definiens: means the spot reference rates quoted by the Euro pean Central Bank to convert a relevant local currency to US dollars ( or if there are no such rates, the spot reference rates as quot ed by the nearest equivalent institution ) on the Business Day immediately preceding the Relevant Date or, if no such rates are quoted on that date, on the prece ding date on which such rates are quoted ; and means, save as otherwise provided in this Agreeme nt, the date on which a payment or an assessment is to be made, save that, for the fol lowing purposes, the date shall mean : ( i ) for the purposes of the monetary amounts set out in Clause 5, the date of this Agreement ; ( ii ) for the purposes of Clause 7 and Schedule 14, the C losing Date ; ( iii ) for the purposes of Clause 10, the date of this Agr eement ; or ( iv ) for the purposes of the monetary amounts set out in Schedule 16, the date of this Agreement