Successor Currency definition

Successor Currency means a Successor Currency as defined under the section “Description of the Notes – Succession Event.”
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Successor Currency means, in respect of a currency, any lawful successor currency. 「後繼貨幣」指，就貨幣而言，任何合法的後繼貨幣。
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Examples of Successor Currency in a sentence

  • The Successor Currency and the date of its first application shall be determined by the Issuer in its duly exercised discretion and will be notified to the Investors in accordance with Condition 16.

  • The Successor Currency as well as the time of its first application will be published in accordance with Section 5 (Notices) of the General Conditions.(4) Wird eine im Zusammenhang mit dem Basiswert verwendete Währung in ihrer Funktion als gesetzliches Zahlungsmittel des Landes oder der Rechtsordnung bzw.

  • Unless otherwise agreed by the parties to a Transaction, each currency with respect to a particular country defined in this Annex will be deemed to include any lawful successor currency (the "Successor Currency") of that country.

  • The Successor Currency and the date of its first application shall be determined by the Investment Manager in its duly exercised discretion and will be notified to the Investors by the Issuer in accordance with “Notices” (Condition 19).

  • EGP"), being the lawful currency of the Arab Republic of Egypt, provided that EGP will be deemed to include any lawful successor currency (the "Successor Currency", which term shallinclude each subsequent lawful successor currency) of the Arab Republic of Egypt.

  • The Applicable Exchange Rate means the exchange rate of euro against the Specified Currency or the Successor Currency (if applicable) determined and published by the European Central Bank two Business Days prior to the relevant due date or, if that exchange rate is not available, the most recent prior practicable date.

  • ZAR will be deemed to include any lawful successor currency (the "Successor Currency") of the Republic of South Africa.

  • Appointment and Resignation of Successor Currency Determination Agent .

  • The Successor Currency and the date of its first application shall be determined by the Issuer, or in case of actively managed ETPs, the Investment Manager in its duly exercised discretion and will be notified to the Investors by the Issuer in accordance with “Notices” (Condition 19).

  • Specified Currency or Currencies:United States Dollar ("USD" or "U.S.$") and Egyptian Pound ("EGP"), being the lawful currency of the Arab Republic of Egypt, provided that EGP will be deemed to include any lawful successor currency (the "Successor Currency", which term shall include each subsequent lawful successor currency) of the Arab Republic of Egypt.

Related to Successor Currency

  • LIBOR Currency means the currency specified on the face hereof as to which LIBOR shall be calculated or, if no currency is specified on the face hereof, United States dollars. “LIBOR Page”

  • First Currency has the meaning specified in Section 1.15.

  • Index Currency means USD.

  • Designated LIBOR Currency means the currency or composite currency specified on the face hereof as to which LIBOR shall be calculated. If no such currency or composite currency is specified on the face hereof, the Designated LIBOR Currency shall be United States dollars.

  • Domestic Currency means the currency specified as such and any successor currency. If no currency is so specified, the Domestic Currency shall be the lawful currency and any successor currency of (i) the relevant Reference Entity, if the Reference Entity is a Sovereign, or (ii) the jurisdiction in which the relevant Reference Entity is organised, if the Reference Entity is not a Sovereign. In no event shall Domestic Currency include any successor currency if such successor currency is the lawful currency of any of Canada, Japan, Switzerland, the United Kingdom or the United States of America or the euro (or any successor currency to any such currency).

  • Fiat Currency means a currency issued by a country's government or central bank.

  • Not Domestic Currency means any obligation that is payable in any currency other than the Domestic Currency.

  • Termination Currency means United States Dollars.

  • Other Currency has the meaning specified in Section 1.15.

  • Eligible Currency means any lawful currency other than Dollars that is readily available, freely transferable and convertible into Dollars in the international interbank market available to the Lenders in such market and as to which a Dollar Equivalent may be readily calculated. If, after the designation by the Lenders of any currency as an Alternative Currency, any change in currency controls or exchange regulations or any change in the national or international financial, political or economic conditions are imposed in the country in which such currency is issued, result in, in the reasonable opinion of the Required Lenders (in the case of any Loans to be denominated in an Alternative Currency), (a) such currency no longer being readily available, freely transferable and convertible into Dollars, (b) a Dollar Equivalent is no longer readily calculable with respect to such currency, (c) providing such currency is impracticable for the Lenders or (d) no longer a currency in which the Required Lenders are willing to make such Credit Extensions (each of clauses (a), (b), (c), and (d), a “Disqualifying Event”), then the Administrative Agent shall promptly notify the Lenders and the Company, and such country’s currency shall no longer be an Alternative Currency until such time as the Disqualifying Event(s) no longer exist. Within, five (5) Business Days after receipt of such notice from the Administrative Agent, the Borrowers shall repay all Loans in such currency to which the Disqualifying Event applies or convert such Loans into the Dollar Equivalent of Loans in Dollars, subject to the other terms contained herein.

  • Agreed Currency means Dollars or any Alternative Currency, as applicable.

  • Original Currency has the meaning assigned to such term in Section 2.17.

  • Alternative Currency Term Rate means, for any Interest Period, with respect to any Credit Extension:

  • National Currency means the currency, other than the Euro, of a Participating Member State.

  • Reference Currency means the currency specified as such in the applicable Final Terms.

  • Relevant Currency means the currency specified as such or, if none is specified, the currency in which the Notes are denominated;

  • Obligation Currency shall have the meaning assigned to such term in Section 11.18(a).

  • Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.

  • Second Currency has the meaning specified in Section 14.19.

  • Primary Currency has the meaning specified in Section 9.11(c).

  • Optional Currency means a currency (other than the Base Currency) which complies with the conditions set out in Clause 4.3 (Conditions relating to Optional Currencies).

  • Denomination Currency has the meaning specified in Section 14(b).

  • Alternative Currency Term Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Term Rate.” All Alternative Currency Term Rate Loans must be denominated in an Alternative Currency.

  • Balance Currency means the currency under which the trading account has the reference on and with which the Client buys or sells the subject matter instruments. It is noted that the all charges including Spreads, Commissions, Charges and Swaps are calculated in the Balance Currency.

  • RMB Currency Events means any one of RMB Illiquidity, RMB Non-Transferability and RMB Inconvertibility;

  • Applicable Currency means, as to any particular payment or Loan, Dollars or the Offshore Currency in which it is denominated or is payable.