Currency Conversion Rate means the spot rate at which in accordance with normal banking procedures the currency or currency unit into which an amount due hereunder or under any Security or Coupon is to be converted could be purchased with the currency or currency unit due hereunder or under any Security or Coupon from major banks located in New York, London or any other principal market for such purchased currency or currency unit.
Currency Conversion Rate has the meaning specified in Section 7.15.
Currency Conversion Rate means the CDS Conversion Rate (CCR) as defined under Procedure
Examples of Currency Conversion Rate in a sentence
The amount to be distributed by the Account Bank under the direction of the Brazilian Collateral Agent to the USD Payment Account and amounts distributable by the Brazilian Collateral Agent in respect of the AerCap Secured Obligations will first be converted into U.S. dollars at the Currency Conversion Rate.
The amount to be distributed by the Account Bank to the USD Collateral Account will first be converted into U.S. dollars at the Currency Conversion Rate.
More Definitions of Currency Conversion Rate
Currency Conversion Rate means the relevant exchange rate between the relevant currency of origin and U.S. Dollars as reported by The Wall Street Journal (New York Edition) on the date of the relevant invoice.
Currency Conversion Rate means the prescribed rate of Multicurrency card currency exchange at which one currency wallet shall be converted to another currency wallet.
Currency Conversion Rate means, on any date of determination, the U.S. dollar/Canadian dollar exchange rate published by the Bank of Canada as the daily average exchange rate on such date of determination or, if not published on such date of determination, as determined in good faith by the Company in a commercially reasonable manner.
Currency Conversion Rate. See Section 6.13.
Currency Conversion Rate. ’ means the prescribed rate of currency exchange at which one Wallet Currency shall be converted to another Wallet Currency.
Currency Conversion Rate means the PTAX Rate on (a) for purposes of the Payment Waterfalls, each Allocation Date, and (b) for purposes of the Post-Default Waterfalls, the date that is two Business Days before the applicable Post-Default Distribution Date.
Currency Conversion Rate means on any given day the average currency conversion rate quoted by the Bank of America in London as the price for Pounds Sterling purchased with U.S. Dollars. The Company agrees not to cause the nominal value of the Ordinary Shares to exceed an amount in U.K currency that is the equivalent of $0.05 (based on the Currency Conversion Rate in effect on the date of this Agreement).