Current Exchange Rate definition
Examples of Current Exchange Rate in a sentence
The Labor Rate will be adjusted based on the percentage change of the Current Exchange Rate as compared to the Old Exchange Rate.
If the Current Exchange Rate has changed more than +/- 3% based on the comparison with the Old Exchange Rate, then Company and Buyer agree to adjust the Manufacturing Pricing for the upcoming calendar quarter based on the percentage change of the Current Exchange Rate as compared to the Old Exchange Rate.
On the Closing Date, the Revolving Commitments of the Canadian Lenders, which are expressed in U.S. Dollars in Schedule 2.1(b), shall be converted to Canadian Dollars at the Current Exchange Rate.
For purposes of clauses (b), (e), (k) and (l) of this subsection 8.4, the U.S. Dollar equivalent of Canadian Dollar denominated Guarantee Obligations shall be determined 153 on the basis of the Current Exchange Rate in effect on the date such Guarantee Obligation is incurred.
Where a Payment is due and the Current Exchange Rate varies by more than [●]% from the Base Exchange Rate the Parties agree to renegotiate the Charges.