Foreign Exchange Bank definition

Foreign Exchange Bank means any Person that, (i) at the time it enters into an agreement to provide foreign exchange services with the Borrower or any Subsidiary, is a Lender or an Affiliate of a Lender, or, (ii) in the case of an agreement to provide foreign exchange services with the Borrower or any Subsidiary executed prior to the Closing Date, was a Lender or an Affiliate of a Lender on the Closing Date, in any case in its capacity as a party to such an agreement to provide foreign exchange services.
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Foreign Exchange Bank means, as provided in Section 2.2(d) below, the bank authorized to carry out foreign exchange transactions in Brazil as the Seller may designate by written notice delivered to the Buyer at least five Business Days prior to the Closing Date, provided that, in case the Foreign Exchange Bank does not accept the designation by the Seller up to such date, the Foreign Exchange Bank shall be a bank authorized to carry out foreign exchange transactions freely selected by the Buyer among the banks having a previous working relationship with the Buyer or CEMIG.
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Foreign Exchange Bank means any Lender or any Affiliate thereof that is party to a Foreign Exchange Contract with a Loan Party.
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Examples of Foreign Exchange Bank in a sentence

  • Effective period Until August 28, 1999 Condition: N/A 1998 Confirmation by the Authorized Foreign Exchange Bank: On the basis of Korea Foreign Exchange Control Regulation, we as the authorized bank, hereto affix the seal of us in testimony of approval.

  • Each Foreign Exchange Bank agrees to furnish to the Administrative Agent promptly after the end of each month a report setting forth the amount of presettlement risk at the end of each month of each Borrower with which such Foreign Exchange Bank has entered into a Foreign Exchange Contract.

  • The Foreign Exchange Contract Exposure of the Borrowers to the Foreign Exchange Bank shall be secured pari passu with the other Obligations hereunder and under the Loan Documents.

  • The rights and obligations of the parties to the Foreign Exchange Contract shall be documented pursuant to the documentation customarily used by the Foreign Exchange Bank.

  • Each Foreign Exchange Bank agrees, on the terms and conditions hereinafter set forth and subject to Section 5.02(r), to enter into foreign exchange contracts with any Borrower from time to time at the request of such Borrower during the period from the date hereof to and including the Revolving Termination Date but only to the extent that the aggregate amount of Foreign Exchange Contract Exposure shall not exceed the maximum amount permitted by Section 5.02(r)(i) at such time.

  • Effective period Until August 28, 1998 Condition : N/A --------------------------------------------- 1998 Confirmation by the Authorized Foreign Exchange Bank On the basis of Korea Foreign Exchange Control Regulation, we as the authorized bank, hereto affix the seal of us in testimony of approval.

  • Effective period Until November 13, 1998 Condition : N/A 1998 Confirmation by the Authorized Foreign Exchange Bank: On the basis of Korea Foreign Exchange Control Regulation, we as the authorized bank, hereto affix the seal of us in testimony of approval.

  • In accordance with the Regulations for the Administration of Foreign Exchange Settlement, Sales and Payments and the Provisional Measures for the Administration of Foreign Exchange Bank Accounts, the Company shall be granted a FERC.


More Definitions of Foreign Exchange Bank

Foreign Exchange Bank means Boatmen's First National Bank of Kansas City (together with any successor by merger or consolidation) or any other Lender which provides a replacement foreign exchange line in an amount not greater than $500,000.
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Foreign Exchange Bank has the meaning specified in Section 3.2;
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Foreign Exchange Bank means a Bank acquired a letter of appointment from Bank Indonesia to conduct banking business in foreign currencies, including a branch office of a foreign bank in Indonesia, but not including an overseas branch office of a Bank headquartered in Indonesia.
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Related to Foreign Exchange Bank

  • Foreign Exchange (FX) means a service whereby calls either originated by or delivered to a customer who has purchased FX service from the state or interstate tariffs of either Party. FX also includes, but is not limited to, FX-like services provided by either Party where calls are originated from and/or delivered to numbers which are assigned to a Rate Center within one local calling area but where the Party receiving the call is physically located outside of that local calling area. FX service can be either interLATA or intraLATA. InterLATA FX, where the originating and receiving parties are physically located in different LATAs, is considered equivalent to FGA and the intercarrier compensation mechanism is the same as FGA. IntraLATA FX, when provided by two or more local exchange carriers “LECs”, is considered a jointly provided service and meet-point billed by those providing it utilizing a mutually agreed to meet-point billing, or meet-point billing like procedure.

  • Foreign Exchange (FX) or “FX-like” Service means a retail service offering which allows FX End Users to obtain Exchange Service from a mandatory local calling area other than the mandatory local calling area where the FX End User is physically located, but within the same LATA as the number that is assigned. FX Service enables particular End Users to avoid what might otherwise be toll calls between the FX End User’s physical location and other End Users in the foreign exchange.

  • Foreign Exchange Rate means, with respect to any currency other than United States dollars, as of any date of determination, the rate set forth in the exchange rate section of The Wall Street Journal or, if not published in The Wall Street Journal, then the average of the opening bid and asked rates on such date at which such currency may be exchanged for United States dollars as quoted by JPMorgan Chase Bank, National Association (or any successor thereto or other major money center commercial bank agreed to by the Parties).

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • foreign national means the following:

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Currency Exchange Protection Agreement means, in respect of a Person, any foreign exchange contract, currency swap agreement, currency option or other similar agreement or arrangement designed to protect such Person against fluctuations in currency exchange rates.

  • Cash Management Systems has the meaning ascribed to it in Section 1.8.

  • Cash Management System shall have the meaning assigned to such term in Section 9.01.

  • Cash Management Services means any cash management or related services including treasury, depository, return items, overdraft, controlled disbursement, merchant store value cards, e-payables services, electronic funds transfer, interstate depository network, automatic clearing house transfer (including the Automated Clearing House processing of electronic funds transfers through the direct Federal Reserve Fedline system) and other customary cash management arrangements.

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Exchange Administration Agreement means the exchange administration agreement dated as of the Closing Date between Freddie Mac and the Exchange Administrator.

  • DNB means the Dutch Central Bank (De Nederlandsche Bank N.V.).

  • foreign financial institution means an institution registered as a foreign financial institution with the Ministry of Finance in the Mexican Banking and Financial Institutions, Pensions, Retirement and Foreign Investment Funds Registry for purposes of Article 195, Section I of the Mexican Income Tax Law.

  • Academies Financial Handbook means the DfE’s financial handbook for Academies in force from time to time;

  • MasterCard means MasterCard International Incorporated.

  • Mizuho means Mizuho Bank, Ltd.

  • ACH Transactions means any cash management or related services including the automatic clearing house transfer of funds by the Bank for the account of any Borrower pursuant to agreement or overdrafts.

  • ISDA Master Agreement An ISDA Master Agreement (Multicurrency-Cross Border) in the form published by ISDA in 1992 including the schedule thereto.

  • Fortis means Fortis Inc.;

  • Treasury Services Agreement means any agreement between the Borrower or any Subsidiary and any Approved Counterparty relating to treasury, depository, credit card, debit card, stored value cards, purchasing or procurement cards and cash management services or automated clearinghouse transfer of funds or any similar services.

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

  • your financial institution means the financial institution nominated by you on the DDR at which the account is maintained.

  • DBSA means the Development Bank of Southern Africa Limited.

  • Raw agricultural commodity means any food in its raw or natural state including fruits that are washed, colored, or otherwise treated in their unpeeled natural form before marketing.