Currency Agreement definition

Currency Agreement means in respect of a Person any foreign exchange contract, currency swap agreement, futures contract, option contract or other similar agreement as to which such Person is a party or a beneficiary.
Currency Agreement means any foreign exchange contract, currency swap agreement or other similar agreement or arrangement designed to protect the Company or any of its Subsidiaries against fluctuations in currency values.
Currency Agreement means any foreign exchange contract, currency swap agreement or other similar agreement or arrangement designed to protect the Company or any Restricted Subsidiary of the Company against fluctuations in currency values.

Examples of Currency Agreement in a sentence

  • Under the Currency Agreement with Switzerland, the legal tender in Liechtenstein is the Swiss franc.

  • Loan (Foreign Currency) Agreement speaks for overall limit of the loan amount, name of foreign currency and projects for which lender (WB, ADB etc.) has agreed to fund.

  • Optimum Currency Agreement (OCA): This theory is important because in our life today, a country is depending on each other.

  • Therefore, Qatar and Dubai signed an agreement on 9 May 1973 ending the Qatar-Dubai Currency Agreement of 1966.The new U.A.E. monetary authority, called the United Arab Emirates Currency Board, was established on 19 May 1973.Despite its name, it was actually a central bank: its minimum foreign reserve ratio was 70 percent of the monetary base, not 100 percent, and it lent to banks(United Arab Emirates Currency Board annual report 1977: 15-16, 24, 27).

  • Prior to the establishment of the currency board, the Arabian Gulf Currency Agreement had been signed on July 1965 by therulers of Abu Dhabi, Dubai, Bahrain, and Qatar to provide a joint currency across all four jurisdictions.


More Definitions of Currency Agreement

Currency Agreement means any foreign exchange contract, currency swap agreement or other similar agreement or arrangement.
Currency Agreement means any foreign exchange contract, currency swap agreement or other similar agreement with respect to currency values.
Currency Agreement means any foreign exchange contract, currency swap agreement, futures contract, option contract, synthetic cap or other similar agreement or arrangement, each of which is for the purpose of hedging the foreign currency risk associated with Holdings’ and its Subsidiaries’ operations and not for speculative purposes.
Currency Agreement of any Person means any foreign exchange contract, currency swap agreement or other similar agreement or arrangement designed to protect such Person or any of its Subsidiaries against fluctuations in currency values.
Currency Agreement means in respect of a Person any foreign exchange contract, currency swap agreement or other similar agreement as to which such Person is a party or a beneficiary.
Currency Agreement means in respect of a Person any foreign exchange contract, currency swap agreement or other similar agreement designed to protect such Person against fluctuations in currency values.
Currency Agreement means, in respect of a Person, any foreign exchange contract, currency swap agreement or other similar agreement or arrangements (including derivative agreements or arrangements), as to which such Person is a party or a beneficiary.