Examples of Interim Currency in a sentence
The “Cash Settlement Amount” means, in respect of every Exercise Amount of Warrants, an amount calculated by the Issuer as equal to the excess of the Closing Level on the Valuation Date over the Strike Level, multiplied by the Index Currency Amount, either converted (if applicable) (i) into the Settlement Currency at the Exchange Rate or, as the case may be, (ii) into Interim Currency at the First Exchange Rate and then converted into the Settlement Currency at the Secondary Exchange Rate.
The “Cash Settlement Amount” means, in respect of every Exercise Amount of Warrants, an amount calculated by the Issuer as equal to the excess of the Strike Level on the Valuation Date over the Closing Level, multiplied by the Index Currency Amount, either converted (if applicable) (i) into the Settlement Currency at the Exchange Rate or, as the case may be, (ii) into Interim Currency at the First Exchange Rate and then converted into the Settlement Currency at the Secondary Exchange Rate.