Approved Foreign Currency definition
Approved Foreign Currency means any Approved Currency other than Dollars.
Approved Foreign Currency means, at any time, any of Australian Dollars, Canadian Dollars, Euros and Pounds Sterling.
Approved Foreign Currency. AUD, CAD, EUR and GBP or such other foreign currency approved by the Administrative Agent in its sole discretion.
Examples of Approved Foreign Currency in a sentence
In addition, for an Approved Foreign Currency, the Collateral Custodian shall, on or after the date hereof, establish segregated accounts that each constitute a Principal Collection Account and Interest Collection Account for an Approved Foreign Currency.
This is an international loan transaction in which the specification of Dollars or an Approved Foreign Currency, as the case may be (the “Specified Currency”), and payment in New York City, New York or the country of the Specified Currency, as the case may be (the “Specified Place”), is of the essence, and the Specified Currency shall be the currency of account in all events relating to Advances denominated in the Specified Currency.
More Definitions of Approved Foreign Currency
Approved Foreign Currency means Canadian Dollars, Euro, Great British Pound Sterling and any other currency approved from time to time by the Administrative Agent in its reasonable discretion.
Approved Foreign Currency means, with respect to any Letter of Credit issued by an L/C Issuer, any currency (other than Dollars or Canadian Dollars) approved by such L/C Issuer in which such Letter of Credit is denominated.
Approved Foreign Currency means, at any time, the French Franc and the ------------------------- Euro; provided that with the prior written agreement of all of the Multicurrency -------- Lenders, such term shall include any other Foreign Currency, that, at such time, (a) is dealt with in the London interbank market, (b) is freely transferable and convertible into Dollars in the London foreign exchange market and (c) with respect to which no central bank or other governmental authorization in the country of issue of such Foreign Currency is required to permit use of such Foreign Currency by any Multicurrency Lender for making any Loan hereunder and/or to permit the Borrower to borrow and repay the principal thereof and to pay the interest thereon, unless such authorization has been obtained and is in full force and effect.
Approved Foreign Currency. AUD, CAD, EUR and GBP.
Approved Foreign Currency means Canadian Dollars, Euro and Pounds Sterling.
Approved Foreign Currency as defined in subsection 4.2(b).
Approved Foreign Currency means Canadian Dollars.