Foreign Exchange Reserve definition

Foreign Exchange Reserve has the meaning set forth in Section 2.1.3 herein.

Foreign Exchange Reserve means, as of any date of determination, a ------------------------ reserve for foreign currency exchange rate risk with respect to the Eligible Accounts in such amount as shall be determined by Lender in its Permitted Discretion from time to time on or after the Closing Date.

Foreign Exchange Reserve means an amount equal to ten percent (10%) of the Dollar equivalent of all of Borrower's outstanding Currency Obligations.

Examples of Foreign Exchange Reserve in a sentence

The initial Foreign Exchange Reserve Percentage shall be ten percent (10%).
The “FX Amount” shall equal the amount determined by multiplying (i) the aggregate amount, in United States Dollars, of FX Contracts between Borrower and Bank remaining outstanding as of any date of determination by (ii) the applicable Foreign Exchange Reserve Percentage as of such date.
The “FX Amount” shall equal the amount determined by multiplying (A) the aggregate amount, in United States Dollars, of FX Contracts between Borrower and Bank remaining outstanding as of any date of determination by (B) the applicable Foreign Exchange Reserve Percentage as of such date.
SBP publishes its Foreign Exchange Reserve through “International Reserves and Foreign Currency Liquidity Template” on monthly basis.
The “FX Amount” shall equal the amount determined by multiplying (A) the aggregate amount, in United States Dollars, of FX Contracts between a Borrower and Bank remaining outstanding as of any date of determination by (B) the applicable Foreign Exchange Reserve Percentage as of such date.

Foreign Exchange Reserve means the amount as determined by Bank from time to time in accordance with Bank’s credit policies to be the Bank’s credit exposure to Borrower under foreign exchange contracts with Borrower.

Foreign Exchange Reserve is defined in Section 2.1.3.

Foreign Exchange Reserve means all reserves which the Lender from time to time establishes in its Permitted Discretion with respect to Foreign Exchange Obligations of the Borrower. As of the date hereof, the Foreign Exchange Reserve is $455,130.00.

Foreign Exchange Reserve means, as of any date of determination thereof, a reserve for foreign currency exchange rate risk with respect to the Foreign Accounts in such amount as shall be determined by Foothill in its Permitted Discretion from time to time, which amount shall initially be established at an amount equal to 5% of the amount of Borrower's Foreign Accounts outstanding at any time.

Foreign Exchange Reserve means a reserve equal to the sum of: (a) five percent (5%) of the notional amount of all Foreign Exchange Transactions in $ Canadian, plus (b) a percentage of the notional amount of all Foreign Exchange Transactions outstanding, as determined by the Agent in its reasonable discretion, for (i) currency other than $ Canadian, or (ii) Foreign Exchange Transactions greater than 90 days; plus (c) on any Business Day, the amount of the settlement risk on the next Business Day less any amounts deposited by Borrower with Agent on account of such settlement risk at least one Business Day before such settlement day, provided, however, that such reserve on account of this clause (c) shall not exceed $5,000,000 on any Business Day; plus (d) a reserve to be established on the day a Foreign Exchange Transaction is entered into in an amount by which such settlement risk relating to such Foreign Exchange Transaction exceeds $5,000,000.

Foreign Exchange Reserve means, as of any date of determination, a reserve for foreign currency exchange rate risk with respect to the Eligible Foreign Accounts in such amount as shall be determined by Agent in its Permitted Discretion from time to time.

Foreign Exchange Reserve has the meaning set forth in Section 0 herein.