Underlying Exchange Rate definition

Underlying Exchange Rate means the Underlying Exchange Rate specified in the Table as displayed on the Price Source.If on the relevant date and time the Underlying Exchange Rate is not displayed on the Price Source, such rate will be determined on the reasonable discretion of the Determination Agent pursuant to §317 BGB and in consideration of the relevant capital market practice and by acting in good faith.
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Underlying Exchange Rate means the Underlying Exchange Rate specified in the Table as displayed on the Price Source.
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Underlying Exchange Rate. Means the rate of exchange between the Relevant Underlying Currency and the Financing Level Currency quoted on the Underlying Exchange Rate Price Source on any day
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Examples of Underlying Exchange Rate in a sentence

  • For that purpose, the Determination Agent shall request at least four independent leading dealers, selected by the Determination Agent (the "Reference Dealers") in the underlying market for the Underlying Exchange Rate.

  • If the Underlying Exchange Rate is in the Conversion Range, the Investment Amount converted into the Alternate Currency at Strike Rate.

  • If the Underlying Exchange Rate is not in the Conversion Range, the Investment Amount.

  • Wie in der obenstehenden Tabelle in Bezug auf die Wertpapiere mit dem maßgeblichen Kurznamen spezifiziert.7.An Indication where information about the past and the future performance of the Underlying Exchange Rate and its volatility can be obtained:As specified in the table below after Section 4a of the Terms and Conditions relating to the Securities with the relevant ISIN under "Underlying Exchange Rate".

  • Wie in der obenstehenden Tabelle in Bezug auf die Wertpapiere mit dem maßgeblichen Kurznamen spezifiziert.8.An Indication where information about the past and the future performance of the Underlying Exchange Rate and its volatility can be obtained:As specified in the table below after Section 4a of the Terms and Conditions relating to the Securities with the relevant ISIN under "Underlying Exchange Rate".

  • Wie in der obenstehenden Tabelle in Bezug auf die Wertpapiere mit der maßgeblichen WKN spezifiziert.8.An Indication where information about the past and the future performance of the Underlying Exchange Rate and its volatility can be obtained:As specified in the table below after Section 4a of the Terms and Conditions relating to the Securities with the relevant ISIN under "Underlying Exchange Rate".

  • It should be noted that the costs resulting from the overnight rate and the per annum rate (related to the IC Rate) are multiplied by the Factor and Factor minus 1 (for Underlying Exchange Rate Multiple Long), respectively, and therefore they are higher, the higher the Factor.

  • The Underlying Exchange Rate Behavior‌The results so far show that the excess currency returns have interesting, non-monotonic dynamics, however, it is not clear whether they are due to predictable cyclical patterns in the interest rate differential or in the exchange rate.


More Definitions of Underlying Exchange Rate

Underlying Exchange Rate means the Underlying Exchange Rate specified in the Table as displayed on the Price Source.If on the relevant date and time the Underlying Exchange Rate is not displayed on the Price Source, such rate will be determined on the reasonable discretion of the Determination Agent pursuant to §317 BGB and in consideration of the relevant capital market practice and by acting in good faith.Gläubigern von der Emittentin gemäß §12 unverzüglich nach deren Bestimmung mitgeteilt. In der Mitteilung ist zudem das Wirksamkeitsdatum für den Alternativen Referenzzinssatz für die Maßgebliche Währung und alle Anpassungen zu bestätigen.Ungeachtet sonstiger Ausführungen in dieser Bestimmung gilt: Sofern die Festlegungsstelle festlegt, dass die Auswahl eines bestimmten Index, einer bestimmten Benchmark oder einer anderen Preisquelle als "Alternativer Referenzzinssatz für die Maßgebliche Währung" (unter Berücksichtigung aller notwendigen Anpassungen, die in Übereinstimmung mit dieser Bestimmung vorgenommen werden müssten) (1) unter einem anwendbaren Recht oder anwendbaren Verordnungen rechtswidrig ist oder sein würde; oder (2) gegen geltende Lizenzbestimmungen verstoßen würde; oder (3) dazu führen würde, dass die Festlegungsstelle oder die Emittentin als Administrator einer Benchmark, eines Index oder einer anderen Preisquelle anzusehen sein würde, dessen/des/deren Produktion, Veröffentlichung, Methodologie oder Verwaltung die Festlegungsstelle oder die Emittentin wesentlichen zusätzlichen regulatorischen Verpflichtungen unterwerfen würde, derer sie nicht unterworfen sein wollen, dann darf die Festlegungsstelle diesen Index, Benchmark oder diese Preisquelle nicht als den Alternativen Referenzzinssatz für die Maßgebliche Währung auswählen.Wenn die Festlegungsstelle nicht in der Lage ist einen Alternativen Referenzzinssatz für die Maßgebliche Währung zu ermitteln und notwendige Anpassungen an den Bedingungen der Wertpapiere festzulegen, dann kann die Emittentin nach billigem Ermessen (§315 BGB) festlegen, dass die Wertpapiere an einem späteren Tag zurückgezahlt werden sollen. Wenn die Emittentin auf diese Weise festlegt, dass die Wertpapiere zurückgezahlt werden sollen, dann ist die Emittentin dazu verpflichtet, den Inhabern innerhalb einer Frist von mindestens fünf Geschäftstagen die Kündigung der Wertpapiere mitzuteilen. Bei der Rückzahlung wird die Emittentin für jedes Wertpapier einen Betrag in Höhe des Vorzeitigen Rückzahlungsbetrags zahlen.Die Verpflichtungen der Emittentin ...
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Related to Underlying 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.

  • 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.

  • Applicable Exchange Rate means with respect to any Collateral Obligation denominated and payable in an Eligible Currency other than Dollars on any day, the lesser of (a) the applicable currency-Dollar spot rate used by the Borrower (as determined by the Servicer) to acquire such currency on the related Cut-Off Date and (b) the Applicable Conversion Rate for such currency.

  • 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.

  • 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.

  • Settlement Rate has the meaning specified in Section 5.1.

  • Applicable Market Value has the meaning specified in Section 5.1.

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

  • Applicable Treasury Rate means the weekly average for each Business Day during the most recent week that has ended at least two Business Days prior to the redemption date of the yield to maturity at the time of computation of United States Treasury securities with a constant maturity (as compiled and published in the most recent Federal Reserve Statistical Release H. 15 (or, if such statistical release is not so published or available, any publicly available source of similar market data selected by the Company in good faith)) most nearly equal to the period from the redemption date to May 1, 2022; provided, however, that if the period from the redemption date to May 1, 2022 is not equal to the constant maturity of a United States Treasury security for which a yield is given, the Applicable Treasury Rate shall be obtained by linear interpolation (calculated to the nearest one-twelfth of a year) from the yields of United States Treasury securities for which such yields are given, except that if the period from the redemption date to such applicable date is less than one year, the weekly average yield on actually traded United States Treasury securities adjusted to a constant maturity of one year shall be used.

  • ISDA Fallback Rate means the rate that would apply for derivatives transactions referencing the ISDA Definitions to be effective upon the occurrence of an index cessation date with respect to the Benchmark for the applicable tenor excluding the applicable ISDA Fallback Adjustment.

  • 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.

  • Reset Price means the price of the relevant Underlying Reference determined by the Calculation Agent by reference to the price obtained by unwinding any underlying related hedging arrangements in respect of the relevant Security during the Unwinding Time Period immediately following the relevant Reset Event Determination Time ;

  • Reference Rate means the rate specified as such hereon.

  • Reset Rate means, in connection with each Remarketing, the rate per annum (as determined by the Remarketing Agent(s) in consultation with the Company pursuant to the Remarketing Agreement) rounded to the nearest one thousandth (0.001) of one percent that the Notes shall bear.