Proposed Currency definition

Proposed Currency has the meaning specified in Section 1.08(a).
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Examples of Proposed Currency in a sentence

  • Any failure by a Revolving Lender or an L/C Issuer, as the case may be, to respond to such request within the time period specified in the preceding sentence shall be deemed to be a notification by such Revolving Lender or such L/C Issuer that it refuses to make Eurocurrency Rate Revolving Loans or issue Letters of Credit, as applicable, in the Proposed Currency.

  • Each Revolving Lender (in the case of any such request pertaining to Eurocurrency Rate Loans) or each L/C Issuer (in the case of a request pertaining to Letters of Credit) shall notify the Administrative Agent, not later than 11:00 a.m., ten Business Days after receipt of such request whether it consents, in its sole discretion, to the making of Eurocurrency Rate Revolving Loans or the issuance of Letters of Credit, as the case may be, in the Proposed Currency.

  • Any Revolving Lender that notifies, or is deemed to have notified, the Administrative Agent that it refuses to make Eurocurrency Rate Revolving Loans in a Proposed Currency hereinafter an “AC Declining Lender” with respect to such Proposed Currency.

  • M.: A Proposed Currency System for Academic Peer Review Payments Using the BlockChain Technology.

  • A Proposed Currency System for Academic Peer Re- view Payments Using the Blockchain Technology.” Publications 2017, 5 (3): 19.

  • Hearings and Arguments before the Committee on Banking and Currency of the House of Representatives on Proposed Currency Legislaton, 60th Cong.

  • The Prospect of the Proposed Currency Union on Intra-regional Trade: Southern African Customs Union.Abban, S., 2020.

Related to Proposed Currency

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

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

  • Affected Currency has the meaning assigned to such term in Section 2.13.

  • 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;

  • Agreed Currency means Dollars or any Alternative Currency, as applicable.

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

  • Second Currency has the meaning specified in Section 14.19.

  • Required Currency has the meaning specified in Section 1.16.

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

  • Fiat Currency means currency issued by the relevant body in a country or by a government that is designated as legal tender in its country of issuance through amongst other things, government decree, regulation, or law;

  • Committed Currencies means lawful currency of the United Kingdom of Great Britain and Northern Ireland and Euros.

  • First Currency has the meaning specified in Section 1.15.

  • LIBOR Quoted Currency means each of the following currencies: Dollars; Euro; Sterling; Yen; and Swiss Franc; in each case as long as there is a published LIBOR rate with respect thereto.

  • 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).

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

  • Offshore Currency means any lawful currency (other than dollars) that the relevant Issuing Bank with respect to any Offshore Currency Letter of Credit, in its sole reasonable opinion, at any time determines to be (a) freely traded in the offshore interbank foreign exchange markets, (b) freely transferable and (c) freely convertible into dollars.

  • Issue Currency or "SEK" means Swedish Krona. "Launch Date" means 12 January 2022.

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

  • Judgment Currency has the meaning specified in Section 10.19.

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

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

  • 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 Offshore Currency in which it is denominated or is payable.

  • Available Currency means Dollars, and any other currency as the relevant Borrower, each of the relevant Revolving Credit Lenders or the relevant Term Lenders, as the case may be, and the Administrative Agent may agree to from time to time.

  • Payment Currency has the meaning given in Clause 21.4;

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