Euro Currency Swap definition

Euro Currency Swap. Agreements: in the event of termination of any Transaction (as defined in the Current Issuer Euro Currency Swap Agreements) under any Current Issuer Euro Currency Swap Agreement, notify the Note Trustee and the Rating Agencies and use its best efforts to enter into a replacement of that Transaction in respect of the Euro Notes (or, as applicable, the relevant class of the Euro Notes) upon terms acceptable to the Rating Agencies and the Note Trustee with a euro currency swap provider whom the Rating Agencies have previously confirmed in writing to the Current Issuer and the Note Trustee will not cause the then-current ratings of the Current Issuer Notes to be downgraded, withdrawn or qualified;
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Examples of Euro Currency Swap in a sentence

  • The Issuer must direct the Euro Currency Swap Provider to pay all amounts denominated in (euro) payable to the Issuer by the Euro Currency Swap Provider under the Euro Currency Swap into the Euro Account or to the Principal Paying Agent on behalf of the Issuer.

  • The Current Issuer Cash Manager shall ensure that a separate record is kept of any amount received from each of the Dollar Currency Swap Provider, the Euro Currency Swap Provider and the Basis Rate Swap Provider pursuant to, respectively, the Dollar Currency Swap Agreements, the Euro Currency Swap Agreements and the Basis Rate Swap Agreement.

  • Base Currency PAO means the Principal Amount Outstanding in sterling of the Notes denominated in sterling and the sterling equivalent of the Principal Amount Outstanding of the USD Notes and the Euro Notes calculated using the USD Currency Swap Rate and the Euro Currency Swap Rate, respectively.

  • The First Issuer Notes are also subject to one or more First Issuer Dollar Currency Swap Agreements and/or the First Issuer Euro Currency Swap Agreement (each as defined in Condition 16).

  • UNDER THE SUPERVISION OF THE PUBLIC WORKS FOREMAN AND THE SHENANGO TOWNSHIP BOARD OF SUPERVISORS, PERFORMS CONSTRUCTION AND MAINTENANCE ACTIVITIES FOR THE PUBLIC WORKS DEPARTMENT.

  • The Series 3 Class B Eighth Issuer Notes shall be redeemed on each Interest Payment Date in an amount equal to the amount (if any) repaid on the corresponding Interest Payment Date in respect of, and pursuant to, the Series 3 Eighth Issuer Term AA Advance of the Eighth Issuer Term AA Advances converted into Euros at the relevant Eighth Issuer Euro Currency Swap Rate.

  • Euro Currency Swap Rate means: (a) in the case of A1c Notes, GBP 1 per EUR 1.4858841010; (b) in the case of M1c Notes, GBP 1 per EUR 1.4861538462; (c) in the case of M2c Notes, GBP 1 per EUR 1.4866666667; and (d) in the case of B1c Notes, GBP 1 per EUR 1.4857142857.

  • The Eighth Issuer may apply any early termination payment received from the relevant Dollar Currency Swap Provider or Euro Currency Swap Provider, for such purpose.

  • Amounts received from the relevant Euro Currency Swap Provider will be applied to pay amounts due to the holders of the relevant classes of Series 3 Ninth Issuer Notes in accordance with the Ninth Issuer Pre-Enforcement Priority of Payments or, as the case may be, the Ninth Issuer Post-Enforcement Priority of Payments.

  • The Series 3 Class C Eighth Issuer Notes shall be redeemed on each Interest Payment Date in an amount equal to the amount (if any) repaid on the corresponding Interest Payment Date in respect of, and pursuant to, the Series 3 Eighth Issuer Term BBB Advance of the Eighth Issuer Term BBB Advances converted into Euros at the relevant Eighth Issuer Euro Currency Swap Rate.

Related to Euro Currency Swap

  • 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.

  • 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.

  • 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.

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

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

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars, Euros, Pound Sterling, New Zealand Dollars and 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.

  • Quote Currency means the second currency in the Currency Pair which can be bought or sold by the Client for the Base Currency.

  • 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).

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

  • 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.

  • 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.

  • Alternative Currency means each of Euro, Sterling, Yen and each other currency (other than Dollars) that is approved in accordance with Section 1.06.

  • 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 Swap Agreement means any currency swap agreement, including all schedules and confirmations thereto, entered into by the Issuer and the Currency Swap Counterparty, as the same may be amended, supplemented, renewed, extended or replaced from time to time.

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

  • Foreign Currency Hedge means any foreign exchange transaction, including spot and forward foreign currency purchases and sales, listed or over-the-counter options on foreign currencies, non-deliverable forwards and options, foreign currency swap agreements, currency exchange rate price hedging arrangements, and any other similar transaction providing for the purchase of one currency in exchange for the sale of another currency.

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

  • Alternate Currency Loan means any Loan denominated in an Alternate Currency.

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

  • Issue Currency or "SEK" means Swedish Krona. "Launch Date" means 12 January 2022.

  • Alternative Currency Loan means an Alternative Currency Daily Rate Loan or an Alternative Currency Term Rate Loan, as applicable.

  • Foreign Currency means any currency other than the currency of Kenya;

  • Foreign Currency Sublimit means $100,000,000.

  • 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).

  • Foreign Currency LC Exposure means, at any time, the sum of (a) the Dollar Amount of the aggregate undrawn and unexpired amount of all outstanding Foreign Currency Letters of Credit at such time plus (b) the aggregate principal Dollar Amount of all LC Disbursements in respect of Foreign Currency Letters of Credit that have not yet been reimbursed at such time.