Applicable Exchange Rates Sample Clauses

Applicable Exchange Rates. The applicable exchange rates for initial price notification of medicines will be the exchange rates published by the Central Bank of Ireland, on the date of price notification or realignment.
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Applicable Exchange Rates. 16.1 Unless otherwise agreed, the exchange rate applied to any Payment Transaction is our prevailing exchange rate. 16.2 Our exchange rates are based on a Reference Exchange Rate which may change throughout the day (for example to reflect movements in foreign currency markets). The Reference Exchange Rate and the method of calculating the applicable exchange rate are available by contacting Customer Support at: Nordea Bank Abp London Branch 6th Floor, ▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇ Telephone: +▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇ 16.3 Changes in exchange rates are applied with immediate effect without any advance notice. 16.4 We will inform you of the exchange rate used in the Payment Transaction either in writing or electronically after the execution of the Payment Transaction.
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Applicable Exchange Rates. (a) Except as otherwise set forth in this Section 21.14, for purposes of determining compliance by the Buyer or the Seller or the Seller Subsidiaries with their respective representations, warranties, covenants, and agreements under this Agreement with respect to amounts denominated in Canadian Dollars ("C$") or US Dollars ("US$), the applicable exchange rate shall be C$1.4329 = US$1. (b) For purposes of determining whether or not a claim for indemnification under this Agreement would be an Eligible Claim and whether the Eligible Claims exceed the Threshold Amount with respect to Indemnified Losses denominated in C$, the applicable exchange rate shall be (i) with respect to a Third Party Claim, the exchange rate as published in the Wall Street Journal as of the last business day preceding the date the Indemnified Party receives notice of the claim, or (ii) with respect to such other claims for indemnification, the exchange rate as published in the Wall Street Journal as of the last business day preceding the date the Indemnified Party receives notice of the facts giving rise to the claim. (c) For purposes of payments of any amounts determined to be due and owing to a party as a result of any occurrence which gives rise to indemnification obligations under Section 17, and for purposes of determining whether or not the maximum indemnification obligation of a party under Section 17.3 has been met, the applicable exchange rate shall be that rate as published in the Wall Street Journal as of the last business day preceding the date payment to the Indemnified Party is made, so long as such exchange rate does not result in a payment which would be less than a payment made using the exchange rate as determined pursuant to Section 21.14(b), in which case, the exchange rate determined pursuant to Section 21.14(b) shall be used. All payments made pursuant to Section 17 shall be in US$. [This space intentionally left blank.]
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Related to Applicable Exchange Rates

  • Exchange Rates Notwithstanding the foregoing, for purposes of any determination under Section 9, Section 10 or Section 11 or any determination under any other provision of this Agreement expressly requiring the use of a current exchange rate, all amounts incurred, outstanding, or proposed to be incurred or outstanding in currencies other than Dollars shall be translated into Dollars at the Spot Rate; provided, however, that for purposes of determining compliance with Section 10 with respect to the amount of any Indebtedness, Restricted Investment, Lien, Asset Sale, or Restricted Payment in a currency other than Dollars, no Default or Event of Default shall be deemed to have occurred solely as a result of changes in rates of exchange occurring after the time such Indebtedness, Lien or Restricted Investment is incurred or Asset Sale or Restricted Payment made; provided that, for the avoidance of doubt, the foregoing provisions of this Section 1.6 shall otherwise apply to such Sections, including with respect to determining whether any Indebtedness, Lien, or Investment may be incurred or Asset Sale or Restricted Payment made at any time under such Sections. For purposes of any determination of Consolidated Total Debt or Consolidated First Lien Secured Debt, amounts in currencies other than Dollars shall be translated into Dollars at the currency exchange rates used in preparing the most recently delivered Section 9.1

  • Exchange Rate The transfers referred to in Articles 6 to 8 of this Agreement shall be effected at the prevailing market rate in freely convertible currency on the date of transfer

  • Adjustment of Exchange Rate The Exchange Rate shall be adjusted from time to time by the Issuer as follows: (a) If the Parent Guarantor issues shares of Common Stock as a dividend or distribution on the Common Stock to all holders of Common Stock, or if the Parent Guarantor effects a share split or share combination, the Exchange Rate will be adjusted based on the following formula: ER1 = ER0 × OS1/OS0 where ER0 = the Exchange Rate in effect immediately prior to the Ex-Dividend Date for such dividend or distribution or the effective date of such share split or share combination, as applicable; ER1 = the Exchange Rate in effect on and immediately after the Ex-Dividend Date for such dividend or distribution or the effective date of such share split or share combination, as applicable; OS0 = the number of shares of Common Stock outstanding on the Ex-Dividend Date for such dividend or distribution, or the effective date of such share split or share combination, as applicable; and OS1 = the number of shares of Common Stock outstanding on the Ex-Dividend Date for such dividend or distribution or the effective date of such share split or share combination, as applicable, as if such dividend, distribution, split or combination occurred at that time. If any dividend or distribution described in this paragraph (a) is declared but not so paid or made, the Exchange Rate shall be readjusted to the Exchange Rate that would then be in effect if such dividend or distribution had not been declared. (b) If the Parent Guarantor issues to all holders of Common Stock any rights, warrants, options or other securities entitling them for a period of not more than 45 days after the date of issuance thereof to subscribe for or purchase Common Stock or securities convertible into Common Stock within 45 days after the issuance thereof, in either case at an exercise price per share of Common Stock or a conversion price per share less than the Closing Sale Price of Common Stock on the Business Day immediately preceding the time of announcement of such issuance, the Exchange Rate will be adjusted based on the following formula (provided that the Exchange Rate will be readjusted to the extent that such rights, warrants, options, or other securities or convertible securities are not exercised or converted prior to the expiration of the exercisability or convertibility thereof): ER1 = ER0 × (OS0 + X)/(OS0 + Y) where ER0 = the Exchange Rate in effect immediately prior to the Ex-Dividend Date for such issuance; ER1 = the Exchange Rate in effect on and immediately after the Ex-Dividend Date for such issuance; OS0 = the number of shares of Common Stock outstanding immediately prior to the Ex-Dividend Date for such issuance;

  • Supported wage rates Employees to whom this clause applies shall be paid the applicable percentage of the minimum rate of pay prescribed by this Agreement for the class of work which the person is performing according to the following schedule: * (Provided that the minimum amount payable shall be not less than $45 per week). Where a person’s assessed capacity is 10%, they shall receive a high degree of assistance and support.

  • Foreign Currency Exchange Unless the Depositor shall otherwise direct, whenever funds are received by the Trustee in foreign currency, upon the receipt thereof or, if such funds are to be received in respect of a sale of Securities, concurrently with the contract of the sale for the Security (in the latter case the foreign exchange contract to have a settlement date coincident with the relevant contract of sale for the Security), the Trustee shall enter into a foreign exchange contract for the conversion of such funds to U.S. dollars pursuant to the instruction of the Depositor. The Trustee shall have no liability for any loss or depreciation resulting from action taken pursuant to such instruction." BB. Article IV of the Standard Terms and Conditions of Trust is hereby replaced with the following: