Specified Payment Currency definition

Specified Payment Currency. The term to which the Specified Interest Currency and Specified Principal Currency are referred collectively.
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Specified Payment Currency. In the event a Medium-Term Note is not denominated in U.S. dollars, the currency or currency unit, including composite currencies such as the Euro, in which the principal, premium, if any, and interest with respect to such Note are to be paid.
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Examples of Specified Payment Currency in a sentence

  • Checks in a Specified Payment Currency other than U.S. dollars shall be drawn on a bank office located outside the United States.

  • Xxxxxxx Mac shall have no responsibility for the conversion of the Specified Payment Currency for such DTC Registered Debt Securities into U.S. dollars.

  • Except as provided in Section 2.03(c) and Article VII hereof, such payments shall be made in the Specified Payment Currency.

  • Except as provided in Article VII hereof, such payments shall be made in the Specified Payment Currency.

  • Fxxxxxx Mac shall have no responsibility for the conversion of the Specified Payment Currency for such DTC Registered Debt Securities into U.S. dollars.

  • Freddie Mac shall have no responsibility for the conversion of the Specified Payment Currency for such DTC Registered Debt Securities into U.S. dollars.

  • Discount Notes and Medium-Term Notes shall be issued and must be maintained and transferred in minimum principal amounts of $1,000 and $1,000 increments thereof or the equivalent in any Specified Payment Currency, unless otherwise specified in a Supplemental Agreement.

  • Except as provided in Section 2.03(c) and Article VII hereof , such payments shall be made in the Specified Payment Currency.

Related to Specified Payment Currency

  • Payment Currency has the meaning given in Clause 21.4;

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

  • Fiat Currency means a currency issued by a country's government or central bank.

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

  • Agreement Currency has the meaning specified in Section 10.19.

  • Component Currency means any currency which, on the Conversion Date, was a component currency of the relevant currency unit.

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

  • Judgment Currency has the meaning specified in Section 10.19.

  • First Currency has the meaning specified in Section 1.15.

  • Second Currency has the meaning specified in Section 14.19.

  • Net Current Assets means the net difference between the total current assets and the total current liabilities at 30 June;

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

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

  • 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;

  • Termination Currency means United States Dollars.

  • Other Currency has the meaning specified in Section 1.15.

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

  • Specified Payment means any Investment, incurrence of Indebtedness, Restricted Payment or payment made pursuant to Section 9.12 that in each case is subject to the satisfaction of the Payment Conditions or the RP Conditions.

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

  • 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).