Relevant Exchange Rate definition

Relevant Exchange Rate means the reference exchange rate for the conversion of the relevant currency into the Settlement Currency (or, if no such direct exchange rates are published, the effective rate resulting from the application of rates into and out of one or more intermediate currencies) as the Issuer may determine to be the prevailing spot rate for such exchange.

Relevant Exchange Rate means the foreign exchange rate for exchanging an amount in the First Currency for an amount in the Second Currency, expressed as a number of the First Currency per one of the Second Currency, each as specified in the relevant Pricing Supplement or Drawdown Prospectus. If no such Relevant Exchange Rate appears on either the Relevant Screen Page (or such other page, as may replace that page on that service) or the Fall-Back Screen Page or such other pages as may replace that page on that service at the Relevant Time on the relevant Interest Determination Date, FX Rate shall be determined by the Calculation Agent in its discretion, acting in good faith and in a commercially reasonable manner unless a second alternative fall-back provision is specified in such Pricing Supplement or Drawdown Prospectus.

Relevant Exchange Rate means the reference exchange rate for the conversion of the relevant currency into the Specified Currency (or the effective rate resulting from the application of rates into and out of one or more third currencies) as the Calculation Agent may determine (in its sole and absolute discretion) to be the prevailing spot rate for such exchange.

Examples of Relevant Exchange Rate in a sentence

• Based on the valuation report issued by the Independent Valuer on 15 June 2020, the market value of the Property as at 15 June 2020 was US$9.5 million (equivalent to approximately S$13.1 million applying the Relevant Exchange Rate) (“Valuation Report”).

• In these Conditions Euro Equivalent Principal Amount Outstanding means: (a) in relation to a Note which is denominated in a currency other than euro, the euro equivalent of the Principal Amount Outstanding of such Note ascertained using the Relevant Exchange Rate relating to such Note and (b) in relation to any other Note, the Principal Amount Outstanding of such Note.

• Participants in the Initial Placing may elect to subscribe for Ordinary Shares in US Dollars or Sterling (or such other currency as the Directors may permit) at a price per Ordinary Share equal to the Initial Placing Price (converted into the relevant currency at the Relevant Exchange Rate).

• In order for this Article to apply, the relevant provision of the Index Description needs to make a reference to this Article or to the Relevant Exchange Rate as defined in this Article.

• The same is true of all contract staff who will be engaged to work in or near the School and may come into contact with children during the course of their work.The Group should refuse to engage a person from an agency or employment business if they are unable or unwilling to provide written confirmation of the pre-employment checks that have been undertaken prior to the person taking up the assignment.

More Definitions of Relevant Exchange Rate

Relevant Exchange Rate means the rate of exchange made available by the Monetary Authority of Singapore (established under the Monetary Authority of Singapore Act (Cap. 186)) at which an amount in any currency other than USD may be converted into an amount in USD, as at [].

Relevant Exchange Rate means, with respect to any Eurocurrency Loan denominated in any Approved Currency other than Dollars, the Exchange Rate for the purchase of Dollars with such Approved Currency in effect on the date which is two Business Days prior to the later of (a) the date on which such Loan was first made, or (b) the date on which such Loan was continued, if applicable, pursuant to the terms of this Agreement.

Relevant Exchange Rate means the spot rate of exchange (the closing mid-point) using U.S. dollars for the purchase of one pound sterling in the London foreign exchange market as reported in the Financial Times, London edition, on the next following day for each of the days referred to in the definition of Five Day Average (or otherwise as contemplated herein) and contained in this Agreement, provided that if such rate is less than 1.6 dollars per pound sterling, the Relevant Exchange Rate will be deemed to be 1.6 and if such rate is greater than 2.0 dollars per pound sterling, the Relevant Exchange Rate will be deemed to be 2.0;

Relevant Exchange Rate. ’ means the foreign exchange rate for exchanging an amount in the First Currency for an amount in the Second Currency, expressed as a number of the First Currency per one of the Second Currency.

Relevant Exchange Rate means the rate of exchange used for translating the value of the ecu for the purposes of that System.]

Relevant Exchange Rate has the meaning set forth in Section 2.02(a)(i);

Relevant Exchange Rate means the USD:RMB middle exchange rate last published by China Foreign Exchange Trade System under the authorization of the People’s Bank of China as of the date that is five (5) Business Days prior to the Onshore Payment Date; and