New Currency definition

New Currency is defined in Section 2.12 hereof.
New Currency means any single or unified European lawful currency (whether known as the Euro or otherwise, and whether for the whole European Community or for only several member states).
New Currency means currency expressed in Kwacha and tambala in accordance with the decimal currency system;

Examples of New Currency in a sentence

  • Any Deposit in respect of a Bond denominated in such currency shall be paid into the relevant New Currency Account in accordance with Clause 4.1.

  • The New Currency Swap Provider must sign, and Party B, the Credit Support Provider and the Trust Manager must countersign, an accession as provided for in the Confirmation for the Equivalent-Other Transaction.

  • Alternatively, if an underlying currency is replaced by a New Currency, and one unit of the New Currency has a value equal to 1,000 units of that underlying currency, the Final Exchange Rate would be calculated by using the applicable exchange rate of the New Currency (relative to the applicable base currency) multiplied by 1,000.

  • New Currency.........................................................................

  • Conversely, in the event an Underlying Currency is replaced by a New Currency, the Calculation Agent shall, when determining the Cumulative Return, calculate the applicable Final Exchange Rate by using the Exchange Rate of the New Currency relative to the Base Currency on the Valuation Date, multiplied by the number of units of the applicable Underlying Currency represented by one unit of the New Currency.


More Definitions of New Currency

New Currency means the currency of Australia provided for by the Commonwealth Currency Act;
New Currency means an uncirculated note received from the Bureau of Engraving and Printing (BEP) and paid into circulation.
New Currency means, in relation to any conversion between Relevant Currencies to be made under Clause 9, the Relevant Currency in which the relevant part of the Loan is denominated after conversion.
New Currency is defined in Section 2.5.7.
New Currency is defined in Section 2.5.7. -------------
New Currency is defined in Section 2.11(c) hereof. ------------ ---------------
New Currency has the meaning ascribed thereto in Condition 4. "New Dealer" means any entity appointed as an additional Dealer in accordance with Clause 13 of the Programme Agreement.