Euro Exchange Rate definition

Euro Exchange Rate with respect to US Dollars or Euros on any date, the rate at which US Dollars may be exchanged into Euros, or Euros may be exchanged into US Dollars, as the case may be, as set forth at or about 11:00 A.M., London time, on the Reuters currency page with respect to Euros on the date that is two Business Days prior to the date as of which the exchange computation is made. In the event that such rate does not appear on such Reuters currency page, the Euro 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 Parent Borrower or, in the absence of such agreement, the Euro Exchange Rate shall instead be the spot rate of exchange of the Administrative Agent in the London interbank market or other market where its foreign currency exchange operations in respect of Euros are then being conducted, at or about 11:00 A.M., local time, on the date that is two Business Days prior to the date as of which the exchange computation is made; provided, however, 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 conclusive absent manifest error.

Euro Exchange Rate means "(euro) Exchange Rate" specified in paragraph 7 of the confirmation for the Class A-3 Currency Swap.

Euro Exchange Rate means, as applicable and in relation to any date of determination, (i) the rate of exchange for the conversion of Dollars into Euro (expressed as US$ per EUR 1) displayed on the Bloomberg “FXC” screen at 11.00 a.m. (New York time) on such date (or such other rate of exchange as the Borrower and the Administrative Agent may from time to time agree in writing), or (ii) the Administrative Agent’s spot rate of exchange for such other Specified Currency per Euro in the applicable foreign exchange market.

Examples of Euro Exchange Rate in a sentence

• Forecasting the Euro Exchange Rate Using Vector Error Correction Models.

• Unless otherwise specified herein, for purposes of determining the Euro Equivalent or Specified Currency Equivalent of any amount expressed herein, such equivalent shall be determined by reference to the Euro Exchange Rate as of the relevant date of determination.

• Changes in the fair value of the interest rate swap will be recorded in other income and expense.(d) U.S. Dollar to Euro Exchange Rate ArrangementsIn April 2023, in conjunction with the Term Facility, the Company entered into foreign exchange contracts to fix the U.S. Dollar to Euro exchange rate for a portion of the Term Facility repayments.

• The equity market crash in 1987, the Sterling Pound's exit from the Euro Exchange Rate Mechanism in 1992, the bursting of the bond market bubble in 1994, the Asian markets meltdown in 1997-1998, the 911 terrorists attack in 2001, the SARS outbreak of 2003, the financial crisis of 2007–2008 and the US-China Trade War that began in 2018, have all left their marks in the minds of investors.

• For fiscal 2016, royalties paid under the OEG Agreement were converted and transferred at an average Euro/dollar exchange rate of $1.1053, a decrease of 2.11% from the average Euro/dollar exchange rate of $1.1291 for fiscal 2015.Average Euro Exchange Rate under the OEG Agreement Interest income for fiscal 2016 decreased 51.82% to $4,548 as compared to $9,439 for fiscal 2015 reflecting the reduction in royalty receipts.

More Definitions of Euro Exchange Rate

Euro Exchange Rate means the EUR/GBP exchange rate which will be the ECB EUR/GBP reference rate fixing to 5 (five) decimal places which is published normally at 14:15 CET on a daily basis by the ECB (European Central Bank) on their website at xxxxx://xxx.xxx.xxxxxx.xx/stats/exchange/eurofxref/html/index.en.html. This rate can also be normally accessed on the Reuters screen under the code ECB37 and Bloomberg screen ECB (24).

Euro Exchange Rate has the meaning set forth in Section 5.4(r).

Euro Exchange Rate. ‘ means, in respect of any portion of the A Loan converted into a Euro Loan pursuant to Section 3.06, the rate of exchange of Euro to Dollars available to the Bank on the international foreign exchange market (and notified to the Borrower) two (2) Business Days prior to the applicable Euro Loan Conversion Date.

Euro Exchange Rate means the applicable exchange rate for the conversion of Euros into U.S. Dollars quoted as of the Closing Date by The Wall Street Journal (Eastern Edition).

Euro Exchange Rate means with respect to U.S. Dollars for a particular day, the closing mid-point spot rate of exchange for U.S. Dollars into Euros on such date as published in the London edition of the Financial Times first published thereafter or, where no such rate is published in respect of that currency for such date, at the rate quoted by Bxxxxxxxx as at the close of business in London as at such date;

Euro Exchange Rate means the official Euro Foreign Exchange Reference Rate between central banks within and outside the European System of Central Banks for the conversion of USD into EUR issued and published on a daily basis by the European Central Bank.

Euro Exchange Rate means the “Euro Exchange Rate” specified in the confirmation for the Currency Swap in relation to the Class A-E Notes.