UPE threshold currency definition

UPE threshold currency means: (i) if a threshold amount is specified for the purposes of CbC Reporting in the jurisdiction of tax residence of the group’s Ultimate Parent Entity – the currency in which that threshold amount is specified; or (ii) in any other case – the currency of the jurisdiction of tax residence of the group’s Ultimate Parent Entity.
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Related to UPE threshold currency

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

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

  • Permitted Currency means (1) the legal tender of any Group of 7 country (or any country that becomes a member of the Group of 7 if such Group of 7 expands its membership) or (2) the legal tender of any country which, as of the date of such change, is a member of the Organization for Economic Cooperation and Development and has a local currency long-term debt rating of either AAA or higher assigned to it by Standard & Poor's, a division of The McGraw-Hill Companies, Inc. or any successor to the rating business thereof, Aaa or higher assigned to it by Moody's Investors Service, Inc. or any successor to the rating business thereof or AAA or higher assigned to it by Fitch Ratings or any successor to the rating business thereof;

  • Termination Currency means United States Dollars.

  • Second Currency has the meaning specified in Section 14.19.