Currency Exchange Rate

Currency Exchange Rate. Shall mean the conversion from US Dollars to Euros at the exchange rates posted by the Federal Reserve Bank of New York, representing the 12 Noon Eastern Time buying rates on the day of said conversion.

Currency Exchange Rate. Means, with respect to a currency, the rate quoted by the Reference Bank as the spot rate for the purchase by the Reference Bank of such currency with another currency at approximately 10:30 a.m. (New York time) on the date two (2) Business Days prior to the date as of which the foreign exchange computation is made.