Reference Foreign Exchange Rate definition

Reference Foreign Exchange Rate means, on any date, the USDRUB foreign exchange rate (expressed as the number of RUB per 1 USD) for settlement on the date which falls on two Business Days after that date. The FX Rate shall be the arithmetic average of offer quotations obtained by the Calculation Agent on such date, at or around 11:00 a.m. Moscow time from three major RUB foreign exchange dealers as the Calculation Agent shall select, acting in good faith and in a commercially reasonable manner provided that if the Calculation Agent is not able to obtain any offer quotations on such date, the Calculation Agent shall determine the FX Rate in good faith and in a commercially reasonable manner.
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Reference Foreign Exchange Rate means, on any date, the arithmetic average of exchange rates for the same day purchase of USD for LBP (right hand side) expressed as a number of LBP per USD at or around 11:00 am London on such date as quoted to the Calculation Agent by three major LBP foreign exchange dealers as the Calculation Agent shall, in its sole and absolute discretion select. In the event that three such LBP offer side (right hand side) quotations are not available, then the Reference Foreign Exchange Rate shall be calculated using the average of the offer side (right hand side) quotations obtained (or if only one quotation is available, that quotation). If no such quotations are available, the Calculation Agent shall determine, in its sole and absolute discretion, a settlement price on such date;
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Reference Foreign Exchange Rate means, on any date, the arithmetic average of exchange rates for the same day purchase of USD for KZT (right hand side) expressed as a number of KZT per USD at or around 11:00 am Moscow time on the relevant number of Business Days prior to any payment to be made in accordance with any of the Issue Specific Terms, the General Conditions and / or the Product Terms for these Securities, as quoted to the Calculation Agent by three major KZT foreign exchange dealers as the Calculation Agent may, in its sole and absolute discretion, acting in good faith and in a commercially reasonable manner, select. In the event that three such KZT offer side (right hand side) quotations are not available, then the Reference Foreign Exchange Rate shall be calculated using the average of the offer side (right hand side) quotations obtained (or if only one quotation is available, that quotation). If no such quotations are available, the Calculation Agent shall determine, in its sole and absolute discretion acting in good faith and in a commercially reasonable manner, a settlement price on such date
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Examples of Reference Foreign Exchange Rate in a sentence

  • Gains Student/Trainee trust and respect.obligations (in a compassionate manner).staff, students, and KRI.

  • For the purpose of this clause, the projects denominated in currency other than INR shall be converted to INR using RBI Reference Foreign Exchange Rate as on the date of award of project to Bidder.


More Definitions of Reference Foreign Exchange Rate

Reference Foreign Exchange Rate means, on any date, the arithmetic average of exchange rates for the same day purchase of USD for RUB (right hand side) for settlement on the date which falls on two Business Days after that date, expressed as a number of RUB per USD at or around 11:00 am Moscow time the relevant number of Business Days prior to such settlement, for RUBUSD exchange rate as quoted to the Calculation Agent by three major RUB foreign exchange dealers as the Calculation Agent shall, in its sole and absolute discretion, acting in good faith and in a commercially reasonable manner, select, such RUB being sold pursuant to the regulations governing “Conversion S Accounts” and such rates taking account of that fact and quotations from dealers not able (in law or fact) to deliver RUB pursuant to those regulations not being enforced, and for USDRUB exchange rate using the market rate. In the event that three such RUB offer side (right hand side) quotations are not available, then the Reference Foreign Exchange Rate shall be calculated using the average of the offer side (right hand side) quotations obtained (or if only one quotation is available, that quotation). If no such quotations are available, the Calculation Agent shall determine, in its sole and absolutediscretion, acting in good faith and in a commercially reasonable manner, a settlement price on such date;
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Reference Foreign Exchange Rate means, on any date, the arithmetic average of the exchange rates for the same day purchase of USD for LBP (right hand side) expressed as a number of LBP per USD at or around 11:00 a.m. London time on such date as quoted to the Calculation Agent by three major LBP foreign exchange dealers which the Calculation Agent shall select in its sole and absolute discretion. In the event that fewer than three of the LBP foreign exchange dealers selected by the Calculation Agent provide such offer side (right hand side) quotations, then the Reference Foreign Exchange Rate shall be calculated using the average of the offer side (right hand side) quotations provided (or if only one quotation is provided, that quotation). If none of the three LBP foreign exchange dealers selected by the Calculation Agent provides such a quotation, the Calculation Agent shall determine, in its sole and absolute discretion, a settlement price on such date;
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Reference Foreign Exchange Rate or "RFER" means, on any date, the weighted average of the exchange rates as displayed on Reuters page AFINEX01 (or such other page as may replace that page on that service for the purpose of displaying rates or prices comparable to relevant rate, as determined in the sole and absolute discretion of the Calculation Agent) expressed as a number of KZT per USD at or around 11:00 a.m. Almaty time on such date and the previous two Business Days, provided that if no such quotations are available, the Calculation Agent shall determine, in its sole and absolute discretion, a settlement price on such date;
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Related to Reference Foreign Exchange Rate

  • Foreign Exchange Rate means for any day that rate for the currency in question as published at 12:00 Eastern Standard Time, by the Bank of Canada in the City of Ottawa.

  • U.S.-Canadian Exchange Rate means, on any date:

  • FX Exchange Rate means the FX Exchange Rate as specified in § 2 of the Product and Underlying Data.

  • Reference Exchange Rate means the exchange rate which is used as the basis to calculate any currency exchange and which is made available by the payment service provider or comes from a publicly available source;

  • Canadian-U.S. Exchange Rate means, on any date, the inverse of the U.S. - Canadian Exchange Rate in effect on such date;

  • Foreign Exchange (FX) or “FX-like” Service means a retail service offering which allows FX End Users to obtain Exchange Service from a mandatory local calling area other than the mandatory local calling area where the FX End User is physically located, but within the same LATA as the number that is assigned. FX Service enables particular End Users to avoid what might otherwise be toll calls between the FX End User’s physical location and other End Users in the foreign exchange.

  • Spot Exchange Rate has the meaning specified in the related Terms Document.

  • Market Exchange Rate means, unless otherwise specified with respect to any Securities pursuant to Section 301, (i) for any conversion involving a currency unit on the one hand and Dollars or any Foreign Currency on the other, the exchange rate between the relevant currency unit and Dollars or such Foreign Currency calculated by the method specified pursuant to Section 301 for the Securities of the relevant series, (ii) for any conversion of Dollars into any Foreign Currency, the noon buying rate for such Foreign Currency for cable transfers quoted in New York City as certified for customs purposes by the Federal Reserve Bank of New York and (iii) for any conversion of one Foreign Currency into Dollars or another Foreign Currency, the spot rate at noon local time in the relevant market at which, in accordance with normal banking procedures, the Dollars or Foreign Currency into which conversion is being made could be purchased with the Foreign Currency from which conversion is being made from major banks located in either New York City, London or any other principal market for Dollars or such purchased Foreign Currency, in each case determined by the Exchange Rate Agent. Unless otherwise specified with respect to any Securities pursuant to Section 301, in the event of the unavailability of any of the exchange rates provided for in the foregoing clauses (i), (ii) and (iii), the Exchange Rate Agent shall use, in its sole discretion and without liability on its part, such quotation of the Federal Reserve Bank of New York as of the most recent available date, or quotations from one or more major banks in New York City, London or other principal market for such currency or currency unit in question, or such other quotations as the Exchange Rate Agent shall deem appropriate. Unless otherwise specified by the Exchange Rate Agent, if there is more than one market for dealing in any currency or currency unit by reason of foreign exchange regulations or otherwise, the market to be used in respect of such currency or currency unit shall be that upon which a nonresident issuer of securities designated in such currency or currency unit would purchase such currency or currency unit in order to make payments in respect of such securities.

  • Exchange Rate means, in relation to any amount of currency to be converted into U.S. Dollars pursuant to this Agreement, the U.S. Dollar exchange rate as published in the Wall Street Journal on the relevant date of calculation.

  • Applicable Exchange Rate means, with respect to any Contract denominated and payable in Euros or GBPs on any day, the lesser of (a) the applicable currency Dollar spot rate used by the Borrower (as determined by the Collateral Manager) to acquire such currency on the date such Contract is included in the Borrower Collateral and (b) the Applicable Conversion Rate for such currency.

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

  • Foreign Exchange (FX) means a service whereby calls either originated by or delivered to a customer who has purchased FX service from the state or interstate tariffs of either Party. FX also includes, but is not limited to, FX-like services provided by either Party where calls are originated from and/or delivered to numbers which are assigned to a Rate Center within one local calling area but where the Party receiving the call is physically located outside of that local calling area. FX service can be either interLATA or intraLATA. InterLATA FX, where the originating and receiving parties are physically located in different LATAs, is considered equivalent to FGA and the intercarrier compensation mechanism is the same as FGA. IntraLATA FX, when provided by two or more local exchange carriers “LECs”, is considered a jointly provided service and meet-point billed by those providing it utilizing a mutually agreed to meet-point billing, or meet-point billing like procedure.

  • Dollar Equivalent of the Foreign Currency has the meaning specified in Section 312(f).

  • U.S. Dollar Equivalent means, on any date of determination, (a) with respect to any amount in US Dollars, such amount, and (b) with respect to any amount in any Alternative Currency, the equivalent in US Dollars of such amount, determined by the Administrative Agent pursuant to Section 1.05 using the Exchange Rate with respect to such Alternative Currency at the time in effect under the provisions of such Section.

  • Option Exchange Ratio means the quotient of (i) the Common Per Share Consideration divided by (ii) the Acquirer Stock Price.

  • available rate of exchange means the rate at which the Creditor Party concerned is able at the opening of business (London time) on the Business Day after it receives the sum concerned to purchase the Contractual Currency with the Payment Currency. This Clause 21.4 creates a separate liability of the Borrower which is distinct from its other liabilities under the Finance Documents and which shall not be merged in any judgment or order relating to those other liabilities.

  • Alternative Benchmark Rate means an alternative benchmark or screen rate which is customarily applied in international debt capital markets transactions for the purposes of determining floating rates of interest (or the relevant component part thereof) in the Specified Currency, provided that all determinations will be made by the Independent Adviser in its reasonable discretion.

  • Benchmark Rate means, with respect to any Redemption Date, the rate per annum equal to the annual equivalent yield to maturity or interpolated maturity of the Comparable Benchmark Issue (as defined below), assuming a price for the Comparable Benchmark Issue (expressed as a percentage of its principal amount) equal to the Comparable Benchmark Price for such Redemption Date.

  • Overnight Foreign Currency Rate means, for any amount payable in a Foreign Currency, the rate of interest per annum as determined by the Administrative Agent at which overnight or weekend deposits in the relevant currency (or if such amount due remains unpaid for more than three (3) Business Days, then for such other period of time as the Administrative Agent may elect) for delivery in immediately available and freely transferable funds would be offered by the Administrative Agent to major banks in the interbank market upon request of such major banks for the relevant currency as determined above and in an amount comparable to the unpaid principal amount of the related Credit Event, plus any taxes, levies, imposts, duties, deductions, charges or withholdings imposed upon, or charged to, the Administrative Agent by any relevant correspondent bank in respect of such amount in such relevant currency.

  • Currency exchange means receipt of revenues from the exchange of money of one government for money of another government.

  • ISDA Fallback Rate means the rate that would apply for derivatives transactions referencing the ISDA Definitions to be effective upon the occurrence of an index cessation date with respect to the Benchmark for the applicable tenor excluding the applicable ISDA Fallback Adjustment.

  • Prevailing Exchange Rate means, for purposes of translating, as of any date, any amount in a non-U.S. currency to U.S. dollars, the spot mid-rate of exchange between such currencies prevailing as of 4 p.m., New York City time, on such date, as displayed on, or derived from, Bloomberg page “BFIX” (or, if such page is not available, its equivalent successor page) in respect of such currencies. If such rate cannot be determined as provided in the immediately preceding sentence on such date (which, for the purpose of this definition, will be deemed to be the “affected day”), then the Prevailing Exchange Rate for such date will be determined mutatis mutandis but with respect to the immediately preceding day on which such rate can be so determined; provided, however, that, if such immediately preceding day is before the fifth (5th) day before such affected day, or if such rate cannot be so determined, then the Prevailing Exchange Rate will be determined in such other commercially reasonable manner as determined by the Company in good faith.

  • Alternative Base Rate means the rate that has replaced LIBOR in customary market usage for determining floating interest rates in respect of bonds denominated in Dollars or, if the Independent Financial Adviser or the Issuer (in consultation with the Calculation Agent and acting in good faith and a commercially reasonable manner), as applicable, determines that there is no such rate, such other rate as the Independent Financial Adviser or the Issuer (in consultation with the Calculation Agent and acting in good faith and a commercially reasonable manner), as applicable, determines in its or the Issuer’s sole discretion is most comparable to LIBOR. If the Alternative Base Rate is determined, such Alternative Base Rate shall be the Alternative Base Rate for the remaining Interest Periods.

  • Adjusted Prime Rate A rate per annum equal to the sum of (a) the Prime Rate Margin and (b) the greater of (i) the Prime Rate or (ii) one percent (1%) in excess of the Federal Funds Effective Rate. Any change in the Adjusted Prime Rate shall be effective immediately from and after such change in the Adjusted Prime Rate.

  • Dollar Equivalent Amount means (i) with respect to any amount of Alternate Currency on any day, the equivalent amount in Dollars of such amount of Alternate Currency as determined by the Administrative Agent using the applicable Exchange Rate on such day and (ii) with respect to any amount of Dollars, such amount.

  • Currency Exchange Protection Agreement means, in respect of a Person, any foreign exchange contract, currency swap agreement, currency option or other similar agreement or arrangement designed to protect such Person against fluctuations in currency exchange rates.