SDR Equivalent definition

SDR Equivalent means, with respect to any amount expressed in any currency at the time of determination, the equivalent of such amount in SDR, as determined by the Fund in accordance with Article 5.2(b) of the Agreement Establishing IFAD.
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Examples of SDR Equivalent in a sentence

  • The Fund shall credit the Loan and/or Grant Accounts by the SDR Equivalent of the amount so refunded.

  • If the currency of withdrawal has been purchased by the Fund with another currency, the Loan and/or Grant Accounts shall be debited by the SDR Equivalent of the amount of such other currency.

  • The Loan and/or Grant Accounts shall be debited by the SDR Equivalent of the amount withdrawn determined as of the value date of withdrawal.

  • The SDR Equivalent Principal Amount referred to in Part A.1 (b) of this Schedule shall be repaid in the currency of the Borrower in amounts equivalent (as of the date, or respective dates, of repayment) to the amount in Special Drawing Rights so made available.

  • The table below sets forth the Category of items to be financed out of the proceeds of the Credit, and the percentage of expenditures for items so to be financed in each Category: Category Amount of the Credit Allocated (Expressed in SDR Equivalent) % of Expenditures To be Financed Goods, works, services, training, workshops, study tours, sub projects and incremental operating costs under the Project.

  • The following table specifies the Categories that may be financed out of the proceeds of the Additional Credit, the allocations of the amounts of the Additional Credit to each Category, and the percentage of expenditures to be financed for Eligible Expenditures in each Category: Category Amount of Additional Credit Allocated (Expressed in SDR Equivalent) % of Expenditures to be Financed 1.

  • The SDR Equivalent Principal Amount referred to in Part A.1 (b) of this Schedule shall be repaid in foreign currency in amounts equivalent (as of the date, or respective dates, of repayment) to the amount in Special Drawing Rights so made available.

Related to SDR Equivalent

  • Lead equivalent means the thickness of lead affording the same attenuation, under specified conditions, as the material in question.

  • U.S. Dollar Equivalent means with respect to any monetary amount in a currency other than U.S. dollars, at any time for determination thereof, the amount of U.S. dollars obtained by converting such foreign currency involved in such computation into U.S. dollars at the spot rate for the purchase of U.S. dollars with the applicable foreign currency as published in The Wall Street Journal in the “Exchange Rates” column under the heading “Currency Trading” on the date two Business Days prior to such determination.

  • Dollar Equivalent Amount means, at any time, (a) as to any amount denominated in Dollars, the amount hereof at such time, and (b) as to any amount denominated in a currency other than Dollars, the equivalent amount in Dollars as determined by Agent at such time that such amount could be converted into Dollars by Agent according to prevailing exchange rates selected by Agent.

  • Equivalent Amount of any currency with respect to any amount of Dollars at any date shall mean the equivalent in such currency of such amount of Dollars, calculated on the basis of the Exchange Rate for such other currency at 11:00 a.m., London time, on the date on or as of which such amount is to be determined.

  • Canadian Dollar Equivalent of any amount which is expressed in United States Dollars means, on any date, the Canadian dollar equivalent of such amount determined by multiplying such amount by the U.S. - Canadian Exchange Rate in effect on such date;