Weighted Average Exchange Rate definition

Weighted Average Exchange Rate means the weighted average of the rates of exchange for the conversion of Renminbi (CNY) into USD, expressed as a number of CNY per one USD, less any Costs incurred or would have been incurred by the Issuer and/or its designated Affiliates in connection with such conversion (the "Underlying FX Rate") at the time each Underlying Hedge Transaction is unwound, or (as the case may be) the Excess Deduction, or as applicable, the Deduction Shortfall is determined, as determined by the Calculation Agent in its sole and absolute discretion. The Issuer is at no time obliged to hold Securities, nor any other positions, for such purposes.
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Weighted Average Exchange Rate means the weighted average of the rates of exchange for the conversion of Indian Rupee (“INR”) into USD, expressed as a number of INR per one USD less any Costs incurred or would have been incurred by the Issuer and/or its designated Affiliates in connection with such conversion (the "Underlying FX Rate") at the time each Underlying Hedge Transaction is unwound, as determined by the Calculation Agent in its sole and absolute discretion. The Issuer is at no time obliged to hold Securities, nor any other positions, for such purposes.
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Weighted Average Exchange Rate means the effective exchange rate for a given set of transactions whereby the exchange rate for each transaction is weighted by the share of that transaction in the total volume of transactions;
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Examples of Weighted Average Exchange Rate in a sentence

  • The primary dispute of the Board is that Weighted Average Exchange Rate should not be applied.

  • This is reflected in the formula by dividing the Realisable Sale Price by what is called the Weighted Average Exchange Rate.

  • In any event, the fee paid is less than the fee payable upon applying the Weighted Average Exchange Rate.

  • The volatility in market prices may be unrelated to the operating performance of particular companies.

  • As agreed between the parties, the entire exercise has been carried out on the basis of the Weighted Average Exchange Rate.

  • During the capital cost verification exercise, the Board, citing advice from CEA, required that the entire capital cost components should be computed on a Weighted Average Exchange Rate.

  • Upon the recommendation of the Department of Public Improvements, the Board approved award of the following contract by Towson State Teachers College, payable from the funds indicated:General Construction Loan of 1949 -Item #147 - Crest Contracting Co., for Change Order No.2to contract approved Sept.

  • The Weighted Average Exchange Rate is calculated by taking the average of the exchange rate on a weighted basis used in the conversion of the shares which are unwound in different batches.

  • Condition 3(d) (Cash Settlement) applies.(i) Settlement Currency:USD(ii) Cash Settlement Amount: In respect of each Warrant exercised an amount in USD calculated in accordance with the following formula: Realisable Sale Price X (1 - Fee) Weighted Average Exchange Rate Where: "Fee" represents the fee to be retained by the Manager or any of its Affiliates as separately notified to the Warrantholder, which is calculated as a percentage of the gross consideration payable for the purchase of the Warrants.

  • To reflect the Weighted Average Exchange Rate (WAER) of the subsequent transfers from EUR to USD and from USD to AFN the explanation is the same as shown in Example 1.


More Definitions of Weighted Average Exchange Rate

Weighted Average Exchange Rate means the weighted average of the rates of exchange for the conversion of the Reference Currency into the Settlement Currency, expressed as a number of units of the Reference Currency per one unit of the Settlement Currency, less any Costs incurred or would have been incurred by the Issuer and/or its designated Affiliates in connection with such conversion (the "Underlying FX Rate") at the time each Underlying Hedge Transaction is unwound, as determined by the Calculation Agent in its sole and absolute discretion.
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Weighted Average Exchange Rate means the exchange rate determined by taking the simple average of the Average Exchange Rate over the 30 Trading Day period commencing September 30, 2001 and the Average Exchange Rate over the 30 Trading Days ending on the second Trading Day prior to 1 February 2002.
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Weighted Average Exchange Rate means the weighted average of the rates of exchange for the conversion of the Reference Currency into the Settlement Currency, expressed as a number of units of Reference Currency per one unit of Settlement Currency, less any Costs incurred or would have been incurred by the Issuer and/or its designated Affiliates in connection with such conversion (the "Underlying FX Rate") at the time each Underlying Hedge Transaction is unwound, as determined by the Calculation Agent in its sole and absolute discretion. (d) Intentionally left blank. (e) Supplementary Amount The Supplementary Amount in respect of Condition 5(a)(ii) (General) means an amount calculated in accordance with the following formula, and such amount shall be adjusted to take into account any Costs: For the purposes of this Condition, the following definitions apply:
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Related to Weighted Average Exchange Rate

  • Weighted Average Price means, for any security as of any date, the dollar volume-weighted average price for such security on the Principal Market during the period beginning at 9:30:01 a.m., New York time (or such other time as the Principal Market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as the Principal Market publicly announces is the official close of trading), as reported by Bloomberg through its “Volume at Price” function or, if the foregoing does not apply, the dollar volume-weighted average price of such security in the over-the-counter market on the electronic bulletin board for such security during the period beginning at 9:30:01 a.m., New York time (or such other time as such market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as such market publicly announces is the official close of trading), as reported by Bloomberg, or, if no dollar volume-weighted average price is reported for such security by Bloomberg for such hours, the average of the highest Closing Bid Price and the lowest closing ask price of any of the market makers for such security as reported in the OTC Link or “pink sheets” by OTC Markets Group Inc. (formerly Pink OTC Markets Inc.). If the Weighted Average Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Weighted Average Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved pursuant to Section 11 with the term “Weighted Average Price” being substituted for the term “Exercise Price.” All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or other similar transaction during the applicable calculation period.

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.

  • Weighted Average Quotation means, in accordance with the Quotation Method, the weighted average of firm quotations obtained from Dealers at the Valuation Time, to the extent reasonably practicable, each for an amount of the Reference Obligation with an outstanding principal balance (which, for the avoidance of doubt, shall exclude any amounts of capitalised interest) of as large a size as available but less than the Quotation Amount (but of a size equal to the Minimum Quotation Amount or, if quotations of a size equal to the Minimum Quotation Amount are not available, quotations as near in size as practicable to the Minimum Quotation Amount) that in the aggregate are approximately equal to the Quotation Amount and Section 7.11 of the Credit Definitions shall be amended accordingly.

  • Weighted Average SOFR means the arithmetic mean of SOFR in effect for each Business Day during the relevant Interest Period, calculated by multiplying the relevant SOFR by the number of calendar days such SOFR is in effect, determining the sum of such products and dividing such sum by the number of calendar days in the relevant Interest Period, provided however that during a Suspension Period, the SOFR for each day during that Suspension Period will be the value for the Business Day immediately prior to the first day of such Suspension Period. For purposes of this provision “Suspension Period” is the number of Business Days prior to the end of the relevant Interest Period as specified in the applicable pricing supplement.

  • Weighted Average means a ratio of the weight of the investment by the financial market participant in an investee company in relation to the enterprise value of the investee company;

  • 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;

  • Weighted Average Interest Rates means, with respect to any Outstanding Notes of a class or tranche of the MBNAseries, or of all of the Outstanding Notes of the MBNAseries, on any date, the weighted average (weighted based on the Outstanding Dollar Principal Amount of the related Notes on such date) of the following rates of interest:

  • Weighted Average Spread means, as of any day, the number expressed as a percentage equal to (i) the Aggregate Funded Spread divided by (ii) the Aggregate Eligible Collateral Obligation Amount (excluding any interest that has been deferred and capitalized on any Deferrable Collateral Obligation).

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Loans included in the Aggregate Net Collateral Balance, the number obtained by (a) summing the products obtained by multiplying (i) the Advance Rate of each Eligible Collateral Loan by (ii) such Eligible Collateral Loan’s contribution to the Aggregate Net Collateral Balance and dividing (b) such sum by the Aggregate Net Collateral Balance.

  • 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.

  • Minimum Weighted Average Spread Test means a test that will be satisfied on any date of determination if the Weighted Average Spread of all Eligible Collateral Obligations included in the Collateral on such date is equal to or greater than 5.00%.

  • Weighted Average Life means, as of any date, with respect to any debt security, the quotient obtained by dividing (i) the sum of the products of the number of years from such date to the dates of each successive scheduled principal payment (including any sinking fund payment requirements) of such debt security multiplied by the amount of such principal payment, by (ii) the sum of all such principal payments.

  • Maximum Weighted Average Life Test means a test that will be satisfied on any date of determination if the Weighted Average Life of the Collateral Loans as of such date is less than or equal to seven (7.0) years.

  • 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.

  • Weighted Average Life Test means a test that is satisfied at any such time if the Weighted Average Life as calculated on the date of determination is less than or equal to 5.5 years.