Base Currencies definition

Base Currencies means the currency in which your Account is denominated and in which we will debit and credit your Account;
Sample 1Sample 2Sample 3
Base Currencies means the currency in which your Account is denominated and in which we will debit and credit your Account; “Business Day” means any day other than a Saturday, Sunday on which we are open for trading in LFX and/or such other day or days as we may determine; “Client”, “You”, “Yourself” means the person(s) named in the Account Application Form to whom ZILLION will provide Services in relation to LFX trading; “Client Services Officer” means an employee of ZILLION who is authorised to receive, enter or execute client Orders and/or Transaction (as applicable); “Code of Conduct” means the Code of Conduct for Persons Licensed by or Registered with the Securities and Futures Commission;
Sample 1
Base Currencies means, collectively, Euro and Sterling, and each, a "Base Currency".
Sample 1

Examples of Base Currencies in a sentence

  • The Fund, however, values its securities and other assets in the Base Currencies.

  • The value of the Portfolios’ assets will fluctuate with Base Currencies exchange rates as well as the price changes of its investments in the various local markets and currencies.

  • Thus, an increase in the value of the Base Currencies compared to the other currencies in which the Fund makes its investments will reduce the effect of increases and magnify the effect of decreases in the prices of the Fund’s investment securities in their local markets.

  • Conversely, a decrease in the value of the Base Currencies will have the opposite effect on the Fund’s non-Base Currency investment securities.

  • The Investment Adviser may invest a significant portion of the Fund’s assets in currencies other than the Base Currencies of the Portfolios, or in instruments denominated in currencies other than the Base Currencies, the prices of which will be determined with reference to currencies other than the Base Currencies.

  • In order to conclude a Currency Swap, the Bank and the Client must agree on at least the following parameters of the Currency Swap: ▪ the Notional Amount; ▪ the Base Currency of the Notional Amount; ▪ the Quote Currency of the Notional Amount; ▪ the Exchange Rate; ▪ the Rate Type; ▪ the Swap Period(s); ▪ identification whether there will be only a Final Exchange or also an Initial Exchange; ▪ the Interest Periods; ▪ the Interest Rates for Base Currencies and Interest Rates for Quote Currencies.

  • On redemption of Foreign Exchange (FX) Rate-Linked Notes, Noteholders will receive an amount (if any) determined by reference to the value of one or more Subject Currencies against one or more Base Currencies.

  • You will be able to open your trading Account(s) in one of the Base Currencies offered by the Company.

  • Conversions are executed free of commission.In case of the conversion, the number of Units allotted in the new Class is determined by means of the following formula: (A x B x C)= N D where: A is the number of Units presented for conversion,B is the NAV per Unit in that Unit Class of which the Units are presented for conversion, on the day the conversion is executed,C is the conversion factor between the Base Currencies of the Unit Classes, as applicable, on the day of execution.

  • Swap Points are calculated based on the difference between the interest rates for the Non-Base and Base Currencies applicable to the period between the transaction conclusion date and the Settlement Date;30/ Transaction (25) – for the purposes of this Transaction Description: an FX Spot, FX Forward or FX Option Sale or FX Option Repurchase Transaction;31/ Transaction Amount (16) – an amount denominated in the Base or Non-Base Currency the purchase or sale of which is the object of the Transaction;2.


More Definitions of Base Currencies

Base Currencies means the currency in which your Account is denominated and in which we will debit and credit your Account; “Business Day” means any day other than a Saturday or Sunday on which we are open for business;
Sample 1

Related to Base Currencies

  • Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.

  • Alternative Currencies means any currency (other than Dollars) approved by the Administrative Agent and the applicable Issuing Bank.

  • Eligible Currency means any currency other than Dollars that is readily available, freely traded, in which deposits are customarily offered to banks in the London interbank market, convertible into Dollars in the international interbank market available to the Lenders in such market and as to which a Dollar Amount may be readily calculated. If, after the designation by the Lenders of any currency as an Agreed Currency, currency control or other exchange regulations are imposed in the country in which such currency is issued, or any other event occurs, in each case with the result that different types of such currency are introduced, such country’s currency is (i) in the determination of the Administrative Agent, no longer readily available or freely traded, or (ii) as to which, in the determination of the Administrative Agent, a Dollar Amount is not readily calculable a “Disqualifying Event”), then the Administrative Agent shall promptly notify the Lenders, the Domestic Borrowers and any applicable Foreign Borrower, and such country’s currency shall no longer be an Agreed Currency until such time as the Disqualifying Event(s) no longer exist, but in any event within five (5) Business Days of receipt of such notice from the Administrative Agent, the Domestic Borrowers or such applicable Foreign Borrower shall repay all Loans in such currency to which the Disqualifying Event applies or convert such Loans into the Dollar Amount of Loans in Dollars, subject to the other terms contained in Article II.

  • Foreign Currencies means Agreed Currencies other than Dollars.

  • Base Currency Amount means, in relation to a Loan, the amount specified in the Utilisation Request delivered by a Borrower for that Loan (or, if the amount requested is not denominated in the Base Currency, that amount converted into the Base Currency at the Agent’s Spot Rate of Exchange on the date which is three Business Days before the Utilisation Date or, if later, on the date the Agent receives the Utilisation Request) adjusted to reflect any repayment or prepayment of the Loan.

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars, Euros, Pound Sterling, Swiss Francs, Mexican Pesos, Australian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank with respect thereto in their sole discretion and (ii) with respect to any Loan, any currency other than Dollars that is approved in accordance with Section 1.05.

  • Applicable Currency means as to any particular payment or Loan, Dollars or the Alternative Currency in which such payment or Loan is denominated or is payable.

  • Alternative Currency means each of Euro, Sterling, Yen and each other currency (other than Dollars) that is approved in accordance with Section 1.07.

  • Committed Currencies means lawful currency of the United Kingdom of Great Britain and Northern Ireland, lawful currency of The Swiss Federation, lawful currency of Japan, Euro and any other currency requested by the applicable Borrower that can be provided by all Lenders.

  • Reference Currency means the currency specified as such in the applicable Final Terms.

  • Balance Currency means the currency that the trading account is denominated in and all charges including spreads, commissions and swaps, are calculated in that currency.

  • Available Currency means Dollars.

  • Agreed Currencies means (i) Dollars, (ii) euro, (iii) Pounds Sterling, (iv) Canadian Dollars and (v) any other Foreign Currency agreed to by the Administrative Agent and each of the Lenders.

  • Quote Currency means the second currency in the Currency Pair which can be bought or sold by the Client for the Base Currency.

  • Offshore Currency means any lawful currency (other than dollars) that the relevant Issuing Bank with respect to any Offshore Currency Letter of Credit, in its sole reasonable opinion, at any time determines to be (a) freely traded in the offshore interbank foreign exchange markets, (b) freely transferable and (c) freely convertible into dollars.

  • Domestic Currency means the currency specified as such and any successor currency. If no currency is so specified, the Domestic Currency shall be the lawful currency and any successor currency of (i) the relevant Reference Entity, if the Reference Entity is a Sovereign, or (ii) the jurisdiction in which the relevant Reference Entity is organised, if the Reference Entity is not a Sovereign. In no event shall Domestic Currency include any successor currency if such successor currency is the lawful currency of any of Canada, Japan, Switzerland, the United Kingdom or the United States of America or the euro (or any successor currency to any such currency).

  • Currencies means, collectively, Dollars and each Alternative Currency.

  • Canadian Dollar Equivalent of any amount which is expressed in United States Dollars means, on any date, the Canadian dollar equivalent of such amount determined by multiplying such amount by the U.S. - Canadian Exchange Rate in effect on such date;

  • Canadian Dollars means the lawful currency of Canada.

  • Foreign Currency LC Exposure means, at any time, the sum of (a) the Dollar Amount of the aggregate undrawn and unexpired amount of all outstanding Foreign Currency Letters of Credit at such time plus (b) the aggregate principal Dollar Amount of all LC Disbursements in respect of Foreign Currency Letters of Credit that have not yet been reimbursed at such time.

  • Issue Currency or "SEK" means Swedish Krona. "Launch Date" means 04 March 2022.

  • Alternative Currency Sublimit means an amount equal to the lesser of the Aggregate Revolving Commitments and $200,000,000. The Alternative Currency Sublimit is part of, and not in addition to, the Aggregate Revolving Commitments.

  • freely usable currency means freely usable currency as defined under the Articles of Agreement of the International Monetary Fund.

  • Canadian Dollar means the lawful currency of Canada.

  • Alternative Currency Daily Rate means, for any day, with respect to any Credit Extension: