Examples of Contract Currency in a sentence
Price Basis, Price Adjustment, Contract Currency and Payments Please refer Section B – GCC Clause nos.
Price Basis, Price Adjustment, Contract Currency, Payments and Taxes & Duties Please refer Section B – GCC Clause nos.
Booking Date - 01/03/96Value Date - 05/03/96 Contract Currency - USD Contract Amount - 1000 $Spot Days maintained for USD -2 In this case the exchange rates to be applied to the transfer will be picked up from the currency table on 3, March, 1997, Spot days (2 days) before the Value date of the transfer.
If the amount of Contract Currency you are able to purchase is less than the amount calculated pursuant to the provisions of the Agreement (whether the difference is as a result of a movement in exchange rates or otherwise), I shall indemnify you for the difference.
For the purposes of this provision, the Local Currency Equivalent shall be calculated at the best spot rate at which you offer to sell the local currency, at or about a time chosen by you on the date on which you make payment in accordance with this provision, in exchange for the Contract Currency that you would have paid to me if you had performed such Contract.