Common use of Currency and Payment Obligations Clause in Contracts

Currency and Payment Obligations. All dollar amounts referred to in this Agreement are stated in United States Dollars and any payment required to be made hereunder shall be made by electronic transfer or any other method as agreed to from time to time by the parties hereto that provides immediately available funds. In the case of the Vendors, payment by certified cheque, bank draft or electronic transfer shall be made payable to the order of or to the account of each Vendor, on a Pro-Rata Basis, or as they may otherwise direct in writing.