Specified Exchange Rate definition
Specified Exchange Rate means, on any day, in respect of any amount denominated in Euros, the rate at which Euros may be exchanged into Dollars, in each case as set forth at 10:00 A.M., Eastern time, on such date (for spot delivery) on the applicable Bloomberg Key Cross Currency Rates Page FXC (or any successor thereto). In the event that such rate does not appear on such page, the Specified Exchange Rate shall be determined by reference to such other nationally recognized, publicly available service for displaying exchange rates selected by the Required Holders for such purposes or, at the discretion of the Required Holders, the Specified Exchange Rate shall instead be the arithmetic average of the spot rates of exchange operations in respect of such date for the purchase of Dollars for delivery two Business Days (or such other period as is customary in the relevant market) later; provided that if at the time of any such determination, for any reason, no such spot rate is being quoted, the Required Holders may use any other reasonable method they deem appropriate to determine such rate, and such determination shall be presumed correct absent manifest error.
Specified Exchange Rate means, for the exchange of any applicable currency into US$, the average of the “Bid” and “Ask” Tokyo Fix rates published by WM/Reuters on the date on which the Pre-Closing Statement is provided to Buyer pursuant to S ection 2.04(a); provided, that if the Tokyo Fix does not include rates for any applicable currency, then the average of the “Bid” and “Ask” rates published by WM/Reuters at 4:00 p.m. (London Time) on the Business
Specified Exchange Rate means 1.3578 U.S. Dollar per 1 British Pound Sterling.
Examples of Specified Exchange Rate in a sentence
To the extent that any number or amount required for the calculation of the Purchase Price and the components thereof is expressed in any currency other than United States dollars, such amount shall be converted into United States dollars at the Specified Exchange Rate.
More Definitions of Specified Exchange Rate
Specified Exchange Rate means the rate of exchange specified in the applicable Final Terms.
Specified Exchange Rate means, for the exchange of any applicable currency into US$, the average of the “Bid” and “Ask” Tokyo Fix rates published by WM/Reuters on the date on which the Pre-Closing Statement is provided to Buyer pursuant to Section 2.04(a); provided, that if the Tokyo Fix does not include rates for any applicable currency, then the average of the “Bid” and “Ask” rates published by WM/Reuters at 4:00 p.m. (London Time) on the Business Day immediately preceding the date on which the Pre-Closing Statement is so provided shall be used.
Specified Exchange Rate means the rate at which such other currency may be exchanged into U.S. Dollars as set forth at 10:00 a.m., New York City time on the applicable date (for spot delivery) on the applicable Bloomberg Key Cross Currency Rates Page FXC (or any successor thereto); in the event that such rate does not appear on such page, the Specified Exchange Rate shall be determined by reference to such other nationally recognized, publicly available service for displaying exchange rates selected by the Requisite Noteholders and the Agent for such purposes.
Specified Exchange Rate means the exchange rates from which you may choose for effecting the currency exchange transaction under the FX Order Watch Service.
Specified Exchange Rate means the Noon Buying Rate as published by the Federal Bank of New York on the penultimate Business Day of each month. Start Date – means the later of the dates appearing with the authorized signatures set forth in the Agreement Details except to the extent that the parties expressly specify an alternative Start Date in the Agreement Details. Tax - means any tax (excluding income tax or capital gains tax payable by Telstra or a Service Provider), value added taxes, levy, charge, duty (including customs duty or stamp duty), excise, sales tax, impost, fee, deduction, compulsory loan, and other similar taxes that is assessed, levied, imposed or collected by any Government Body now and at any time in the future and includes (but is not limited to) any interest, fine, penalty, charge, fee or other amount imposed on, or in respect of, any of the above. It also includes taxes which are replacement taxes for the taxes referred to above. Telstra – means Telstra Incorporated, a Delaware corporation and includes successors and assigns.
Specified Exchange Rate means the exchange rate of one (1) US dollar to seven point seven five (7.75) HK dollars.
Specified Exchange Rate means, for the purpose of translating an amount denominated in a currency other than dollars into dollars, the average closing rate for exchanges between such currency and dollars quoted by the Wall Street Journal (U.S. Edition) for the five consecutive trading days immediately preceding the Closing Date.