Examples of Base Currency in a sentence
For the purposes of any calculation hereunder, we may convert amounts denominated in any other currency into the Base Currency at such rate prevailing at the time of the calculation as we shall reasonably select.
The Liquidation Amount shall be paid in the Base Currency by the close of business on the Business Day following the completion of the termination and liquidation under this clause (converted as required by applicable law into any other currency, any costs of such conversion to be borne by you, and (if applicable) deducted from any payment to you).
Base Currency shall mean the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.
For example in respect of Currency Pairs: buying the Base Currency against the Quote Currency.
Where the relevant primary currency of the Financial Instrument is different to your Base Currency, all calculations of deductions and credits will be undertaken in the Financial Instrument’s primary currency and converted into your Base Currency at the current currency conversion rate.