Qualifying Currency definition

Qualifying Currency means, at any time, the lawful currency of a Qualifying Country.
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Qualifying Currency means Euro, Sterling, U.S. Dollars, Danish Krone, Norwegian Krone, Swedish Krone, Canadian Dollars, Swiss Francs, Australian Dollars, New Zealand Dollars, Japanese Yen or any other currency in respect of which Rating Agency Confirmation has been received.
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Qualifying Currency means, at any time, the lawful currency of any Qualifying Country. "Rating Agency" means any internationally recognised credit rating agency.
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Examples of Qualifying Currency in a sentence

  • The Notes are denominated in GBP but there is no requirement that the Issuer or the Investment Managers on its behalf acquire Investments that are denominated in GBP provided that they are denominated in Euro or a Qualifying Currency.

  • If Non-Euro Obligations are acquired by the Issuer, the Investment Manager, on behalf of the Issuer, will instruct the Account Bank to open sub-accounts of any of the Accounts in the relevant Non- Euro Qualifying Currency as required.


More Definitions of Qualifying Currency

Qualifying Currency means Euro, Sterling, US Dollars, Swedish Krona, Danish Krone, Norwegian Krone, Swiss Francs or any other currency permitted under the terms of the Class A-1R Note Purchase Agreement or in respect of which Rating Agency Confirmation has been received.
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Qualifying Currency means Euro, Sterling, U.S. Dollars or any other currency in respect of which Rating Agency Confirmation has been received.
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Qualifying Currency means Euro, Sterling, U.S. Dollars, Swedish Krona, Danish Krone, Swiss Francs or any other currency in respect of which Rating Agency Confirmation has been received.
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Qualifying Currency means the lawful currency of:
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Qualifying Currency means Sterling, U.S. Dollars and Euro.
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Related to Qualifying Currency

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

  • Termination Currency means United States Dollars.

  • 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;

  • Eligible Currency means any currency other than Dollars (i) that is readily available, (ii) that is freely traded, (iii) in which deposits are customarily offered to banks in the London interbank market, (iv) that is convertible into Dollars in the international interbank market and (v) as to which a Dollar Equivalent Amount may be readily calculated. If, after the designation by the Revolving Credit Lenders of any currency as an Agreed Currency, (x) currency control or other exchange regulations are imposed in the country in which such currency is issued with the result that different types of such currency are introduced, (y) such currency is, in the reasonable determination of the Administrative Agent, no longer readily available or freely traded or (z) in the reasonable determination of the Administrative Agent, a Dollar Equivalent Amount of such currency is not readily calculable, the Administrative Agent shall promptly notify the Lenders and the Company, and such currency shall no longer be an Agreed Currency until such time as all of the Revolving Credit Lenders agree to reinstate such currency as an Agreed Currency and promptly, but in any event within five Business Days of receipt of such notice from the Administrative Agent, the Borrower shall repay all Loans in such affected currency or convert such Loans into Loans in Dollars or another Agreed Currency, subject to the other terms set forth in Article II.

  • 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).

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

  • Reference Currency means the currency specified as such in the applicable Final Terms.

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

  • 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;

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

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

  • 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).

  • First Currency has the meaning specified in Section 1.15.

  • 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.

  • 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.

  • Alternative Currency means each of Euro, Sterling, Yen and each other currency (other than Dollars) that is approved in accordance with Section 1.06.

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

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

  • Not Domestic Currency means any obligation that is payable in any currency other than the Domestic Currency.

  • Base Currency Amount means, in relation to a Loan, the amount specified in the Utilisation Request delivered by a Borrower for that Loan (or, if the amount requested is not denominated in the Base Currency, that amount converted into the Base Currency at the Agent’s Spot Rate of Exchange on the date which is three Business Days before the Utilisation Date or, if later, on the date the Agent receives the Utilisation Request) adjusted to reflect any repayment or prepayment of the Loan.

  • Index Currency means USD.

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

  • Virtual currency means a digital representation of value used as a medium of exchange, unit of account, or store of value, which does not have legal tender status recognized by the United States. The term does not include:

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

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