Contractual Currency definition

Contractual Currency has the meaning given in Clause 21.5;

Contractual Currency has the meaning specified in Section 8(a).

Contractual Currency shall have the meaning assigned in Section 16.1.

Examples of Contractual Currency in a sentence

• If the Lender receives any Sum in a currency other than the Contractual Currency, the Borrower shall indemnify in full the Lender concerned against any cost, loss or liability arising directly or indirectly from any conversion of such Sum to the Contractual Currency.

• In this Clause 22.5 (Currency indemnity), the “available rate of exchange” means the rate at which the Lender concerned is able at the opening of business (London time) on the Business Day after it receives the Sum to purchase the Contractual Currency with the Payment Currency.

• In this Clause 22.5 (Currency indemnity), the "available rate of exchange" means the rate at which the Lender concerned is able at the opening of business (London time) on the Business Day after it receives the Sum to purchase the Contractual Currency with the Payment Currency.

• The term “rate of exchange” includes any premiums and costs of exchange payable in connection with the purchase of or conversion into the Contractual Currency.

More Definitions of Contractual Currency

Contractual Currency means, in relation to any payment obligation of any Note, the currency in which that payment obligation is expressed and, in relation to Clause 11, pounds sterling or such other currency as may be agreed between the Company and the Trustee from time to time;

Contractual Currency the meaning specified in paragraph 7(a);

Contractual Currency means, in relation to any payment obligation arising under any Note, the currency in which that payment obligation is expressed and, in relation to Clause 8 (Remuneration and Indemnification of the Trustee), such other currency as may be agreed between the Issuer and the Trustee from time to time;

Contractual Currency unless otherwise specified in a Confirmation, shall mean United States Dollars.

Contractual Currency means, in relation to any payment obligation of any Note, the currency in which that payment obligation is expressed and, in relation to Clause 8, pounds sterling or such other currency as may be agreed between the Issuer and the Trustee from time to time;

Contractual Currency means the currency in which the Covered Bonds are denominated or, if different, payable, as specified in the Final Terms;

Contractual Currency means, in relation to any payment obligation of any Instrument, the currency in which that payment obligation is expressed and, in relation to Clause 8 (Provisions supplemental to the Trustee Acts), pounds sterling or such other currency as may be agreed between the relevant Issuer and the Trustee from time to time;