U.S./Cdn definition
Examples of U.S./Cdn in a sentence
Swing Line Loans made on any Funding Date shall be in an aggregate minimum amount of U.S./Cdn.
As of March 31, 2003 US$14.8 for the quarter (US/Cdn) 0.662 0.627 6 million had been drawn under the revolver, down from US$16.0 -------------------------------------------------------------- million at the end of 2002.
On average Delphi has undertaken forward rate contracts on approximately 45 percent of its future revenue from US natural gas commodity contracts at an average foreign exchange rate of US/Cdn $1.245.
For purposes of this Section 2.4, the "U.S. dollar equivalent" shall be the amount of United States dollars that, where clause (i) applies, the Purchasers could purchase, and where clause (ii) applies the Vendor could purchase, with the amount of Canadian dollars determined in accordance with this section, from a major financial institution at the U.S.$/Cdn.$ rate of exchange quoted by the institution at the time the United States dollars are purchased.
With the decrease in the Canadian dollar relative to the US dollar over the past six months, Delphi has been contracting the forward rate of the US/Cdn foreign exchange rate for its future US natural gas revenue.