Currency Conversion means, with respect to a disbursement or with respect to all or part of an Outstanding Loan Balance, a change in the currency of denomination to a Local Currency or a Principal Currency.
Currency Conversion means a change of the Loan Currency of all or any amount of the Unwithdrawn Loan Balance or the Withdrawn Loan Balance to an Approved Currency.
Currency Conversion means a factor used in calculating Price or Material Cost, or any part thereof, for purchases in a currency other than the currency in which Nortel Networks is required to pay Flextronics hereunder, based on the “FX Bench” forward currency rate as published by Reuters 12.00 CET on the mutually agreed date for pricing (the “Exchange Rate”), or any other benchmark as otherwise agreed in the applicable VSHA.
Examples of Currency Conversion in a sentence
The Bank agrees to lend to the Borrower the amount of one hundred thirty-five million United States Dollars (US$135,000,000), as such amount may be converted from time to time through a Currency Conversion (“Loan”), to assist in financing the project described in Schedule 1 to this Agreement (“Project”).
More Definitions of Currency Conversion
Currency Conversion rates: Investing in financial instruments with an underlying asset listed in a currency other than your base currency entails a currency risk, as the financial instrument is settled in a currency other than your base currency and hence the value of your return may be affected by its conversion into the base currency. The conversion rate is taken from the trading system. Similarly, when the funds deposited by the client in the Company’s clients account(s), are not in the currency of the above mentioned account(s), the Company will convert the funds into the account’s currency, at the exchange rate given by the local Banks in Cyprus, such as Bank of Cyprus.
Currency Conversion. The cost of converting balances, profits, losses, costs, and charges into the base currency of the Client's Account. • Overnight Funding/Swap (Financing Fee): The cost or benefit of holding a position open overnight, which can be positive or negative depending on the instrument traded. • Trading inactivity: Once the account becomes and remains inactive, the Company has the right to charge an inactivity fee, which may be deducted from the Client's Account on a monthly basis.
Currency Conversion means the settlement, based on the applicable Spot Rate, of (i) a Canadian Dollar-denominated Canadian Allocation and Shortfall Payment Amount in U.S. Dollars or (ii) a U.S. Dollar-denominated U.S. Shortfall Payment Amount in Canadian Dollars.
Currency Conversion. A conversion rate equal to the average of the closing mid-point spot rates, as reported by Bloomberg, L.P., for each trading day in the period commencing 1 October, 2002, (being the date of the first interest default by Telewest or Telewest Jersey under the Notes) up to and including • • 2003 (being the latest practicable date for inclusion of information in the Explanatory Statement before printing).
Currency Conversion. If you are renting outside the country where you live we may give you the option to pay in your home currency using a competitive rate of exchange. Please click here for further details.
Currency Conversion means a change of the Loan Currency of all or any portion of the principal amount of the Loan, withdrawn or unwithdrawn, to an Approved Currency.
Currency Conversion. “Default Interest Period”; “Default Interest Rate”; “Default Variable Rate”; “Fixed Rate”; “Fixed Reference Rate”; “Fixed Spread”; “Interest Rate Cap”; “Interest Rate Conversion”; “Principal Payment Date”; “Reference Rate Reset Date”; “Screen Rate”; “Variable Rate”; “Variable Spread”; “Variable Spread Fixing Charge”; the term “the Loan” is modified to read “the Non-Concessional Portion of the Loan”; the term “Unwithdrawn Loan Balance” is modified to read “the Unwithdrawn Balance of the Non-Concessional Portion of the Loan”; and the term “Withdrawn Loan Balance” is modified to read “Withdrawn Balance of the Non-Concessional Portion of the Loan”.