Primary Currencies definition

Primary Currencies means, collectively, the lawful currency of the United Kingdom of Great Britain and Northern Ireland, the lawful currency of the Federal Republic of Germany, the lawful currency of the Republic of France and the lawful currency of The Kingdom of the Netherlands.
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Primary Currencies means, collectively, the lawful currency of the United Kingdom of Great Britain and Northern Ireland, the lawful currency of the Federal Republic of Germany, the lawful currency of the Republic of France, the lawful currency of The Kingdom of the Netherlands, the lawful currency of The Swiss Confederation, the lawful currency of Spain, the lawful currency of Italy, the lawful currency of Belgium, the lawful currency of Australia and the lawful currency of Canada; provided, however, that any of the above-enumerated currencies shall 21 16 cease to be a "Primary Currency" upon notification by the Required Lenders to the Administrative Agent that such currency is not freely transferable and convertible into US Dollars or dealings in deposits in such currency are not carried out in the London interbank market.
Sample 1
Primary Currencies means, in connection with any Revolving Credit Borrowing, any lawful currency other than US Dollars which the Lenders agree shall be a Primary Currency for such Revolving Credit Borrowing.
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More Definitions of Primary Currencies

Primary Currencies means, collectively, the lawful currency of the United Kingdom of Great Britain and Northern Ireland, the lawful currency of the European Union, the lawful currency of The Swiss Confederation, the lawful currency of Australia, the lawful currency of Canada and the lawful currency of Hong Kong; provided, however, that any of the above-enumerated currencies shall cease to be a "Primary Currency" upon notification by the Required Lenders to the Administrative Agent that such currency is not freely transferable and convertible into US Dollars or dealings in deposits in such currency are not carried out in the London interbank market.
Sample 1

Related to Primary Currencies

  • Primary Currency has the meaning specified in Section 9.11(c).

  • Domestic Currency means the currency specified as such and any successor currency. If no currency is so specified, the Domestic Currency shall be the lawful currency and any successor currency of (i) the relevant Reference Entity, if the Reference Entity is a Sovereign, or (ii) the jurisdiction in which the relevant Reference Entity is organised, if the Reference Entity is not a Sovereign. In no event shall Domestic Currency include any successor currency if such successor currency is the lawful currency of any of Canada, Japan, Switzerland, the United Kingdom or the United States of America or the euro (or any successor currency to any such currency).

  • Foreign Currencies means Agreed Currencies other than Dollars.

  • Agreed Currencies means (i) Dollars, (ii) euro, (iii) Pounds Sterling and (iv) any other currency that is (x) a lawful currency (other than Dollars) that is readily available and freely transferable and convertible into Dollars, (y) available in the London interbank deposit market and (z) agreed to by the Administrative Agent and each of the Lenders.

  • Committed Currencies means lawful currency of the United Kingdom of Great Britain and Northern Ireland and Euros.

  • Original Currency has the meaning assigned to such term in Section 2.17.

  • Underlying Currency means the Underlying Currency as specified in § 2 of the Product and Underlying Data.

  • Alternative Currencies means (a) Euro, (b) Sterling, (c) Yen and (d) each other currency (other than Dollars) approved in accordance with Section 1.08.

  • Approved Currency means each of Dollars and each Alternative Currency.

  • Fiat Currency means a currency issued by a country's government or central bank.

  • Denomination Currency has the meaning specified in Section 14(b).

  • Currencies means the collective reference to Dollars and Available Foreign Currencies.

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank with respect thereto and all respective Lenders of such Facility with respect thereto in their sole discretion and (ii) with respect to any Loan, any currency other than Dollars that is approved in accordance with Section 1.05.

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

  • Other Currency has the meaning specified in Section 1.15.

  • Optional Currency means a currency (other than the Base Currency) which complies with the conditions set out in Clause 4.3 (Conditions relating to Optional Currencies).

  • Balance Currency means the currency under which the trading account has the reference on and with which the Client buys or sells the subject matter instruments. It is noted that the all charges including Spreads, Commissions, Charges and Swaps are calculated in the Balance Currency.

  • Designated Foreign Currency means Euros, British pounds, Japanese yen or any other currency (other than Dollars and Canadian Dollars) approved in writing by each of the Lenders and that is freely traded and exchangeable into Dollars.

  • Not Domestic Currency means any obligation that is payable in any currency other than the Domestic Currency.

  • Available Currency means Dollars, and any other currency as the relevant Borrower, each of the relevant Revolving Credit Lenders or the relevant Term Lenders, as the case may be, and the Administrative Agent may agree to from time to time.

  • First Currency has the meaning specified in Section 1.15.

  • National Currency means the currency, other than the Euro, of a Participating Member State.

  • Specified Currency means the currency specified as such hereon or, if none is specified, the currency in which the Notes are denominated.

  • Class Currency means the currency in which a Share Class of a Fund is designated as determined by the Directors and disclosed in the Prospectus in relation to such Fund.

  • Relevant Currency means the currency specified as such or, if none is specified, the currency in which the Notes are denominated;

  • Foreign Currency means any currency or currency unit issued by a government other than the government of the United States of America.