General Inconvertibility definition
General Inconvertibility means the occurrence of any event that generally makes it impossible to convert an Alternate Currency into the Base Currency in an Alternate Currency Jurisdiction through customary legal channels.
General Inconvertibility means the occurrence of any event that generally makes it impossible to convert a SER Subject Currency into the SER Base Currency or a SER Subject Currency into the SER Intermediate Currency in a SER Subject Currency Jurisdiction through customary legal channels.
General Inconvertibility means the occurrence of any event that generally makes it impossible to convert the Event Currency into the Non-Event Currency in the Event Currency Jurisdiction through customary legal channels.
More Definitions of General Inconvertibility
General Inconvertibility means the occurrence of any event that generally makes it impossible to convert the currencies in the Underlying FX Rate through customary legal channels for conducting such conversion in the principal financial centre of the Financing Level Currency.
General Inconvertibility means, in relation to an FX Rate, the occurrence of any event that generally makes it impossible or not reasonably practicable to (i) convert the relevant Subject Currency into the relevant Base Currency; or (ii) to convert relevant Reference Currencies for the purpose of determining the Currency Price or any other relevant level or value, as the case may be, in any relevant jurisdiction through customary legal channels.
General Inconvertibility means, in respect of an FX Rate and the related Exchange Rate(s) and as determined by the Calculation Agent, the occurrence of any event that generally makes it impossible or not reasonably practicable to convert any relevant Event Currency into the relevant Non-Event Currency in the relevant Event Currency Jurisdiction through customary legal channels.
General Inconvertibility means the occurrence of any event that generally makes it impossible to convert (a) a Relevant Currency into a Subject Currency through customary legal channels or (b) a Relevant Currency into a Subject Currency at a rate that is at least as favourable as the rate for domestic institutions located in a Relevant Currency Jurisdiction.