Linked Currency definition

Linked Currency means the currency into which the Investment Currency may be converted.
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Linked Currency means the currency agreed between the Customer and the Bank to be the alternative currency linked to the Deposit which shall be an Eligible Currency other than the Deposit Currency;
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Linked Currency means, in relation to each Deposit Plus deposit, such currency other than the Deposit Currency selected by the Customer and agreed by the Bank in the relevant Confirmation.
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Examples of Linked Currency in a sentence

  • The Library board has no substantive relationship with the City; it is charged with the responsibility of operating the City and County libraries within the North Brevard District.

  • Linked Currency GL You can capture the GL used for posting the settlement entries in the linked currency.

  • The complete border crossing procedure and an example of the letter of invite are included in Exhibits E and F, respectively, to this chapter, which are included in Appendix A of this SLP.

  • Linked Currency Settlement A/c Here you can specify the settlement account of the linked currency in case if the settlement has to happen in the linked currency at maturity.

  • If, during the Investment Period, the Linked Currency depreciates against the Investment Currency (measured by comparing the Fixing Rate at the Fixing Time on the Fixing Date and the Conversion Rate), the Customer will receive the Final Redemption Amount in the Linked Currency, converted at the Conversion Rate.

  • The Customer may choose an Investment Currency and a Linked Currency and agree the Conversion Rate and the Tenor with the Bank.

  • If, during the Investment Period, the Linked Currency appreciates or remains constant against the Investment Currency (measured by comparing the Fixing Rate at the Fixing Time on Fixing Date and the Conversion Rate), the Customer will receive, for value on the Maturity Date, the Final Redemption Amount in the Investment Currency.

  • The Bank may impose such additional conditions in relation to any Deposit as the Bank thinks fit in respect of the Deposit Currency and/or the Linked Currency, such additional terms to be contained in the relevant Confirmation.2.2 Each Deposit must be of not less than the minimum amount specified by the Bank from time to time.2.3 The terms of each Deposit will be subject to the terms of each separate Confirmation to be issued in respect of each Deposit.

  • If, during the Investment Period, the Linked Currency appreciates or remains constant against the Investment Currency (measured by comparing the Fixing Rate at the Fixing Time on the Maturity Date and the Conversion Rate), you will receive, for value on the Fixing Date, the Principal Amount and the Interest Amount in the Investment Currency (being the original currency of your investment).

  • The value of a weaker Linked Currency and currency depreciation relative to the Investment Currency will and could (depending on the decline in the Linked Currency) be substantially less than that at the time of investment in the CLI.


More Definitions of Linked Currency

Linked Currency means, in relation to each Dual Currency Investment, the Currency in which such Dual Currency Investment including any interest thereon may be repaid by the Bank at its option, as set out in the relevant Transaction Confirmation;
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Linked Currency means in relation to each Investment in Dual Currency Plus, such currency other than the Base Currency selected by the Customer specified as such in the relevant Term Sheet;
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Linked Currency means the currency into which the Premium Deposit Currency of the Premium Deposit may be converted;
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Linked Currency means the foreign currency instructed by the Customer other than the Base Currency. On the Maturity Date, in accordance with the terms and conditions concerning DCI and Indicative Term Sheet and Confirmation Advice, the Bank may pay the Principal Amount and DCI All-In Interest in such instructed currency to the Customer.
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Linked Currency means the currency covered by the Option and agreed between the Bank and the Customer when the relevant CURLD or PPCURLD is placed, and is specified as such in the Confirmation;
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Related to Linked Currency

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

  • Permitted Currency means (1) the legal tender of any Group of 7 country (or any country that becomes a member of the Group of 7 if such Group of 7 expands its membership) or (2) the legal tender of any country which, as of the date of such change, is a member of the Organization for Economic Cooperation and Development and has a local currency long-term debt rating of either AAA or higher assigned to it by Standard & Poor's, a division of The McGraw-Hill Companies, Inc. or any successor to the rating business thereof, Aaa or higher assigned to it by Moody's Investors Service, Inc. or any successor to the rating business thereof or AAA or higher assigned to it by Fitch Ratings or any successor to the rating business thereof;

  • Specified Currency means the currency specified as such hereon or, if none is specified, the currency in which the Notes are denominated.

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

  • 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.

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank with respect thereto and all respective Lenders of such Facility 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.

  • Currency with respect to any payment, deposit or other transfer in respect of the principal of or any premium or interest on or any Additional Amounts with respect to any Security, means Dollars or the Foreign Currency, as the case may be, in which such payment, deposit or other transfer is required to be made by or pursuant to the terms hereof or such Security and, with respect to any other payment, deposit or transfer pursuant to or contemplated by the terms hereof or such Security, means Dollars.