RMB Currency Events definition

RMB Currency Events means any one of RMB Illiquidity, RMB Non-Transferability and RMB Inconvertibility;
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RMB Currency Events means, with respect to any Notes where the Relevant Currency is Renminbi, any one of RMB Illiquidity, RMB Non-Transferability and RMB Inconvertibility;
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RMB Currency Events means, with respect to any Notes where the Specified Currency is Renminbi, any one of Illiquidity, Non-Transferability and Inconvertibility;
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Examples of RMB Currency Events in a sentence

  • If RMB Currency Events are specified in the applicable Final Terms and a RMB Currency Event occurs and is continuing on a date for payment of any amount due in respect of any Note or Coupon, the Issuer's obligation to make payment in RMB under the terms of the Notes may be satisfied by payment of such amount in U.S. dollars converted using the Spot Rate for the Rate Calculation Date.

  • Payment in respect of Notes denominated in Renminbi may be made in U.S. Dollars if RMB Currency Events are specified in the applicable Final Terms and a RMB Currency Event occurs.

Related to RMB Currency Events

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

  • Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.

  • Index Currency means USD.

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

  • Alternative Currency means each of Euro, Sterling and each other currency (other than Dollars) that is approved in accordance with Section 1.06.