Base Currency definition

Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.
Base Currency means the currency of account of a Fund as specified in the relevant Supplement relating to that Fund.
Base Currency means EUR.

Examples of Base Currency in a sentence

  • Where a Liquidation Amount relates solely to Uncleared OTC Transactions, such Liquidation Amount will be payable in the Base Currency on the first Business Day after notification of the amount payable.

  • 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.

  • For the purposes of any calculation under this Agreement, the Firm may convert amounts denominated in any currency into the Base Currency at such rate prevailing at the time of the calculation as the Firm reasonably selects.

  • The Liquidation Amount shall be paid in the Base Currency by the close of business on the Business Day following the completion of the termination and liquidation under this clause (converted as required by applicable law into any other currency, any costs of such conversion to be borne by you, and (if applicable) deducted from any payment to you).

  • For these purposes, the Firm may ascribe a commercially reasonable value to any amount which is contingent or which is unascertained for any other reason and the Firm may convert any amounts denominated in different currencies into the Base Currency in accordance with clause 31.2 (Base Currency).


More Definitions of Base Currency

Base Currency means US Dollars.
Base Currency means the currency specified as such in Paragraph 11(a)(i).
Base Currency means the base currency of a Fund as specified in the relevant Supplement;
Base Currency means US dollars.
Base Currency as to a Party, means the Currency agreed to as such in relation to it in Part VII of the Schedule.
Base Currency means Euro.
Base Currency in relation to a Sub-Fund, means the currency of account of the Sub-