Local Currency Amount definition

Local Currency Amount means, in respect of each Note (of the Specified Denomination) subject to an Optional Redemption Notice, an amount in EGP determined by the Calculation Agent in accordance with the following formula (where the BPA and the Number of Notes shall be determined by the Calculation Agent as of the relevant Optional Redemption Valuation Date, as determined by the Calculation Agent):
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Local Currency Amount means, in respect of each Note (of the Specified Denomination) subject to an Optional Redemption Notice, an amount in EGP determined by the Calculation Agent in accordance with the following formula:
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Local Currency Amount means the amount specified in the utilisation request (or, if the amount requested is not denominated in the Local Currency for the relevant Facility), that amount converted into that Local Currency at the Spot Rate adjusted to reflect any repayment, prepayment consolidation or division of the utilisation.
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Examples of Local Currency Amount in a sentence

  • Guaranteed Party Guaranteed Subsidiary Purpose Date Issued Expiry Date Line Amount Local Currency Amount Outstanding Exchange Rate 6/17/2011 US$ Amount Outstanding [*] [*] [*] [*] [*] [ *] [ *] [ *] [ *] [*] = Information redacted pursuant to a confidential treatment request.

  • Reference Number Type Applicant Beneficiary USD Outstanding Amount Currency Local Currency Amount Current Expiration Date 650283 Standby ▇▇▇▇▇▇▇ International, Inc.

  • CURRENCY 3.1 The Bank may at any time recalculate the Local Currency Amount of any utilisation denominated in a Foreign Currency using the Bank's Spot Rate on the Banking Day prior to the date of recalculation.


More Definitions of Local Currency Amount

Local Currency Amount means the amount specified in the utilisation request (or, if the amount requested is not denominated in the Local Currency for the relevant Facility). that amount converted into that Local Currency at the Spot Rate adjusted to reflect any repayment, prepayment, consolidation or division of the utilisation, "Obligor" means each Borrower and any person providing a guarantee of and/or Security Interest for the obligations of any Borrower and/or any other Obligor under the Finance Documents. "Party" means a party to the Agreement. "Personal Information" includes each Obligor's name, address, taxpayer identification number, other form of identification and that of each Obligor's direct or indirect Standard
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