CURRENCY FLUCTUATIONS definition

CURRENCY FLUCTUATIONS. Notwithstanding any other provision of this Agreement, if any Borrowing outstanding is denominated in US Dollars, the Bank shall have the right to calculate the outstanding Borrowings in Canadian Dollars for all purposes including making a determination from time to time of the available undrawn portion of the Amount. If following such calculation, the Bank determines that the outstanding Borrowings determined in Canadian Dollars are greater than 105% of the Amount at such time, then the Bank shall so advise the Borrowers and the Borrowers shall repay, on the later of five Business Days after such advice and the last Business Day of the month following such date of calculation, an amount sufficient to eliminate the excess over and above the aggregate amount of the Borrowings permitted hereby to be outstanding at such time, together with all accrued interest on the amount so paid.
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Examples of CURRENCY FLUCTUATIONS in a sentence

  • RISKS OF CURRENCY FLUCTUATIONS AND HEDGING OPERATIONS The Philippines has historically experienced high rates of inflation and major fluctuations in exchange rate between the Philippine peso and the U.S. dollar.

  • FOREIGN CURRENCY FLUCTUATIONS Although the Company maintains its accounting records in pounds sterling, a substantial proportion of its transactions by value, including receipts and payments, are in other currencies.

  • OF CURRENCY FLUCTUATIONS, CHANGES IN TAXATION, FREIGHT, FUEL AND OTHER FACTORS THAT ARE BEYOND OUR CONTROL.

  • EXPOSURE TO CURRENCY FLUCTUATIONS ITT Industries' companies conduct operations worldwide.

  • The final Price will be confirmed to you within 30 days of departure, HOWEVER THE PRICE IS AT ALL TIMES SUBJECT TO FLUCTUATIONS IN THE AIRFARES, AIRPORT TAXES AND CURRENCY FLUCTUATIONS, which are outside the control of En-novate.

  • EXPOSURE TO CURRENCY FLUCTUATIONS Our companies conduct operations worldwide.

  • MOST OF OUR PRODUCT SALES OCCUR OUTSIDE THE U.S., AND CURRENCY FLUCTUATIONS MAY IMPAIR OUR FINANCIAL RESULTS.

  • CURRENCY FLUCTUATIONS Our operating results and cash flow are affected by changes in the Canadian dollar exchange rate relative to the currencies of other countries.

Related to CURRENCY FLUCTUATIONS

  • Currency Pair means the object or Underlying Asset of a CFD Transaction based on the change in the value of one currency against the other. A Currency Pair consists of two currencies (the Quote Currency and the Base Currency) and shows how much of the Quote currency is needed to purchase one unit of the Base Currency.

  • Currencies means Dollars and each Alternative Currency, and “Currency” means any of such Currencies.

  • Currency means Dollars or any Foreign Currency.

  • LIBOR Currency means the currency specified on the face hereof as to which LIBOR shall be calculated or, if no currency is specified on the face hereof, United States dollars. “LIBOR Page”

  • Index Currency means USD.