Initial Currency definition

Initial Currency has the meaning set forth in the definition of “Exchange Rate”.
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Initial Currency means, in relation to each Dual Currency Investment, the currency in which the investment funds are denominated when received by the Bank, as set out in the relevant Transaction Confirmation;
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Examples of Initial Currency in a sentence

  • The Issuer shall not engage in any business other than financing, purchasing, owning, selling and managing the Trust Student Loans and the other assets of the Issuer and related proceeds thereof in addition to entering into the Initial Currency Swap Agreements on the Closing Date and any other Swap Agreements, as applicable, from time to time on the related Reset Date, in the manner contemplated by this Indenture and the other Basic Documents and activities incidental thereto.

Related to Initial Currency

  • Optional Currency means a currency (other than the Base Currency) which complies with the conditions set out in Clause 4.3 (Conditions relating to Optional Currencies).

  • National Currency means the currency, other than the Euro, of a Participating Member State.

  • Original Currency has the meaning assigned to such term in Section 2.17.

  • Virtual currency means a digital representation of value that:

  • Denomination Currency has the meaning specified in Section 14(b).

  • Underlying Currency means the Underlying Currency as specified in § 2 of the Product and Underlying Data.

  • Termination Currency means United States Dollars.

  • Class Currency means the currency in which a Share Class of a Fund is designated as determined by the Directors and disclosed in the Prospectus in relation to such Fund.

  • First Currency has the meaning specified in Section 1.15.

  • Other Currency has the meaning specified in Section 1.15.

  • Applicable Currency means as to any particular payment or Loan, Dollars or the Alternative Currency in which such payment or Loan is denominated or is payable.

  • Domestic Currency means the currency specified as such and any successor currency. If no currency is so specified, the Domestic Currency shall be the lawful currency and any successor currency of (i) the relevant Reference Entity, if the Reference Entity is a Sovereign, or (ii) the jurisdiction in which the relevant Reference Entity is organised, if the Reference Entity is not a Sovereign. In no event shall Domestic Currency include any successor currency if such successor currency is the lawful currency of any of Canada, Japan, Switzerland, the United Kingdom or the United States of America or the euro (or any successor currency to any such currency).

  • Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.

  • Agreed Currency means Dollars or any Alternative Currency, as applicable.

  • Fiat Currency means a currency issued by a country's government or central bank.

  • Party A Currency Amount In respect of each Party A Calculation Period, an amount in Dollars equal to the principal amount outstanding of the Relevant Notes on the first day of such Calculation Period (after taking into account any redemption on such day).

  • Primary Currency has the meaning specified in Section 9.11(c).

  • Balance Currency means the currency that the trading account is denominated in and all charges including spreads, commissions and swaps, are calculated in that currency.

  • Designated Currency shall have the same meaning assigned to it in Section 3.12.

  • Committed Currencies means lawful currency of the United Kingdom of Great Britain and Northern Ireland, lawful currency of The Swiss Federation, lawful currency of Japan, Euro and any other currency requested by the applicable Borrower that can be provided by all Lenders.

  • Contractual Currency has the meaning given in Clause 21.5;

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars, Euros, Pound Sterling, Swiss Francs, Mexican Pesos, Australian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank with respect thereto in their sole discretion and (ii) with respect to any Loan, any currency other than Dollars that is approved in accordance with Section 1.05.

  • Available Currency means Dollars.

  • Approved Currency means each of Dollars and each Alternate Currency.

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

  • Japan Local Currency Advance means any Advance, denominated in Japanese Yen, made to CFKK pursuant to Sections 2.03C and 2.03D of the Credit Agreement and this Addendum. A Japan Local Currency Advance shall bear interest at the rate specified in Schedule II.