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For more information visit our privacy policy.Other Currency has the meaning assigned to such term in Section 8.12.
Obligation Currency shall have the meaning assigned to such term in Section 11.18(a).
Fiat Currency means government issued currency that is designated as legal tender in its country of issuance through government decree, regulation or law.
Primary Currency has the meaning specified in Section 9.11(c).
Original Currency has the meaning assigned to such term in Section 2.17.
Party A Currency Amount In respect of each Party A Calculation Period, an amount in Dollars equal to the principal amount outstanding of the Relevant Notes on the first day of such Calculation Period (after taking into account any redemption on such day).
Relevant Currency means the currency specified as such or, if none is specified, the currency in which the Notes are denominated;
Settlement Currency means Pounds sterling ("GBP").
First Currency has the meaning specified in Section 1.15.
Underlying Currency means the Underlying Currency as specified in § 2 of the Product and Underlying Data.
Termination Currency means United States Dollars.
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).
LIBOR Currency means the currency specified on the face hereof as to which LIBOR shall be calculated or, if no currency is specified on the face hereof, United States dollars. “LIBOR Page”
Permitted Currency means (1) the legal tender of any Group of 7 country (or any country that becomes a member of the Group of 7 if such Group of 7 expands its membership) or (2) the legal tender of any country which, as of the date of such change, is a member of the Organization for Economic Cooperation and Development and has a local currency long-term debt rating of either AAA or higher assigned to it by Standard & Poor's, a division of The McGraw-Hill Companies, Inc. or any successor to the rating business thereof, Aaa or higher assigned to it by Moody's Investors Service, Inc. or any successor to the rating business thereof or AAA or higher assigned to it by Fitch Ratings or any successor to the rating business thereof;
Balance Currency means the currency that the trading account is denominated in and all charges including spreads, commissions and swaps, are calculated in that currency.
Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank with respect thereto and all respective Lenders of such Facility with respect thereto in their sole discretion and (ii) with respect to any Loan, any currency other than Dollars that is approved in accordance with Section 1.05.
Agreement Currency has the meaning specified in Section 10.19.
Payment Currency has the meaning given in Clause 21.4;
Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.
Applicable Currency means as to any particular payment or Loan, Dollars or the Alternative Currency in which it is denominated or is payable.
National Currency means the currency, other than the Euro, of a Participating Member State.
Currency Hedge Obligations means, at any time as to any Person, the obligations of such Person at such time that were incurred in the ordinary course of business pursuant to any foreign currency exchange agreement, option or futures contract or other similar agreement or arrangement designed to protect against or manage such Person’s or any of its Subsidiaries’ exposure to fluctuations in foreign currency exchange rates.
Eligible Currency means each currency specified as such in Paragraph 11(a)(ii), if such currency is freely available.
Second Currency has the meaning specified in Section 14.19.
Local Currency Advance means any Advance, denominated in Pounds Sterling, Euro, or any other Agreed Currency which CIF requests the Local Currency Banks to include as a Local Currency and which is reasonably acceptable to the Local Currency Banks, made to CIF pursuant to Sections 2.03A and 2.03B of the Credit Agreement and this Addendum. A Local Currency Advance shall bear interest at the rate specified in Schedule II.
Approved Currency means Dollars and any Alternative Currency.