Currency Conversion Rate definition

Currency Conversion Rate means the spot rate at which in accordance with normal banking procedures the currency or currency unit into which an amount due hereunder or under any Security or Coupon is to be converted could be purchased with the currency or currency unit due hereunder or under any Security or Coupon from major banks located in New York, London or any other principal market for such purchased currency or currency unit.

Currency Conversion Rate has the meaning specified in Section 7.15.

Currency Conversion Rate means the CDS Conversion Rate (CCR) as defined under Procedure

Examples of Currency Conversion Rate in a sentence

• Where the relevant Product Currency is different to the relevant Account Currency, all calculations of Deductions and credits will be undertaken in the Product Currency and converted into the Account Currency at the Currency Conversion Rate.

• Our Platform will retain information about the Currency Conversion Rate in relation to your Account.

• CMC Markets will convert the profit and loss amount of the foreign currency CFD Margin Trade into your Account Currency using this rate.Our exchange rate conversions from the Product Currency into the Account Currency on the basis of our Currency Conversion Rate that may be subject to changes at any time (see our Terms of Business).

• The Company’s Platform will retain information about the Currency Conversion Rate in relation to the Client’s Account.

• Inform a Cardholder not billed in the Transaction Currency of Merchant that each Installment Billing Transaction amount may vary due to Currency Conversion Rate fluctuations.

More Definitions of Currency Conversion Rate

Currency Conversion Rate means the relevant exchange rate between the relevant currency of origin and U.S. Dollars as reported by The Wall Street Journal (New York Edition) on the date of the relevant invoice.

Currency Conversion Rate means the prescribed rate of Multicurrency card currency exchange at which one currency wallet shall be converted to another currency wallet.

Currency Conversion Rate means, on any date of determination, the U.S. dollar/Canadian dollar exchange rate published by the Bank of Canada as the daily average exchange rate on such date of determination or, if not published on such date of determination, as determined in good faith by the Company in a commercially reasonable manner.

Currency Conversion Rate. See Section 6.13.

Currency Conversion Rate. ’ means the prescribed rate of currency exchange at which one Wallet Currency shall be converted to another Wallet Currency.

Currency Conversion Rate means on any given day the average currency conversion rate quoted by the Bank of America in London as the price for Pounds Sterling purchased with U.S. Dollars. The Company agrees not to cause the nominal value of the Ordinary Shares to exceed an amount in U.K currency that is the equivalent of $0.05 (based on the Currency Conversion Rate in effect on the date of this Agreement).

Currency Conversion Rate means the PTAX Rate on (a) for purposes of the Payment Waterfalls, each Allocation Date, and (b) for purposes of the Post-Default Waterfalls, the date that is two Business Days before the applicable Post-Default Distribution Date.