Currency Control Clause Samples
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Currency Control. Licensee shall obtain the necessary approvals and registrations (including any reporting requirements to the central bank or monetary authority as the case may be) as required by the appropriate authorities to ensure that all currency control requirements have been met in order to facilitate the smooth and timely payments of the sums (in United States Dollars) due to HBS under this Agreement.
Currency Control. Kobayashi represents and warrants that, on the Effective Date of this Agreement, no currency control laws applicable in Japan prevent the payment to ArthroCare of any sums due under this Agreement.
Currency Control. Company represents and warrants that, as of the Effective Date of this Agreement, no currency control laws applicable in countries other than the United States where Company conducts the activities under the Agreement will prevent the payment to GoodData of any sums due under this Agreement. If any such laws come into effect and the local government of the territory where payment will be made does not permit that payment be made in the designated currency set forth in the relevant Order, Company will notify GoodData immediately, and if so instructed by GoodData, deposit all monies due GoodData to the account of GoodData in a local bank of GoodData’s choice in the affected country.
Currency Control. In the event that any currency control ----------------- laws come into effect in the Territory which prevent the payment to R2 of any sums due under this Agreement to be made in United States Dollars, GEMS will notify R2 as promptly as practicable, and will cooperate with R2 in any procedure reasonably requested by R2 to give effect to the parties' intent under this Agreement without incurring unreasonable costs.
Currency Control. Distributor represents and warrants that, on the Effective Date of this Agreement, no currency control laws applicable in the Territory prevent the payment to Somnus of any sums due under this Agreement.
Currency Control. Visionex represents and warrants that, on the Effective Date of this Agreement, no currency control laws applicable in the Territory prevent the payment to ACS of any sums due under this Agreement.
Currency Control. UTStarcom represents and warrants that, as of the Effective Date of this Agreement, no currency control laws applicable in the Territory prevent the payment to IWAV of any sums due under this Agreement. In the event that any such laws come into effect and the local government of the Territory does not permit that payment be made in United States Dollars, UTStarcom will notify IWAV immediately, and if so instructed by IWAV, deposit all monies due IWAV to the account of IWAV in a local bank of IWAV's choice in the Territory.
Currency Control. Distributor represents and warrants that as of the Effective Date, no applicable currency control laws prevent the payment to ZAP of any amounts due to ZAP under this Agreement. Distributor agrees to promptly notify ZAP of any currency control laws that may affect Distributor’s ability to make payment of any of the amounts due to ZAP under this Agreement.
Currency Control. Distributor represents and warrants that no currency control laws applicable in the Territory will prevent the payment to Castelle of any sums due under this Agreement.
Currency Control. Distributor represents and warrants that no ---------------- currency control laws applicable in the Territory prevent the payment to Echelon of any sums due under this Agreement. In the event that any such laws come into effect and the local government of the Territory does not permit that payment be made in United States Dollars, Distributor will notify Echelon immediately, and if so instructed by Echelon, deposit all monies due Echelon to the account of Echelon in a local bank of Echelon's choice in the Territory.