Alternative Payment Currency definition

Alternative Payment Currency means U.S. dollars, Pound sterling or Swiss francs or, if for reasons beyond its control the Russian Federation is unable to make payments of principal or interest (in whole or in part) in respect of the Bonds in any of these currencies, Russian roubles.
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Alternative Payment Currency means the currency, which may be Offshore RMB, specified as such in the relevant Final Terms;
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Alternative Payment Currency means Euros, Pound sterling or Swiss francs, as selected by the Russian Federation.
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Examples of Alternative Payment Currency in a sentence

  • Payment of Alternative Payment Currency Equivalent:Not Applicable25.

  • In the case of a payment of an Alternative Payment Currency Equivalent denominated in Swiss francs, a "business day" will only occur on a day on which commercial banks are open for business in Zurich.

  • In the case of an Alternative Payment Currency Event, payment of the Alternative Payment Currency Equivalent of the relevant principal or interest in respect of the Bonds shall be made by transfer to the applicable Alternative Payment Currency account of the relevant Bondholder, provided that such Bondholder has provided details of its Alternative Payment Currency account for receipt of such payments.

  • If an Alternative Payment Currency Event occurs, the Issuer shall give not less than 15 business days' notice to the Bondholders prior to the due date for payment, indicating the Alternative Payment Currency in which payments will be made.

  • This matter is before the Court on defendant’s Motion To Vacate, Set Aside Or CorrectSentence Pursuant To Title 28, United States Code, Section 2255 (Doc.

  • In the case of a payment of an Alternative Payment Currency Equivalent denominated in U.S. dollar, a "business day" will only occur on a day (other than a Saturday or Sunday) on which commercial banks are open for business in Moscow, London and New York City.

  • If the Settlement Currency for the Notes and Warrants is Offshore RMB and "Payment of Alternative Payment Currency Equivalent" is specified as applicable in the relevant Final Terms, an investor is subject to the risk that payments in respect of such Notes and Warrants will be made in the Alternative Payment Currency specified in the relevant Final Terms instead of Offshore RMB.

  • Notwithstanding any other provision in these Conditions, if, for reasons beyond its control, the Russian Federation is unable to make payments of principal or interest (in whole or in part) in respect of the Bonds in euro (an "Alternative Payment Currency Event"), the Russian Federation shall make such payments (in whole or in part) in the Alternative Payment Currency on the due date at the Alternative Payment Currency Equivalent of any such euro-denominated amount.

  • Notwithstanding any other provision in these Conditions, if, for reasons beyond its control, the Russian Federation is unable to make payments of principal or interest (in whole or in part) in respect of the Bonds in U.S. dollars (an “Alternative Payment Currency Event”), the Russian Federation shall make such payments (in whole or in part) in the Alternative Payment Currency on the due date at the Alternative Payment Currency Equivalent of any such U.S. dollar-denominated amount.

  • If an Alternative Payment Currency Event occurs, the Issuer shall give not less than five nor more than 30- days’ notice to the Bondholders prior to the due date for payment, indicating the Alternative Payment Currency in which payments will be made.


More Definitions of Alternative Payment Currency

Alternative Payment Currency means the currency, which may be Offshore RMB, specified as such in the relevant Pricing Supplement;
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Alternative Payment Currency means the currency specified as such in the relevant Pricing Supplement.
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Alternative Payment Currency means either euro or U.S. dollar, as specified in the relevant Final Terms;
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Alternative Payment Currency means the currency, which may be Offshore RMB, specified as such in the relevant Final Terms or, if no such currency is specified, USD;
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Alternative Payment Currency means: (ii) if, for reasons beyond its control, (a) the Issuer is unable to make payments of amounts due and owing to the Noteholders on the relevant Interest Payment Date, Maturity Date, or any other date when such amounts are due in respect of the Notes in United States dollars and/or (b) the Borrower is unable to make payments of amounts due and owing to the Issuer as lender on the relevant interest payment date, maturity date, or any other date when such amounts are due under the Loan Agreement in United States dollars, Euro; or (ii) if, for reasons beyond its control, (a) the Issuer is unable to make payments of amounts due and owing to the Noteholders on the relevant Interest Payment Date, Maturity Date, or any other date when such amounts are due in respect of the Notes in United States dollars and Euro and/or (b) the Borrower is unable to make payments of amounts due and owing to the Issuer as lender on the relevant interest payment date, maturity date, or any other date when such amounts are due under the Loan Agreement in United States dollars and Euro, pounds sterling; or (iii) if, for reasons beyond its control, (a) the Issuer is unable to make payments of amounts due and owing to the Noteholders on the relevant Interest Payment Date, Maturity Date, or any other date when such amounts are due in respect of the Notes in United States dollars, Euro and pounds sterling and/or (b) the Borrower is unable to make payments of amounts due and owing to the Issuer as lender under the LoanAgreement on the relevant interest payment date, maturity date, or any other date when such amounts are due under the Loan Agreement in United States dollars, Euro and pounds sterling, Swiss francs; or (iv) if, for reasons beyond its control, (a) the Issuer is unable to make payments of amounts due and owing to the Noteholders on the relevant Interest Payment Date, Maturity Date, or any other date when such amounts are due in respect of the Notes in United States dollars, Euro, pounds sterling and Swiss francs and/or (b) the Borrower is unable to make payments of amounts due and owing to the Issuer as lender under the Loan Agreement on the relevant interest payment date, maturity date, or any other date when such amounts are due under the Loan Agreement in United States dollars, Euro, pounds sterling and Swiss francs, Russian roubles.
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Related to Alternative Payment Currency

  • Settlement Currency means Pounds sterling ("GBP").

  • Fiat Currency means a currency issued by a country's government or central bank.

  • Agreement Currency has the meaning specified in Section 10.19.

  • Judgment Currency has the meaning specified in Section 10.19.

  • Relevant Currency means the currency specified as such or, if none is specified, the currency in which the Notes are denominated;

  • Component Currency means any currency which, on the Conversion Date, was a component currency of the relevant currency unit.

  • Second Currency has the meaning specified in Section 14.19.

  • First Currency has the meaning specified in Section 1.15.

  • Judgment Currency Conversion Date shall have the meaning assigned to such term in Section 11.18(a).

  • Approved Currency means each of Dollars and each Alternate Currency.

  • Termination Currency means United States Dollars.

  • Denomination Currency has the meaning specified in Section 14(b).

  • Underlying Currency means the Underlying Currency as specified in § 2 of the Product and Underlying Data.

  • Permitted Currency means (1) the legal tender of any Group of 7 country (or any country that becomes a member of the Group of 7 if such Group of 7 expands its membership) or (2) the legal tender of any country which, as of the date of such change, is a member of the Organization for Economic Cooperation and Development and has a local currency long-term debt rating of either AAA or higher assigned to it by Standard & Poor's, a division of The McGraw-Hill Companies, Inc. or any successor to the rating business thereof, Aaa or higher assigned to it by Moody's Investors Service, Inc. or any successor to the rating business thereof or AAA or higher assigned to it by Fitch Ratings or any successor to the rating business thereof;

  • Agreed Currency means Dollars or any Alternative Currency, as applicable.

  • Specified Currency means the currency specified as such hereon or, if none is specified, the currency in which the Notes are denominated.

  • Domestic Currency means the currency specified as such and any successor currency. If no currency is so specified, the Domestic Currency shall be the lawful currency and any successor currency of (i) the relevant Reference Entity, if the Reference Entity is a Sovereign, or (ii) the jurisdiction in which the relevant Reference Entity is organised, if the Reference Entity is not a Sovereign. In no event shall Domestic Currency include any successor currency if such successor currency is the lawful currency of any of Canada, Japan, Switzerland, the United Kingdom or the United States of America or the euro (or any successor currency to any such currency).

  • Class Currency means the currency in which a Share Class of a Fund is designated as determined by the Directors and disclosed in the Prospectus in relation to such Fund.

  • Not Domestic Currency means any obligation that is payable in any currency other than the Domestic Currency.