Contractual Currency definition

Contractual Currency has the meaning given in Clause 21.5;
Contractual Currency has the meaning specified in Section 8(a).
Contractual Currency shall have the meaning assigned in Section 16.1.

Examples of Contractual Currency in a sentence

  • If for any reason the amount in the Contractual Currency so received falls short of the amount in the Contractual Currency payable in respect of this Agreement, the party required to make the payment will, to the extent permitted by applicable law, immediately pay such additional amount in the Contractual Currency as may be necessary to compensate for the shortfall.

  • If for any reason the amount in the Contractual Currency so received exceeds the amount in the Contractual Currency payable in respect of this Agreement, the party receiving the payment will refund promptly the amount of such excess.


More Definitions of Contractual Currency

Contractual Currency means, in relation to any payment obligation of any Note, the currency in which that payment obligation is expressed and, in relation to Clause 11, pounds sterling or such other currency as may be agreed between the Company and the Trustee from time to time;
Contractual Currency the meaning specified in paragraph 7(a);
Contractual Currency means, in relation to any payment obligation arising under any Note, the currency in which that payment obligation is expressed and, in relation to Clause 8 (Remuneration and Indemnification of the Trustee), such other currency as may be agreed between the Issuer and the Trustee from time to time;
Contractual Currency unless otherwise specified in a Confirmation, shall mean United States Dollars.
Contractual Currency means, in relation to any payment obligation of any Instrument, the currency in which that payment obligation is expressed and, in relation to Clause 8 (Provisions supplemental to the Trustee Acts), pounds sterling or such other currency as may be agreed between the relevant Issuer and the Trustee from time to time;
Contractual Currency means the currency in which the Covered Bonds are denominated or, if different, payable, as specified in the Final Terms;
Contractual Currency means, in relation to any payment obligation of any Note, the currency in which that payment obligation is expressed and, in relation to Clause 98, pounds sterling or such other currency as may be agreed between the Issuer the Guarantor and the Trustee from time to time;