Currency Exchange Agreement definition

Currency Exchange Agreement means any currency swap, foreign exchange contract or similar arrangement providing for protection against fluctuations in currency exchange rates, either generally or under specific contingencies.

Currency Exchange Agreement means a currency exchange agreement or similar arrangement between the Company and one or more of the Lenders.

Currency Exchange Agreement means the spot currency agreement and the forward currency agreement to be entered into on or prior to the Effective Date by the Buyer and a counterparty rated at least A-1 and P-1 or its equivalent by the Rating Agencies (a "Swap Counterparty") to exchange, respectively, the amount in Dollars received by the Buyer under the Facilities Agreement into the currencies of the denomination of the Receivables acquired by the Buyer under all Origination Agreements to which it is a party and the currencies of the amount of Collections payable to the Buyer under all Origination Agreements to which it is a party into Dollars.

Examples of Currency Exchange Agreement in a sentence

• Upon the occurrence and during the continuation of an Event of Default (as defined in the Credit Agreement) or the occurrence of an Early Termination Date (as defined in a Master Agreement or an Interest Rate Swap Agreement or Interest Rate and Currency Exchange Agreement in the form prepared by the International Swap and Derivatives Association Inc.

• Under the Currency Exchange Agreement (CEA) with PETRONAS, the repayment of the principal amount is at a fixed exchange rate of 100 Yen – RM2.838.

• Upon execution and delivery of such an Agreement or an Interest Rate and Currency Exchange Agreement (the "Exchange Agreement") (the Exchange Agreement and the Agreement are collectively referred to as the "ISDA Executed Master Agreement") the terms and conditions of the ISDA Master Agreement will be superseded thereby and this Confirmation will supplement, form a part of and be subject to the terms and conditions of the ISDA Executed Master Agreement.

• The 1987 Interest Rate and Currency Exchange Agreement and the 1987 Interest Bate Swap Agreement may be used to document only cash-settled Transactions (and in the case of the latter agreement, only U.S. dollar denominated transactions) unless amended to accommodate a broader variety of Transactions.

• Any amount payable hereunder by reference to amounts payable by the Buyer under the Facilities Agreement and the Currency Exchange Agreement shall be due and payable irrespective of whether the Buyer is liable to pay such amounts as a result of the limited recourse provisions contained in the Facilities Agreement or the Currency Exchange Agreement.

More Definitions of Currency Exchange Agreement

Currency Exchange Agreement means a currency exchange agreement or similar arrangement between the Parent or any Subsidiary and one or more of the Lenders.

Currency Exchange Agreement means, in respect of any Person, any foreign currency swap agreement or other agreement pursuant to which the Company, the Parent Guarantor or any of the Company's Subsidiaries hedge their exposure to foreign currency exchange rates in connection with their business operations.

Currency Exchange Agreement means, for any Person, an agreement or arrangement between such Person and one or more financial institutions or other entities providing for the transfer or mitigation of risks of fluctuations in the exchange rate between currencies either generally or under specific contingencies.

Currency Exchange Agreement means, as of any time, the Currency Exchange Agreement (as that term is defined in the RPA or the PPA, as applicable) that may be entered into by the Buyer from time to time in accordance with the provisions of the RPA or PPA, as applicable.

Currency Exchange Agreement means, for any Person, an agreement or arrangement between such Person and one or more financial institutions or other entities providing for the transfer or mitigation of risks of fluctuations in the exchange rate between U.S. Dollars and Canadian Dollars either generally or under specific contingencies.

Currency Exchange Agreement means the spot currency agreement and the forward currency agreement to be entered into on or prior to the Effective Date by the Buyer and a counterparty rated at least A-1 and P-1 or its equivalent by the Rating Agencies to exchange, respectively, the amount in Dollars received by the Buyer under the Facilities Agreement into the currencies of the denomination of the Receivables acquired by the Buyer under all Origination Agreements to which it is a party and the currencies of the amount of Collections payable to the Buyer under all Origination Agreements to which it is a party into Dollars.

Currency Exchange Agreement means any agreement entered into between us and a third party providing, in effect, for the payment to the third party from us of the amount of International Currency Payments under an International Contract, and also providing for the payment to us by the third party, at Chicago, Illinois of specified U.S. dollar amounts at the time of our payment of the International Currency to the third party.