Initial FX Rate definition

Initial FX Rate means, with respect to any Collateral Obligation, the Current FX Rate for such Collateral Obligation as at the date on which the Acquisition of such Collateral Obligation has been approved pursuant to the provisions set forth in the Transaction Documents. If the Borrower has Committed to Acquire a Collateral Obligation in more than one lot and/or a Collateral Obligation has been added to the Underlying Portfolio in more than one lot (for example, by Commitments or Acquisitions on separate days), then each lot of such a Collateral Obligation shall be treated as separate Collateral Obligations for purposes of determining the Initial FX Rates therefor.
Initial FX Rate means the FX Rate in respect of the Initial Valuation Date (as defined in the FX Linked Provisions), as determined by the Calculation Agent and subject to adjustment and/or correction in accordance with the Conditions, being, as the date of this Pricing Supplement, 6.9407.
Initial FX Rate means [specify currency] per [specify currency]] 6. (i) Specified Denominations: [ ] (N.B. if N&C Securities must have a minimumdenomination of €100,000 or its equivalent) (Note – where multiple denominations above [€100,000] or equivalent are being used the following sample wording should be followed:

Examples of Initial FX Rate in a sentence

  • Reference Obligation (RO)In respect of any addition of a RO, the ISIN, Effective Date, Reference Entity, RO Currency, Initial Notional Amount, Initial IA Percentage, Initial Factor, Initial FX Rate and Initial Price will be specified in Appendix 1.

  • GSI Exchange Amount On the Effective Date with respect to a Transaction relating to an RO, GSI shall pay to Counterparty an amount in USD with respect to such RO equal to its Initial Notional Amount multiplied by its Offered Price divided by its Initial FX Rate.

  • These comments generally requested the rule for provision to participants and beneficiaries mirror the rule for provision to plans, and suggested this change would reduce costs and burdens associated with delivery.

  • If the Final FX Rate is lower than the Initial FX Rate, this represents a decrease in the value of the US dollar versus the Swedish Krona and the investors will receive a lower redemption amount.

  • If the Final FX Rate is higher than the Initial FX Rate, this represents an increase in the value of the US dollar versus the Swedish Krona and the investors will receive a higher redemption amount.


More Definitions of Initial FX Rate

Initial FX Rate means, with respect to any Local Currency other than the U.S. dollar, the foreign exchange rate of the U.S. dollar into the Local Currency (or, depending on the context, of
Initial FX Rate means INR 70.52 per EUR 1.00 The Issue Price specified above may be more than the market value of the Securities as at the Issue Date, and the price, if any, at which the Dealer or any other person is willing to purchase the Securities in secondary market transactions is likely to be lower than the Issue Price. In particular, where permitted by applicable law, the Issue Price may take into account amounts with respect to commissions relating to the issue and sale of the Securities as well as amounts relating to the hedging ofthe Issuer's obligations under the Securities and secondary market prices may exclude such amountsIf any commissions or fees relating to the issue and sale of the Securities have been paid or are payable by the Dealer to an intermediary, then such intermediary may be obliged to fully disclose to its clients the existence, nature and amount of any such commissions or fees (including, if applicable, by way of discount) as required in accordance with laws and regulations applicable to such intermediary, including any legislation, regulation and/or rule implementing the Markets in Financial Instruments Directive (Directive 2004/39/EC), or as otherwise may apply in any non-EEA jurisdictions Investors in the Securities intending to invest in Securities through an intermediary (including by way of introducing broker) should request details of any such commission or fee payment from such intermediary before making any purchase hereof
Initial FX Rate means the Exchange Rate on the Strike Date;
Initial FX Rate means the Exchange Rate on the First Interest Determination Date;
Initial FX Rate means the Exchange Rate on [insert date];] ["Exchange Rate" has the meaning given to such term in Element
Initial FX Rate means KZT 406.50 per U.S.$ 1.00.
Initial FX Rate means 6.8577. “IRS Termination Amount” means: