Closing Exchange Rate definition

Closing Exchange Rate means the CAD/USD exchange rate as of 5:00PM (Toronto time) on the date which is one (1) Business Day prior to the Closing Date (or such earlier date as is required by a Governmental Authority or mutually agreed by the Company and AQY) using the mid-rate from the “BFIX” screen of Bloomberg (and if such rate or screen is not available, Company and AQY shall agree on a replacement data source, each acting reasonably);

Closing Exchange Rate means the CAD/USD exchange rate as of 5:00PM (Toronto Time) on the date which is one (1) Business Day prior to the Closing Date (or such earlier date as is required by a Governmental Authority or mutually agreed by Sagicor and Alignvest) using the mid-rate from the “BFIX” screen of Bloomberg (and if such rate or screen is not available, Sagicor and Alignvest shall agree on a replacement data source, each acting reasonably).

Closing Exchange Rate means the “basic exchange rate” effective for the Closing Date published by the Seoul Money Brokerage Service.

Examples of Closing Exchange Rate in a sentence

• All references to “dollars” or “$” will be deemed references to the lawful money of the United States of America, all references to “KRW” will be deemed references to the lawful money of the Republic of Korea, and any amounts denominated in currency other than the lawful money of the United States of America on any date of determination shall be deemed to be the equivalent in dollars of such currency determined by using the Closing Exchange Rate.

• If the Cash on Hand of the Group Companies as of the Cash Measurement Date is less than KRW32,795,925,297, then the Trailblazer Cash Amount to be paid pursuant to Section 1.3 shall be decreased dollar-for-dollar (calculated based on the Closing Exchange Rate) by the amount of such shortfall (the “Cash Shortfall”), provided that there shall be no corresponding increase to the Trailblazer Cash Amount in the event that the Cash on Hand is greater than KRW32,795,925,297.

More Definitions of Closing Exchange Rate

Closing Exchange Rate means the rate of exchange for the conversion of US dollars into Canadian dollars that is available to the Trust or the Partnership on the Offering Closing Date (or, if there is more than one closing of the Offering, the date of each closing of the Offering) pursuant to the binding agreement to be entered into on a date proximally preceding the Offering Closing Date (or, if there is more than one closing of the Offering, a date proximally preceding the date of the initial closing of the Offering) by the Trust, the Partnership or Greybrook Realty (acting in its own capacity and not as the administrator of the Trust) and its primary bank or financial institution or another reputable financial institution or intermediary that is selected by the Trustee, the Administrator, the General Partner or Greybrook Realty (acting in its own capacity), acting in good faith and in a commercially reasonable manner;

Closing Exchange Rate means the actual US$:HK$ cross rate of exchange at which CVC Capital Contribution Amount is converted to HK$ for purposes of paying the cash consideration under the Scheme and the RSU Proposal, which shall be notified by or on behalf of CVC Holdco to the Principals as soon as reasonably practicable following such conversion.

Closing Exchange Rate means the following exchange rates for:

Closing Exchange Rate means the Exchange Rate as of the Closing Date or the first subsequent date on which an Exchange Rate is available;

Closing Exchange Rate has the meaning in Section 2.1(b)(ii)(B).

Closing Exchange Rate means the average of the US$/A$ bid and offer rates as displayed on the Reuters Monitor System at or about 11.00 am (Los Angeles time) on the date which is the Business Day (in Los Angeles) immediately preceding the Closing Date in response to the query “AUD=” (or any replacement or substitution for that display) (expressed to the same number of decimal places as the Reference Exchange Rate).

Closing Exchange Rate means the following exchange rate for (a) exchanging respectively, USD for EUR, and EUR for USD: EUR: 1.0 = USD 1.3663 and (b) exchanging, respectively, GBP for EUR, and EUR for GBP: EUR 1.0 = GBP 0.6708.