Secondary Currency definition

Secondary Currency is defined in Section 12.15.
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Secondary Currency or “Quote Currency” means the currency agreed by the Contracting Parties and recorded in the Confirmation as the currency other than the Base Currency in Conversion.
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Secondary Currency means Mexican pesos;
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Examples of Secondary Currency in a sentence

  • If a Redemption Barrier Event has occurred, the Final Redemption Amount will be denominated in the Secondary Currency.

  • If “Secondary Currency Redemption Amount” or “Forward Rate” is specified to apply in the relevant Final Terms, an investor may obtain a lower Redemption Amount than if a spot conversion rate were used for the purposes of converting the Specified Currency into the Secondary Currency.

  • If a Redemption Barrier Event has occurred, the Redemption Amount will be denominated in the Secondary Currency.

  • All payments must be made for value on the Settlement Date, in the Secondary Currency and in immediately available, freely transferable and freely convertible funds by credit to the account of the recipient specified by it for such purposes.

  • Urea treatment improved the nutritive value of chickpea, faba bean and lentil straw.

  • Following receipt of the consent of the Required [USD] [Primary Currency] [Secondary Currency] Lenders, the Administrative Agent, for the benefit of the Lenders, has caused the same to be accepted by its authorized officer, as of the day and year first above written.

  • Accordingly, the OCA urges the Commission to direct Duquesne to conduct a thorough cost/benefit analysis in accordance with the recommendations of OCA witness Mudd.

  • The Administrative Agent hereby notifies Borrowers and the [USD] [Primary Currency] [Secondary Currency] Lenders that effective as of the date hereof shall be a Designated Borrower and may receive [USD] [Primary Currency] [Secondary Currency] Revolving Loans for its account on the terms and conditions set forth in the Credit Agreement.

  • For certain Notes, the Issuer must redeem the principal, pay interest or any other amount due on the Notes either (i) in the Specified Currency (as defined in the relevant Final Terms), or (ii) in the case of Dual Currency Notes in a Secondary Currency (as specified in the relevant Final Terms) or (iii) a replacement currency in the event of redenomination of the Specified Currency into euro (the “Redenomination Currency”).

  • Moreover, the authorities of the country governing the Specified Currency (or, as applicable, the Secondary Currency or the Redenomination Currency) or Investor’s Currency may impose or modify exchange controls.


More Definitions of Secondary Currency

Secondary Currency means any currency other than a Primary Currency.
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Secondary Currency means the currency agreed by the Buyer and Seller as that which, under the Notional Forward, would notionally be exchanged for the Primary Currency.
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Related to Secondary Currency

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

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

  • 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;

  • Other Currency has the meaning specified in Section 1.15.

  • First Currency has the meaning specified in Section 1.15.

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

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

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

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

  • Payment Currency has the meaning given in Clause 21.4;

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

  • Not Domestic Currency means any obligation that is payable in any currency other than the Domestic Currency.

  • Second Currency has the meaning specified in Section 14.19.

  • 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).

  • Agreement Currency has the meaning specified in Section 10.19.

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

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

  • Agreed Currency means Dollars or any Alternative Currency, as applicable.

  • Termination Currency means United States Dollars.

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

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars, Euros, Pound Sterling, New Zealand Dollars and Australian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank 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.

  • Permitted Currency means (1) the legal tender of any Group of 7 country (or any country that becomes a member of the Group of 7 if such Group of 7 expands its membership) or (2) the legal tender of any country which, as of the date of such change, is a member of the Organization for Economic Cooperation and Development and has a local currency long-term debt rating of either AAA or higher assigned to it by Standard & Poor's, a division of The McGraw-Hill Companies, Inc. or any successor to the rating business thereof, Aaa or higher assigned to it by Moody's Investors Service, Inc. or any successor to the rating business thereof or AAA or higher assigned to it by Fitch Ratings or any successor to the rating business thereof;

  • Applicable Currency means, as to any particular payment or Loan, Dollars or the Offshore Currency in which it is denominated or is payable.

  • Class Currency means the currency in which a Share Class of a Fund is designated as determined by the Directors and disclosed in the Prospectus in relation to such Fund.

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

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