Dual Currency Exchange Rate definition

Dual Currency Exchange Rate means an exchange rate expressed as X/Y (X and Y are currencies) and specified as such in the applicable Final Terms. For the avoidance of doubt, an exchange rate expressed as X/Y means the number of units (or part units) of Y for which one unit of X can be exchanged.
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Dual Currency Exchange Rate means an exchange rate expressed as X/Y (X and Y are currencies) and specified as such in the applicable Final Terms. For the avoidance of doubt, an exchange rate expressed as X/Y means the number of units (or part units) of Y for which one unit of X can be exchanged. Dynamic Portfolio shall have the meaning given thereto in Condition 5.16. Early Settlement Amount means in relation to each Securities, the fair market value of the relevant Security and/or the amount of Underlyings to Deliver, based on the market conditions prevailing at the date of determination and, unless Unwind Costs are specified as not applicable in the applicable Final Terms, adjusted to account fully for any reasonable Unwind Costs, as determined by the Calculation Agent. Eligible Financial Instruments mean the financial securities as defined in article L. 211-1 of the French monetary and financial code, including but not limited French or foreign transferable securities traded on a regulated market, shares or units in collective investment undertakings as defined in article L. 214-1 of the French monetary and financial code, or any other financial instrument as specified in the Final Terms. Exane Guarantee means the first demand guarantee issued by Exane Derivatives pursuant to Article 2321 of the French civil code in favour of the Holders of Securities with respect to (en considération de) the Issuer’s obligations under the Securities pursuant to this Programme. The form (Conditions of the First Demand Guarante of Exane Derivatives) of the Exane Guarantee appears in the Base Prospectus. Exchange shall have the meaning ascribed thereto for each Underlying in Conditions 5.7 to 5.15. Exchange Business Day shall have the meaning ascribed thereto in Conditions 5.7, 5.8, 5.9, 5.10, 5.11, 5.12,
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Dual Currency Exchange Rate means the EUR/GBP exchange rate determined 2 Business Days prior to the Issue Date by the Calculation Agent, being €1:£0.6792.
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Examples of Dual Currency Exchange Rate in a sentence

  • Dual Currency Exchange Rate means any Underlying which is an FX Rate and as is designated as the Dual Currency Exchange Rate for the relevant payment and/or delivery in the applicable Pricing Supplement.

  • The Calculation Agent may, by reference to such sources as it selects acting in good faith and in a commercially reasonable manner, determine the Dual Currency Exchange Rate as of the Dual Currency Valuation Time on any day during such 2 calendar year period and shall make payment on the Notes on the fourth Business Day following the determination of the Dual Currency Exchange Rate.

  • Liquidity riskThe Company’s management of liquidity risk entails maintenance of adequate liquid reserves and credit facilities.


More Definitions of Dual Currency Exchange Rate

Dual Currency Exchange Rate means the EUR/GBP exchange rate, being €1:£ 0.6734.
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Dual Currency Exchange Rate means any Underlying which is an FX Rate and as is designated as the Dual Currency Exchange Rate for the relevant payment in the applicable Issue Terms.
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Related to Dual Currency Exchange Rate

  • FX Exchange Rate means the FX Exchange Rate as specified in § 2 of the Product and Underlying Data.

  • Canadian-U.S. Exchange Rate means, on any date, the inverse of the U.S. - Canadian Exchange Rate in effect on such date;

  • Exchange Rate means, in relation to any amount of currency to be converted into U.S. Dollars pursuant to this Agreement, the U.S. Dollar exchange rate as published in the Wall Street Journal on the relevant date of calculation.

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

  • U.S.-Canadian Exchange Rate means, on any date:

  • 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.

  • 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).

  • 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).

  • Alternative Currency Daily Rate means, for any day, with respect to any Credit Extension:

  • Spot Exchange Rate has the meaning specified in the related Terms Document.

  • Index Currency means USD.

  • Currency exchange means receipt of compensation from the exchange of money of one government for money of another government.

  • LIBOR Quoted Currency means each of the following currencies: Dollars; Euro; Sterling; Yen; and Swiss Franc; in each case as long as there is a published LIBOR rate with respect thereto.

  • Alternative Currency Term Rate means, for any Interest Period, with respect to any Credit Extension:

  • Non-LIBOR Quoted Currency means any currency other than a LIBOR Quoted Currency.

  • RMB Currency Events means any one of RMB Illiquidity, RMB Non-Transferability and RMB Inconvertibility;

  • Exchange Rate Agent means, with respect to Securities of or within any series, unless otherwise specified with respect to any Securities pursuant to Section 301, a New York Clearing House bank, designated pursuant to Section 301 or Section 313.

  • Market Exchange Rate means, unless otherwise specified with respect to any Securities pursuant to Section 301, (i) for any conversion involving a currency unit on the one hand and Dollars or any Foreign Currency on the other, the exchange rate between the relevant currency unit and Dollars or such Foreign Currency calculated by the method specified pursuant to Section 301 for the Securities of the relevant series, (ii) for any conversion of Dollars into any Foreign Currency, the noon buying rate for such Foreign Currency for cable transfers quoted in New York City as certified for customs purposes by the Federal Reserve Bank of New York and (iii) for any conversion of one Foreign Currency into Dollars or another Foreign Currency, the spot rate at noon local time in the relevant market at which, in accordance with normal banking procedures, the Dollars or Foreign Currency into which conversion is being made could be purchased with the Foreign Currency from which conversion is being made from major banks located in either New York City, London or any other principal market for Dollars or such purchased Foreign Currency, in each case determined by the Exchange Rate Agent. Unless otherwise specified with respect to any Securities pursuant to Section 301, in the event of the unavailability of any of the exchange rates provided for in the foregoing clauses (i), (ii) and (iii), the Exchange Rate Agent shall use, in its sole discretion and without liability on its part, such quotation of the Federal Reserve Bank of New York as of the most recent available date, or quotations from one or more major banks in New York City, London or other principal market for such currency or currency unit in question, or such other quotations as the Exchange Rate Agent shall deem appropriate. Unless otherwise specified by the Exchange Rate Agent, if there is more than one market for dealing in any currency or currency unit by reason of foreign exchange regulations or otherwise, the market to be used in respect of such currency or currency unit shall be that upon which a nonresident issuer of securities designated in such currency or currency unit would purchase such currency or currency unit in order to make payments in respect of such securities.

  • U.S. Dollar Equivalent means, on any date of determination, (a) with respect to any amount in US Dollars, such amount, and (b) with respect to any amount in any Alternative Currency, the equivalent in US Dollars of such amount, determined by the Administrative Agent pursuant to Section 1.05 using the Exchange Rate with respect to such Alternative Currency at the time in effect under the provisions of such Section.

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

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars, Euros, Pound Sterling, Swiss Francs, Mexican Pesos, Australian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank with respect thereto in their sole discretion and (ii) with respect to any Loan, any currency other than Dollars that is approved in accordance with Section 1.05.

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

  • Foreign Exchange Rate means, with respect to any currency other than United States dollars, as of any date of determination, the rate set forth in the exchange rate section of The Wall Street Journal or, if not published in The Wall Street Journal, then the average of the opening bid and asked rates on such date at which such currency may be exchanged for United States dollars as quoted by JPMorgan Chase Bank, National Association (or any successor thereto or other major money center commercial bank agreed to by the Parties).

  • Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.

  • Reference Exchange Rate means the exchange rate which is used as the basis to calculate any currency exchange and which is made available by the payment service provider or comes from a publicly available source;

  • Alternative Currency Equivalent means, at any time, with respect to any amount denominated in Dollars, the equivalent amount thereof in the applicable Alternative Currency as determined by the Administrative Agent or the L/C Issuer, as the case may be, at such time on the basis of the Spot Rate (determined in respect of the most recent Revaluation Date) for the purchase of such Alternative Currency with Dollars.