Relevant FX Date definition

Relevant FX Date means, in respect of each Non-U.S. Dollar Reference Obligation in the Reference Portfolio, the Relevant Date, or if the Relevant FX Rate has been reset on a date occurring after the Relevant Date in respect of such Non-U.S. Dollar Reference Obligation, the most recent date on which the Relevant FX Rate was reset for such Non-U.S. Dollar Reference Obligation in accordance with the provisions of the Credit Default Swap.
Sample 1Sample 2Sample 3
Relevant FX Date means, in respect of a Non-EUR Reference Obligation, the relevant Inclusion Date or, if the Relevant FX Rate has been reset (as provided under Condition 5(e) (FX Reset)) on a date occurring after the relevant Inclusion Date, the most recent date on which the Relevant FX Rate was reset for such Non-EUR Reference Obligation. For the avoidance of doubt, there shall only be one Relevant FX Date in respect of a Non- EUR Reference Obligation at any time.
Sample 1Sample 2
Relevant FX Date means, in respect of each Non-Euro Reference Obligation in the Reference Portfolio, the Closing Date in respect of Reference Obligations included in the Reference Portfolio on the Closing Date, and, in all other cases, the Adjustment Date or, if the Relevant FX Rate has been reset on a date occurring after the Closing Date or the Adjustment Date (as applicable) in respect of such Non-Euro Reference Obligation, the most recent Reset Date for such Non-Euro Reference Obligation in accordance with the provisions of the Calculation Agreement.
Sample 1

Examples of Relevant FX Date in a sentence

  • To the extent the Debit and/or Credit Loss Event Amount Recovery is not denominated in U.S. Dollars, the Credit Loss Event Amount shall be calculated after converting the Debit and/or Credit Loss Event Amount Recovery into U.S. Dollars at the Relevant FX Rate as at the latest preceding Relevant FX Date that occurred prior to the relevant Event Determination Date with respect to the relevant Reference Obligation.

  • Payment Requirement: The lesser of EUR 10,000 and the Defaulted Notional Amount on the date of the relevant Failure to Pay (or in respect of a Reference Obligation denominated in a currency other than EUR, such amount converted into the currency of denomination of the relevant Reference Obligation at the Relevant FX Rate as of the immediately preceding Relevant FX Date (as determined by the Calculation Agent)).

  • If, in respect of a Defaulted Reference Obligation, the Relevant FX Date occurred more than one month prior to the Event Determination Date, the Buyer shall reset the Relevant FX Rate in respect of that Defaulted Reference Obligation by reference to the Relevant FX Rate prevailing on the last day of the calendar month occurring on or immediately preceding the Event Determination Date.

  • With respect to any Defaulted Reference Obligation that is not denominated in EUR, the Defaulted Notional Amount, once determined (on the latest preceding Relevant FX Date that is at least three Business Days prior to the delivery of such Credit Event Notice), will not be subject to change based on changes in the Relevant FX Rate.


More Definitions of Relevant FX Date

Relevant FX Date means any Interest Payment Date, any redemption date, the Maturity Date or any other date as determined by the Calculation Agent as relevant in respect of any payment or delivery obligation of the Issuer under any Notes denominated in Renminbi.
Sample 1
Relevant FX Date means, in respect of a Reference Obligation, the relevant Inclusion Date or, if the Relevant FX Rate has been reset (as provided under Clause 7.4 (FX Resets) of this Deed), the most recent such date. For the avoidance of doubt, there shall only be one Relevant FX Date in respect of a Non-EUR Reference Obligation at any time.
Sample 1

Related to Relevant FX Date

  • Relevant Price or "S(k)" means, in relation to a Fund Interest and any Strategy Calculation Date, the Fund Value per Fund Interest.

  • Relevant Amount means the amount of contributions which would have been required to be made by the relevant employer had such contributions been obligatory under the Central Provident Fund Act in respect of —

  • Relevant Financial Centre Day means a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealings in foreign exchange and foreign currency deposits) in the principal financial centre or centres for the currency in which payment falls to be made (or, in the case of payments which fall to be made in euro, a Euro Business Day or, where such currency is a National Currency Unit (as defined in Condition 9) and the Notes have been redenominated into euro pursuant to Condition 9, the former principal financial centre or centres) and in any other place set out in the Final Terms;

  • Relevant Force Majeure Event means a Force Majeure Event in relation to which an Affected Party is claiming relief under this Clause 17; and

  • Relevant Business Day means a day on which the Trans-European Automated Real-time Gross Settlement Express Transfer payment system which utilises a single shared platform and which was launched on 19 November 2007 (TARGET2) is open for the settlement of payments in EUR.

  • relevant notice means a modification notice, notice of determined requisite adaptations, notice of procedural modification or notice of modification of XXX'x criteria; "requisite adaptations" in relation to specified modifications, means the amendments (including the addition of information) to the provisions in question which are necessary or expedient so as to give full effect to them in the particular circumstances of the case, and "adaptation" shall be construed accordingly; and

  • relevant week means the reduction week or part-week in which the capital in question of which the applicant has deprived himself within the meaning of paragraph 67(1)—

  • Day-ahead Congestion Price means the Congestion Price resulting from the Day-ahead Energy Market.

  • Relevant Amounts means the Outstanding Principal Amounts of the Notes, together with any accrued but unpaid interest and additional amounts (as described in Condition 10 (Taxation)) due on the Notes. References to such amounts will include amounts that have become due and payable, but which have not been paid, prior to the exercise of any Danish Statutory Loss Absorption Powers by the Relevant Resolution Authority;

  • Relevant change means a change that is or might be detrimental to the interests of an insured person in its scope, level, or amount of treatment, benefits payable or increase to the premiums payable.

  • relevant day means any day other than a Saturday, Sunday or a day which is a public holiday at the Postal Address of the receiving party;

  • Relevant Financial Centre means, with respect to any Floating Rate to be determined in accordance with a Screen Rate Determination on an Interest Determination Date, the financial centre as may be specified as such in the relevant Final Terms or, if none is so specified, the financial centre with which the relevant Benchmark is most closely connected (which, in the case of EURIBOR or EONIA, shall be the Euro-zone and in the case of LIBOR, shall be London) or, if none is so connected, Paris.

  • relevant payment means either a student loan or an amount intended for the maintenance of dependants referred to in paragraph 76(7) or both.

  • relevant year means a year commencing at 00:00 hours on 1 April and ending at 23:59 hours on the following 31 March;

  • Original contract price means the award price of the contract; or, for requirements contracts, the price payable for the estimated total quantity; or, for indefinite-quantity contracts, the price payable for the specified minimum quantity. Original contract price does not include the price of any options, except those options exercised at the time of contract award.

  • CSD Business Day means a day on which the Book-Entry Securities System is open in accordance with the regulations of the CSD.

  • Day-ahead Loss Price means the Loss Price resulting from the Day-ahead Energy Market.

  • relevant subsequent week means the reduction week or part-week which includes the day on which the further application or, if more than one further application has been made, the last such application was made.

  • Total Contract Price means the total set out in "Tender Document Form: Contract Prices".

  • FX Transaction means any transaction for the purchase by one party of an agreed amount in one Currency against the sale by it to the other party of an agreed amount in another Currency.

  • existing vessel means a vessel which is not a new vessel;

  • relevant Minister means the Secretary of State or the Minister for the Cabinet Office;

  • Relevant Dealer means, in respect of any Variable Rate Note, the Dealer party to the Programme Agreement referred to in the Agency Agreement with whom the Issuer has concluded or is negotiating an agreement for the issue of such Variable Rate Note pursuant to the Programme Agreement;

  • FX Business Day is any day when (a) Bank’s Foreign Exchange Department is conducting its normal business and (b) the Foreign Currency being purchased or sold by Borrower is available to Bank from the entity from which Bank shall buy or sell such Foreign Currency.

  • Base Day-ahead Scheduling Reserves Requirement means the thirty-minute reserve requirement for the PJM Region established consistent with the Applicable Standards, plus any additional thirty-minute reserves scheduled in response to an RTO-wide Hot or Cold Weather Alert or other reasons for conservative operations. Base Load Generation Resource