Foreign Currency Risk Sample Clauses

Foreign Currency Risk. Foreign currency risk is defined as the exposure to loss due to fluctuations in foreign exchange rates. Foreign currency exchange rates are generally affected by a multitude of complex factors, such as the relative strength of the economies of various nations, changes in foreign and domestic interest rates, changes in trade policies, government and central bank interventions and political developments. The Company’s investments may include foreign securities or other investments denominated in non-U.S. currencies. In addition, the Company may receive revenues or incur liabilities from outside of the United States. Consequently, fluctuations in currency rates can affect the Company. In that regard, the Company may use derivative transactions to hedge foreign currency exposure risk. To the extent the Company engages in more sophisticated derivative strategies with respect to foreign currencies, the Board must approve all strategies and testing as part of the risk management process discussed herein.
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Foreign Currency Risk. Investing in securities that are priced in foreign currencies involves foreign currency risk. Securities that are priced in foreign currencies can lose value when the Pound rises against the foreign currency. As well, foreign governments may impose currency exchange restrictions, which could limit the ability to buy and sell certain foreign investments and could reduce the value of the foreign securities that are held by investors.
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Foreign Currency Risk. The Fund may invest in companies whose securities are denominated or quoted in currencies other than U.S. dollars or have significant operations or markets outside of the United States. In such instances, the Fund will be exposed to currency risk, including the risk of fluctuations in the exchange rate between U.S. dollars (in which the Fund’s shares are denominated and the distributions are paid by the Fund) and such foreign currencies. Therefore, to the extent the Fund does not hedge its foreign currency risk or the xxxxxx are ineffective, the value of the Fund’s assets and income could be adversely affected by currency rate movements.
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Foreign Currency Risk. Client agrees that in the event that Client directs GS to enter into any transaction denominated in a foreign currency: (i) any profit or loss arising from a fluctuation in the exchange rate affecting such currency will be entirely for Client's Account and risk,
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Foreign Currency Risk. The Group’s exposure to foreign currency risk arises mainly from purchasing the program right that is denominated in foreign currencies. The Group seek to reduce this risk by entering into forward exchange contracts when it considers appropriate. Generally, the forward contracts mature within one year. As at March 31, 2021 and December 31, 2020, the balances of financial assets and liabilities denominated in foreign currencies are summarised below. Foreign currency Financial assets Financial liabilities Average exchange rate As at March 31, 2021 As at December 31, 2020 As at March 31, 2021 As at December 31, 2020 As at March 31, 2021 As at December 31, 2020 (Million)‌ (Million) (Million) (Million) (Baht per 1 foreign currency unit)‌ US dollar 25.79 22.87 6.34 2.65 31.34 30.04 As at March 31, 2021 and December 31, 2020, foreign exchange contracts outstanding are summarised below. Contractual exchange rate ‌‌ Foreign currency Bought amount Sold amount Bought amount Sold amount Contractual maturity date (Million) (Million) (Baht per 1 foreign currency unit) US dollar 0.98 2.50 30.43 - 31.27 30.12 - 31.01 April 8, 2021 - November 15, 2021 Contractual exchange rate ‌‌‌ Foreign currency Bought amount Sold amount Bought amount Sold amount Contractual maturity date (Million) (Million) (Baht per 1 foreign currency unit) US dollar 1.30 0.73 30.43 - 31.27 30.07 - 30.18 January 21, 2021 - November 15, 2021
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Foreign Currency Risk. The Group’s exposure to foreign currency risk arises mainly from purchasing the program right that is denominated in foreign currencies. The Group seek to reduce this risk by entering into forward exchange contracts when it considers appropriate. Generally, the forward contracts mature within one year. As at June 30, 2021 and December 31, 2020, the balances of financial assets and liabilities denominated in foreign currencies are summarised below. Foreign currency Financial assets Financial liabilities Average exchange rate As at June 30, 2021 As at December 31, 2020 As at June 30, 2021 As at December 31, 2020 As at June 30, 2021 As at December 31, 2020 (Million)‌ (Million) (Million) (Million) (Baht per 1 foreign currency unit)‌ US dollar 28.15 22.87 7.05 2.65 32.05 30.04 As at June 30, 2021 and December 31, 2020, foreign exchange contracts outstanding are summarised below. As at June 30, 2021 Contractual exchange rate ‌‌ Foreign currency Bought amount Sold amount Bought amount Sold amount Contractual maturity date (Million) (Million) (Baht per 1 foreign currency unit) As at December 31, 2020‌ Contractual exchange rate ‌‌ Foreign currency Bought amount Sold amount Bought amount Sold amount Contractual maturity date (Million) (Million) (Baht per 1 foreign currency unit) Since the majority of the Group’s financial instruments are short-term in nature or carrying interest at rates close to market interest rates, their fair value is not expected to be materially different from the amounts presented in statement of financial position. A fair value is the amount for which an asset can be exchanged or a liability settled between knowledgeable, willing parties in an arm’s length transaction. The fair value is determined by reference to the market price of the financial instruments or by using an appropriate valuation technique, depending on the nature of the instrument.
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Foreign Currency Risk. Client agrees that in the event that Client directs Broker to enter into any transaction denominated in a foreign currency: (i) any profit or loss arising from a fluctuation in the exchange rate affecting such currency will be entirely for Client's Account and risk, (ii) all initial and subsequent deposits for margin purposes shall be made in U.S. Dollars, in such amounts as Clearing Firm may, in its sole discretion, require, and (iii) Clearing Firm is authorized to convert funds in Client's Account into and from such foreign currency at a rate of exchange determined by Clearing Firm, in its sole discretion, on the basis of then prevailing money markets, and Client will reimburse Clearing Firm for any expenses incurred in connection therewith.
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Foreign Currency Risk. The Seller and the Exchange Agent will take prudent steps to manage any foreign currency risks arising in connection with the transactions contemplated by this Agreement.
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Foreign Currency Risk. Client agrees that in the event that Client directs GS to enter into any transaction denominated in a foreign currency: (i) any profit or loss arising from a fluctuation in the exchange rate affecting such currency will be entirely for Client's Account and risk, (ii) all initial and subsequent deposits for margin purposes shall be made in U.S. Dollars, in such amounts as GS may, in its sole discretion, require, and (iii) GS is authorized, upon Client's prior consent, to convert funds in Client's Account into and from such foreign currency at a rate of exchange determined by GS, in its sole discretion, on the basis of then prevailing money markets, and Client will reimburse GS for any expenses incurred in connection therewith.
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Related to Foreign Currency Risk

  • Foreign Currency The term “

  • Foreign Currency Transactions If the Depositor provides instructions to the Financial Institution on an Account that is denominated in a currency other than the currency of the Account, a conversion of currency may be required. In all such Transactions and at any time a conversion of currency is made, the Financial Institution may act as principal with the Depositor in converting the currency at rates established or determined by the Financial Institution, affiliated parties, or parties with whom the Financial Institution contracts. The Financial Institution, its affiliates, and contractors may earn revenue and commissions, in addition to applicable service charges, based on the difference between the applicable bid and ask rates for the currency and the rate at which the rate is offset in the market.

  • Foreign Currency Exchange Unless the Depositor shall otherwise direct, whenever funds are received by the Trustee in foreign currency, upon the receipt thereof or, if such funds are to be received in respect of a sale of Securities, concurrently with the contract of the sale for the Security (in the latter case the foreign exchange contract to have a settlement date coincident with the relevant contract of sale for the Security), the Trustee shall enter into a foreign exchange contract for the conversion of such funds to U.S. dollars pursuant to the instruction of the Depositor. The Trustee shall have no liability for any loss or depreciation resulting from action taken pursuant to such instruction." BB. Article IV of the Standard Terms and Conditions of Trust is hereby replaced with the following:

  • Currency Fluctuations If on any Computation Date the Revolving Facility Usage is equal to or greater than the Revolving Credit Commitments as a result of a change in exchange rates between one (1) or more Optional Currencies and Dollars, then the Administrative Agent shall notify the Borrower of the same. The Borrower shall pay or prepay (subject to Borrower’s indemnity obligations under Sections 5.8 [Increased Costs] and 5.10 [Indemnity]) within one (1) Business Day after receiving such notice such that the Revolving Facility Usage shall not exceed the aggregate Revolving Credit Commitments after giving effect to such payments or prepayments

  • Currencies 46.1 All payments shall be made in Indian Rupees.

  • Currency All sums of money which are referred to in this Agreement are expressed in lawful money of Canada, unless otherwise specified.

  • Optional Currencies 25 8. Repayment....................................................... 29 9.

  • Alternative Currencies (a) The Borrower may from time to time request that LIBO Rate Revolving Loans be made and/or Letters of Credit be issued in a currency other than Dollars; provided that such requested currency is a lawful currency (other than Dollars) that is readily available and freely transferable and convertible into Dollars. In the case of any such request with respect to the making of LIBO Rate Revolving Loans, such request shall be subject to the approval of the Revolving Lenders of the applicable Class that will provide such Loans, and in the case of any such request with respect to the issuance of Letters of Credit, such request shall be subject to the approval of the applicable Issuing Banks, in each case as set forth in Section 9.02(b)(ii)(E). (b) Any such request shall be made to the Administrative Agent not later than 11:00 a.m., ten Business Days prior to the requested date of the making of such Revolving Loan or issuance of such Letter of Credit (or such other time or date as may be agreed by the Administrative Agent and, in the case of any such request pertaining to Letters of Credit, the applicable Issuing Banks, in its or their sole discretion). In the case of any such request pertaining to LIBO Rate Revolving Loans, the Administrative Agent shall promptly notify each Revolving Lender thereof; and in the case of any such request pertaining to Letters of Credit, the Administrative Agent shall promptly notify the applicable Issuings Bank thereof. Each applicable Revolving Lender (in the case of any such request pertaining to LIBO Rate Revolving Loans) or each applicable Issuing Bank (in the case of a request pertaining to Letters of Credit) shall notify the Administrative Agent, not later than 11:00 a.m., five Business Days after receipt of such request whether it consents, in its sole discretion, to the making of LIBO Rate Revolving Loans or the issuance of Letters of Credit, as the case may be, in such requested currency. (c) Any failure by a Revolving Lender or Issuing Bank, as the case may be, to respond to such request within the time period specified in the preceding paragraph shall be deemed to be a refusal by such Revolving Lender or Issuing Bank, as the case may be, to permit LIBO Rate Revolving Loans to be made or Letters of Credit to be issued in such requested currency. If the Administrative Agent and all the applicable Revolving Lenders consent to making LIBO Rate Revolving Loans or issuance of Letters of Credit in such requested currency, the Administrative Agent shall so notify the Borrower and the Borrower and the Revolving Lenders shall amend this Agreement and the other Loan Documents as necessary to accommodate such Borrowings and/or Letters of Credit (as applicable), in accordance with Section 9.02(b)(ii)(E). If the Administrative Agent shall fail to obtain consent to any request for an additional currency under this Section 1.10, the Administrative Agent shall promptly so notify the Borrower.

  • Base Currency 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.

  • Currency; Denominations Unless otherwise provided in or pursuant to this Indenture, the principal of, any premium and interest on and any Additional Amounts with respect to the Securities shall be payable in Dollars. Unless otherwise provided in or pursuant to this Indenture, Registered Securities denominated in Dollars shall be issuable in registered form without Coupons in denominations of $1,000 and any integral multiple thereof, and the Bearer Securities denominated in Dollars shall be issuable in the denomination of $5,000. Securities not denominated in Dollars shall be issuable in such denominations as are established with respect to such Securities in or pursuant to this Indenture.

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