We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Major Currencies definition

Major Currencies means lawful currency of the United Kingdom of Great Britain and Northern Ireland, lawful currency of Japan and Euros.
Major Currencies means US dollar, Euro, Japanese yen, Pound sterling, Australian dollar, Swiss franc, Canadian dollar, Hong Kong dollar, Swedish krona, New Zealand dollar, Singapore dollar, Norwegian krone, Mexican peso, Croatian kuna, Bulgarian lev, Czech koruna, Danish krone, Hungarian forint, Polish zloty and Romanian leu.
Major Currencies means US dollar, Euro, Japanese yen, Pound sterling, Australian dollar, Swiss franc, Canadian dollar, Hong Kong dollar, Swedish krona, New Zealand dollar, Singapore dollar, Norwegian krone, Mexican peso, Croatian kuna, Bulgarian lev, Czech koruna, Danish krone, Hungarian forint, Polish złoty and Romanian leu;

Examples of Major Currencies in a sentence

  • In the case of applications in Major Currencies other than U.S. Dollars or Hong Kong Dollars, contract notes will be issued after receipt of cleared funds and their conversion into U.S. Dollars.

  • Applicants may pay their subscription monies in Hong Kong Dollars, U.S. Dollars or in the relevant currency in which Shares of the Class being subscribed for is denominated by cheque or draft or by telegraphic transfer.Applicants who wish to pay in other Major Currencies should first contact the Company or the Distributor.

  • Notwithstanding anything herein to the contrary, no Revolving Credit Borrowing may be made in a Major Currency if, after giving effect to the making of such Revolving Credit Borrowing, the Equivalent in Dollars of the aggregate amount of outstanding Revolving Credit Advances denominated in Major Currencies, together with the Equivalent in Dollars of the aggregate amount of outstanding Competitive Bid Advances denominated in Foreign Currencies, would exceed $500,000,000.

  • DOLLAR EQUIVALENT VALUE LIMITATION FOR ADVANCES IN MAJOR CURRENCIES: If at any time the dollar equivalent value of all Advances in Major and Alternate Currencies exceeds 110% of $200,000,000 (the "Major Currency Sublimit"), the Borrowers shall make a mandatory prepayment at the end of the respective Interest Periods for such Advances to reduce the dollar equivalent value of all Advances in Major Currencies to 100% of the Major Currency Sublimit.

  • Applications in other Major Currencies will be treated as having been received on the day when receipt of cleared funds is confirmed and the proceeds converted into the applicable currency of denomination of the relevant Class.


More Definitions of Major Currencies

Major Currencies means Dollars, euros, Pounds Sterling, and Japanese Yen.
Major Currencies means United States Dollars, Deutschmarks, Swiss Francs, Japanese Yen, French Francs and Pounds Sterling.
Major Currencies means lawful currency of the United Kingdom of Great Britain and Northern Ireland, lawful currency of Japan and Euros. “Majority Lenders” means at any time Lenders holding at least 51% of the then aggregate principal amount (based on the Equivalent in Dollars
Major Currencies means Dollars, Euro, Australian Dollars, British Pound, Canadian Dollars, Japanese Yen and Swiss Francs and such other currencies that are freely tradeable and convertible to Dollars as may be approved by Administrative Agent in its reasonable discretion.
Major Currencies means lawful currency of the United Kingdom of Great Britain and Northern Ireland, lawful currency of the Federal Republic of Germany, lawful currency of Japan, and lawful currency of the Republic of France.
Major Currencies any one of the currencies of CHF, EUR, STG, JPY and USD, and ‘‘Major Currency’’ shall be construed accordingly; provided that for the purposes of this definition, ‘‘CHF’’ means Swiss Francs, the lawful currency of Switzerland; ‘‘STG’’ means Sterling Pounds, the lawful currency of England; ‘‘JPY’’ means Japanese Yen, the lawful currency of Japan; and ‘‘USD’’ means United States Dollars, the lawful currency of the United States of America.