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

  • With respect to the Initial Currency Swap Agreement, the Initial Currency Swap Counterparty shall be obligated to pay to the Trust on the Closing Date in lieu of the payments described in clause (A) above, the U.S. Dollar Equivalent Principal Amount of the applicable non-U.S. Dollar currency received by the Trust from the sale of the applicable class of Reset Rate Notes.

  • The Company’s primary business is the development of alternative forms of currency, specifically a currency called IBTIx. IBITx is a dynamic new type of currency exchange which matches new Initial Currency Offerings (ICOs) and those interested in buying those currencies in a single platform for “Offerings” as well as a “free market” trading system for an after market trading of all available Crypto and Virtual Currencies registered on the platform.

  • With respect to the Initial Currency Swap Agreements, the Initial Currency Swap Counterparty shall be entitled to receive on the Closing Date in lieu of secondary market proceeds described in clause (A) above, all applicable non-U.S. Dollar currency proceeds received by the Trust from purchasers of the related Reset Rate Notes (which shall be net of any underwriting commission or discount owing to the Initial Purchasers of such Notes).

  • 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.

  • Copies of the Trust Deed, the Initial Currency Hedge Agreements, the Agency Agreement, the Collateral Management Agreement, the Collateral Administration Agreement, the Collateral Advisory Agreement and the Liquidity Facility Agreement are available for inspection during usual business hours at the principal office of the Trustee (presently at 225 Franklin Street, Boston, Massachusetts 02110) and at the specified offices of the Transfer Agent for the time being.

  • CRA shall (a) cooperate in implementation of the OTC system (b) Implement central and mobile based OTC solution (c) activate OTC lock to route mode during Initial Currency Load (d) acquire, implement and operate the one-time combination dispatch software in route mode (e) make its records(logs) available as necessary to investigate any operational issue or loss.

  • The Trust shall have the power to enter into Derivative Products (including the Initial Currency Swap Agreement and the Interest Rate Cap Agreement) with rating agency approval (or satisfaction of the Rating Confirmation) pursuant to the Indenture at any time or from time to time after the issuance of the Notes.

  • With respect to each Initial Currency Swap Agreement, the related Initial Currency Swap Counterparty shall be obligated to pay to the Trust on the Closing Date, in lieu of the payments described in clause (A) above, the U.S. Dollar Equivalent Principal Amount of the applicable non-U.S. Dollar currency received by the Trust from the sale of the applicable class of Reset Rate Notes.

  • With respect to the Initial Currency Swap Agreements, each applicable Initial Currency Swap Counterparty shall be entitled to receive on the Closing Date in lieu of secondary market proceeds described in clause (A) above, all applicable non-U.S. Dollar currency proceeds received by the Trust from purchasers of the related Reset Rate Notes (which shall be net of any applicable underwriting commission).

  • BeeMine will raise funds in the first stage through multiple Initial Currency Offers (ICO, on the capitalization of beekeeping credits and through "Angel Investors" for the main business.

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 used as a medium of exchange, unit of account, or store of value, which does not have legal tender status recognized by the United States. The term does not include:

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

  • Affected Currency has the meaning assigned to such term in Section 2.13.

  • 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 Offshore Currency in which it is denominated or is payable.

  • 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 currency issued by the relevant body in a country or by a government that is designated as legal tender in its country of issuance through amongst other things, government decree, regulation, or law;

  • 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 and Euros.

  • 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, New Zealand Dollars and 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, and any other currency as the relevant Borrower, each of the relevant Revolving Credit Lenders or the relevant Term Lenders, as the case may be, and the Administrative Agent may agree to from time to time.

  • Approved Currency means each of Dollars and each Alternative 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.