Obligation Currency shall have the meaning assigned to such term in Section 11.18(a).

Obligation Currency means the currency or currencies in which an Obligation is denominated.

Obligation Currency shall have the meaning provided in Section 13.16(a).

Examples of Obligation Currency in a sentence

In all other cases, USD 1,000,000 or its equivalent in the relevant Obligation Currency as of the occurrence of the relevant Failure to Pay.
In all other cases, USD 10,000,000 or its equivalent in the relevant Obligation Currency as of the occurrence of the relevant Credit Event.
RestructuringMultiple Holder Obligation: Not ApplicableDefault Requirement: If the Variable Amount is in JPY, JPY 1,000,000,000 or its equivalent in the relevant Obligation Currency as of the occurrence of the relevant Credit Event.
Conditions to Settlement:Credit Event Notice Notifying Party: Buyer Notice of Publicly Available Information: Applicable Public Sources: As specified in Section 3.7. Specified Number: TwoCredit Events: Bankruptcy Failure to PayPayment Requirement: If the Variable Amount is in JPY, JPY 100,000,000 or its equivalent in the relevant Obligation Currency as of the occurrence of the relevant Failure to Pay.
Credit Event Notice Notifying Party: Buyer Notice of Publicly Available Information: Applicable Public Sources: As specified in Section 1.36 Specified Number: TwoCredit Events: Bankruptcy Failure to PayPayment Requirement: If the Variable Amount is in JPY, JPY 100,000,000 or its equivalent in the relevant Obligation Currency as of the occurrence of the relevant Failure to Pay.

More Definitions of Obligation Currency

Obligation Currency as defined in Subsection 11.8(a).

Obligation Currency as defined in Section 10.24(a).

Obligation Currency has the meaning specified in Section 10.18(a).

Obligation Currency has the meaning specified in Section 11.23(a).

Obligation Currency has the meaning set forth in Section 13.15(a).

Obligation Currency as defined in Section 9.16.

Obligation Currency has the meaning ascribed to it in Section 1.19(a).