Foreign Currency Exchange Agreement definition

Foreign Currency Exchange Agreement means any foreign currency exchange agreement, hedging agreement, cap, collar or similar agreement entered into between one or more Credit Parties and any Lender or an affiliate of any Lender.
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Examples of Foreign Currency Exchange Agreement in a sentence

  • In connection with the Private Foreign Currency Exchange Agreement hereunder, the Parties will provide the each other with the information concerning the designated fiduciary banks originating in writing by each Party and is designated as confidential which the Parties hereby agree to treat as “Confidential Information”.

  • In connection with the Private Foreign Currency Exchange Agreement hereunder, the Parties will provide the each other with the information concerning the designated fiduciary banks originating in writing by each Party, and is designated as confidential which the Parties hereby agree to treat as “Confidential Information”.

  • Administrative Agent shall have the right to accept or reject such agreement as a Facility Foreign Currency Exchange Agreement, such acceptance not to be unreasonably withheld if such agreement satisfies the conditions hereof and would not result in noncompliance with the applicable terms of this Agreement, including without limitation Section 2.1.5(a).

  • For purposes of this Guaranty, any ---------------------- Affiliate of any Lender which is a party to an Interest Rate Contract or Foreign Currency Exchange Agreement with the Borrower or any of its Restricted Subsidiaries shall be deemed to be a "Lender".

  • No Facility Foreign Currency Exchange Agreement shall be entered into if immediately prior to or upon the entering into of such agreement, the aggregate amount of the Facility FX Exposure, plus the outstanding balance of the Advances under the Revolving Credit Facility (including Swingline Advances), plus the Facility Letter of Credit Exposure, would exceed the Revolving Commitment (or, if less at the time in question, the applicable Borrowing Base).

  • If any such accepted agreement is entered into, the applicable FX Lender and AMRESCO shall notify Administrative Agent thereof, and shall provide such information regarding the final terms of the subject Facility Foreign Currency Exchange Agreement as Administrative Agent shall reasonably request.

  • Each FX Lender shall notify Administrative Agent of any termination of a Facility Foreign Currency Exchange Agreement, or of any default or breach thereunder, or at any time that the maximum amount of potential settlement obligations related thereto (or the portion of the Facility FX Exposure attributable thereto) exceeds or is likely to exceed, or is otherwise changed from, the amount previously disclosed to Administrative Agent.

Related to Foreign Currency Exchange Agreement

  • Currency Exchange Protection Agreement means, in respect of a Person, any foreign exchange contract, currency swap agreement, currency option or other similar agreement or arrangement designed to protect such Person against fluctuations in currency exchange rates.

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

  • 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.

  • Foreign Exchange Rate means for any day that rate for the currency in question as published at 12:00 Eastern Standard Time, by the Bank of Canada in the City of Ottawa.

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

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

  • Foreign Currency Equivalent means, with respect to any amount in Dollars, the amount of any Foreign Currency that could be purchased with such amount of Dollars using the reciprocal of the foreign exchange rate(s) specified in the definition of the term “Dollar Equivalent”, as determined by the Administrative Agent.

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

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

  • Foreign Currency Letter of Credit means a Letter of Credit denominated in a Foreign Currency.

  • 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.

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

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

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

  • 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.

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

  • 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.

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

  • Agreed Foreign Currency means, at any time, any of English Pounds Sterling, euro and, with the agreement of each Lender, any other Foreign Currency, so long as, in respect of any such specified Currency or other Foreign Currency, at such time (a) such Currency is dealt with in the London interbank deposit market, (b) such Currency is freely transferable and convertible into Dollars in the London foreign exchange market and (c) no central bank or other governmental authorization in the country of issue of such Currency (including, in the case of the euro, any authorization by the European Central Bank) is required to permit use of such Currency by any Lender for making any Loan hereunder and/or to permit the Borrower to borrow and repay the principal thereof and to pay the interest thereon, unless such authorization has been obtained and is in full force and effect.

  • Overnight Foreign Currency Rate means, for any amount payable in a Foreign Currency, the rate of interest per annum as determined by the Administrative Agent at which overnight or weekend deposits in the relevant currency (or if such amount due remains unpaid for more than three (3) Business Days, then for such other period of time as the Administrative Agent may elect) for delivery in immediately available and freely transferable funds would be offered by the Administrative Agent to major banks in the interbank market upon request of such major banks for the relevant currency as determined above and in an amount comparable to the unpaid principal amount of the related Credit Event, plus any taxes, levies, imposts, duties, deductions, charges or withholdings imposed upon, or charged to, the Administrative Agent by any relevant correspondent bank in respect of such amount in such relevant currency.

  • Equity Commitment Letter has the meaning set forth in Section 5.5(a).

  • Designated Foreign Currency means Euros, Canadian Dollars, British pounds, Australian dollars or any other currency (other than Dollars) approved in writing by the Lenders and that is freely traded and exchangeable into Dollars.

  • Alternate Currency Equivalent means, at any time, with respect to any amount denominated in Dollars, the equivalent amount thereof in the applicable Alternate Currency as determined by the Administrative Agent or the applicable Issuing Bank, 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 Alternate Currency with Dollars.

  • Base Currency Equivalent means, with respect to an amount on a Valuation Date, in the case of an amount denominated in the Base Currency, such Base Currency and, in the case of an amount denominated in a currency other than the Base Currency (the “Other Currency”), the amount of Base Currency required to purchase such amount of the Other Currency at the spot exchange rate determined by the Valuation Agent for value on such Valuation Date.

  • Interest Rate or Currency Protection Agreement of any Person means any forward contract, futures contract, swap, option or other financial agreement or arrangement (including, without limitation, caps, floors, collars and similar agreements) relating to, or the value of which is dependent upon, interest rates or currency exchange rates or indices.