Australian Dollar Equivalent definition

Australian Dollar Equivalent means with respect to any monetary amount in a currency other than Australian dollars, at any time for determination thereof, the amount of Australian dollars obtained by converting such foreign currency involved in such computation into Australian dollars at the exchange rate for the purchase of Australian dollars with the applicable foreign currency as published by the Reserve Bank of Australia for the date that is two Business Days prior to such determination.

Australian Dollar Equivalent means, on any date of determination, with respect to any amount in U.S. dollars, the equivalent in Australian dollars of such amount, determined by the Administrative Agent using the Exchange Rate then in effect.

Australian Dollar Equivalent means the principal amount of Notes specified by the Company in a Request for Purchase (expressed in Dollars), converted into Australian Dollars at the rate of exchange determined by Prudential at the time the Company accepts the relevant Quotation pursuant to Section 3.2(e).

Examples of Australian Dollar Equivalent in a sentence

• Australian Dollar Equivalent means, in relation to any amount in a currency other than Australian dollars, that amount converted into Australian dollars at the spot rate of exchange for that currency as listed on the Reserve Bank of Australia website on, where the date on which the determination of that amount is required to be made: (a) is a Business Day, that date; or (b) is not a Business Day, the immediately preceding Business Day.

• Australian Dollar Equivalent means for an amount denominated in an Alternate Currency, the Australian Dollar Equivalent of that amount determined on the basis of the spot rate of exchange for the sale of Australian Dollars against the purchase of the relevant Alternate Currency in the Sydney foreign exchange market quoted by any leading bank selected by the Issuer on the relevant calculation date.

• In order to help ensure that any further issue of Covered Bonds under the Programme does not adversely affect the existing Covered Bondholders, the Issuer (as Intercompany Loan Provider) will be obliged to fund an Intercompany Loan Advance in an amount equal to either (i) the aggregate Principal Amount Outstanding of such further issue of Covered Bonds; or (ii) the Australian Dollar Equivalent of the aggregate Principal Amount Outstanding of such further issue of Covered Bonds, and for a matching term.

• This is the Australian Dollar Equivalent of USD forward exchange contracts totalling US$159,500,000, which include: forward contracts of US$121,000,000 and option contracts of US$38,500,000 (being the Higher Amount given the current USD spot rate is above the exercise price of each of the option contracts at 28 June 2020).The portion of the gain or loss on the hedging instrument that is determined to be an effective hedge is recognised in other comprehensive income.

• Gross Revenue means the gross proceeds actually received by the Payer (or any Related Entity)or applied to its benefit, in Australian dollars, or in Australian Dollar Equivalent, from the sale or other disposal of Products or in relation to the Products, including the proceeds received from an insurer in the case of loss of, or damage to, the Products (net of any excess paid in respect of that loss or damage), less any applicable Penalties, refunds, claims or discounts.

More Definitions of Australian Dollar Equivalent

Australian Dollar Equivalent. At any time, (a) with respect to any amount denominated in Australian Dollars, such amount, and (b) with respect to any amount denominated in any currency other than Australian Dollars, the equivalent amount thereof in Australian Dollars as determined by the Applicable Agent or the Issuing Lender, as the case may be, at such time on the basis of the Spot Rate (determined in respect of the most recent Revaluation Date) for the purchase of Australian Dollars with such other currency.

Australian Dollar Equivalent means the amount in Australian dollars of the applicable Canadian dollar amount on the basis of the noon Canadian to Australian dollar exchange rate on the date that is three business days immediately preceding the Effective Date as reported by the Reserve Bank of Australia;

Australian Dollar Equivalent means with respect to any monetary amount in a currency other than Australian dollars, at any time for determination thereof, the amount of Australian dollars obtained by converting such foreign currency involved in such computation into Australian dollars at the spot rate for the purchase of Australian dollars with the applicable foreign currency as published on Reuters Page RBA26 on the date two Business Days prior to such determination.

Australian Dollar Equivalent means, at any time in respect of any amount denominated other than in Australian Dollars, the amount of Australian Dollars determined by the Agent by translating that amount of currency into Australian Dollars using the spot rate of exchange which the Agent determines to be the rate of exchange which it could, on that day, buy Australian Dollars with that other currency in the ordinary course of business;

Australian Dollar Equivalent means, on any date of determination, with respect to any amount in U.S. dollars, the equivalent in Australian dollars of such amount, determined by the Administrative Agent using the Exchange Rate then in effect. “Australian dollars”, “AUD” and “AUD$” shall mean the lawful money of the Commonwealth of Australia. “Australian GST” shall have the meaning given in A New Tax System (Goods and Services Tax) Xxx 0000 (Cth). “Australian GST Liability” shall have the meaning assigned to such term in Section 2.19(j). “Australian Guarantee Agreement” shall mean a Deed of Guarantee and Indemnity, substantially in the form of Exhibit C-1, in favor of the Australian Collateral Agent, for the benefit of the Secured Parties. “Australian L/C Exposure” shall mean at any time the sum of (a) the aggregate undrawn amount of all outstanding Australian Letters of Credit at such time plus (b) the aggregate principal amount of all L/C Disbursements in respect of Australian Letters of Credit that have not yet been reimbursed at such time. The Australian L/C Exposure of any Australian Lender at any time shall mean its Australian Revolving Pro Rata Percentage of the aggregate Australian L/C Exposure at such time. “Australian L/C Participation Fee” shall have the meaning assigned to such term in Section 2.05(c). “Australian Lenders” shall mean Lenders having Australian Revolving Commitments, outstanding Australian Revolving Credit Loans or participations in Australian Letters of Credit pursuant to Section 2.21(d). “Australian Loan Parties” shall mean the Australian Borrower and the Australian Subsidiary Guarantors. “Australian Revolving Borrowing” shall mean a group of Australian Revolving Credit Loans of a single Type made, converted or continued by the Australian Lenders on a single date and as to which a single Interest Period is in effect. “Australian Revolving Commitment” shall mean, with respect to each Australian Lender, the commitment of such Australian Lender to (a) make Australian Revolving Credit Loans hereunder and (b) purchase participations in the Australian L/C Exposure, in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Australian Revolving Commitment”, or in the Assignment and Acceptance or Lender Joinder Agreement pursuant to which such Australian Lender assumed its Australian Revolving Commitment, as applicable, as the same may be (i) increased from time to time pursuant to Section 2.25...

Australian Dollar Equivalent shall have the meaning assigned to that term in Section 1.04.

Australian Dollar Equivalent means the amount in Australian dollars of the applicable Canadian dollar amount on the basis of the noon Canadian to Australian dollar exchange rate on the date that is three Business Days immediately preceding the Effective Date as reported by the Reserve Bank of Australia.