Currency Component definition

Currency Component means, collectively, the four currencies which comprise 50% of the Basket to which the Securities are linked. The Currency Component consists of the Euro (EUR), the British pound sterling (GBP), the Japanese yen (JPY), and the Australian dollar (AUD) (each a “Basket Currency” and, collectively, “Basket Currencies”). A “Currency Disruption Event” means any of the following events, as determined in good faith by the Calculation Agent:
Currency Component means, on any given day, the amount equal to the JPY/USD Exchange Rate on that day (or, if such day is not a Trading Day, the JPY/USD Exchange Rate on the immediately preceding Trading Day) divided by the JPY/USD Exchange Rate on the Inception Date.
Currency Component means, on any given day, the amount equal to the EUR/USD Exchange Rate on that day (or, if such day is not a Trading Day, the EUR/USD Exchange Rate on the immediately preceding Trading Day) divided by the EUR/USD Exchange Rate on the Inception Date.

Examples of Currency Component in a sentence

  • The Calculation Agent will determine, among other things, the Ending Basket Level, the Basket Return, the Ending Equity Component Level, the Ending Currency Component Level, the Additional Amount, if any, and the amount that we will pay you at maturity, as well as whether the Ending Basket Level is equal to or greater than the Starting Basket Level.

  • Calculation Agent The Calculation Agent will determine, among other things, the Ending Basket Level, the Basket Return, the Ending Equity Component Level, the Ending Currency Component Level, the Additional Amount, if any, and the amount that we will pay you at maturity, as well as whether the Ending Basket Level is equal to or greater than the Starting Basket Level.

  • Reverse of Security This Security is one of a duly authorized series of Securities of the Company designated as 100% Principal Protected Notes Linked to a Basket Consisting of a Foreign Equity Component and a Currency Component Due July 31, 2010 (herein called the “ Securities”).

  • CITIBANK, N.A. as Trustee By: Authorized OfficerReverse of Security This Security is one of a duly authorized series of Securities of the Company designated as 100% Principal Protected Notes Linked to a Basket Consisting of a Foreign Equity Component and a Currency Component Due June 18, 2010 (herein called the “Securities”).

  • CITIBANK, N.A. as Trustee By: Authorized Officer Reverse of Security This Security is one of a duly authorized series of Securities of the Company designated as 100% Principal Protected Notes Linked to a Basket Consisting of a Foreign Equity Component and a Currency Component Due June 8, 2010 (herein called the “Securities”).


More Definitions of Currency Component

Currency Component means, on any given day, the amount equal to the GBP/USD Exchange Rate on that day (or, if such day is not a Trading Day, the GBP/USD Exchange Rate on the immediately preceding Trading Day) divided by the GBP/USD Exchange Rate on the Inception Date.
Currency Component means, collectively, the three currencies which make up 55% of the Basket. The Currency Component consists of the Brazilian real (BRL), the Russian ruble (RUB) and the Indian rupee (INR) (each, a “Basket Currency” and, collectively, the “Basket Currencies”). A “Currency Disruption Event” shall mean any of the following events, as determined in good faith by the Calculation Agent:

Related to Currency Component

  • Dilution Volatility Component means the product (expressed as a percentage) of (i) the difference between (a) the highest three (3)-month rolling average Dilution Ratio over the past 12 months and (b) the Adjusted Dilution Ratio, and (ii) a fraction, the numerator of which is equal to the amount calculated in (i)(a) of this definition and the denominator of which is equal to the amount calculated in (i)(b) of this definition.

  • Index Component means those securities, assets or reference values of which the Index is comprised from time to time.

  • Cash Component means that portion, if any, of the Conversion Shares Offer Consideration consisting of cash.

  • Component means an article, material, or supply incorporated directly into an end product.

  • Combination Product means a Licensed Product that is comprised of or contains a Licensed Compound as an active ingredient together with one (1) or more other active ingredients or Delivery Systems and is sold either as a fixed dose/unit or as separate doses/units in a single package.