Selected Currency definition

Selected Currency as defined in Section 2.26(g).
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Selected Currency means, with respect to each Eurocurrency Rate ----------------- Borrowing, the currency, which may be U.S. Dollars, Pounds Sterling, Deutsche Marks, French Francs, Danish Kroner, or such currency as may be approved from time to time by the Agent and the Majority Banks, so long as such Selected Currency remains freely transferable and convertible into U.S. Dollars and readily available to banks in the London interbank market, selected by the Company pursuant to Section 2.2 and designated by the Company as such in the Request for Advance for such Borrowing.
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Selected Currency means a currency selected by the Fiscal Agent from among the Component Currencies and the United States dollar;
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Examples of Selected Currency in a sentence

  • The Selected Currency of Eurocurrency Rate Borrowings sought by a Borrower shall be designated by the Borrower in its Request for Advance for such Borrowing.

  • All such funds shall be in U.S. Dollars, in the case of Alternate Base Rate Loans, and in the applicable Selected Currency, in the case of Eurocurrency Rate Loans.

  • Notwithstanding any other provisions of this ------------------ Agreement to the contrary, if there are any Eurocurrency Rate Loans outstanding the Selected Currency of which is not U.S. Dollars, the Agent shall recompute, on and as of the last day of each calendar quarter and on the date of the reduction of the Revolving Credit Facility (each such date, a "RECOMPUTATION DATE"), the U.S. Dollar Equivalent of such Eurocurrency Rate Loans.

  • The Fiscal Agent will notify the Issuer, the Paying Agents or, as the case may be, the Registrar of the Selected Currency and of all rates and amounts determined by it for the purposes of this Condition 9D (from whose respective specified offices such information will be available).

  • Subject to the provisions of this Article 2, each ----------------- Borrower shall have the right to receive the proceeds of Eurocurrency Rate Borrowings in either U.S. Dollars or any other Selected Currency.

  • Notwithstanding any other provisions of this ------------------ Agreement to the contrary, if there are any Eurocurrency Rate Loans outstanding the Selected Currency of which is not U.S. Dollars, the Agent shall recompute, on and as of the last day of each calendar quarter and on the date of the reduction of the Revolving Credit Facility (each such date, a "Recomputation Date"), the U.S. Dollar Equivalent of such Eurocurrency Rate Loans.

  • The currency in which the Instruments are denominated or, if different, payable, as specified in the Pricing Supplement (or, in the case of Instruments to which Condition 9D applies, the Selected Currency (as defined in Condition 9D.02)) (the "Contractual Currency"), is the sole currency of account and payment for all sums payable by the Issuer in respect of the Instruments, including damages.

  • Subject to the provisions of this Article 2, each ------------------ Borrower shall have the right to receive the proceeds of Eurocurrency Rate Borrowings in either U.S. Dollars or any other Selected Currency.


More Definitions of Selected Currency

Selected Currency is defined in Clause 24.2 (Unavailability of ECU/ecu).
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Selected Currency is defined in Clause 22.2;
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Selected Currency means the currency selected by the Borrowers as the currency in which the Banks will issue any LIBO Rate Loan or Bid Loan, which currencies will be limited to Dollars, Deutsche Marks, French Francs, Pounds Sterling and such other currencies as are readily tradeable in the eurocurrency market in London and are agreed to by each of the Banks, which agreement will not be unreasonably withheld or delayed.
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Selected Currency as defined in subsection 1.3(c).
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Related to Selected Currency

  • Designated Currency shall have the same meaning assigned to it in Section 3.12.

  • 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;

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

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

  • Committed Currencies means lawful currency of the United Kingdom of Great Britain and Northern Ireland and Euros.

  • 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).

  • Second Currency has the meaning specified in Section 14.19.

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

  • Agreed Currencies means (i) Dollars, (ii) euro, (iii) Pounds Sterling and (iv) any other currency that is (x) a lawful currency (other than Dollars) that is readily available and freely transferable and convertible into Dollars, (y) available in the London interbank deposit market and (z) agreed to by the Administrative Agent and each of the Lenders.

  • LIBOR Quoted Currency means each of the following currencies: Dollars; Euro; Sterling; Yen; and Swiss Franc; in each case as long as there is a published LIBOR rate with respect thereto.

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

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

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

  • First Currency has the meaning specified in Section 1.15.

  • 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;

  • Non-LIBOR Quoted Currency means any currency other than a LIBOR Quoted Currency.

  • Domestic Currency means the currency specified as such and any successor currency. If no currency is so specified, the Domestic Currency shall be the lawful currency and any successor currency of (i) the relevant Reference Entity, if the Reference Entity is a Sovereign, or (ii) the jurisdiction in which the relevant Reference Entity is organised, if the Reference Entity is not a Sovereign. In no event shall Domestic Currency include any successor currency if such successor currency is the lawful currency of any of Canada, Japan, Switzerland, the United Kingdom or the United States of America or the euro (or any successor currency to any such currency).

  • Payment Currency has the meaning given in Clause 21.4;

  • Other Currency has the meaning specified in Section 1.15.

  • Termination Currency means United States Dollars.

  • Index Currency means USD.

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

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

  • 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.

  • Alternative Currency Daily Rate means, for any day, with respect to any Credit Extension: