Foreign Currencies. Investments may be made from time to time in assets denominated in currencies other than the base currency of your portfolio. In this case, movements in currency rates of exchange can have an unfavourable as well as favourable effect on the value of your portfolio. You may instruct us to utilise hedging powers in respect of your portfolio for the purpose of mitigating the risk of fluctuations in foreign exchange rates.
Foreign Currencies. Notwithstanding anything to the contrary in this Agreement, for purposes of any determination under Article VI, Article VII (other than Section 7.09 or any financial ratio) or Article VIII with respect to the amount of any Debt, Liens, Affiliate transaction or other transaction, event or circumstance, or any determination under any other provision of this Agreement, (any of the foregoing, a “specified transaction”) in a currency other than Dollars, (i) the Dollar equivalent amount of a specified transaction in a currency other than Dollars shall be calculated based on the rate of exchange quoted by the Bloomberg Foreign Exchange Rates & World Currencies Page (or any successor page thereto, or in the event such rate does not appear on any Bloomberg Page, by reference to such other publicly available service for displaying exchange rates as may be agreed upon by the Administrative Agent and the Borrowers) for such currency, as in effect at 11:00 a.m. (New York time) on the date of such specified transaction; provided, that if any Debt is incurred (and, if applicable, associated Lien granted) to refinance or replace other Debt denominated in a currency other than Dollar, and such refinancing or replacement would cause the applicable Dollar-denominated restriction to be exceeded if calculated at the relevant currency exchange rate in effect on the date of such refinancing or replacement, such Dollar-denominated restriction shall be deemed not to have been exceeded so long as the principal amount of such refinancing or replacement Debt (and, if applicable, associated Lien granted) does not exceed an amount sufficient to repay the principal amount of such Debt being refinanced or replaced, except by an amount equal to unpaid accrued interest and premiums (including tender premiums) thereon plus other reasonable and customary fees and expenses (including upfront fees and original issue discount) incurred in connection with such refinancing or replacement, and (ii) for the avoidance of doubt, no Default or Event of Default shall be deemed to have occurred solely as a result of a change in the rates of currency exchange occurring after the time of any specified transaction so long as such specified transaction was permitted at the time incurred, made, acquired, committed, entered or declared as set forth in clause (i). For purposes of Section 7.09 and the calculation of compliance with any financial ratio or test for purposes of taking any action hereunder, on any ...
Foreign Currencies. If a card is used in connection with a transaction in foreign currency, the member acknowledges that the rate of conversion into Canadian currency will be fixed according to the rules of the electronic network through which the transaction is conducted.
Foreign Currencies. All financial data provided to, processed by, and reported by the Company under this Agreement shall be stated in United States dollars or currency. The Company shall have no obligation to convert to, equate, or deal in foreign currencies or values, and expressly assumes no liability for any currency conversion or equation computations relating to the affairs of the Fund.
Foreign Currencies. Exchange rate fluctuations for international payments are constant and unavoidable. All refunds are processed in XX Xxxxx and will reflect the exchange rate in effect on the date of the refund. All refunds are subject to this fluctuation and Strat Hostess is not responsible for any change in exchange rates between the time of payment and the time of refund.
Foreign Currencies. Unless otherwise stated, all dollars specified in this Agreement and the Collateral Agreements shall be in U.S. dollars. All foreign currency shall be converted to U.S. dollar equivalents determined on the basis of the exchange rates published in The Wall Street Journal on the date three (3) days prior to the relevant Closing (or, if The Wall Street Journal is not published on such date, the next preceding date on which it is published).
Foreign Currencies. At any time prior to the Revolving Loan Termination Date, each Lender severally agrees, on terms and conditions to be set forth in an amendment to this Agreement, to make revolving loans to the Borrower in one or more foreign currencies in amounts not to exceed in the aggregate at any one time outstanding the equivalent amount of $50,000,000. Following such request, the Borrower, Agent and Lenders shall negotiate an amendment to this Agreement specifying (i) the applicable currency or currencies, (ii) setting forth the applicable interest rates, maturity dates and repayment and prepayment terms, (iii) providing for the calculation of all financial covenants and other monetary limitations in equivalent United States Dollars, and (iv) setting forth such other provisions as the Agent and the Required Lenders shall require.
Foreign Currencies. No restriction will be imposed on importation by the Contractor of the funds intended for the performance of the Petroleum Operations. The flow of incoming and outgoing funds (investment and dividends) shall comply with the laws of Suriname, including with the country’s monetary authorities.
Foreign Currencies. You can buy and sell foreign currencies with us or using our products in a number of ways. Depending upon how you buy or sell foreign currencies, the HSBC exchange rate will comprise any of the following: Transact in branch The real time exchange rate1. Use our online banking service The real time exchange rate1. Use our Markets Desk The real time exchange rate1. Use your Visa Debit card linked to an Everyday Global Account The HSBC daily rate, if there is an insufficient balance of the foreign currency in your account. The Visa exchange rate, if the currency is not a currency we offer on the Everyday Global Account (such as THB), or the currency is a restricted currency (such as CNY). We’ll deduct the amount from the AUD control account. Use your Visa Debit card with other accounts The Visa exchange rate. Use your Visa credit card The Visa exchange rate. Use your Mastercard credit card The amount will be first converted into US Dollars, and then to AUD using the Mastercard exchange rate. Make a transaction that’s rejected (e.g. a telegraphic transfer) The real time exchange rate that applies when we process the payment back to your account. Receive a foreign currency electronic payment and don’t have an account in that foreign currency The real time exchange rate that applies when we process the payment into your account. Where you instruct us to make a payment at a future date or where you pay a third party after currency cut-off times The HSBC daily rate. Deposit or write a foreign currency cheque/draft into an account of a different currency The HSBC daily rate, if the foreign currency cheque/draft amount is equivalent to $50,000 or less. The real time exchange rate, if the foreign currency cheque/draft is equivalent to more than $50,000. Where you use a foreign currency for anything else other than what’s mentioned above The HSBC daily rate.
1. The real time exchange rate won’t apply and the HSBC daily rate will apply when we process the payment if: (a) you instruct us to make a transaction at a future date; or (b) if you’re paying another person and it’s not a working day or if it’s a weekend or public holiday in the US or country of the currency; or (c) if you’re paying another person on a working day after the currency cut-off time. The HSBC daily rate is the rate advertised in our branches and is set once daily. It can be higher, lower or the same as the real time exchange rate. The real time exchange rate is the exchange rate in the market a few ...
Foreign Currencies. I. In opening an account in any lawful currency, other than the Singapore Dollar, acceptable to the Bank at its discretion (each such other currency hereinafter referred to as an “acceptable currency”) or in accepting a deposit in an acceptable currency in an account, the Bank is entitled to credit the relevant account with the original currency of denomination remitted to, or deposited in, that account by the Customer and the Customer shall be responsible for any interest, difference in currency conversion and/ or other charges stipulated by the Bank.
II. The Bank shall not be liable for the unavailability of funds in an acceptable currency held or deposited in an account or for any losses, delay or failure to perform any obligations or exercise any right arising from or in connection with the occurrence of any events whatsoever which restricts or controls the availability, convertibility or transfer of any funds of the customer or any other person, whether before, on or after maturity and whether in Singapore or in the country of origin of that acceptable currency of such funds or elsewhere and in the event of such unavailability of funds, the Bank may in its discretion discharge its obligations with respect to such funds by paying the Customer or to its order such funds at any time (whether before, on or after maturity), in any currency (whether in that acceptable currency or in any other currency, including Singapore Dollars), at any rate and in any manner (whether by way of draft or cash or by applying such funds towards satisfaction of any of the Customer’s obligations or the obligations of any person to the Bank), in each case as the Bank may determine in its discretion, and the Customer agrees that any such payment or application of such funds shall constitute good and valid discharge of the Bank’s obligations to the Customer with respect to such funds in such acceptable currency.
