U.S. Dollar Value Definition | Law Insider (2024)

  • Dollar Equivalent Amount means, at any time, (a) as to any amount denominated in Dollars, the amount hereof at such time, and (b) as to any amount denominated in a currency other than Dollars, the equivalent amount in Dollars as determined by Agent at such time that such amount could be converted into Dollars by Agent according to prevailing exchange rates selected by Agent.

  • U.S. Dollar Equivalent means, on any date of determination, (a) with respect to any amount in US Dollars, such amount, and (b) with respect to any amount in any Alternative Currency, the equivalent in US Dollars of such amount, determined by the Administrative Agent pursuant to Section 1.05 using the Exchange Rate with respect to such Alternative Currency at the time in effect under the provisions of such Section.

  • U.S. Dollar means the lawful currency of the United States of America.

  • Assigned Dollar Value means, in respect of any Borrowing denominated in an Alternative Currency, the Dollar Equivalent thereof determined based upon the applicable Spot Exchange Rate as of the Denomination Date for such Borrowing. In the event that any Borrowing denominated in an Alternative Currency shall be prepaid in part, the Assigned Dollar Value of such Borrowing shall be allocated ratably to the prepaid portion of such Borrowing and the portion of such Borrowing remaining outstanding.

  • Equivalent Amount of any currency with respect to any amount of Dollars at any date shall mean the equivalent in such currency of such amount of Dollars, calculated on the basis of the Exchange Rate for such other currency at 11:00 a.m., London time, on the date on or as of which such amount is to be determined.

  • Adjusted Outstanding Dollar Principal Amount means at any time during a Monthly Period with respect to any Series, Class or Tranche of Notes, the Outstanding Dollar Principal Amount of all Outstanding Notes of such Series, Class or Tranche of Notes at such time, less any funds on deposit in the Principal Funding Account or the related Sub-Account, as applicable, for the benefit of such Series, Class or Tranche of Notes at such time.

  • Euro-Dollar Rate means a rate of interest determined pursuant to Section 2.07(b) on the basis of a London Interbank Offered Rate.

  • Applicable Dollar Percentage means, with respect to any Dollar Lender, the percentage of the total Dollar Commitments represented by such Dollar Lender’s Dollar Commitment. If the Dollar Commitments have terminated or expired, the Applicable Dollar Percentages shall be determined based upon the Dollar Commitments most recently in effect, giving effect to any assignments.

  • Specified Dollar Amount means the maximum cash amount per $1,000 principal amount of Notes to be received upon conversion as specified in the Settlement Notice related to any converted Notes.

  • U.S.-Canadian Exchange Rate means, on any date:

  • Dollar Equivalent of the Foreign Currency has the meaning specified in Section 312(f).

  • Dollar Amount The dollar amount of the suspected error. • Description of problem: If you think there is an error on your bill, describe what you believe is wrong and why you believe it is a mistake. You must contact us: • Within 60 days after the error appeared on your statement. • At least 3 business days before an automated payment is scheduled, if you want to stop payment on the amount you think is wrong. You must notify us of any potential errors in writing. You may call us, but if you do we are not required to investigate any potential errors and you may have to pay the amount in question.

  • Euro-Dollar Reserve Percentage has the meaning set forth in Section 2.06(c).

  • Dollar Equivalent means, at any time, (a) with respect to any amount denominated in Dollars, such amount, and (b) with respect to any amount denominated in any currency other than Dollars, the equivalent amount thereof in Dollars as determined by the Administrative Agent at such time on the basis of the Spot Rate (determined in respect of the most recent Revaluation Date or other applicable date of determination) for the purchase of Dollars with such currency.

  • Outstanding Dollar Principal Amount has the meaning specified in the Indenture.

  • Revolving Dollar Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Syndicated Loans, and its LC Exposure and Swingline Exposure, at such time made or incurred under the Dollar Commitments.

  • Dollar and “$” mean lawful money of the United States.

  • U.S. Dollars or “US$” means the lawful currency of the United States of America.

  • Canadian Dollar Equivalent of any amount which is expressed in United States Dollars means, on any date, the Canadian dollar equivalent of such amount determined by multiplying such amount by the U.S. - Canadian Exchange Rate in effect on such date;

  • Euro Equivalent means, at any time, with respect to any amount denominated in Dollars, the equivalent amount thereof in Euros as determined by the Administrative Agent or the L/C Issuer, as the case may be, at such time on the basis of the Spot Rate (determined in respect of the most recent Revaluation Date) for the purchase of Euros with Dollars.

  • Alternative Currency Daily Rate means, for any day, with respect to any Credit Extension:

  • Euro-Dollar Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • Alternative Currency Equivalent means, at any time, with respect to any amount denominated in Dollars, the equivalent amount thereof in the applicable Alternative Currency as determined by the Administrative Agent or the applicable L/C Issuer, as the case may be, at such time on the basis of the Spot Rate (determined in respect of the most recent Revaluation Date) for the purchase of such Alternative Currency with Dollars.

  • Approximate Equivalent Amount of any currency with respect to any amount of Dollars shall mean the Equivalent Amount of such currency with respect to such amount of Dollars on or as of such date, rounded up to the nearest amount of such currency as determined by the Administrative Agent from time to time.

  • Original Dollar Amount means the amount of any Obligation denominated in U.S. Dollars and, in relation to any Loan denominated in an Alternative Currency, the U.S. Dollar Equivalent of such Loan on the day it is advanced or continued for an Interest Period.

  • Applicable Multicurrency Percentage means, with respect to any Multicurrency Lender, the percentage of the total Multicurrency Commitments represented by such Multicurrency Lender’s Multicurrency Commitment. If the Multicurrency Commitments have terminated or expired, the Applicable Multicurrency Percentages shall be determined based upon the Multicurrency Commitments most recently in effect, giving effect to any assignments.

  • U.S. Dollar Value Definition | Law Insider (2024)

    FAQs

    U.S. Dollar Value Definition | Law Insider? ›

    U.S. Dollar Equivalent means, on any date of determination, (a) with respect to any amount in US Dollars, such amount, and (b) with respect to any amount in any Alternative Currency, the equivalent in US Dollars of such amount, determined by the Administrative Agent pursuant to Section 1.05 using the Exchange Rate with ...

    What is the legal definition of dollar value? ›

    Dollar Value means (i) with respect to an amount of currency at any time, (y) if such currency is USD, such amount and (z) in all other cases, the amount of USD which could be purchased at the spot market rate against delivery of such amount of currency and (ii) in respect of a quantity of Bullion at any time, the ...

    What defines the value of the U.S. dollar? ›

    Like any other fiat currency, the dollar's value depends on the economic activity and outlook of the United States. In addition to supply and demand and market factors, sentiment influences the dollar's value on the global market.

    What is the legal definition of U.S. Dollars? ›

    U.S. Dollars means such currency of the United States as at the time of payment shall be legal tender for the payment of public and private debts.

    What is USD in law insider? ›

    USD means United States dollars, the lawful currency of the United States of America.

    What is the constitutional definition of a dollar? ›

    The word dollar has a definite and fixed meaning. [Footnote 1] A dollar, as used in the Constitution, is a Spanish Milled dollar coin, or its equivalent, in coin form, containing 371.25 grains of fine silver.

    How do you determine the value of the U.S. dollar? ›

    Summary
    1. Currency value is determined by aggregate supply and demand.
    2. Supply and demand are influenced by a number of factors, including interest rates, inflation, capital flow, and money supply.
    3. The most common method to value currency is through exchange rates.

    What is the federal definition of currency? ›

    (m) Currency. The coin and paper money of the United States or of any other country that is designated as legal tender and that circulates and is customarily used and accepted as a medium of exchange in the country of issuance. Currency includes U.S. silver certificates, U.S. notes and Federal Reserve notes.

    What is the U.S. dollar considered as? ›

    The US dollar, generally considered to be the world's leading reserve currency, has enormous influence on global finance and trade. The International Monetary Fund reported that the US dollar comprised roughly 59% of global foreign exchange reserves held by central banks in the third quarter of 2023.

    What is the definition of a dollar? ›

    noun. a paper money, silver or cupronickel coin, and monetary unit of the United States, equal to 100 cents. : $

    What is the legal term USD? ›

    What Does USD Stand For? USD is the three-letter abbreviation for the U.S. dollar. The USD is the legal tender currency of the United States, and also serves as a global reserve currency in international trade and financial markets.

    Does USD mean the lawful currency? ›

    U.S. Dollar.

    “U.S. Dollar”, “Dollar”, “U.S.$”, “$” and “USD” each means the lawful currency of the United States of America.

    How much of a dollar do you need for it to be valid? ›

    Under regulations issued by the Department of the Treasury, mutilated United States currency may be exchanged at face value if: More than 50% of a note identifiable as United States currency is present.

    What makes a dollar bill value? ›

    Here are three things to look for on your bills if they are worth more than a dollar: The Series date located near the photograph of George Washington must read “Series 2013” The bill must have a “B” Federal Reserve Seal above the serial number.

    Can a dollar bill be worth more than a dollar? ›

    While it may seem like $1 and $2 bills aren't worth much on the surface, you should hold on to them just in case, because certain denominations may be worth more than you think. Several versions of these bills are worth thousands of dollars and some currency collectors are willing to pay top dollar for them.

    What is the legal definition of a thing of value? ›

    Thing of value or "thing of pecuniary value" means a thing of value in the form of money, tangible or intangible property, commercial interests, or anything else the primary significance of which is economic gain to the recipient.

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