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Initial Exchange Rate means the Exchange Rate at the close of business on the business day preceding the date of issuance this Note, being [1,357.0] South Korean Won/U.S. Dollar.

Initial Exchange Rate means the rate of conversion between the Deposit Currency and the Linked Currency on the Deposit Date as determined by the Bank and agreed by the Customer. For the avoidance of doubt, for Deposit involving Renminbi, the Initial Exchange Rate refers to the exchange rate between offshore Renminbi and the other currency;

Examples of Initial Exchange Rate in a sentence

The exchange rate between the currencies will initially be set to the rate as specified within the applicable Service Contract (the "Initial Exchange Rate") or as otherwise determined by the Service Provider.
Investors shall pay the subscription price of the Notes in U.S. dollars based on the Initial Exchange Rate.
If the exchange rate on a Calculation Date (as determined by the Service Provider’s banking provider) varies by more than two (2%) percent (or such other percentage as agreed within the applicable Service Contract) from the Initial Exchange Rate (where this results in a financial loss to the Service Provider), then the Service Charges may be adjusted to account for such loss and the adjusted Service Charges will be effective on such Calculation Date until the next Calculation Date.
In the event the Independent Commission understands that the Initial Exchange Rate or, as applicable, the Adjusted Exchange Rate does not represent an accurate valuation of the assets subject matter of the Swap, “la Caixa” and Criteria shall renegotiate in good faith the number of shares in Microbank to be included in the Swap as consideration for the Transferred Business.

More Definitions of Initial Exchange Rate

Initial Exchange Rate means an exchange rate of 80,392.16 VFSG Shares per U.S.$1,000,000 of principal amount of Bonds;

Initial Exchange Rate means an exchange rate published by the Corporation in accordance with the Prospectus that is equal to the weighted average of the ILS/USD exchange rates of all the transactions as determined and completed by the Bank(s) through which the proceeds from the Offering that are not used to pay expenses denominated in ILS are converted to USD in accordance with the Prospectus.

Initial Exchange Rate. The following exchange rate for exchanging EUR for USD: 1EUR = 1.1639 USD, rounded to four decimal places.

Initial Exchange Rate means the Exchange Rate at the Valuation Time on the Issue Date;

Initial Exchange Rate means the initial exchange rate set out in the Product Agreement to convert one unit of the Patheon Manufacturing Site Local Currency into the Billing Currency for the first Year of the Product Agreement.

Initial Exchange Rate means the Applicable Dollar Spot Market Exchange Rate as of the Issue Date, which for the purposes of the Note Purchase Facility Agreement shall be € 1 = $1.5791.

Initial Exchange Rate means the exchange rate set forth in Section 7.9. “Initial NTP Deadline” has the meaning set forth in Section 5.2.