Currency Conversion definition

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Currency Conversion means a change of the Loan Currency of all or any amount of the Unwithdrawn Loan Balance or the Withdrawn Loan Balance to an Approved Currency.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

• Pursuant to Article 4.03 of these General Conditions, following a Currency Conversion, interest and amortization installments of converted amounts shall be paid in the Settlement Currency.

• This prepayment shall be made on the expiration date of the Partial Term Currency Conversion in the Settlement Currency pursuant to Article 4.05 of these General Conditions.

• Partial-Term Interest Rate Conversions of Outstanding Balance denominated in currencies other than the Dollar shall be subject to the requirements of Article 4.02(g) and shall therefore be subject to the same treatment relative to the expiration of the Conversion Period of the Partial-Term Currency Conversion, as set forth in Article 4.03(d) of these General Conditions.

• Such new Currency Conversion will have the additional limitation that the Outstanding Balance under the new Amortization Schedule shall at no time exceed the Outstanding Balance under the Amortization Schedule requested in the original Partial Term Currency Conversion.

• The payments for interest and fees shall be made in Dollars, unless a Currency Conversion has been effected, in which case the provisions of Article 4.05 of these General Conditions shall apply.

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 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. 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 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 means a change of the Credit Currency of all or any amount of the Unwithdrawn Credit Balance or the Withdrawn Credit Balance to an Approved Currency.