Class Currency definition

Class Currency means the currency in which a Share Class of a Fund is designated as determined by the Directors and disclosed in the Prospectus in relation to such Fund.

Class Currency means the currency in which Shares of a Class are issued;

Class Currency means the currency in which a Share class is designated;

Examples of Class Currency in a sentence

• Borrowings of more than one Class, Currency and Type may be outstanding at the same time.

• Each Syndicated Loan shall be made as part of a Borrowing consisting of Loans of the same Class, Currency and Type made by the applicable Lenders ratably in accordance with their respective Commitments of the applicable Class.

• F is the currency conversion factor determined by the Manager for the relevant Subscription Day of the New Class as representing the effective rate of exchange between the Class Currency of Units of the Existing Class and the Class Currency of Units of the New Class.

• A 100% hedge may not be a perfect hedge and there can be no assurance that the currency hedging employed will fully eliminate the currency exposure to the Class Currency.

• Each Loan shall be made as part of a Borrowing consisting of Loans of the same Class, Currency and Type made by the applicable Lenders ratably in accordance with their respective Commitments of the applicable Class.

More Definitions of Class Currency

Class Currency means the currency in which a Share class of a Fund is designated being Euro, unless otherwise determined by the Directors and disclosed in the Prospectus.

Class Currency means in respect of any Class of Shares the currency in which the Shares are issued;

Class Currency means, in relation to each Class in each Sub-Fund, the currency in

Class Currency means, in relation to each class of Share in a Fund, the currency in which the Shares of such class are designated as specified in the Supplement of the relevant Fund;

Class Currency means the currency of denomination of each Class in a Fund as

Class Currency means the currency in which each Class of Unit of each Sub-Fund is denominated;

Class Currency means, in relation to a class of Units, the base currency of the Sub-Fund relating thereto or such other currency of account as the Manager may specify for such class of Units in accordance with the Trust Deed.