Advance Date Exchange Rate definition

Advance Date Exchange Rate means, with respect to a specified Advance or Loan in an Alternative Currency, the Spot Rate of Exchange as of the date two Business Days preceding the date such Advance is originally made, provided that, if such Advance or Loan is Continued for a subsequent Interest Period or Converted pursuant to Section 2.8, the Advance Date Exchange Rate with respect to such Loan shall be the Spot Rate of Exchange two Business Days preceding the effective date of the latest Continuation or Conversion of such Advance or Loan, and the Dollar Value of such Advance or Loan shall be adjusted as set forth in Section 2.1(b).
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Advance Date Exchange Rate means, with respect to a specified Advance or Loan in an Alternative Currency, the Spot Rate of Exchange determined for the date such Advance is originally made, PROVIDED that, if such Advance or Loan is Continued for a subsequent Interest Period pursuant to SECTION 2.3(c), the Advance Date Exchange Rate with respect to such Loan shall be the Spot Rate of Exchange two Business Days preceding the effective date of the latest Continuation of such Advance or Loan, and the Dollar Equivalent Amount of such Advance or Loan shall be adjusted as set forth in SECTION 2.3.
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Advance Date Exchange Rate means, (a) with respect to the Tranche B Term Loan, the Spot Rate of Exchange on the Closing Date and (b) with respect to FF Revolving Loans, the Spot Rate of Exchange on (i) the date of the initial Advance of a FF Revolving Loan, and (ii) the Fixed Rate Revolving Loan Valuation Date, in the case of Fixed Rate Revolving Loans;
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Examples of Advance Date Exchange Rate in a sentence

  • At approximately 11:00 A.M. two (2) Business Days preceding the date specified for an Advance of an Alternative Currency, the Agent shall determine the Advance Date Exchange Rate and the applicable interest rate.

  • Not later than 11:45 A.M. two (2) Business Days preceding the date specified for each Advance of an Alternative Currency, the Agent shall provide the Borrower and each Lender notice by telefacsimile transmission of the Advance Date Exchange Rate applicable to such Advance, and the applicable Alternative Currency Equivalent Amount of the Loan or Loans required to be made by each Lender on such date, and the Dollar Equivalent Amount of such Loan or Loans and the applicable Offshore Rate.


More Definitions of Advance Date Exchange Rate

Advance Date Exchange Rate means, with respect to a specified Loan in an Alternate Currency, the Spot Rate of Exchange determined for the date such Loan is originally made.
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Advance Date Exchange Rate means, (i) with respect to a specified Advance or Loan of an Alternative Currency, the Spot Rate of Exchange as of the date two Business Days preceding the date such Advance is originally made, provided that, if such Advance or Loan is continued for a subsequent Interest Period or converted pursuant to Section 2.09 the Advance Date Exchange Rate with respect to such Loan shall be the Spot Rate of Exchange two Business Days preceding the effective date of the latest continuation or conversion of such Advance or Loan; (ii) with respect to a specified Advance or Loan of an Alternative Currency to TD Canada, the Advance Date Exchange Rate shall be the Spot Rate of Exchange as of the date of the Advance or Loan or as of the date of a continued Interest Period or conversion; and in either case the Dollar Value of such Advance or Loan shall be adjusted as set forth in Section 2.01(b) or Section 3.01(b), as applicable; provided, further, that in the case of a drawing under a Letter of Credit, the Spot Rate of Exchange shall be as of the date of such drawing;
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Advance Date Exchange Rate means, with respect to a specified Advance, Loan or Letter of Credit, the Spot Rate of Exchange as of the date two (2) Business Days preceding the date such Advance or Loan is originally made or such Letter of Credit is issued, provided that, if such Advance or Loan is continued for a subsequent Interest Period or converted pursuant to Section 2.11, the Advance Date Exchange Rate with respect to such Advance or Loan shall be the Spot Rate of Exchange two Business Days preceding the effective date of the latest continuation or conversion of such Advance or Loan, and the Dollar Value of such Advance or Loan shall be adjusted as set forth in Section 2.01; provided, further, that in the case of a drawing under a Letter of Credit, the Spot Rate of Exchange shall be as of the date of such drawing;
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Advance Date Exchange Rate means, with respect to a specified Advance or Loan in Canadian Dollars, a Canadian Letter of Credit issued in Canadian Dollars or a Bankers' Acceptance accepted in Canadian Dollars, the Spot Rate of Exchange determined for the date such Advance is originally made, such Canadian Letter of Credit is issued or such Bankers' Acceptance is accepted, provided that, if such Advance, Loan or Bankers' Acceptance is Continued, or such Canadian Letter of Credit is renewed, for a subsequent Interest Period in Canadian Dollars, or if an Advance originally made in Dollars is Converted into an Advance or Loan in Canadian Dollars, in each case pursuant to Section 4.3, the Advance Date Exchange Rate with respect to such Advance or Loan shall be the Spot Rate of Exchange two Business Days preceding the effective date of the latest Continuation or the Conversion of such Advance, Loan or Bankers' Acceptance, or renewal of such Canadian Letter of Credit, and the Dollar Equivalent Amount of such Advance, Loan, Bankers' Acceptance or Canadian Letter of Credit shall be adjusted as set forth in Section 4.13; provided further that, if such Canadian Letter of Credit is issued for a term exceeding three (3) months, the Advance Date Exchange Rate with respect to such Canadian Letter of Credit shall be the Spot Rate of Exchange on the last Business Day of each fiscal quarter of Consoltex Holdings and the Dollar Equivalent Amount of such Canadian Letter of Credit shall be adjusted as set forth in Section 4.13; and provided further that, if such Canadian Letter of Credit is drawn upon, the Advance Date Exchange Rate shall be the Spot Rate of Exchange for the date of such drawing only for the purposes of repayment of Reimbursement Obligations and determining the Dollar Equivalent Amount of such Canadian Letter of Credit Outstandings; and provided further that, with respect to each Base Rate Loan outstanding on the last Business Day of each fiscal quarter of Consoltex Holdings, the Advance Date Exchange Rate with respect to such Base Rate Loan shall be the Spot Rate of Exchange on the last Business Day of such fiscal quarter and the Dollar Equivalent Amount of such Base Rate Loan shall be adjusted as set forth in Section 4.13.
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Advance Date Exchange Rate means, with respect to an Advance of a Tranche B Loan in an Offshore Currency or a Letter of Credit issued in an Offshore Currency, the Spot Rate of Exchange for the date such Advance is originally made or such Letter of Credit is issued, provided that, if such Tranche B Loan is Continued for a subsequent Interest Period pursuant to Sections 4.1 and 4.3, the Advance Date Exchange Rate with respect to such Tranche B Loan shall be the Spot Rate of Exchange two Business Days preceding the effective date of the latest Continuation of such Tranche B Loan, and the Dollar Equivalent Amount of such Tranche B Loan shall be adjusted as set forth in Section 4.1, and provided further, if such Letter of Credit is issued for a term exceeding three (3) months, the Advance Date Exchange Rate with respect to such Letter of Credit shall be the Spot Rate of Exchange on the last Business Day of each calendar quarter and the Dollar Equivalent Amount of such Letter of Credit shall be adjusted as set forth in Section 4.1; and provided, further, if such Letter of Credit is drawn upon, the Advance Date Exchange Rate shall be the Spot Rate of Exchange for the date of such drawing only for the purposes of repayment of Reimbursement Obligations and determining the Dollar Equivalent Amount of such Letter of Credit.
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Advance Date Exchange Rate means, (i) with respect to a specified Advance or Loan of an Alternative Currency, the Spot Rate of Exchange as of the date two Business Days preceding the date such Advance is originally made, provided that, if such Advance or Loan is Continued for a subsequent Interest Period or Converted pursuant to Section 2.09 the Advance Date Exchange Rate with respect to such Loan shall be the Spot Rate of Exchange two Business Days preceding the effective date of the latest Continuation or Conversion of such Advance or Loan; (ii) with respect to a specified Advance or Loan of an Alternative Currency to TD Canada, the Advance Date Exchange Rate shall be the Spot Rate of Exchange as of the date of the Advance or Loan or as of the date of a
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Related to Advance Date Exchange Rate

  • Applicable Exchange Rate means with respect to any Collateral Obligation denominated and payable in Euros, GBPs, AUDs or CADs on any day, the lesser of (a) the applicable currency-Dollar spot rate used by the Borrower (as determined by the Investment Manager) to acquire such currency on the related Cut-Off Date and (b) the Applicable Conversion Rate for such currency.

  • FX Exchange Rate means the FX Exchange Rate as specified in § 2 of the Product and Underlying Data.

  • Spot Exchange Rate has the meaning specified in the related Terms Document.

  • Reference Exchange Rate means the exchange rate which is used as the basis to calculate any currency exchange and which is made available by the payment service provider or comes from a publicly available source;

  • Party B Final Exchange Amount The Sterling equivalent of the Party A Final Exchange Amount converted by reference to the Dollar Currency Exchange Rate.

  • Exchange Rate means, in relation to any amount of currency to be converted into U.S. Dollars pursuant to this Agreement, the U.S. Dollar exchange rate as published in the Wall Street Journal on the relevant date of calculation.

  • Subsequent Interest Period has the meaning specified in Section 307.

  • Market Exchange Rate means, unless otherwise specified with respect to any Securities pursuant to Section 301, (i) for any conversion involving a currency unit on the one hand and Dollars or any Foreign Currency on the other, the exchange rate between the relevant currency unit and Dollars or such Foreign Currency calculated by the method specified pursuant to Section 301 for the Securities of the relevant series, (ii) for any conversion of Dollars into any Foreign Currency, the noon buying rate for such Foreign Currency for cable transfers quoted in New York City as certified for customs purposes by the Federal Reserve Bank of New York and (iii) for any conversion of one Foreign Currency into Dollars or another Foreign Currency, the spot rate at noon local time in the relevant market at which, in accordance with normal banking procedures, the Dollars or Foreign Currency into which conversion is being made could be purchased with the Foreign Currency from which conversion is being made from major banks located in either New York City, London or any other principal market for Dollars or such purchased Foreign Currency, in each case determined by the Exchange Rate Agent. Unless otherwise specified with respect to any Securities pursuant to Section 301, in the event of the unavailability of any of the exchange rates provided for in the foregoing clauses (i), (ii) and (iii), the Exchange Rate Agent shall use, in its sole discretion and without liability on its part, such quotation of the Federal Reserve Bank of New York as of the most recent available date, or quotations from one or more major banks in New York City, London or other principal market for such currency or currency unit in question, or such other quotations as the Exchange Rate Agent shall deem appropriate. Unless otherwise specified by the Exchange Rate Agent, if there is more than one market for dealing in any currency or currency unit by reason of foreign exchange regulations or otherwise, the market to be used in respect of such currency or currency unit shall be that upon which a nonresident issuer of securities designated in such currency or currency unit would purchase such currency or currency unit in order to make payments in respect of such securities.

  • Canadian-U.S. Exchange Rate means, on any date, the inverse of the U.S. - Canadian Exchange Rate in effect on such date;

  • Interest Rate Adjustment Date With respect to each Adjustable Rate Mortgage Loan, the date, specified in the related Mortgage Note and the related Mortgage Loan Schedule, on which the Mortgage Interest Rate is adjusted.

  • Credit Event Amount With respect to each Payment Date, the aggregate amount of the Credit Event UPBs of all Credit Event Reference Obligations for the related Reporting Period.

  • Prevailing Exchange Rate means, for purposes of translating, as of any date, any amount in a non-U.S. currency to U.S. dollars, the spot mid-rate of exchange between such currencies prevailing as of 4 p.m., New York City time, on such date, as displayed on, or derived from, Bloomberg page “BFIX” (or, if such page is not available, its equivalent successor page) in respect of such currencies. 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 Prevailing Exchange Rate 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 Prevailing Exchange Rate will be determined in such other commercially reasonable manner as determined by the Company in good faith.

  • U.S.-Canadian Exchange Rate means, on any date:

  • Maturity Date Extension Request means a request by the Borrower, in the form of Exhibit G hereto or such other form as shall be approved by the Administrative Agent, for the extension of the Maturity Date pursuant to Section 2.20.

  • Interest Calculation Date if applicable, shall have the meaning set forth in the Series Term Sheet.

  • Base Rate Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • SOFR Interest Determination Date means the day that is the number of U.S. Government Securities Business Days prior to the Interest Payment Date in respect of the relevant Interest Period, as specified in the applicable Pricing Supplement.In addition to the Interest Periods and the Interest Payment Dates, the applicable Pricing Supplement shall specify and describe, as applicable, any relevant interest commencement date, interest period end date, interest determination date, index maturity, rate cut-off date, any other terms relating to the particular method of calculating interest on the Average SOFR Note (including any applicable payment delay, lockout or suspension period, lookback or observation shift) and any other terms applicable specifically to such Average SOFR Note.Term SOFR NotesUnless otherwise provided for or modified in the applicable Pricing Supplement, Term SOFR Notes will bear interest at a rate per annum equal to Term SOFR (as defined below) (or Specified-Tenor Term SOFR (as defined below)), plus the Spread.

  • Available Incremental Amount has the meaning specified in Section 2.14(4)(c).

  • Spot Rate for a currency means the rate determined by the Administrative Agent or the L/C Issuer, as applicable, to be the rate quoted by the Person acting in such capacity as the spot rate for the purchase by such Person of such currency with another currency through its principal foreign exchange trading office at approximately 11:00 a.m. on the date two Business Days prior to the date as of which the foreign exchange computation is made; provided that the Administrative Agent or the L/C Issuer may obtain such spot rate from another financial institution designated by the Administrative Agent or the L/C Issuer if the Person acting in such capacity does not have as of the date of determination a spot buying rate for any such currency; and provided further that the L/C Issuer may use such spot rate quoted on the date as of which the foreign exchange computation is made in the case of any Letter of Credit denominated in an Alternative Currency.

  • Rate Calculation Date means the day which is two Rate Calculation Business Days before the due date of the relevant amount under these Conditions;

  • Class A-1 Final Scheduled Payment Date means the Payment Date occurring in August 2024.

  • Adjusted One Month LIBOR Rate means, an interest rate per annum equal to the sum of (i) 1.00% per annum plus (ii) the Adjusted LIBO Rate for a one month Interest Period on such day (or if such day is not a Business Day, the immediately preceding Business Day); provided that, for the avoidance of doubt, the Adjusted LIBO Rate for any day shall be based on the Screen Rate at approximately 11:00 a.m. London time on such day.

  • FX Calculation Date means each day on which FX is published by the Fixing Sponsor. "FX Call Event" means each of the following events:

  • LIBOR Interest Determination Date means the second LIBOR Business Day preceding each LIBOR Rate Reset Date.

  • Reference Rate Determination Date means, in relation to any Reference Rate Business Day(i):