Non-Fiat Currency definition

Non-Fiat Currency means any currency which is not backed by the promise of the government and is not recognized by the Reserve Bank of India as legal tender.

Related to Non-Fiat Currency

  • Fiat Currency means a currency issued by a country's government or central bank.

  • First Currency has the meaning specified in Section 1.15.

  • Relevant Currency means the currency specified as such or, if none is specified, the currency in which the Notes are denominated;

  • Payment Currency has the meaning given in Clause 21.4;

  • Settlement Currency means Pounds sterling ("GBP").

  • Component Currency means any currency which, on the Conversion Date, was a component currency of the relevant currency unit.

  • Primary Currency has the meaning specified in Section 9.11(c).

  • Domestic Currency means the currency specified as such and any successor currency. If no currency is so specified, the Domestic Currency shall be the lawful currency and any successor currency of (i) the relevant Reference Entity, if the Reference Entity is a Sovereign, or (ii) the jurisdiction in which the relevant Reference Entity is organised, if the Reference Entity is not a Sovereign. In no event shall Domestic Currency include any successor currency if such successor currency is the lawful currency of any of Canada, Japan, Switzerland, the United Kingdom or the United States of America or the euro (or any successor currency to any such currency).

  • Agreement Currency has the meaning specified in Section 10.19.

  • Original Currency has the meaning assigned to such term in Section 2.17.

  • Termination Currency means United States Dollars.

  • Other Currency has the meaning specified in Section 1.15.

  • Denomination Currency has the meaning specified in Section 14(b).

  • Optional Currency means a currency (other than the Base Currency) which complies with the conditions set out in Clause 4.3 (Conditions relating to Optional Currencies).

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

  • National Currency means the currency, other than the Euro, of a Participating Member State.

  • 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.

  • Judgment Currency has the meaning specified in Section 10.19.

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

  • Second Currency has the meaning specified in Section 14.19.

  • Approved Currency means each of Dollars and each Alternate Currency.

  • Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.

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

  • Order Form Currency means the currency in which all calculations shall be made on an Initial Order Form or Order Form unless stipulated otherwise herein. The Order Form Currency is determined as the currency being applied in SAP Cloud pricing applicable to the country of residence of the Customer as defined in the Order Form (if not otherwise agreed therein) and may differ from the Payment Currency.

  • Obligation Currency shall have the meaning assigned to such term in Section 11.18(a).

  • Applicable Currency means as to any particular payment or Loan, Dollars or the Alternative Currency in which such payment or Loan is denominated or is payable.