Average Exchange Rate

Average Exchange Rate. Shall mean, with respect to any Sale Notice, a composite exchange rate which shall equal the arithmetic average of the exchange rates (e.g., Dollar/Euro) indicated as the "CLOSE" rates, during the five Business Days immediately preceding the date of such Sale Notice, as published in the Market Data Center for Exchange Rates of the Wall Street Journal website (available at, https://www.wsj.com/market-data/quotes/fx/USDEUR/historical-prices), or if not available, the successor website page of the... Wall Street Journal. View More