Reference Exchange Rate definition

Reference Exchange Rate means the exchange rate which is used as the basis to calculate any currency exchange and which is made available by the payment service provider or comes from a publicly available source;

Reference Exchange Rate means, in respect of any one currency that is to be converted into another currency in accordance with the provisions of this agreement, the buying rate of such currency as of 12:00 noon on the relevant date notified by the State Bank of india, and in absence of such rate, the average of similar rates notified by Bank of India and Bank of Baroda.

Reference Exchange Rate means the reference exchange rate used as the basis for the calculation of any currency exchange that is available to the Bank as payment services provider or is subject to a source available to the public.

Examples of Reference Exchange Rate in a sentence

• The “Settlement Rate” for each Reference Currency is the Reference Exchange Rate on the Valuation Date, determined in accordance with the Settlement Rate Option (subject to the occurrence of a Disruption Event).

• If fewer than three Reference Banks provide spot quotations, then the Reference Exchange Rate, Settlement Rate or other rate, as applicable, will be calculated on the basis of the arithmetic mean of the applicable spot quotations received by the Calculation Agent at approximately 10:00 a.m., New York City time, on the relevant date from two Reference Banks (selected in the sole discretion of the Calculation Agent), for the purchase or sale for deposits in the Reference Currency.

• If no spot quotation is available, then the Reference Exchange Rate for such reference currency will be determined solely by the calculation agent in good faith and in a commercially reasonable manner.

• If no spot quotation is available, then the Reference Exchange Rate, Settlement Rate or other rate, as applicable, for such Reference Currency will be determined by the Calculation Agent in good faith and in a commercially reasonable manner.

• The exchange rate of [**] to [**] at the date of the last signature to this Agreement will be used as Reference Exchange Rate.

More Definitions of Reference Exchange Rate

Reference Exchange Rate means, in respect of any one currency that is to be converted into another currency in accordance with the provisions of this Agreement, the exchange rate as of 12.00 (twelve) noon on the relevant date quoted in Delhi by the Reserve Bank of India (RBI);

Reference Exchange Rate means the Bank of Canada closing rate as found on www.bankofcanada.ca/rates/exchange/.

Reference Exchange Rate means a publicly available rate used to convert one currency into another. The rate may be set by us or a third party.

Reference Exchange Rate means the US dollar/Canadian dollar closing spot rate determined at 4:00p.m. (Toronto time), or another US dollar/Canadian dollar exchange rate deemed appropriate by the Manager.

Reference Exchange Rate means, in respect of any one currency that is to be converted into another currency in accordance with the provisions of this Agreement, the exchange rate as of

Reference Exchange Rate means the exchange rate which is used as the basis to calculate any currency conversion cost and which is disclosed by the payment service provider or comes from a publicly available source;

Reference Exchange Rate means the exchange rate used to calculate any currency exchange, which made available by the Bank or which comes from publicly available sources;