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 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.
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Primary Currencies means lawful currency of the United Kingdom of Great Britain and Northern Ireland, lawful currency of Canada, lawful currency of the Republic of France, the lawful currency of the Kingdom of Belgium and the lawful currency of the Netherlands.
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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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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, (iv) Japanese Yen, (v) Canadian Dollars, (vi) Swiss Francs and (vii) any other currency (x) that is a lawful currency (other than Dollars) that is readily available and freely transferable and convertible into Dollars, (y) for which a LIBOR Screen Rate is available in the Administrative Agent’s reasonable determination and (z) that is reasonably acceptable to the Administrative Agent and each of the Revolving 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 any currency (other than Dollars) approved by the Administrative Agent and the applicable Issuing Bank.

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

  • Fiat Currency means currency issued by the relevant body in a country or by a government that is designated as legal tender in its country of issuance through amongst other things, government decree, regulation, or law;

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

  • Currencies means positions in Currency Contracts, forward contracts, other foreign exchange positions, as well as cash resulting from any of the foregoing positions.

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars, Euros, Pound Sterling, New Zealand Dollars and Australian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank 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, Canadian Dollars, British pounds, Australian dollars or any other currency (other than Dollars) approved in writing by 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, at any time, any of Pounds Sterling, Euros, Canadian Dollars, Australian Dollars or Dollars and, with the prior written consent of each Lender and the Administrative Agent and prior notice to the Collateral Agent, any other currency, so long as, in respect of any such specified currency, it is available to the Collateral Agent and at such time no central bank or other governmental authorization in the country of issue of such currency (including, in the case of the Euro, any authorization by the European Central Bank) is required to permit use of such currency by any Lender for making any Advance hereunder and/or to permit the Borrower to borrow and repay the principal thereof and to pay the interest thereon, unless such authorization has been obtained and is in full force and effect.

  • 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 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.