Credit Currency definition

Credit Currency means the currency in which the Credit Facility or Limit is denominated in the Contract.
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Credit Currency means the Currency in which the Credit is denominated; provided that if the Financing Agreement provides for Conversions, “Credit Currency” means the Currency in which the Credit is denominated from time to time. If the Credit is denominated in more than one currency, “Credit Currency” refers separately to each of such Currencies.
Sample 1Sample 2Sample 3
Credit Currency means the currency in which the Credit Facility is denominated.
Sample 1

Examples of Credit Currency in a sentence

  • Credit Currency Specify the currency in which the beneficiary is to be credited.

  • The Bank also wants to reorganise and refocus its flow activities (cash and flow derivatives) particularly in the Rate, Credit, Currency and Prime Services businesses in order to make them more profitable.• In Financing & Advisory, the Bank intends to further align its teams and its offerings in order to pursue its growth plan.

  • Company, Convertible Securities, Credit, Currency, Dividend, Foreign Investments/Developing and Emerging Markets, Interest Rate, Investment Model, Liquidity, Market, Market Capitalization, Other Investment Companies, Real Estate, Securities Lending, Value Investing Voya Mid Cap Opportunities Option Through its investments in Voya MidCap Opportunities Fund (sub-advised by Voya Investment Management Co. LLC), the Option seeks long-term capital appreciation.

  • Furthermore, respondents would often times resort to spending more time and financial resources by travelling 25 kilometres more to the city, in Masvingo in order to cash out large amounts from their accounts.

  • Exchange Traded Derivatives For the purposes of this policy, Fixed Income Exchange Traded Derivatives include Interest Rate, Credit, Currency and Commodity derivatives.

  • OTC Derivatives For the purposes of this policy OTC derivatives include Interest Rate, Credit, Currency, and Commodity derivatives.

  • Credit B - Shall mean loans in the Credit Currency to be provided by the Lenders to the Company, through the Facility Agent, for the purpose of partially financing the purchase of the Purchased Shares, in an aggregate amount that is not to exceed two billion (2,000,000,000) New Israeli Shekels (subject to the last section of the definition of "Credit or Loans" below).

  • Index, Equity, Commodity, Credit, Currency Linked Interest Notes and any other type of Notes, the interest payable in respect of which is linked to one or more Reference Items, shall bear interest from their Interest Commencement Date in accordance with the formula and at the rate or rates per annum as may be specified in the relevant Final Terms.

  • In June 2020, the FASB issued ASU 2020-05, Revenue from Contracts with Customers (Topic 606) and Leases (Topic 842), to provide a one-year deferral of the effective dates.

  • Letter of Credit Currency the currency of the Guaranteed Receivables specified in the Guarantee Agreement.

Related to Credit Currency

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

  • First Currency has the meaning specified in Section 1.15.

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

  • Settlement Currency means Pounds sterling ("GBP").

  • Approved Currency means Dollars and any Alternative Currency.

  • Primary Currency has the meaning specified in Section 9.11(c).

  • Payment Currency has the meaning given in Clause 21.4;

  • Original Currency has the meaning assigned to such term in Section 2.17.

  • Other Currency has the meaning assigned to such term in Section 8.12.

  • Reference Currency means the currency specified as such in the applicable Final Terms.

  • National Currency means the currency, other than the Euro, of a Participating Member State.

  • Optional Currency means a currency (other than the Base Currency) which complies with the conditions set out in Clause 4.3 (Conditions relating to Optional Currencies).

  • Applicable Currency means as to any particular payment or Loan, Dollars or the Alternative Currency in which it is denominated or is payable.

  • Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote 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.

  • Balance Currency means the currency that the trading account is denominated in and all charges including spreads, commissions and swaps, are calculated in that currency.

  • Underlying Currency means the Underlying Currency as specified in § 2 of the Product and Underlying Data.

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

  • Designated Currency shall have the same meaning assigned to it in Section 3.12.

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank with respect thereto and all respective Lenders of such Facility 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.

  • Agreement Currency has the meaning specified in Section 10.19.

  • Issue Currency or "SEK" means Swedish Krona. "Launch Date" means 12 January 2022.

  • Eligible Currency means each currency specified as such in Paragraph 11(a)(ii), if such currency is freely available.

  • Quote Currency means the second currency in the Currency Pair which can be bought or sold by the Client for the Base Currency.

  • Second Currency has the meaning specified in Section 14.19.