Relevant Exchange Rate definition

Relevant Exchange Rate means the reference exchange rate for the conversion of the relevant currency into the Settlement Currency (or, if no such direct exchange rates are published, the effective rate resulting from the application of rates into and out of one or more intermediate currencies) as the Issuer may determine to be the prevailing spot rate for such exchange.

Relevant Exchange Rate means the foreign exchange rate for exchanging an amount in the First Currency for an amount in the Second Currency, expressed as a number of the First Currency per one of the Second Currency, each as specified in the relevant Pricing Supplement or Drawdown Prospectus. If no such Relevant Exchange Rate appears on either the Relevant Screen Page (or such other page, as may replace that page on that service) or the Fall-Back Screen Page or such other pages as may replace that page on that service at the Relevant Time on the relevant Interest Determination Date, FX Rate shall be determined by the Calculation Agent in its discretion, acting in good faith and in a commercially reasonable manner unless a second alternative fall-back provision is specified in such Pricing Supplement or Drawdown Prospectus.

Relevant Exchange Rate means the reference exchange rate for the conversion of the relevant currency into the Specified Currency (or the effective rate resulting from the application of rates into and out of one or more third currencies) as the Calculation Agent may determine (in its sole and absolute discretion) to be the prevailing spot rate for such exchange.

Examples of Relevant Exchange Rate in a sentence

• Principal Amount The principal amount of the Bonds will be of an amount not exceeding the HK$ equivalent of RMB4,000,000,000, translated into Hong Kong dollars at the Relevant Exchange Rate, to be agreed between the Issuer and the Placing Agent prior to the Closing Date.

• Where any Scheme Claim is denominated in a currency other than USD, the amount will be converted to USD at the Relevant Exchange Rate for the purposes of determining the Adjudicated Claim Amount as the case may be.

• If no such Relevant Exchange Rate appears on either the Relevant Screen Page or such other page as may replace that page on that service or the Fall-back Screen Page or such other page as may replace that page on that service at the Relevant Time on the FRA Determination Date, FXFRA Rate shall be determined by the Calculation Agent in its discretion, acting in good faith and in a commercially reasonable manner unless a second alternative fall-back provision is added in the Pricing Supplement.

• The Sellers shall upon service of a 5m Re-Transfer Notice pursuant to clause 2.3(b) repay to the Buyer any payment of EUR2,000,000 (or for the purposes of this Agreement US$2,161,600 by reference to the Relevant Exchange Rate) already made pursuant to clause (a).

• The Relevant Exchange Rate will be notified to Shareholders via an announcement through a Regulatory Information Service on or around 7 April 2014.

More Definitions of Relevant Exchange Rate

Relevant Exchange Rate means the rate of exchange made available by the Monetary Authority of Singapore (established under the Monetary Authority of Singapore Act (Cap. 186, 1999 Rev Ed)) at which an amount in any currency other than USD may be converted into an amount in USD, as at 4 January 2021.

Relevant Exchange Rate means the spot rate of exchange (the closing mid-point) using U.S. dollars for the purchase of one pound sterling in the London foreign exchange market as reported in the Financial Times, London edition, on the next following day for each of the days referred to in the definition of Five Day Average (or otherwise as contemplated herein) and contained in this Agreement, provided that if such rate is less than 1.6 dollars per pound sterling, the Relevant Exchange Rate will be deemed to be 1.6 and if such rate is greater than 2.0 dollars per pound sterling, the Relevant Exchange Rate will be deemed to be 2.0;

Relevant Exchange Rate means, with respect to any Eurocurrency Loan denominated in any Approved Currency other than Dollars, the Exchange Rate for the purchase of Dollars with such Approved Currency in effect on the date which is two Business Days prior to the later of (a) the date on which such Loan was first made, or (b) the date on which such Loan was continued, if applicable, pursuant to the terms of this Agreement.

Relevant Exchange Rate. ’ means the foreign exchange rate for exchanging an amount in the First Currency for an amount in the Second Currency, expressed as a number of the First Currency per one of the Second Currency.

Relevant Exchange Rate means, (i) with respect to RMB and any calculation date, the spot exchange rate between RMB and US dollars as quoted by the People’s Bank of China on such date, and (ii) with respect to any other currency and any calculation date, the “noon buying rate” for purchases of such currency on such date published by the Federal Reserve Bank of New York.

Relevant Exchange Rate means, in respect of a currency conversion from USD to VND, or vice versa, the average of the buy rate (transfer) and the sell rate of exchange on the immediately preceding day on which such rate was published by Vietcombank.

Relevant Exchange Rate has the meaning set forth in Section 2.02(a)(i);