CURRENT DOLLARS Clause Samples

The "Current Dollars" clause defines that all monetary amounts referenced in the agreement are stated in terms of their present-day value, without adjustment for inflation or future changes in purchasing power. In practice, this means that payments, fees, or other financial obligations are calculated and paid based on the value of money at the time the contract is executed, rather than being indexed to inflation or other economic factors. This clause ensures clarity and certainty in financial transactions by preventing disputes over the value of payments due to changes in currency value over time.