Native Currency definition

Native Currency means for Clubs located in Canada the Canadian dollar and for Clubs located in the United States the U.S. dollar.
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Examples of Native Currency in a sentence

  • If the NHLPA elects its right to extend this Agreement to 2012, as set forth in Article 3, the maximum minor league compensation in 2012 shall be $70,000 (Native Currency).

  • Players who are party to an Entry Level SPC may be Loaned to the East Coast Hockey League ("ECHL") without the requirement of Player consent, provided the Player will continue to be paid the stated amount of the AHL portion of his two-way SPC in the Native Currency of the NHL Club.

  • Minor League compensation may be in the Native Currency of the NHL Club.

Related to Native Currency

  • Alternative Currency means each of Euro, Sterling, Yen and each other currency (other than Dollars) that is approved in accordance with Section 1.06.

  • Alternative Currencies means any currency (other than Dollars) approved by the Administrative Agent and the applicable Issuing Bank.

  • Reference Currency means the currency specified as such in the applicable Final Terms.

  • Alternative Currency Loan means an Alternative Currency Daily Rate Loan or an Alternative Currency Term Rate Loan, as applicable.

  • Applicable Currency means, as to any particular payment, Borrowing or Loan, Dollars or the Foreign Currency in which it is denominated or payable.