Put Currency definition

Put Currency means the Currency agreed to as such at the time an Option is entered into, as evidenced in a Confirmation.

Put Currency means the Permitted Currency agreed as such at the time an Option is entered into, as evidenced in an Advice;

Put Currency means the Permitted Currency agreed as such at the time an Option is entered into, as evidenced in an Advice; “Put Shares” means the Shares agreed as such at the time a Put is entered into;

Examples of Put Currency in a sentence

• Subject to Section 5.3 and 5.5, on the Settlement Date, the Buyer shall pay the Put Currency to the Seller for value on the Settlement Date and the Seller shall pay the Call Currency to the Buyer for value on the Settlement Date.

• Unless otherwise agreed in Part VI of the Schedule or unless the Seller is otherwise instructed by the Buyer, if an Option has an In-the-Money Amount at its Expiration Time that equals or exceeds the product of (x) 1% of the Strike Price (or such other percentage or amount as may have been agreed by the Parties) and (y) the amount of the Call Currency or Put Currency, as appropriate, then the Option shall be deemed automatically exercised.

• In respect of an Exercise Date under a Deliverable Currency Option Transaction, on the Settlement Date, except as otherwise set forth in this Section 3.7(a), Buyer will pay to Seller the Put Currency Amount and Seller will pay to Buyer the Call Currency Amount, subject to the provisions of Section 3.6(c), any other applicable condition precedent and any applicable provisions of Article 5.

• Subject to Clause 6.3 and 6.5, on the Settlement Date, the Buyer shall deliver the Put Currency to the Seller for value on the Settlement Date and the Seller shall deliver the Call Currency to the Buyer for value on the Settlement Date.

• Section 3.6(c) of the FX Definitions is hereby amended by deleting the words “equal or” from the fifth line and by replacing the words “the product of (i) one percent of the Strike Price multiplied by ( ii ) the Call Currency Amount or the Put Currency Amount, as appropriate” with “zero”.

More Definitions of Put Currency

Put Currency. 「認沽貨幣」 means, in respect of an Option, the currency that the Buyer has the option to sell to the Seller.就期權而言，指買方可選擇出售予賣方的貨幣。 “Put Option”「認沽期權」 means an Option entitling, but not obligating (except upon exercise), the Buyer to sell to the Seller at the Strike Price a specified quantity of the Put Currency on the terms and subject to the conditions of the Option.指賦予買方權利但非義務（行使時除外）根據期權的條款及細則以行使價向賣方出售指定數目的認沽貨幣的期權。 “Risk Disclosure Statement”「風險披露聲明」 means the Risk Disclosure Statement in Part II of the T&Cs for Fx Transactions.指外匯交易條款及細則第二部份的風險披露聲明。； “Seller”「賣方」 means the seller of or the party granting an Option, who receives the Premium from the Buyer pursuant to the terms and subject to the conditions of an Option.指期權賣方或授予期權的一方，其根據期權的條款及細則從買方收取期權金。； “Settlement Date”「結算日期」 means the date on which (a) Client’s Currency is due to the Bank, (b), with respect to a NDF, on which payment or delivery is to be made by either Party and (c) with respect to an Option, if exercised, on which Currency Pairs are exchanged or the In-the Money Settlement Amount is paid or received by either Party in U.S. Dollars except as may be otherwise provided in the T&Cs for Fx Transactions or any Confirmation; and if such date would fall on a day other than a Business Day, the Settlement Date will be the next Business Day.指 (a) 到期向銀行支付客戶貨幣的日期，(b) 就不交收遠期交易而言，任何一方應付款或交付的日期，及 (c) 就期權而言（若行使），貨幣對交換或任何一方以美元支付或收取價內結算金額的日期，但外匯交易條款及細則或任何確認書另有規定除外；若該日期並非營業日，則順延至下一個營業日。 “Spot Price”「現貨價」 means the currency exchange rate determined by theBank for any FX Transaction in the relevant Currency Pair on the Settlement Date.

Put Currency means the Permitted Currency agreed as such at the time an Option is entered into, as evidenced in the Confirmation;

Put Currency means the currency specified as such in the related Confirmation or, if such currency is not specified, in the currency that is to be sold by Buyer;

Put Currency means the Currency to be sold by the Buyer under a Currency Option.

Put Currency means the currency that will be sold by the Buyer upon Exercise of the Option.

Put Currency means the Currency specified as such in the related Confirmation or, if such a currency is not specified, the Currency that is to be sold by Buyer;

Put Currency. DEM Expiration Date: February 16, 2000 Settlement Date: February 18, 2000 Premium: USD 1,652,000 Option #3b Buyer: Party A Seller: Party B Currency Option Type: Put Put Currency and Amount: USD 50,000,000 Strike Price: DEM 1.7329 Call Currency: DEM