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.
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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.

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

  • 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.

  • 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).

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

  • 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.

  • 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.

  • The Credit (including any part of Credit A, Credit B, Credit C and Credit D) shall, at the Company's selection, be of the following types: fixed-interest rate loan in the Credit Currency (Index-linked) and/or at fixed interest-rate (non-Index linked) and/or at a floating interest rate (non Index-linked).

  • Only Letters of Credit may be issued in a Letter of Credit Currency, and no Loans may be requested in a Letter of Credit Currency unless such currency has been otherwise approved pursuant to subsection (a) above.

  • Where the Qualifying Collateral or a portion thereof is denominated in the same currency as a Credit (the “Credit Currency”), the Qualifying Collateral or such portion thereof shall have a value of 100% of its value in the relevant Credit Currency; and for this purpose the Pledgee shall notionally match each Credit with the Collateral or a portion thereof denominated in the relevant Credit Currency.

Related to Credit Currency

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

  • Approved Currency means each of Dollars and each Alternative Currency.

  • Payment Currency has the meaning given in Clause 21.4;

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

  • 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).

  • 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;

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

  • 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.