Specified Payment Currency definition

Specified Payment Currency. The term to which the Specified Interest Currency and Specified Principal Currency are referred collectively.
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.

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.

  • In the event all or any portion of a Specified Payment Currency is not convertible into U.S. dollars, Holders of such DTC Registered Debt Securities shall receive payment in the Specified Payment Currency.

  • 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.

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

  • Fxxxxxx 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 V hereof, such payments shall be made in the Specified Payment Currency.

  • Regarding the Redemption Amount, the following additional option may also be selected in the Final Terms: Additional option: Dual Currency Securities: The Redemption Amount is paid in the Specified Payment Currency.

  • Except as provided in Sec- tion 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 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;

  • 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.

  • Party A Currency Amount In respect of each Party A Calculation Period, an amount in Dollars equal to the principal amount outstanding of the Relevant Notes on the first day of such Calculation Period (after taking into account any redemption on such day).

  • First Currency has the meaning specified in Section 1.15.

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

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

  • Second Currency has the meaning specified in Section 14.19.

  • Net Current Assets means for any date of determination the net current assets of such Person at such date of determination calculated as set forth on Exhibit H attached hereto.

  • 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.

  • Base Currency Amount means, in relation to a Loan, the amount specified in the Utilisation Request delivered by a Borrower for that Loan (or, if the amount requested is not denominated in the Base Currency, that amount converted into the Base Currency at the Agent’s Spot Rate of Exchange on the date which is three Business Days before the Utilisation Date or, if later, on the date the Agent receives the Utilisation Request) adjusted to reflect any repayment or prepayment of the Loan.

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

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

  • 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).

  • Specified Dollar Amount means the maximum cash amount per $1,000 principal amount of Notes to be received upon conversion as specified in the Settlement Notice (or deemed specified as provided in Section 14.02(a)(iii)) related to any converted Notes.

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