Settlement Exchange Rate definition

Settlement Exchange Rate means the rate specified as such in the relevant Launch Announcement and Supplemental Listing Document, subject to any adjustment in accordance with Product Condition 4;
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Settlement Exchange Rate means (a) the rate specified as such in the Issue Terms, (b) if no such rate is specified and, subject as referred to in Payout Condition 6.1 above, the rate of exchange appearing on the SER Price Source at the SER Valuation Time on the relevant SER Valuation Date for the exchange of the SER Subject Currency per one unit of the SER Base Currency for settlement on the SER Number of Settlement Days; or (c) if SER Intermediate Currency Requirements are specified as applicable in the Issue Terms and no rate is specified as the Settlement Exchange Rate in the Issue Terms, the rate of exchange appearing on the SER Price Source at the SER Valuation Time on the relevant SER Valuation Date for the exchange of the SER Subject Currency per one unit of the SER Intermediate Currency for settlement on the SER Number of Settlement Days.
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Settlement Exchange Rate means the exchange rate recorded by the BMRS inaccordance with Section V2.1.2;
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Examples of Settlement Exchange Rate in a sentence

  • Holders may calculate the break-even level for their investment in the Put Warrants by using the following formula: Break-even Level =Exercise Level -[(Purchase Price(a) x Exercise Ratio) + Exercise 1Expenses(b)] x Settlement Exchange Rate Multiplier A positive payoff is only attainable if the level of the HSTECH is below the break-even level upon exercise of the Put Warrants.

  • Holders may calculate the break-even level for their investment in the Put Warrants by using the following formula: Break-even Level =Exercise Level -[(Purchase Price(a) x Exercise Ratio) + Exercise 1Expenses(b)] x Settlement Exchange Rate Multiplier A positive payoff is only attainable if the level of the HSI is below the break-even level upon exercise of the Put Warrants.

  • Unless otherwise specified in the Issue Terms, SER Cumulative Events will be deemed to be specified as applicable for the purposes of this Condition (d) if the Settlement Exchange Rate is specified in the Issue Terms as either USD/PEN, USD/CLP or USD/COP.

  • Adjustments 4.1 Market Disruption Events Without limiting Product Condition 3(d), if a Market Disruption Event occurs, the Issuer has the right to adjust the Spot Rate or, if applicable, the Settlement Exchange Rate and/or any other relevant variables accordingly.

  • Holders may calculate the break-even level for their investment in the Call Warrants by using the following formula: Break-even Level =Exercise Level +[(Purchase Price(a) x Exercise Ratio) + Exercise 1Expenses(b)] x Settlement Exchange Rate Multiplier A positive payoff is only attainable if the level of the HSI exceeds the break-even level upon exercise of the Call Warrants.

  • Holders may calculate the break-even level for their investment in the Call Warrants by using the following formula: Break-even Level =Exercise Level +[(Purchase Price(a) x Exercise Ratio) + Exercise 1Expenses(b)] x Settlement Exchange Rate Multiplier A positive payoff is only attainable if the level of the HSTECH exceeds the break-even level upon exercise of the Call Warrants.

  • Holders may calculate the break-even level for their investment in the Put Warrants by using the following formula: Break-even Level =Exercise Level -[(Purchase Price(a) x Exercise Ratio) + Exercise 1Expenses(b)] x Settlement Exchange Rate Multiplier A positive payoff is only attainable if the level of the SP500 is below the break-even level upon exercise of the Put Warrants.

  • After being notified of a new BWC from Airfield Management, broadcast the new BWC over VHF/UHF radio frequencies, and advise aircrews of the BASH Phase II windows (if applicable).

  • Holders may calculate the break-even level for their investment in the Call Warrants by using the following formula: Break-even =LevelExercise + Price(Purchase Price(1) x Exercise Ratio) + Exercise Expenses Settlement Exchange Rate 3.

  • Holders may calculate the break-even level for their investment in the Put Warrants by using the following formula: Break-even Exercise [(Purchase Price(a) x Exercise Ratio) + Exercise Expenses(b)]Level= Price - Settlement Exchange Rate A positive payoff is only attainable if the price of A50CHIN Units is below the break-even level upon exercise of the Put Warrants.


More Definitions of Settlement Exchange Rate

Settlement Exchange Rate. ’ means the exchange rate specified as such in the relevant Supplemental Listing Document;
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Settlement Exchange Rate means (a) the rate specified as such in the Issue Terms, (b) if no such rate is specified and, subject as referred to in Payout Condition 6.1 above, the rate of exchange appearing on the SER Price Source at
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Settlement Exchange Rate. : means the exchange rate recorded by the BMRS in accordance with Section V2.1.2; "Settlement Payment Date": means, in respect of a Settlement Day, the Payment Date in relation to an Initial Settlement Run; "Settlement Period": is defined in Annex X-2; "Settlement Risk": has the meaning given to that term in Section Z5.1.1(a); "Settlement Run": means a determination (in accordance with Section T), in relation to a Settlement Day, of amounts giving rise, on the part of Trading Parties and the NETSO, to a liability to pay to or a right to be paid by the BSC Clearer amounts in respect of Trading Charges in each Settlement Period in that Settlement Day, and of the net credit or debit in respect of such amounts; and where the context requires a reference to a Settlement Run includes the data and information produced by the SAA following such a determination and delivered to the FAA in accordance with Section N; "Settlement": means the determination and settlement of amounts payable in respect of Trading Charges (including Reconciliation Charges) in accordance with the Code (including where the context admits Volume Allocation); "Shared SVA Meter Arrangement": means an arrangement in accordance with Section K2.5.1 under which there is a single SVA Metering System, comprising Half Hourly Metering Equipment, for Exports or (as the case may be) Imports for which two or more Suppliers are responsible; "Shared SVA Metering System": means a SVA Metering System which is for the time being the subject of a Shared SVA Meter Arrangement; "Short Term Operating Reserve" or "STOR": means the balancing service procured by the NETSO as defined in the Procurement Guidelines; "Shortfall Amount": has the meaning given to that term in Section N9.2.3; "Shortfall Creditor": has the meaning given to that term in Section N9.2.2; "Significant Change of Demand" means the point at which, in respect of any Metering System, there is a change of Customer or change in activity at the Metering System such that the Registrant is of the reasonable opinion that such change shall result in the average of the maximum monthly electrical demand in the three months of highest maximum demand in the next twelve months not exceeding 100 kW; "Significant Code Review Conclusions": means the document published by the Authority containing its conclusions in respect of a Significant Code Review; "Significant Code Review Phase": has the meaning given to that term in the Transmission Licence;
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Related to Settlement Exchange Rate

  • Market Exchange Rate means, unless otherwise specified with respect to any Securities pursuant to Section 301, (i) for any conversion involving a currency unit on the one hand and Dollars or any Foreign Currency on the other, the exchange rate between the relevant currency unit and Dollars or such Foreign Currency calculated by the method specified pursuant to Section 301 for the Securities of the relevant series, (ii) for any conversion of Dollars into any Foreign Currency, the noon buying rate for such Foreign Currency for cable transfers quoted in New York City as certified for customs purposes by the Federal Reserve Bank of New York and (iii) for any conversion of one Foreign Currency into Dollars or another Foreign Currency, the spot rate at noon local time in the relevant market at which, in accordance with normal banking procedures, the Dollars or Foreign Currency into which conversion is being made could be purchased with the Foreign Currency from which conversion is being made from major banks located in either New York City, London or any other principal market for Dollars or such purchased Foreign Currency, in each case determined by the Exchange Rate Agent. Unless otherwise specified with respect to any Securities pursuant to Section 301, in the event of the unavailability of any of the exchange rates provided for in the foregoing clauses (i), (ii) and (iii), the Exchange Rate Agent shall use, in its sole discretion and without liability on its part, such quotation of the Federal Reserve Bank of New York as of the most recent available date, or quotations from one or more major banks in New York City, London or other principal market for such currency or currency unit in question, or such other quotations as the Exchange Rate Agent shall deem appropriate. Unless otherwise specified by the Exchange Rate Agent, if there is more than one market for dealing in any currency or currency unit by reason of foreign exchange regulations or otherwise, the market to be used in respect of such currency or currency unit shall be that upon which a nonresident issuer of securities designated in such currency or currency unit would purchase such currency or currency unit in order to make payments in respect of such securities.

  • FX Exchange Rate means the FX Exchange Rate as specified in § 2 of the Product and Underlying Data.

  • Spot Exchange Rate has the meaning specified in the related Terms Document.

  • Applicable Exchange Rate means, with respect to any Contract denominated and payable in Euros or GBPs on any day, the lesser of (a) the applicable currency Dollar spot rate used by the Borrower (as determined by the Collateral Manager) to acquire such currency on the date such Contract is included in the Borrower Collateral and (b) the Applicable Conversion Rate for such currency.

  • Reference Exchange Rate means the exchange rate which is used as the basis to calculate any currency exchange and which is made available by the payment service provider or comes from a publicly available source;

  • Canadian-U.S. Exchange Rate means, on any date, the inverse of the U.S. - Canadian Exchange Rate in effect on such date;

  • Exchange Rate means, in relation to any amount of currency to be converted into U.S. Dollars pursuant to this Agreement, the U.S. Dollar exchange rate as published in the Wall Street Journal on the relevant date of calculation.

  • Prevailing Exchange Rate means, for purposes of translating, as of any date, any amount in a non-U.S. currency to U.S. dollars, the spot mid-rate of exchange between such currencies prevailing as of 4 p.m., New York City time, on such date, as displayed on, or derived from, Bloomberg page “BFIX” (or, if such page is not available, its equivalent successor page) in respect of such currencies. If such rate cannot be determined as provided in the immediately preceding sentence on such date (which, for the purpose of this definition, will be deemed to be the “affected day”), then the Prevailing Exchange Rate for such date will be determined mutatis mutandis but with respect to the immediately preceding day on which such rate can be so determined; provided, however, that, if such immediately preceding day is before the fifth (5th) day before such affected day, or if such rate cannot be so determined, then the Prevailing Exchange Rate will be determined in such other commercially reasonable manner as determined by the Company in good faith.

  • U.S.-Canadian Exchange Rate means, on any date:

  • Settlement Rate has the meaning specified in Section 5.1.

  • Foreign Exchange Rate means for any day that rate for the currency in question as published at 12:00 Eastern Standard Time, by the Bank of Canada in the City of Ottawa.

  • Option Exchange Ratio means the quotient of (i) the Common Per Share Consideration divided by (ii) the Acquirer Stock Price.

  • Daily Exchange Value means, for each of the 20 consecutive Trading Days during the Observation Period, one-twentieth (1/20) of the product of (a) the applicable Exchange Rate and (b) the Daily VWAP of the Common Stock (or the Reference Property, if applicable) on such day.

  • Multi-Exchange Index , if applicable, means each Reference Item specified under the heading "Underlying" in the Product Terms to be a Multi-Exchange Index.

  • Open Market Adjustment Amount shall have the meaning specified in Section 2(I).

  • Settlement Price means the agreed upon price at which to purchase and sell a specified type and quantity of a commodity.

  • Exchange Rate Agent means, with respect to Securities of or within any series, unless otherwise specified with respect to any Securities pursuant to Section 301, a New York Clearing House bank, designated pursuant to Section 301 or Section 313.

  • Resettlement means the impact of an involuntary taking of land under the Project, which taking causes affected persons to have their: (i) standard of living adversely affected; or (ii) right, title or interest in any house, land (including premises, agricultural and grazing land) or any other fixed or movable asset acquired or possessed, temporarily or permanently; or (iii) access to productive assets adversely affected, temporarily or permanently; or (iv) business, occupation, work or place of residence or habitat adversely affected, temporarily or permanently.

  • Relevant Exchangei means the respective Relevant Exchangei as specified in § 2 of the Product and Underlying Data.In the case of a material change in the market conditions at the respective Relevant Exchangei, such as a final discontinuation of the quotation of the respective Basket Componenti at the respective Relevant Exchangei and the quotation at a different stock exchange or considerablyrestricted liquidity, the Relevant Exchangei shall be substituted as the Relevant Exchangei by another exchange that offers satisfactorily liquid trading in the respective Basket Componenti (the "Replacement Exchange"); such exchange shall be determined by the Calculation Agent acting in accordance with relevant market practice and in good faith. In this case, any reference to the Relevant Exchangei in these Terms and Conditions shall from then on be deemed to refer to the Replacement Exchange.

  • Relevant Exchange means the Relevant Exchange as specified in § 2 of the Product and Underlying Data.In the case of a material change in the market conditions at the Relevant Exchange, such as a final discontinuation of the quotation of the Underlying at the Relevant Exchange and the quotation at a different stock exchange or a considerably restricted number or liquidity, the Relevant Exchange shall be substituted as the Relevant Exchange by another exchange that offers satisfactorily liquid trading in the Underlying (the "Substitute Exchange"); such exchange shall be determined by the Calculation Agent acting in accordance with relevant market practice and in good faith. In this case, any reference to the Relevant Exchange in the Terms and Conditions of these Securities shall be deemed to refer to the Substitute Exchange.

  • Early Settlement Rate has the meaning specified in Section 5.9(b).

  • Equity Award Exchange Ratio means the sum, rounded to the four decimal places, equal to (i) the Exchange Ratio, plus (ii) the quotient of (A) the Cash Consideration, divided by (B) the Parent ADS Price.

  • Party B Final Exchange Amount The Sterling equivalent of the Party A Final Exchange Amount converted by reference to the Dollar Currency Exchange Rate.

  • Base Rate Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Daily Settlement Price means the settlement price for a Swap calculated each Business Day by or on behalf of BSEF. The Daily Settlement Price can be expressed in currency, spread, yield or any other appropriate measure commonly used in swap markets.

  • Reset Determination Date means, in respect of the First Reset Period, the second Business Day prior to the First Reset Date and, in respect of each Subsequent Reset Period thereafter, the second Business Day prior to the first day of each such Subsequent Reset Period;