United States Dollar Equivalent definition

United States Dollar Equivalent means with respect to any monetary amount in a currency other than Dollars, at any time of determination thereof, the amount of Dollars obtained by translating such other currency involved in such computation into Dollars at the spot rate for the purchase of Dollars with the applicable other currency as published in the Financial Times on the date that is two Business Days prior to such determination.
United States Dollar Equivalent means, with respect to any monetary amount in a currency other than the United States dollar, at any time for the determination thereof, the amount of United States dollars obtained by converting such foreign currency involved in such computation into United States dollars at the spot rate for the purchase of United States dollars with the applicable foreign currency as quoted by Reuters at approximately 11:00 a.m. (New York City time) on the date not more than two business days prior to such determination. For purposes of determining whether any Indebtedness can be incurred (including Permitted Indebtedness), any Investment can be made and any transaction described in Section 1015 can be undertaken (a "Tested Transaction"), the United States Dollar Equivalent of such Indebtedness, Investment or transaction described in Section 1015 will be determined on the date Incurred, made or undertaken and no subsequent change in the United States Dollar Equivalent shall cause such Tested Transaction to have been Incurred, made or undertaken in violation of this Indenture.
United States Dollar Equivalent of any amount which is expressed in Canadian Dollars means, on any date, the amount determined by multiplying such amount by the Canadian – U.S. Exchange Rate in effect on such date.

Examples of United States Dollar Equivalent in a sentence

  • North Macedonia is still landfilling the majority of generated municipal waste.

  • If the transfer of or the conversion into United States Dollar Equivalent of any remittance due hereunder is not lawful or possible in any country, such remittance shall be made by the deposit thereof in the currency of the country to the credit and account of HOSPITAL or its nominee in any commercial bank or trust company located in that country, prompt notice of which shall be given to HOSPITAL.

  • Despite its importance, such theoretical constructs have often been by-passed in previous empirical studies.

  • The Assumed Option will provide for an exercise price per Rational Common Share equal to the United States Dollar Equivalent of the exercise price per share of the ObjecTime Option immediately prior to the Effective Time divided by the Exchange Ratio.

  • The date of determination (the "Redemption Determination Date") of the United States Dollar Equivalent for all purposes under this Article XI shall be two Business Days prior to the date the Company Order and Officers' Certificate required under this Section 11.03 is furnished to the Trustee.


More Definitions of United States Dollar Equivalent

United States Dollar Equivalent means with respect to any monetary amount in a currency other than United States dollars, at any time of determination thereof, the amount of United States dollars obtained by translating such other currency involved in such computation into United States dollars at the spot rate for the purchase of United States dollars with the applicable other currency as published in the Financial Times on the date that is two business days prior to such determination.
United States Dollar Equivalent of any Canadian Dollars shall mean the amount of such Canadian Dollars converted to United States Dollars computed, unless otherwise agreed, at Fortis’ selling rate for Canadian Dollars most recently in effect on or prior to the date of determination.
United States Dollar Equivalent means, with respect to any monetary amount in a currency other than the United States dollar, at any time for the determination thereof, the amount of United States dollars obtained by converting such foreign currency involved in such computation into United States dollars at the spot rate for the purchase of United States dollars with the applicable foreign currency as quoted by Reuters at approximately 11:00 a.m. (New York City time) on the date not more than two business days prior to such determination. For purposes of determining whether any Indebtedness can be incurred (including Permitted Indebtedness), any Investment can be made and any transaction described in Section 6.4 can be undertaken (a "Tested Transaction"), the United States Dollar Equivalent of such Indebtedness, Investment or transaction described in Section 6.4 will be determined on the date Incurred, made or undertaken and no subsequent change in the United States Dollar Equivalent shall cause such Tested Transaction to have been Incurred, made or undertaken in violation of this Agreement.
United States Dollar Equivalent means, in respect of an amount expressed in a currency other than United States dollars (the "FOREIGN CURRENCY AMOUNT") at any date, the product obtained by multiplying (a) the Foreign Currency Amount by (b) the noon spot exchange rate on that date for that foreign currency expressed in United States dollars as reported by the Federal Reserve Bank of New York or, in the event that spot exchange rate is not available, any publicly disclosed and widely quoted exchange rate as quoted by an arm's length third party on that date for the foreign currency expressed in United States dollars as may be deemed by the board of directors of Redback, acting reasonably, to be appropriate for that purpose.
United States Dollar Equivalent means with respect to any monetary amount in a currency other than United States dollars, at any time for determination thereof, the amount of United States dollars obtained by converting such foreign currency involved in such computation into United States dollars at the spot rate for the purchase of United States 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 (2) Business Days prior to such determination. Except as otherwise set forth in Section 4.9, whenever it is necessary to determine whether the Company has complied with any covenant in this Indenture or a Default has occurred and an amount is expressed in a currency other than United States dollars, such amount will be treated as the United States Dollar Equivalent determined as of the date such amount is initially determined in such currency.
United States Dollar Equivalent of an amount of Yen means, as of any date of determination, the applicable amount of Yen divided by the Exchange Rate on such date of determination if foreign currency trading occurred in the United States of America on such date of determination or, if foreign currency trading did not occur in the United States of America on such date of determination, on the most recent prior date on which foreign currency trading occurred in the United States of America.
United States Dollar Equivalent means, with respect to any monetary amount in a currency other than the Dollar, at or as of any time for the determination thereof, the amount of Dollars obtained by converting such foreign currency involved in such computation into Dollars at the spot rate for the purchase of Dollars with the applicable foreign currency as quoted by Reuters (or, if Reuters ceases to provide such spot quotations, by any other reputable service as is providing such spot quotations, as selected by the Company) at approximately 11:00 a.m. (New York City time) on the date not more than two Business Days prior to such determination. For purposes of determining whether any Indebtedness can be incurred, any Investment can be made or any transaction described in Section 10.10 can be undertaken (a "Tested Transaction"), or for any other purpose hereunder including the redemption or purchase of any Notes, the United States Dollar Equivalent of such Indebtedness, Investment or transaction described in Section 10.10 or any other determination of the United States Dollar Equivalent of Euros for any other purpose shall be determined as of the date incurred, made or undertaken or otherwise as described herein and, in each case, no subsequent change in the United States Dollar Equivalent after such date of determination shall cause such Tested Transaction or such other action to have been incurred, made or undertaken in violation of this Indenture.