Redenomination definition

Redenomination and “Redenominated” each refer to the redenomination of Term Loan Advances comprising all or part of the same Borrowing from an Agreed Currency to Dollars or from Dollars to another Agreed Currency, or the continuation of such Advances in the same Agreed Currency, in each case pursuant to Section 2.03(b), 2.10 or 2.15.

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Redenomination and “Redenominated” each refer to a redenomination comprising all or part of the same Borrowing from an Agreed Currency to Dollars or from Dollars to another Agreed Currency, or the continuation of such Advances in the same Agreed Currency, in each case pursuant to Section 2.10 or 2.15.

Redenomination means the process whereby a country changes and recalibrates its currency into another currency;

Examples of Redenomination in a sentence

Where redenomination is specified in the applicable Pricing Supplement as being applicable, the Issuer may, without the consent of the Noteholders, the Receiptholders and the Couponholders, on giving prior notice to the Trustee, the Agent, Euroclear, Clearstream and CMU and at least 30 days’ prior notice to the Noteholders in accordance with Condition 15, elect that, with effect from the Redenomination Date specified in the notice, the Notes shall be redenominated in euro.
Redenomination Notes may, in certain circumstances, be redenominated into euro as provided in Condition 10 under “Terms and Conditions of the Notes” (the “Conditions”).
Each such notice of request of a Redenomination (a “Notice of Redenomination”) shall be by telecopy, confirmed immediately in writing, specifying (i) the Advances comprising the Borrowing to be Redenominated, (ii) the date of the proposed Redenomination, (iii) the currency into which such Advances are to be Redenominated, and (iv) the Interest Period for such Advances upon being so Redenominated.
Each such notice of request of a Redenomination (a “Notice of Redenomination”) shall be by facsimile or electronic mail, confirmed immediately in writing, specifying (i) the Advances comprising the Borrowing to be Redenominated, (ii) the date of the proposed Redenomination, (iii) the currency into which such Advances are to be Redenominated, and (iv) the Interest Period for such Advances upon being so Redenominated.
Such Redenomination shall be equal to the Currency Equivalent (calculated at the date of Redenomination) in Dollars of such Eurocurrency Rate Loans.

More Definitions of Redenomination

Redenomination and "Redenominated" each refers to redenomination of any Loan in an Alternative Currency into Dollars or any other Alternative Currency pursuant to Sections 2.12(m) and 7.

Redenomination and "Redenominated" each refers to redenomination of each Eurodollar Loan comprising the same Borrowing from Dollars into an Alternative Currency or from an Alternative Currency into Dollars or another Alternative Currency pursuant to section 2.7.

Redenomination notice from the Facility Agent declaring that all or part of the Total Outstandings and interest accrued thereon which are not denominated in Baht to be redenominated into Baht at the Selling Rate. Notwithstanding the provisions of this clause 25.2, on the occurrence of an Event of Default and while such Event of Default is continuing, the Lenders may, immediately and independently of each other, redenominate into Baht all or part of the Total Outstandings and interest accrued thereon which are not denominated in Baht at the Selling Rate.

Redenomination means the redenomination of Facility C1 from yen to euro and of Facility C2 from yen to dollars, each in accordance with Clause 2.2 (Redenomination of Facility C1 and Facility C2).

Redenomination means the redenomination of Facility B3 from US dollars to euro in accordance with Clause 2.2 (Redenomination of Facility B3).

Redenomination. AND "REDENOMINATED": each refers to redenomination of each Revolving Advance from Dollars into an Alternate Currency or from an Alternate Currency into Dollars or another Alternate Currency pursuant to Section 2.01. (r) "REFERENCE RATE": shall mean an index for a variable interest rate which is quoted, published or announced from time to time by the Bank as its reference rate and as to which loans may be made by the Bank at, below or above such reference rate. (s) "REVOLVING LINE OF CREDIT": shall mean the credit facility described in Section 2.01 (t) "REVOLVING ADVANCES". Shall mean any advance under the Revolving Line of Credit, Section 2.01.

Redenomination or “Redenominated” means the process whereby a country changes and recalibrates its currency into another currency; “Sale Currency”means the currency being bought by WorldFirst and sold by the Client;