Australian Dollar Equivalent definition

Australian Dollar Equivalent means, on any date of determination, with respect to any amount in U.S. dollars, the equivalent in Australian dollars of such amount, determined by the Administrative Agent using the Exchange Rate then in effect.

Australian Dollar Equivalent means the principal amount of Notes specified by the Company in a Request for Purchase (expressed in Dollars), converted into Australian Dollars at the rate of exchange determined by Prudential at the time the Company accepts the relevant Quotation pursuant to Section 3.2(e).

Australian Dollar Equivalent means with respect to any monetary amount in a currency other than Australian dollars, at any time for determination thereof, the amount of Australian dollars obtained by converting such foreign currency involved in such computation into Australian dollars at the exchange rate for the purchase of Australian dollars with the applicable foreign currency as published by the Reserve Bank of Australia for the date that is two Business Days prior to such determination.

Examples of Australian Dollar Equivalent in a sentence

• Each Australian Swingline Loan shall be in a minimum amount equal to the Australian Dollar Equivalent of $500,000 or a multiple of the Australian Dollar Equivalent of $100,000 in excess thereof.

• The price for each share of Stock purchased under this Option Agreement shall be AUD XX the Australian Dollar Equivalent of U.S.$XX.

• In the event an Australian Facility Loan is Continued or Converted pursuant to SECTION 5.08, such election shall be treated as an Australian Facility Advance in the Applicable Currency of such Loan for purposes of this SECTION 5.01, with the Australian Dollar Equivalent Amount of the principal amount of any such Loan in New Zealand Dollars determined based on the Spot Rate of Exchange as of the date of such Continuation or Conversion.

• On the Closing ------------------------------------------ Date the Australian LC Issuing Bank will issue to the Australian Revolving Loan Facing Bank for the account of the Borrower an A$ denominated Letter of Credit with an initial Letter of Credit Undrawn Availability equal to the Australian Dollar Equivalent of $10,000,000 substantially in the Form of Exhibit I-2 hereto (the "Australian Revolving Loan Letter of Credit").

• In the case of an Australian Facility Advance of New Zealand Dollars, the Australian Facility Agent shall also record the principal amount outstanding on any such Australian Facility Loan in Australian Dollars, based on the Australian Dollar Equivalent Amount of such Australia Facility Advance determined based on the Spot Rate of Exchange as of the date of such Advance, as reduced from time to time by any principal payments with respect thereto.

More Definitions of Australian Dollar Equivalent

Australian Dollar Equivalent. At any time, (a) with respect to any amount denominated in Australian Dollars, such amount, and (b) with respect to any amount denominated in any currency other than Australian Dollars, the equivalent amount thereof in Australian Dollars as determined by the Applicable Agent or the Issuing Lender, as the case may be, at such time on the basis of the Spot Rate (determined in respect of the most recent Revaluation Date) for the purchase of Australian Dollars with such other currency.

Australian Dollar Equivalent means with respect to amounts in U.S. Dollars, the amount of Australian Dollars which would be realized by converting U.S. Dollars into Australian Dollars in the spot market at the exchange rate quoted by the Administrative Agent, at approximately 11:00 a.m. (London time) two Business Days prior to the date on which a computation thereof is required to be made, to major banks in the interbank foreign exchange market for the purchase of Australian Dollars for U.S. Dollars.

Australian Dollar Equivalent means the amount in Australian dollars of the applicable Canadian dollar amount on the basis of the noon Canadian to Australian dollar exchange rate on the date that is three business days immediately preceding the Effective Date as reported by the Reserve Bank of Australia;

Australian Dollar Equivalent means, on any date of determination, with respect to any amount in U.S. dollars, the equivalent in Australian dollars of such amount, determined by the Administrative Agent using the Exchange Rate then in effect. “Australian dollars”, “AUD” and “AUD$” shall mean the lawful money of the Commonwealth of Australia. “Australian GST” shall have the meaning given in A New Tax System (Goods and Services Tax) Act 1999 (Cth). “Australian GST Liability” shall have the meaning assigned to such term in Section 2.19(j). “Australian Guarantee Agreement” shall mean a Deed of Guarantee and Indemnity, substantially in the form of Exhibit C-1, in favor of the Australian Collateral Agent, for the benefit of the Secured Parties. “Australian L/C Exposure” shall mean at any time the sum of (a) the aggregate undrawn amount of all outstanding Australian Letters of Credit at such time plus (b) the aggregate principal amount of all L/C Disbursements in respect of Australian Letters of Credit that have not yet been reimbursed at such time. The Australian L/C Exposure of any Australian Lender at any time shall mean its Australian Revolving Pro Rata Percentage of the aggregate Australian L/C Exposure at such time. “Australian L/C Participation Fee” shall have the meaning assigned to such term in Section 2.05(c). “Australian Lenders” shall mean Lenders having Australian Revolving Commitments, outstanding Australian Revolving Credit Loans or participations in Australian Letters of Credit pursuant to Section 2.21(d). “Australian Loan Parties” shall mean the Australian Borrower and the Australian Subsidiary Guarantors.

Australian Dollar Equivalent means, at any time in respect of any amount denominated other than in Australian Dollars, the amount of Australian Dollars determined by the Agent by translating that amount of currency into Australian Dollars using the spot rate of exchange which the Agent determines to be the rate of exchange which it could, on that day, buy Australian Dollars with that other currency in the ordinary course of business;

Australian Dollar Equivalent means, at any time for the determination thereof, the amount of Australian Dollars which could be purchased with the amount of Dollars involved in such computation at the spot exchange rate therefor as quoted by Barclays as of 11:00 A.M. (London time) on the date two Business Days prior to the date of any determination thereof for purchase on such date.

Australian Dollar Equivalent means the amount in AUD determined by converting the corresponding amount in USD to AUD at the rate of exchange published on Reuters Monitor System screen page HSRA at or about 10am Sydney, Australia time on the day of receipt of the amount by the Payer, or if that rate ceases to be so published, an equivalent published rate for converting USD or another currency (as required) to Australian dollars selected by the Payer, acting reasonably. Authority is any government department, local government council, government or statutory authority or any other party under a Law which has a right to impose a requirement or whose consent is required with respect to any matter or thing arising under, or affected by, this agreement.