Note Currency Equivalent definition

Note Currency Equivalent means in respect to an amount denominated in JPY, such amount and, in respect of an amount denominated in any other currency, an amount determined at the sole and absolute discretion of the Interest Calculation Agent or the Determination Agent or the Calculation Agent under the Charged Agreement (as applicable), to be equal to such amount converted into JPY at the then prevailing exchange rate for converting such currency into JPY for value on the date as of which such amount falls to be determined. Where the amount to be determined relates to Sale Proceeds, the Interest Calculation Agent, Determination Agent and the Calculation Agent under the Charged Agreement shall be entitled to rely on any determinations of the Realisation Agent made in accordance with Paragraph 27(F) in respect of the conversion of such Sale Proceeds into JPY.
Note Currency Equivalent means, with respect to an amount denominated in the Note Currency, such amount and, in respect of an amount denominated in a currency other than the Note Currency, an amount determined by the Interest Calculation Agent or the Determination Agent or the Calculation Agent under the Charged Agreement (as applicable) to be equal to such amount converted into the Note Currency at the rate determined by the Interest Calculation Agent or the Determination Agent or the Calculation Agent under the Charged Agreement (as applicable) to be the prevailing exchange rate for converting such currency into the Note Currency for value on the date as of which the Note Currency Equivalent of such amount falls to be determined.
Note Currency Equivalent means, with respect to an amount denominated in USD, such amount and, in respect of an amount denominated in a currency other than USD, an amount determined by the Calculation Agent or the Determination Agent (as applicable) to be equal to such amount converted into USD at the rate determined by the CalculationAgent or the Determination Agent (as applicable) to be the prevailing exchange rate for converting such currency into USD for value on the date as of which the Note Currency Equivalent of such amount falls to be determined.

Related to Note Currency Equivalent

  • Quote Currency means the second currency in the Currency Pair which can be bought or sold by the Client for the Base Currency.

  • Canadian Dollar means the lawful currency of Canada.