Reference Exchange Rate definition

Reference Exchange Rate means the exchange rate which is used as the basis to calculate any currency exchange and which is made available by the payment service provider or comes from a publicly available source;
Reference Exchange Rate means the reference exchange rate used as the basis for the calculation of any currency exchange that is available to the Bank as payment services provider or is subject to a source available to the public.
Reference Exchange Rate means, in respect of any one currency that is to be converted into another currency in accordance with the provisions of this agreement, the buying rate of such currency as of 12:00 noon on the relevant date notified by the State Bank of india, and in absence of such rate, the average of similar rates notified by Bank of India and Bank of Baroda.

Examples of Reference Exchange Rate in a sentence

  • If a Local Payment is received by a Seller Party pursuant to Section 3.08(a), the dollar equivalent of such Local Payment (which, if made in a currency other than the dollar, shall be converted into dollars at a Reference Exchange Rate) shall be included in the aggregate amount of Local Payments described in clause (d) of Section 3.01.


More Definitions of Reference Exchange Rate

Reference Exchange Rate means, in respect of any one currency that is to be converted into another currency in accordance with the provisions of this Agreement, the exchange rate as of 12.00 (twelve) noon on the relevant date quoted in Delhi by the State Bank of India, and in the absence of such rate, the average of similar rates quoted in Delhi by the Bank of India and the Bank of Baroda;
Reference Exchange Rate means, in respect of any one currency that is to be converted into another currency in accordance with the provisions of this Agreement, the exchange rate as of 12.00 (twelve) noon on the relevant date quoted in Delhi by the Reserve Bank of India (RBI);
Reference Exchange Rate means a publicly available rate used to convert one currency into another. The rate may be set by us or a third party.
Reference Exchange Rate means the Bank of Canada closing rate as found on www.bankofcanada.ca/rates/exchange/.
Reference Exchange Rate means the US dollar/Canadian dollar closing spot rate determined at 4:00p.m. (Toronto time), or another US dollar/Canadian dollar exchange rate deemed appropriate by the Manager.
Reference Exchange Rate means, in respect of any one currency that is to be converted into another currency in accordance with the provisions of this Agreement, the exchange rate as of
Reference Exchange Rate means the exchange rate used to calculate any currency exchange, which made available by the Bank or which comes from publicly available sources;