Initial Spot Rate definition

Initial Spot Rate means the spot rate for conversion of the currency in which the relevant Collateral Securities are denominated, into the Specified Currency, on the date falling two Business Days prior to the date on which the relevant Collateral Securities initially became part of the Charged Assets (being the Issue Date, in the case of the Initial Charged Assets, or the date of Substitution, in the case of any Replacement Collateral Securities), as determined by the Calculation Agent by reference to such sources as the Calculation Agent determines appropriate for the relevant conversion.
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Initial Spot Rate means the spot rate of exchange quoted on the Closing Date for the exchange of Sterling for Euro at 11:00 a.m. (London time) on that date, as specified in the Collateral Management Agreement.
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Initial Spot Rate means 63.60 (expressed as the amount of Local Currency per one USD).
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Examples of Initial Spot Rate in a sentence

  • From and including the Effective Date to and including the Termination Date, Party A will pay to Party B on each Charged Asset Redemption Date, an amount in EUR equal to non-EUR denominated Charged Asset Redemption Proceeds, converted into EUR from the relevant currency at the Initial Spot Rate, as determined by the Calculation Agent.

  • Chaque carte est blistérisée avec une fermeture effectuée soit de façon thermique soit par collage.Deux systèmes sont utilisés pour les cartes blistérisées:- Un seul médicament : un système où l’on retrouve dans tout le blister un seul et unique médicament.

  • Party A will pay to Party B, on each Currency Collateral Securities Redemption Date, an amount in the Specified Currency equal to each Currency Collateral Securities Redemption Amount converted into the Specified Currency at the relevant Initial Spot Rate.

  • For the purposes of such calculation, Class A-R Sterling Advances will be converted into Euro at the Initial Spot Rate.

  • In addition to the Cash Settlement Amount, if any, Party A will pay to Party B on each Currency Collateral Securities Redemption Date, an amount in the Specified Currency equal to each Currency Collateral Securities Redemption Amount converted into the Specified Currency at the relevant Initial Spot Rate.


More Definitions of Initial Spot Rate

Initial Spot Rate means 77.53 (expressed as the amount of Local Currency per one USD).
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Initial Spot Rate means 9825 (expressed as the amount of Local Currency per one USD. Interest Amount" means, in respect of an Interest Payment Date and in respect of each nominal amount of Notes equal to the Calculation Amount, an amount in USD calculated by the Calculation Agent equal to such Note’s pro rata share of the quotient of (i) the Reference Asset Coupon Amount in respect of the Reference Asset Coupon Amount Payment Date immediately preceding such Interest Payment Date (as numerator) and(ii) the Spot Rate (as denominator), subject to adjustment for any Adjustment Amount.
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Initial Spot Rate means 108.60 (expressed as the amount of KES per one USD.
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Initial Spot Rate means €1.00 to £0.6769; €1.00 to US$1.3194; €1.00 to CHF1.5906; €1.00 to DKK7.4554; €1.00 to SEK9.0628; €1.00 to NOK8.1248; and, with respect to any other currency in which a Class A-1R Advance may be drawn under the terms of the Class A-1R Note Purchase Agreement, the rate of exchange specified in the Collateral Management Agreement.
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Initial Spot Rate means 21,005 (expressed as the amount of VND per one USD) ̶ Tranche: USD 1,999,961
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Initial Spot Rate means 21,005 (expressed as the amount of VND per one USD.
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Initial Spot Rate means €1.00 to £0.67365; €1.00 to US$1.3651; €1.00 to CHF 1.6414; €1.00 to DKK 7.4410; €1.00 to SEK 9.2622; €1.00 to NOK 7.9977; €1.00 to JPY 162.30; €1.00 to CAD 1.4542;€1.00 to AUD 1.6055 and €1.00 to SGD 2.0784.
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