Dual Currency Account definition

Dual Currency Account means the Dual Currency Account investment subscribed to by me which is a structured product investment with a derivative or option linked to the Reference Instrument stated in the Subscription Form, the Product Highlights Sheet and the Product Term Sheet.

Examples of Dual Currency Account in a sentence

  • Following the due opening of the Designated Dual Currency Account and upon request of the Borrower (through a Withdrawal Application), an initial advance would be transferred by IFAD into the Dual Currency Account, corresponding to approximately six months of anticipated expenditures in the first year AWPB.

  • The annual audit should include an opinion on: Statement of Expenditures, Designated Dual Currency Account, and procurement and be accompanied by a Management Letter, audit opinion and consolidated financial statements.

  • Currency Account, my checking account, savings account or Overnight Deposit account (whether in local or foreign currency), whichever applicable, maintained by me with you from which Principal is transferred to a Market Linked Investment Account or Dual Currency Account and into which proceeds, if any, from the Market Linked Investment Account or Dual Currency Account are credited, as the case may be.

  • CitibankCitibank Gold AccountCitibank Dual Currency Account (Gold)Islamic Fund And Wealth Management : A Way Forward vii.Standard Chartered BankPremium Currency Investment Goldviii.HSBC BankHSBC Gold Accountix.Public GoldGold Accumulation Program (GAP)Source: Hafizi et al.

Related to Dual Currency Account

  • Virtual currency means a digital representation of value used as a medium of exchange, unit of account, or store of value, which does not have legal tender status recognized by the United States. The term does not include:

  • Dual Currency Note means a Dual Currency Interest Note and/or a Dual Currency Redemption Note, as applicable;

  • Contractual Currency has the meaning given in Clause 21.5;

  • Party A Currency Amount In respect of each Party A Calculation Period, an amount in Dollars equal to the principal amount outstanding of the Relevant Notes on the first day of such Calculation Period (after taking into account any redemption on such day).

  • Class Currency means the currency in which a Share Class of a Fund is designated as determined by the Directors and disclosed in the Prospectus in relation to such Fund.

  • Balance Currency means the currency that the trading account is denominated in and all charges including spreads, commissions and swaps, are calculated in that currency.

  • Currency of Account means, in relation to any payment to be made to a Finance Party pursuant to any of the Security Documents, the currency in which that payment is required to be made by the terms of the relevant Security Document.

  • Optional Currency means a currency (other than the Base Currency) which complies with the conditions set out in Clause 4.3 (Conditions relating to Optional Currencies).

  • Base Currency Amount means, in relation to a Loan, the amount specified in the Utilisation Request delivered by a Borrower for that Loan (or, if the amount requested is not denominated in the Base Currency, that amount converted into the Base Currency at the Agent’s Spot Rate of Exchange on the date which is three Business Days before the Utilisation Date or, if later, on the date the Agent receives the Utilisation Request) adjusted to reflect any repayment or prepayment of the Loan.

  • Affected Currency has the meaning assigned to such term in Section 2.13.

  • National Currency means the currency, other than the Euro, of a Participating Member State.

  • Eligible Currency means any currency other than Dollars (i) that is readily available, (ii) that is freely traded, (iii) in which deposits are customarily offered to banks in the London interbank market, (iv) that is convertible into Dollars in the international interbank market and (v) as to which a Dollar Equivalent Amount may be readily calculated. If, after the designation by the Revolving Credit Lenders of any currency as an Agreed Currency, (x) currency control or other exchange regulations are imposed in the country in which such currency is issued with the result that different types of such currency are introduced, (y) such currency is, in the reasonable determination of the Administrative Agent, no longer readily available or freely traded or (z) in the reasonable determination of the Administrative Agent, a Dollar Equivalent Amount of such currency is not readily calculable, the Administrative Agent shall promptly notify the Lenders and the Company, and such currency shall no longer be an Agreed Currency until such time as all of the Revolving Credit Lenders agree to reinstate such currency as an Agreed Currency and promptly, but in any event within five Business Days of receipt of such notice from the Administrative Agent, the Borrower shall repay all Loans in such affected currency or convert such Loans into Loans in Dollars or another Agreed Currency, subject to the other terms set forth in Article II.

  • Reference Currency means the currency specified as such in the applicable Final Terms.

  • Original Currency has the meaning assigned to such term in Section 2.17.

  • Foreign Currency Loan means any Loan denominated in a Foreign Currency.

  • Termination Currency means United States Dollars.

  • Available Currency means Dollars, and any other currency as the relevant Borrower, each of the relevant Revolving Credit Lenders or the relevant Term Lenders, as the case may be, and the Administrative Agent may agree to from time to time.

  • Underlying Currency means the Underlying Currency as specified in § 2 of the Product and Underlying Data.

  • Fiat Currency means currency issued by the relevant body in a country or by a government that is designated as legal tender in its country of issuance through amongst other things, government decree, regulation, or law;

  • Approved Currency means each of Dollars and each Alternative Currency.

  • Denomination Currency has the meaning specified in Section 14(b).

  • Local Currency Advance means any Advance, denominated in Pounds Sterling, Euro, or any other Agreed Currency which CIF requests the Local Currency Banks to include as a Local Currency and which is reasonably acceptable to the Local Currency Banks, made to CIF pursuant to Sections 2.03A and 2.03B of the Credit Agreement and this Addendum. A Local Currency Advance shall bear interest at the rate specified in Schedule II.

  • Japan Local Currency Advance means any Advance, denominated in Japanese Yen, made to CFKK pursuant to Sections 2.03C and 2.03D of the Credit Agreement and this Addendum. A Japan Local Currency Advance shall bear interest at the rate specified in Schedule II.

  • Alternative Currency Daily Rate Loan means a Committed Loan that bears interest at a rate based on the definition of “Alternative Currency Daily Rate.” All Alternative Currency Daily Rate Loans must be denominated in an Alternative Currency.

  • Applicable Currency means, as to any particular payment or Loan, Dollars or the Offshore Currency in which it is denominated or is payable.

  • First Currency has the meaning specified in Section 1.15.