Converted Currency definition

Converted Currency means any Local Currency or Principal Currency in which all or part of the Loan is denominated after a Currency Conversion has been effected.
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Converted Currency means the Accepted Currency specified by you when you provide FX Instructions.
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Converted Currency means the currency in which a Beneficiary is to receive
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Examples of Converted Currency in a sentence

  • If, subject to market conditions, it is feasible to effect a new Conversion, the Outstanding Loan Balance of the amount originally converted will continue to be denominated in the Converted Currency, applying the new Base Interest Rate that reflects prevailing market conditions at the time of effecting the new Conversion.

  • Alternatively, the Borrower may prepay to the Bank all amounts that it owes in the Converted Currency, pursuant to the provisions of Article 3.08 of these General Conditions.

  • If subject to market conditions, it is feasible to effect a new Conversion, the Outstanding Loan Balance of the amount originally converted will continue to be denominated in the Converted Currency, applying the new Base Interest Rate that reflects prevailing market conditions at the time of effecting the new Conversion.

  • Alternatively, the Borrower may prepay all amounts that it owes in the Converted Currency, pursuant to the provisions of Article 3.08 of these General Conditions.

  • In such cases, if the Bank effects the Conversion, the disbursements shall be denominated in the Converted Currency and the disbursements shall be made in: (i) the Converted Currency; or (ii) an equivalent amount in Dollars at the exchange rate set forth in the Conversion Notification Letter, to be determined by the Bank when sourcing its financing.

  • You may also send the Converted Currency to yourself by specifying another account which is controlled by you as the recipient.

  • Your payment instruction in respect of this Payment Service will be deemed given to us on the day that: (a) the Converted Currency becomes available for onward payment to the recipient, if you opt for Standard Delivery; or (b) the Required Funds are deemed received into your Payment Account in accordance with section 8.1.2, if you opt for Express Delivery.

  • In such cases, if the Bank effects the Conversion, the disbursements shall be denominated in the Converted Currency and the disbursements shall be made in (i) the Converted Currency or (ii) Dollars at an amount equal to the exchange rate set forth in the Conversion Notification Letter, to be determined by the Bank when sourcing its financing.

  • Alternatively, the Borrower may prepay all amounts that it owes in the Converted Currency, pursuant to the provisions of Article 3.12 of these General Conditions.

  • Your payment instruction in respect of this Payment Service will be deemed given to us on the day that: (a) the Converted Currency becomes available for onward payment to the recipient, if you opt for Standard Delivery; or (b) the Required Funds are deemed received into your User Account in accordance with section 8.1.2, if you opt for Express Delivery.


More Definitions of Converted Currency

Converted Currency means the currency specified as such in the applicable Final Terms;
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Converted Currency. , means the new Currency requested as part of a Currency Conversion by the Borrower and accepted by the Bank of any of the Approved Currencies.
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Converted Currency means the specified amount of the specified currency to be sold and delivered by CD to the Client under any FX Contract.
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Converted Currency means any Local Currency or Non-Borrowing Member Country Currency in which all or part of the Outstanding Balance is denominated after a Currency Conversion has been effected. “Counter-Guarantor” shall have the meaning assigned to it in the Special Conditions.
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Related to Converted Currency

  • 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.

  • Approved Currency means Dollars and any Alternative Currency.

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

  • Second Currency has the meaning assigned to such term in Section 9.11.

  • First Currency has the meaning specified in Section 1.15.

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

  • Fiat Currency means government issued currency that is designated as legal tender in its country of issuance through government decree, regulation or law.

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars, Euros, Pound Sterling, New Zealand Dollars and Australian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank with respect thereto in their sole discretion and (ii) with respect to any Loan, any currency other than Dollars that is approved in accordance with Section 1.05.

  • Available Currency means, at any time, any of Dollars, Pounds Sterling, Euro, Canadian Dollars or Australian Dollars, and, with the prior written consent of each Multicurrency Lender and the Administrative Agent and prior notice to the Collateral Agent, any other currency, so long as, in respect of any such specified currency, it is available to the Collateral Agent and at such time no central bank or other governmental authorization in the country of issue of such currency (including, in the case of the Euro, any authorization by the European Central Bank) is required to permit use of such currency by any Lender for making any Advance 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.

  • Alternative Currency means each of Euro, Sterling, Yen and each other currency (other than Dollars) that is approved in accordance with Section 1.06.

  • Alternative Currency Daily Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Daily Rate.” All Alternative Currency Daily Rate Loans must be denominated in an Alternative Currency.

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