FX Spot Rate definition

FX Spot Rate means the interbank exchange rate for the fiat currency pair, as such rate is reported at wxx.xxxxxxxxxxxxx.xxx, at approximately the time the Payout Amount (without fees) is available, and in no event more than one hour from such time. Ripple may substitute another data source to provide such rate, in its reasonable discretion.
FX Spot Rate means, at any time, a number equal to the CZK Spot Rate in respect of the CZK Notes, the EUR Spot Rate in respect of the EUR Notes and one in respect of the USD Notes.
FX Spot Rate means, for purposes of (i) converting reais to U.S. dollars (or vice versa) or calculating the U.S. dollar conversion value of amounts in reais (for purposes of determining compliance with any covenants contained, or satisfying any threshold or any other test requiring a conversion value set forth herein), as applicable, or (ii) for purposes of converting any other currency or calculating such other currency's conversion value if permitted hereunder, the spot rate of exchange for the purchase of U.S. dollars with (a) reais (or vice versa, as applicable), which is displayed on Bloomberg's website (xxxx://xxx.xxxxxxxxx.xxx/quote/USDBRL:CUR) or (b) with such other currency (or vice versa) at such page as shall be reasonably agreed by the Administrative Agent, in each case, at 1 p.m. (New York time) as of the date that the conversion (or calculation) is to be made. In the case of any actual conversion at the FX Spot Rate, the term FX Spot Rate shall include appropriate adjustments to accommodate any customary transaction costs incurred by the Offshore Entity consummating the conversion.

Examples of FX Spot Rate in a sentence

  • Settlement on early termination will be specific to the product and will be influenced by a number of factors which include but are not limited to: whether it is an increasing or decreasing foreign ex- change rate environment; the movement of the FX Spot Rate since the transaction Trade Date; the amount affected by the early termination.

  • The rate of exchange shall be the mean value of the British Pound Sterling/US Dollar FX Spot Rate in London first published in the Financial Times on the day for determining such rates.

  • Settlement on early termination will be specific to the product and will be influenced by a number of factors which include but are not limited to: whether it is an increasing or de- creasing foreign exchange rate environment; the movement of the FX Spot Rate since the transaction Trade Date; the amount affected by the early termination.The Early Termination Payment is not a penalty charge.The sum represents the economic value of what UBP would have paid or received if the product continued as agreed.

  • If currency i is EUR/USD or GBP/USD, then Otherwise is the Index Business Day before the first Index Business Day of one of the following Index Disruption Events - (i) an FX Basket Disruption Event with respect to the WMCO 9am UK FX Spot Rate or (ii) a Gold Disruption Event with respect to the LBMA AM Gold Price.

  • FX Spot Rate St ·The FX spot rate St =FOR-DOM is the current exchange rate at the present time t (“today”, “now”,“horizon”) representing the number of units of domestic currency needed to buy one unit of foreign currency.

  • To the extent that any transfers or payments of amounts under this Section 11 will require that amounts in any Current Account denominated in reais or any other currency be converted into U.S. dollars, such amounts shall be converted at the relevant FX Spot Rate.


More Definitions of FX Spot Rate

FX Spot Rate means the BRL/US$ spot exchange rate, expressed as the amount of BRL per one US$, notified by the Bank to the Borrower, which shall reflect the BRL/US$ foreign exchange prevailing market rate.
FX Spot Rate means, in respect of a Constituent "i" and a specified day "x", either:

Related to FX Spot Rate

  • Spot Rate for a currency means the rate determined by the Administrative Agent to be the rate quoted by the Person acting in such capacity as the spot rate for the purchase by such Person of such currency with another currency through its principal foreign exchange trading office at approximately 11:00 a.m. on the date two Business Days prior to the date of such determination; provided that the Administrative Agent may obtain such spot rate from another financial institution designated by the Administrative Agent if the Person acting in such capacity does not have as of the date of determination a spot buying rate for any such currency.

  • Revaluation Date means with respect to any Loan, each of the following: (a) each date of a Borrowing of a Eurocurrency Rate Loan denominated in an Alternative Currency, (b) each date of a continuation of a Eurocurrency Rate Loan denominated in an Alternative Currency pursuant to Section 2.02, and (c) such additional dates as the Administrative Agent shall determine or the Required Lenders shall require.

  • Agent’s Spot Rate of Exchange means the Agent’s spot rate of exchange for the purchase of the relevant currency with the Base Currency in the London foreign exchange market at or about 11:00 a.m. on a particular day.

  • spot rate of exchange shall include any premiums and costs of exchange payable in connection with the purchase of, or conversion into, United States dollars.

  • Spot Price means the rate of exchange at the time at which such price is to be determined for foreign exchange transactions in the relevant Currency Pair for value on the Spot Date, as determined in good faith: (i) by the Seller, for purposes of Section 5, and (ii) by the Non-Defaulting Party, for purposes of Section 8.

  • Spot Exchange Rate has the meaning specified in the related Terms Document.

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

  • FX Rate means the “noon exchange rate” as reported by the Bank of Canada on any relevant date or if applicable, the rate calculated by the Calculation Agent, between the Canadian dollar and the foreign currencies into which some Reference Shares are denominated, expressed as the amount of Canadian dollars per one unit of foreign currency.

  • FX Calculation Date means each day on which FX is published by the Fixing Sponsor. "FX Call Event" means each of the following events:

  • EURIBOR Screen Rate has the meaning assigned to such term in the definition of “Eurocurrency Rate”.

  • CDOR Screen Rate has the meaning assigned to such term in the definition of the term “CDOR Rate”.

  • LIBOR Screen Rate means the LIBOR quote on the applicable screen page the Administrative Agent designates to determine LIBOR (or such other commercially available source providing such quotations as may be designated by the Administrative Agent from time to time).

  • FX Valuation Date means the FX Calculation Date immediately following the respective Valuation Date.

  • Relevant Screen Rate means (a) with respect to any Borrowing denominated in Dollars, the Term SOFR Screen Rate, (b) with respect to any Borrowing denominated in CAD, the CAD Screen Rate, (c) with respect to any Borrowing denominated in Euros, the EURIBO Screen Rate, (d) with respect to any Borrowing denominated in AUD, the AUD Screen Rate and (e) with respect to any Borrowing denominated in JPY, the TIBOR Screen Rate.

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

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

  • Calculation Day means any Index Business Day during the Calculation Period on which a Market Disruption Event has not occurred.

  • Exchange Rate means, in relation to any amount of currency to be converted into U.S. Dollars pursuant to this Agreement, the U.S. Dollar exchange rate as published in the Wall Street Journal on the relevant date of calculation.

  • Adjusted Base Rate means the Base Rate plus the Applicable Percentage.

  • Base Rate Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • available rate of exchange means the rate at which the Creditor Party concerned is able at the opening of business (London time) on the Business Day after it receives the sum concerned to purchase the Contractual Currency with the Payment Currency. This Clause 21.4 creates a separate liability of the Borrower which is distinct from its other liabilities under the Finance Documents and which shall not be merged in any judgment or order relating to those other liabilities.

  • USD-LIBOR-BBA As defined in the Swap Agreement in the Annex to the 2000 ISDA Definitions.

  • Dollar Equivalent of the Foreign Currency has the meaning specified in Section 312(f).

  • Actual QP Rate of Pay means the rate of pay which will be paid to the Agency Worker if and when s/he completes the Qualifying Period, as set out in any variation to the relevant Assignment Details Form;

  • Calculation Date means each day on which the Reference Price is published by the Index Sponsor or the Index Calculation Agent, as the case may be.

  • Reference Rate Determination Date means, in relation to any Reference Rate Business Day(i):