Maximum Exchange Rate definition

Maximum Exchange Rate has the meaning specified in Section 13.05(f).
Maximum Exchange Rate means 5.6338.
Maximum Exchange Rate means an Exchange Rate which is 250 South Korean Won lower than the Initial Exchange Rate. So, for example, if the Initial Exchange Rate is 1,500 South Korean Won/U.S. Dollar, the Maximum Exchange Rate would be 1,250 South Korean Won/U.S. Dollar.

Examples of Maximum Exchange Rate in a sentence

  • The Maximum Exchange Rate shall be adjusted in the same manner and for the same events as the Exchange Rate is adjusted pursuant to clauses (a), (b) and (c) above.

  • Notwithstanding the foregoing, in the event of an adjustment to the Exchange Rate pursuant to this Section 13.11, in no event will the Exchange Rate exceed the Maximum Exchange Rate.

  • The Maximum Exchange Rate shall be adjusted in the same manner and for the same events as the Exchange Rate is adjusted pursuant to Section 13.05.

  • If, however, at any time during the Term, the Baht/US$ Exchange Rate is higher (i.e., weaker) than the Maximum Exchange Rate (e.g., [**] Baht per US$1.00), then the Product Prices for such Shipment Order will be decreased by [**]; provided, however, that such ratio shall be applied against the [**].

  • By 5:00 p.m., New York City time, on the third Business Day following such determination of the fair market value of each such option, right or warrant Shareholder shall pledge to the Collateral Agent for the benefit of Purchaser an amount of cash in U.S. dollars (the “Aggregate Non- Transferable Option Value”) equal to the product of (1) the Non-Transferable Option Value, (2) the Maximum Exchange Rate and (3) the total number of Trust Securities outstanding as of the Record Date.

  • The Maximum Exchange Rate is subject to the same proportional adjustments made to the Exchange Rate pursuant to Sections 4.5(a), (b), (c) or (d).


More Definitions of Maximum Exchange Rate

Maximum Exchange Rate has the meaning specified in the Contract.
Maximum Exchange Rate has the meaning set forth in Section 5.3.
Maximum Exchange Rate means 1.3040.
Maximum Exchange Rate means 46.2748 shares of Common Stock, subject to adjustment as set forth in Article 14.
Maximum Exchange Rate has the meaning specified in Section 13.02(b). “Merger Event” has the meaning specified in Section 13.12(a).

Related to Maximum Exchange Rate

  • FX Exchange Rate means the FX Exchange Rate as specified in § 2 of the Product and Underlying Data.

  • Canadian-U.S. Exchange Rate means, on any date, the inverse of the U.S. - Canadian Exchange Rate in effect on such date;

  • Market Exchange Rate means the noon Dollar buying rate in New York City for cable transfers of that currency as published by the Federal Reserve Bank of New York; PROVIDED, HOWEVER, in the case of Euros, Market Exchange Rate shall mean the rate of exchange determined by the Commission of the European Union (or any successor thereto) as published in the Official Journal of the European Union (such publication or any successor publication, the “Journal”). If such Market Exchange Rate is not available for any reason with respect to such currency, the Trustee shall use, in its sole discretion and without liability on its part, such quotation of the Federal Reserve Bank of New York or, in the case of Euros, the rate of exchange as published in the Journal, as of the most recent available date, or quotations or, in the case of Euros, rates of exchange from one or more major banks in New York City or in the country of issue of the currency in question or, in the case of Euros, in Luxembourg or such other quotations or, in the case of Euros, rates of exchange as the Trustee, upon consultation with the Company, shall deem appropriate. The provisions of this paragraph shall apply in determining the equivalent principal amount in respect of Securities of a Series denominated in currency other than Dollars in connection with any action taken by Holders of Securities pursuant to the terms of this Indenture. All decisions and determinations of the Trustee regarding the Market Exchange Rate or any alternative determination provided for in the preceding paragraph shall be in the Trustee’s sole discretion, and shall, in the absence of manifest error, be conclusive to the extent permitted by law for all purposes and irrevocably binding upon the Company and all Holders.

  • Exchange Rate means, in relation to any amount of currency to be converted into U.S. Dollars pursuant to this Agreement, the U.S. Dollar exchange rate as published in the Wall Street Journal on the relevant date of calculation.

  • Spot Exchange Rate has the meaning specified in the related Terms Document.