5Currency Sample Clauses

The 5Currency clause defines the specific currency or currencies in which payments, obligations, or transactions under the agreement must be made. In practice, this clause may specify that all payments are to be made in U.S. dollars, euros, or another agreed currency, and can also address what happens if a currency becomes unavailable or is subject to significant changes. Its core function is to eliminate ambiguity and potential disputes regarding the medium of payment, ensuring both parties have a clear understanding of their financial obligations.
5Currency. All dollar amounts referred to in this Agreement are in United States currency, unless otherwise specifically indicated.
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5Currency. All references in this Agreement to dollars or to "$" are expressed in Canadian currency unless otherwise specifically indicated.
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Related to 5Currency

  • Currency All sums of money which are referred to in this Agreement are expressed in lawful money of Canada, unless otherwise specified.

  • Base Currency For the purposes of any calculation hereunder, we may convert amounts denominated in any other currency into the Base Currency at such rate prevailing at the time of the calculation as we shall reasonably select.

  • Foreign Currency The term “

  • Blocked Currency In each country where the local currency is blocked and cannot be removed from the country, royalties or profit share payments accrued in that country shall be paid to the receiving Party in the country in local currency by deposit in a local bank designated by the receiving Party, unless the Parties otherwise agree.

  • Selection of currency A Borrower (or the Company on behalf of a Borrower) shall select the currency of a Loan in a Utilisation Request.