Spot FX Rate definition

Spot FX Rate means the spot USD/SAR foreign exchange rate on the relevant date as determined by the Determination Agent.
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Spot FX Rate means the spot foreign exchange rate between USD and Saudi riyal as determined by the Determination Agent
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Spot FX Rate means the spot exchange rate for the purchase of EUR by the relevant currency as at the date falling two Business Days prior to the relevant date.
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Examples of Spot FX Rate in a sentence

  • The Payer may, at its option, procure the release of the Payee Cash Collateral in whole or in part at any time prior to the LC Release Date; provided, that if such release is in part, it shall be in a Dollar equivalent amount (calculated by referenced to the Spot FX Rate) of $1,000,000 or an integral multiple thereof.


More Definitions of Spot FX Rate

Spot FX Rate means on any date of payment or calculation, the spot rate of exchange (at the WMR offer rate) between U.S. Dollars and Sterling as published on Reuters page WMCR at 4pm (London time) on such date.
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Spot FX Rate means the exchange rate for the conversion of Canadian Dollars into U.S. Dollars in the spot market quoted by the Facility Agent, at approximately 11:00 A.M. (Charlotte, North Carolina time) within two Business Days prior to the date on which a computation thereof is required to be made, to major banks in the interbank foreign exchange market for the purchase of U.S. Dollars with Canadian Dollars.
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Spot FX Rate means the spot foreign exchange rate between USD and QAR as determined by the Determination Agent
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Spot FX Rate means 1.5849 U.S. Dollars to 1 GBP.
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Spot FX Rate means, in respect of the notional exchange of one currency to another currency on a day, the applicable WM/Reuters "Closing Spot Rate" as published by The World Markets Company plc in conjunction with Reuters at approximately 4.00 p.m. (London time) on the relevant day or, if such rate is discontinued or unavailable on the relevant day for any reason, such other exchange rate for the relevant currency conversion as the Index Calculation Agent shall determine appropriate by reference to an alternative foreign exchange rate service.
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Related to Spot FX Rate

  • Spot Rate for a currency means the rate determined by the Administrative Agent or the L/C Issuer, as applicable, to be the rate quoted by the Person acting in such capacity as the spot rate for the purchase by such Person of such currency with another currency through its principal foreign exchange trading office at approximately 11:00 a.m. on the date two Business Days prior to the date as of which the foreign exchange computation is made; provided that the Administrative Agent or the L/C Issuer may obtain such spot rate from another financial institution designated by the Administrative Agent or the L/C Issuer if the Person acting in such capacity does not have as of the date of determination a spot buying rate for any such currency; and provided further that the L/C Issuer may use such spot rate quoted on the date as of which the foreign exchange computation is made in the case of any Letter of Credit denominated in an Alternative Currency.

  • FX Rate means the “noon exchange rate” as reported by the Bank of Canada on any relevant date or if applicable, the rate calculated by the Calculation Agent, between the Canadian dollar and the foreign currencies into which some Reference Shares are denominated, expressed as the amount of Canadian dollars per one unit of foreign currency.

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

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

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