Relevant Currency Time definition

Relevant Currency Time means, for any Borrowing in any currency, the local time in the city where the Administrative Agent’s Account for such currency is located.
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Relevant Currency Time means, for any Borrowing in any currency, the local time in the city where the Appropriate Agent's Account for such currency is located.
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Relevant Currency Time means, for any Borrowing in any currency, the local time in the city where the Administrative Agent's Account for such currency is located. "Relevant Governmental Body" means the Board or the Federal Reserve Bank of New York, or a committee officially endorsed or convened by the Board or the Federal Reserve Bank of New York, or any successor thereto. "Replacement Lender" has the meaning specified in Section 10.5. "Required Lenders" means, at any time, Xxxxxxx having Revolving Loan Exposures, outstanding Incremental Term Loans and unused Commitments representing more than 50% of the sum of the total Revolving Loan Exposures, total outstanding Incremental Term Loans and unused Commitments at such time. The Commitments of, and the portion of the Revolving Loan Exposure and Incremental Term Loans held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Lenders. “Required Multicurrency Lenders” means, at any time, Lenders having Multicurrency Revolving Tranche Loan Outstandings and unused Multicurrency Revolving Tranche Loan Commitments representing more than 50% of the total Multicurrency Revolving Tranche Loan Outstandings. The Commitments of, and the portion of the Multicurrency Revolving Tranche Loan Outstandings and Multicurrency Revolving Tranche Loan Commitments held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Multicurrency Lenders.
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Examples of Relevant Currency Time in a sentence

  • Any payments under this Agreement or under any Note which are made later than 12:00 Noon (Relevant Currency Time) shall be deemed to have been made on the next succeeding Business Day.


More Definitions of Relevant Currency Time

Relevant Currency Time means, for any Multicurrency Syndicated Borrowing, the local time in that city in which the FCB Account for such Currency is located.
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Relevant Currency Time means, for any Borrowing in any currency, the local time in the city where the Administrative Agent’s Account for such currency is located. “Replacement Lender” has the meaning specified in Section 11.5. “Required Lenders” means, at any time, Lenders whose Pro Rata Share of the Loans and Unused Commitments exceeds fifty percent (50%) of the total the aggregate outstanding principal amount of the Loans and Unused Commitments; provided, however, that if any Lender shall be an Impacted Lender at such time, there shall be excluded from the determination hereunder at such time, (a) the aggregate principal amount of the Loans made by such Lender and outstanding at such time and (b) such Lender’s Unused Commitment at such time. “Resolution Authority” means an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority.
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Related to Relevant Currency Time

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

  • 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;

  • First Currency has the meaning specified in Section 1.15.

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

  • Payment Currency has the meaning given in Clause 21.4;

  • Component Currency means any currency which, on the Conversion Date, was a component currency of the relevant currency unit.

  • Judgment Currency has the meaning specified in Section 10.19.

  • Agreement Currency has the meaning specified in Section 10.19.

  • Other Currency has the meaning specified in Section 1.15.

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

  • Judgment Currency Conversion Date shall have the meaning assigned to such term in Section 11.18(a).

  • 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).

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

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

  • Second Currency has the meaning specified in Section 14.19.

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

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

  • Index Currency means USD.

  • 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).

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

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

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

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

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

  • Termination Currency means United States Dollars.

  • 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.