Euro Amount definition

Euro Amount means, at any time:

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Euro Amount of any currency at any date shall mean (i) the amount of such currency if such currency is Euro or (ii) the Equivalent Amount of Euro if such currency is any currency other than Euro, calculated on the basis of the arithmetic mean of the buy and sell spot rates of exchange of the Lending Installation of the Eurocurrency Agent for such currency on the London market at 11:00 a.m., London time, on or as of the most recent Computation Date.

Euro Amount means, at any time, (a) with respect to any Loan or Commitment denominated in Euros, the principal amount thereof then outstanding, and (b) with respect to any Loan or Commitment denominated in Dollars, the principal amount thereof then outstanding in Dollars, converted to Euros in accordance with Section 1.08.

Examples of Euro Amount in a sentence

• C3.6 By 11:00 a.m. NYC time, following receipt of notice from the Trustee’s transfer agent service desk that the number of Shares now outstanding has been increased, the Trustee notifies its DTC operations desk to release the increased number of Shares through DTC to the DTC participant accounts of the Authorized Participants scheduled to receive Baskets on CREATION T+2 for whom the Trustee has received confirmation from the Depository that the Basket Euro Amount has been received into the Deposit Account.

• C3.5 By 11:00 a.m. NYC time, following receipt of the notice from the Depository confirming the transfer of the Basket Euro Amount to the Deposit Account, the Trustee notifies its transfer agent service desk that it has authorized the creation and issuance of Baskets in the number specified, and to increase the number of Shares outstanding accordingly.

• C3.4 At 11:00 a.m. NYC time, following receipt of the notice from the Depository confirming the transfer of the Basket Euro Amount to the Deposit Account, the Trustee authorizes the creation and issuance of the Baskets ordered by each Authorized Participant on CREATION T for which the Trustee has received confirmation from the Depository of receipt of the Basket Euro Amount.

• C3.2 As of 3:30 p.m. Frankfurt time, the Depository notifies the Trustee that the Basket Euro Amount has been transferred into the Deposit Account by an authenticated electronic message (SWIFT MT910).

• The Authorized Participant enters into this agreement based on an estimated Basket Euro Amount disseminated the previous business day and recognizes the final Basket Euro Amount represented will be decreased based on the Trust’s daily accrual.

More Definitions of Euro Amount

Euro Amount means, in relation to an Advance: if the notice requesting that Advance requested that it be denominated in Euros, the amount specified in that notice or

Euro Amount means, in relation to an Advance, the amount of that Advance in Euros specified in the relevant Drawdown Notice.

Euro Amount means, at any time, (a) with respect to any amount denominated in Euros, such amount and (b) with respect to any amount denominated in any Alternative Currency, the equivalent amount thereof in Euros at the most favorable spot exchange rate for the purchase of Euros with such Alternative Currency, as determined by the Administrative Agent or the Issuer, as applicable, at approximately 11:00 A.M. (the time of the Administrative Agent) 2 Business Days prior to the date on which the foreign exchange computation is made.

Euro Amount means the product of the Dollar Amount (as determined pursuant to Section 4(a)(i), (ii), (iii) or (iv)) multiplied by the conversion rate set forth in the definition of "Dollar/Euro Fixed Exchange Rate."

Euro Amount of any currency at any date means (a) the amount of such currency if such currency is Euro or (b) the equivalent in Euro of the amount of such currency if such currency is any currency other than Euro, calculated on the basis of the rate at which such currency may be exchanged into Euro at the time of determination on such day on the Reuters Currency pages, if available, for such currency. In the event that such rate does not appear on any Reuters Currency pages, the exchange rate shall be determined by reference to such other publicly available service for displaying exchange rates as may be agreed upon by the Administrative Agent and the Borrowers, or, in the absence of such an agreement, such exchange rate shall instead be the arithmetic average of the spot rates of exchange of the Administrative Agent in the market where its foreign currency exchange operations in respect of such currency are then being conducted, at or about such time as the Administrative Agent shall elect after determining that such rates shall be the basis for determining the exchange rate, on such date for the purchase of Euro for delivery two Business Days later; provided that if at the time of any such determination, for any reason, no such spot rate is being quoted, the Administrative Agent may use any reasonable method it deems appropriate to determine such rate, and such determination shall be prima facie evidence thereof.

Euro Amount means, in relation to Facility B, in relation to any Advance which is, or is to be, denominated in euro, the principal amount thereof or, if such Advance is not, or is not to be, denominated in euro, the equivalent of such amount in euro calculated as at the date of the Utilisation Request in respect of such Advance and the Euro Amount of a Requested Amount shall be determined accordingly.

Euro Amount of any currency at any date means (i) the amount of such currency if such currency is euros or (ii) the equivalent amount of euros if such currency is any currency other than euros, calculated at approximately 11:00 a.m. (London Time) as set forth on the applicable Reuters Screen on the date of determination; provided that if more