Foreign Currency Exchange Rate definition
Foreign Currency Exchange Rate. The representative exchange rate of the foreign currency published by the Bank of Israel, or any official exchange rate of the foreign currency in relation to Israeli currency that shall supersede the aforesaid representative exchange rate and that shall be applicable at such time with respect to government bonds that are linked to the exchange rate of the foreign currency;
Foreign Currency Exchange Rate means, in respect of any one (1) currency that is to be converted into another currency in accordance with the provisions of this Agreement, the exchange rate as at 12.00 p.m. on the relevant date quoted in Nairobi by the Central Bank of Kenya. Good Industry Practice means generally accepted design, construction, operating or maintenance practices with respect to the roads industry. This covers standards of practice obtained by exercising that degree of skill, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced person seeking in good faith to comply with its contractual obligations, complying with all Applicable Law and engaged in the same type of undertaking and under the same or similar circumstances and conditions. Government Agency means the Government of Kenya and/or any department, division or sub-division of the Government of Kenya or of a County Government, any state organ, Parliament, a County Assembly, any court, tribunal, or any ministry, and includes any commission, department, division, board, contracting authority, parastatal or state corporation, agency or municipal and other local authority or statutory body, owned or under the control of the Government of Kenya or a County Government, as the case may be, and having or appearing to have jurisdiction over all or any part of the Project, this Agreement, any of the Project Documents or any of the Financing Agreements. Handback means satisfaction of the Handback Requirements.
Foreign Currency Exchange Rate means the average of the ask price and the bid price displayed on the Foreign Currency Display Page for: a) where the Foreign Currency is USD, one USD in EUR (i.e. one divided by the average of bid and ask price displayed on the Foreign Currency Display Page); or b) where the Foreign Currency is GBP, one GBP in EUR.
Examples of Foreign Currency Exchange Rate in a sentence
For the purposes of any Provisional Invoice, the actual weighted average CIF Paiton Site price per kilogram of such Qualifying Alternate Coal shall be expressed in Rupiah using the Provisional Invoice Foreign Currency Exchange Rate.
Foreign Currency Exchange Rate Risk In 2001, approximately 15% of our net revenues came from Canada, Spain, Greece and Russia.
The securing against a decrease in the Foreign Currency Exchange Rate where the Payment Exchange Rate is less than the Basic Exchange Rate is to be provided for in the aforesaid Initial Offer Report.
Foreign Currency Exchange Rate Risk -- We hedge risks associated with foreign currency transactions in order to minimize the impact of changes in foreign currency exchange rates on earnings.
More Definitions of Foreign Currency Exchange Rate
Foreign Currency Exchange Rate. ("exchange rate") means a ratio for the exchange of two currencies at a particular point in time.
Foreign Currency Exchange Rate means on any day, with ------------------------------ respect to any Foreign Currency, the rate at which Dollars may be exchanged for such Foreign Currency, as set forth at approximately 11:00 a.m., London time, on such day on the Reuters World Currency Page for such Foreign Currency. In the event that such rate does not appear on any Reuters World Currency Page, the Foreign Currency 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, such Foreign Currency Exchange Rate shall instead be the arithmetic average of the spot rates of exchange of the Administrative Agent in the market when its foreign exchange operations in respect of such Foreign Currency are then being conducted, at or about 10:00 a.m., local time, on such date for the Purchase of such Foreign Currency 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, after consultation with the Parent Borrower, may use any reasonable method it deems appropriate to determine such rate, and such determination shall be conclusive absent manifest error.