USD Settlement Amount definition
USD Settlement Amount means an amount in USD equal to the TRL Redemption Amount converted into USD at the USD/TRL exchange rate for value on the Postponed Maturity Date, as determined by the Calculation Agent in its sole and absolute discretion. For the avoidance of doubt, the USD Settlement Amount could be equal to zero;
USD Settlement Amount means an amount in USD equal to the TRL Redemption Amount converted into USD at the prevailing USD/TRL exchange rate on the day falling 3 (three) Business Days prior to the Postponed Maturity Date for value on the Postponed Maturity Date, as determined by the Calculation Agent in its sole and absolute discretion, provided, however, that if the Calculation Agent notifies the Issuer that the Inconvertibility Event has ceased to exist on the day falling 3 (three) Business Days prior to the Postponed Maturity Date, the USD Settlement Amount shall be an amount in USD equal to the TRL Redemption Amount converted into USD at the prevailing USD/TRL exchange rate on the day falling 3 (three) Business Days prior to the Postponed Maturity Date for value on the Postponed Maturity Date, as determined by the Calculation Agent using the average of firm quotes (expressed us the number of TRL per one USD) from the Reference Dealers at or about 11.00 a.m. London time on such date. If fewer than four (but at least two) Reference Dealers provide such a firm quote then the average of the quotes actually obtained shall apply. If only one Reference Dealer provides a firm quote then such quote shall apply and if none of the Reference Dealers provides such a firm quote, FXfinal will be determined by the Calculation Agent in its sole discretion, acting in good faith and in a commercially reasonable manner. For the avoidance of doubt, the USD Settlement Amount could be equal to zero and shall not be less than zero.