Same Currencies Contract definition
Same Currencies Contract means, in respect of an Auction Portfolio, a ForexClear Contract that is denominated in the same currencies as the Auction Portfolio Currency Pair;
Quote Currency means the second currency in the Currency Pair which can be bought or sold by the Client for the Base Currency.
Eligible Currency means each currency specified as such in Paragraph 11(a)(ii), if such currency is freely available.
Offshore Currency means any lawful currency (other than dollars) that the relevant Issuing Bank with respect to any Offshore Currency Letter of Credit, in its sole reasonable opinion, at any time determines to be (a) freely traded in the offshore interbank foreign exchange markets, (b) freely transferable and (c) freely convertible into dollars.
Alternative Currency Letter of Credit means a Letter of Credit denominated in an Alternative Currency.
Alternate Currency Letter of Credit means any Letter of Credit denominated in an Alternate Currency.
Alternative Currencies means any currency (other than Dollars) approved by the Administrative Agent and the applicable Issuing Bank.
Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.
Foreign Currency Letter of Credit means a Letter of Credit denominated in a Foreign Currency.
Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank with respect thereto and all respective Lenders of such Facility with respect thereto in their sole discretion and (ii) with respect to any Loan, any currency other than Dollars that is approved in accordance with Section 1.05.
Issue Currency or "SEK" means Swedish Krona. "Launch Date" means 12 January 2022.
Applicable Currency means as to any particular payment or Loan, Dollars or the Alternative Currency in which it is denominated or is payable.
Canadian Dollar means the lawful currency of Canada.
Available Currency means Dollars, Euros and Sterling.
Multicurrency Letters of Credit means Letters of Credit that utilize the Multicurrency Commitments.
Alternative Currency means each of Euro, Sterling, Yen and each other currency (other than Dollars) that is approved in accordance with Section 1.06.
Australian Dollar means the lawful currency of Australia.
Offshore Currency Loan means any Offshore Rate Loan denominated in an Offshore Currency.
Australian Dollars means the lawful currency of Australia.
Reference Currency means the currency specified as such in the applicable Final Terms.
freely usable currency means freely usable currency as defined under the Articles of Agreement of the International Monetary Fund.
Canadian Dollars means the lawful money of Canada.
Special Notice Currency means at any time an Alternative Currency, other than the currency of a country that is a member of the Organization for Economic Cooperation and Development at such time located in North America or Europe.
Foreign Currency LC Exposure means, at any time, the sum of (a) the Dollar Amount of the aggregate undrawn and unexpired amount of all outstanding Foreign Currency Letters of Credit at such time plus (b) the aggregate principal Dollar Amount of all LC Disbursements in respect of Foreign Currency Letters of Credit that have not yet been reimbursed at such time.
Balance Currency means the currency that the trading account is denominated in and all charges including spreads, commissions and swaps, are calculated in that currency.
Foreign Currencies means Agreed Currencies other than Dollars.
Canadian Letter of Credit means a Letter of Credit that is issued pursuant to this Agreement for the account of the Canadian Borrower.