Agent’s Spot Rate of Exchange definition

Agent’s Spot Rate of Exchange means the Agent's spot rate of exchange for the purchase of the relevant currency with the Base Currency in the London foreign exchange market at or about 11:00 a.m. on a particular day.
Agent’s Spot Rate of Exchange means the Agent’s spot rate of exchange for the purchase of the relevant currency with the Base Currency in the London foreign exchange market at or about 11:00 a.m. on a particular day.
Agent’s Spot Rate of Exchange means the Agent's spot rate of exchange for the purchase of the relevant currency with the Base Currency in the Paris foreign exchange market at or about 11:00 a.m. on a particular day.

Examples of Agent’s Spot Rate of Exchange in a sentence

  • Agent’s Spot Rate of Exchange means the Interim Facility Agent’s spot rate of exchange for the purchase of the relevant currency with Sterling in the London foreign exchange market at or about11.00 a.m. on a particular day.

  • The Agent’s Spot Rate of Exchange means the Agent’s bid rate at around 11am for the relevant currency.

  • Some of the downtime and data loss encountered could have been avoided with increased operator experience; however, Metorex provided accessible and timely field support.

  • The Agent must notify the Company and the Issuing Banks of any relevant Base Currency Amount (and the relevant exchange rate displayed in COGS in accordance with the COGS Conditions or (if COGS is not available) the applicable Agent’s Spot Rate of Exchange) promptly after it is ascertained.

  • Agent’s Spot Rate of Exchange means, in relation to any currency (other than RMB), the Agent’s spot rate of exchange for the purchase of that currency with RMB in the PRC interbank foreign exchange market at or about 11:00 a.m. on a particular day.


More Definitions of Agent’s Spot Rate of Exchange

Agent’s Spot Rate of Exchange means the Agent’s spot rate of exchange for the purchase of one currency with HK dollars in the Hong Kong foreign exchange market at or about 11:00 a.m. on a particular day.
Agent’s Spot Rate of Exchange means, in relation to any amount denominated in any currency, and unless expressly provided otherwise, (a) the rate as determined by OANDA Corporation and made available on its website at xxx.xxxxx.xxx/xxxxxxxx/xxxxxxxxx/ or (b) if customary in the relevant interbank market, the bid rate that appears on the Xxxxxx’x (Page AFX= or Screen ECB37, as applicable) screen page for cross currency rates, in each case with respect to such currency on the date specified in the definition of “Equivalent”, provided that if such service or screen page ceases to be available, the Administrative Agent shall use such other service or page quoting cross currency rates as the Administrative Agent determines in its reasonable discretion.
Agent’s Spot Rate of Exchange means the Facility Agent's spot rate of exchange for the purchase of the relevant currency in the London foreign exchange market with Sterling at or about 11.00 a.m. on a particular day.
Agent’s Spot Rate of Exchange means, for a currency, the rate determined by the Agent, the Swingline Agent or the Issuing Agent (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 (2) Business Days prior to the date as of which the foreign exchange computation is made; provided that the Agent, the Swingline Agent or the Issuing Agent may obtain such spot rate from another financial institution designated by the Agent, the Swingline Agent or the Issuing Agent 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 Issuing Agent 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 Optional Currency.
Agent’s Spot Rate of Exchange means the Agent's spot rate of exchange for the purchase of the relevant currency with US dollars in the Singapore foreign exchange market at or about 11.00 a.m. on a particular day.
Agent’s Spot Rate of Exchange has the meaning specified in Section 1.08(a).
Agent’s Spot Rate of Exchange the Agent's spot rate of exchange for the purchase of the relevant currency with sterling in the London foreign exchange market at or about 11.00 am on a particular day; ANNIVERSARY DATE: each anniversary of the Closing Date; APPLICABLE GAAP: