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.

  • In the event that the Currency Percentage, Country Percentage and/or Single Obligor Percentage is specified in the applicable Pricing Supplement as being 100 per cent., the Collateral Assets will be comprised solely of Collateral Assets that are denominated in the applicable Restricted Qualifying Currency, solely of Collateral Assets the Obligors in respect of which are incorporated in the applicable Restricted Qualifying Country and/or solely of Collateral Assets of a single Obligor.

  • Interest Rate Hedging Collateral Debt Obligations that are denominated in a Qualifying Currency and Asset Swap TransactionsThe Issuer (or the Collateral Manager on its behalf) may enter into Interest Rate Hedge Transactions from time to time in order to hedge any interest rate mismatch between the Rated Notes and the Collateral Debt Obligations, subject to the receipt of Rating Agency Confirmation in respect thereof and certain other conditions.

  • Qualifying Currency means Euro, USD and such other currency as specified in the relevant Series Prospectus and/or Issue Terms.

  • At the time of writing the report the service employs 125.71 full time equivalents and has a vacancy rate of 5.9% equating to 7.42 fte vacancies.

  • Founded in 1948, Indura S.A. is thelargest independent industrial gas company in South America.

  • Subject to the Eligibility Criteria, the Issuer or the Collateral Manager on its behalf may purchase Collateral Obligations that are denominated in a Qualifying Currency provided that no later than the settlement of the purchase by the Issuer of such Collateral Obligation a Currency HedgeTransaction is entered into in respect of each such Collateral Obligation with a Hedge Counterparty satisfying the applicable Rating Requirement under which the currency risk is reduced or eliminated.

  • 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.

  • Class A-R Euro Advances may be applied in the purchase of Collateral Debt Obligations denominated in a Qualifying Currency, but where the Qualifying Currency is a Non-Euro Qualifying Currency other than Sterling or Dollars, such Collateral Debt Obligation shall be the subject of an Asset Swap Transaction.

  • Non-Euro Qualifying Currency means a Qualifying Currency other than the Euro.


More Definitions of Qualifying Currency

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 Sterling, U.S. Dollars and Euro.
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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 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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Related to Qualifying Currency

  • 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).

  • 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 that is readily available, freely traded, in which deposits are customarily offered to banks in the London interbank market, convertible into Dollars in the international interbank market available to the Lenders in such market and as to which a Dollar Amount may be readily calculated. If, after the designation by the Lenders of any currency as an Agreed Currency, currency control or other exchange regulations are imposed in the country in which such currency is issued, or any other event occurs, in each case with the result that different types of such currency are introduced, such country’s currency is (i) in the determination of the Administrative Agent, no longer readily available or freely traded, or (ii) as to which, in the determination of the Administrative Agent, a Dollar Amount is not readily calculable a “Disqualifying Event”), then the Administrative Agent shall promptly notify the Lenders, the Domestic Borrowers and any applicable Foreign Borrower, and such country’s currency shall no longer be an Agreed Currency until such time as the Disqualifying Event(s) no longer exist, but in any event within five (5) Business Days of receipt of such notice from the Administrative Agent, the Domestic Borrowers or such applicable Foreign Borrower shall repay all Loans in such currency to which the Disqualifying Event applies or convert such Loans into the Dollar Amount of Loans in Dollars, subject to the other terms contained 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 Alternate Currency.

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

  • 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 1.07.

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

  • 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.

  • 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 that:

  • 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.