Currency Translations. For purposes of determining compliance with this Indenture, the U.S. dollar equivalent of any amounts denominated in a foreign currency shall be calculated using the noon dollar buying rate in New York City for wire transfers of such currency as published by the Federal Reserve Bank of New York on the date of such foreign currency amount is received, incurred or paid. For other financial reporting purposes, currency translations will be performed in accordance with GAAP.
Appears in 5 contracts
Samples: Senior Guaranteed Convertible Notes Indenture (Impsat Fiber Networks Inc), Senior Guaranteed Convertible Notes Indenture (Impsat Fiber Networks Inc), Senior Notes Indenture (Impsat Fiber Networks Inc)
