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 the Event Currency into the Non-Event Currency in the Event 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.

Examples of General Inconvertibility in a sentence

  • Relevant Jurisdiction means, in relation to General Inconvertibility, Specific Inconvertibility, General Non-Transferability or Specific Non-Transferability or Nationalisation, the jurisdiction or jurisdictions specified as such in the applicable Conditions Supplement in relation to such event and the expression Relevant Jurisdiction includes any territory or political subdivision thereof.

  • Local Currency means, in relation to General Inconvertibility, Specific Inconvertibility, General Non-Transferability or Specific Non-Transferability, the currency specified as such in relation to such event in the applicable Conditions Supplement and any successor currency as determined by the Calculation Agent.


More Definitions of General Inconvertibility

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 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 respect of a Relevant FX Rate 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.

Related to General Inconvertibility

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  • Vesting Conditions means those conditions established in accordance with Section 8.4 or Section 10.2 of the Plan prior to the satisfaction of which shares subject to a Restricted Stock Award or Restricted Stock Unit Award, respectively, remain subject to forfeiture or a repurchase option in favor of the Company upon the Participant’s termination of Service.

  • Mechanical restraint means any device or object used to limit a student’s movement.

  • Applicable Securities Laws means the applicable securities legislation of each relevant province and territory of Canada, as amended from time to time, the rules, regulations and forms made or promulgated under any such statute and the published national instruments, multilateral instruments, policies, bulletins and notices of the securities commission and similar regulatory authority of each province and territory of Canada.