USD Equivalent Amount definition
USD Equivalent Amount means the amount of any other currency, which when converted into USD utilising the Lender’s spot rate of exchange for purchase of USD with that other currency at or about 11:00am Hong Kong time on the relevant date, is equal to the relevant amount of USD.
USD Equivalent Amount means, if the relevant Pricing Supplement specifies "FX Disruption Event" to be applicable, following the occurrence of an FX Disruption Event and in respect of the relevant Interest Amount, Settlement Amount, Redemption Amount or other amount payable (if applicable) on the relevant Affected Payment Date (for these purposes, the "Affected Currency Amount"), an amount in USD determined by the Calculation Agent by converting the Affected Currency Amount into USD using the USD/Affected Currency FX Rate for the relevant FX Disruption Event Cut-off Date.".
USD Equivalent Amount means on any date with respect to the specified amount of Canadian Dollars, the U.S. Dollar equivalent amount after giving effect to the conversion of Canadian Dollars to U.S. Dollars at the Bank of Canada daily average exchange rate (as quoted or published from time to time by the Bank of Canada) on that date;
Examples of USD Equivalent Amount in a sentence
The aggregate undrawn amount of, and the aggregate amount drawn and not yet reimbursed under, all outstanding Post Maturity Letters of Credit shall not at any time exceed the USD Equivalent Amount of Five Million Dollars ($5,000,000.00).
An amount equal to the sum of 100% of the undrawn amount of outstanding USD-denominated Letters of Credit and 120% of the undrawn USD Equivalent Amount of outstanding OAC-denominated Letters of Credit shall be reserved under the Line of Credit and shall not be available for borrowings thereunder.
In the event any amounts remain due and owing to Bank, Borrower shall immediately pay to Bank the full USD Equivalent Amount of any such due and owing amounts, together with interest thereon from the date such drawing is paid to the date such amount is fully repaid by Borrower, at the Base Rate.
More Definitions of USD Equivalent Amount
USD Equivalent Amount means the Equivalent Amount of any applicable calculation where Dollars is the “second currency” in such calculation.
USD Equivalent Amount means, in relation to any payment or outstanding amount, the value of that payment or amount in USD, which if not already paid or stated in USD shall be calculated using the closing exchange rates as shown by oanda.com on the date two Business Days prior to the relevant payment or the date at which such outstanding amount is to be calculated;
USD Equivalent Amount means, in respect of any amount denominated in any currency, the equivalent, in Dollars, of such amount calculated by reference to the rate of exchange available to NIB on the international foreign exchange market (and notified to the Borrower) two (2) Business Days prior to the date of determination.
USD Equivalent Amount means, in respect of an Affected Amount and the Payment Event Payment Date, an amount in USD determined by the Calculation Agent by converting the Affected Amount from the currency in which such Affected Am ount is denominated in (such currency, the "Affected Currency") into USD using the USD/Affected Currency Exchange Rate on the Payment Disruption Valuation Date in respect of such Payment Event Payment Date, as determined by the Calculation Agent.
USD Equivalent Amount means, as of any date of determination, with respect to amounts denominated in USD, the face amount thereof, and, with respect to amounts denominated in OAC, the equivalent amount in USD as determined by the Bank at such time on the basis of the Spot Rate for the purchase of USD with the applicable OAC.
USD Equivalent Amount means amount equal to the Issue Price expressed in United States Dollar (at a conversion rate determined by the Calculation Agent).
USD Equivalent Amount means on any date with respect to the specified amount of Canadian dollars the U.S. dollar equivalent amount after giving effect to the conversion of Canadian dollars to U.S. dollars at the Bank of Canada daily average exchange rate (as quoted or published from time to time by the Bank of Canada) on that date. If such rate cannot be determined as provided in the immediately preceding sentence on such date (which, for the purpose of this definition, will be deemed to be the “Affected Day”), then the USD Equivalent Amount for such date will be determined mutatis mutandis but with respect to the immediately preceding day on which such rate can be so determined; provided, however, that, if such immediately preceding day is before the fifth (5th) day before such Affected Day, or, if such rate cannot be so determined, then the USD Equivalent Amount will be determined in such other manner as prescribed in good faith by an independent financial institution or advisor with appropriate expertise selected by the Company for such purpose.