TRANSACTIONS IN FOREIGN CURRENCIES. In the event of transactions in foreign currencies, the exchange rate applied by the Bank shall be the interbank rate requested between banks on the Paris market at the time of processing by the Bank, plus the operational processing costs and the Bank’s mark-up. Any transaction debiting or crediting an account shall be converted as of right into the currency in which the account is denominated, unless otherwise Agreed.
Appears in 2 contracts
Samples: Account Agreement, Account Agreement
TRANSACTIONS IN FOREIGN CURRENCIES. In the event ev ent of transactions in foreign f oreign currencies, the exchange rate applied by the Bank shall be the interbank rate requested charged between banks on the Paris market at the time of processing by the Bank, plus the operational processing costs and the Bank’s mark-upmarkup. Any transaction debiting or crediting an account shall be converted as of right into the currency in which the account is denominated, unless otherwise Agreed.
Appears in 2 contracts
Samples: Account Agreement, Account Agreement
TRANSACTIONS IN FOREIGN CURRENCIES. In the event ev ent of transactions in foreign f oreign currencies, the exchange rate applied by the Bank shall be the interbank rate requested between banks on the Paris market at the time of processing by the Bank, plus the operational processing costs and the Bank’s mark-upmarkup. Any transaction debiting or crediting an account shall be automatically converted as of right into the currency in which the account is denominated, denominated unless otherwise Agreedagreed.
Appears in 2 contracts
Samples: Account Agreement, Account Agreement
TRANSACTIONS IN FOREIGN CURRENCIES. In the event of transactions in foreign currencies, the exchange rate applied by the Bank shall be the interbank rate requested between banks on the Paris market at the time of processing by the Bank, plus the operational processing costs and the Bank’s mark-up. Any transaction debiting or crediting an account shall be converted as of right into the currency in which the account is denominated, unless otherwise Agreed.11
Appears in 1 contract
Samples: Account Agreement
TRANSACTIONS IN FOREIGN CURRENCIES. In the event of transactions in foreign currencies, the exchange rate applied by the Bank shall be the interbank rate requested charged between banks on the Paris market at the time of processing by the Bank, plus the operational processing costs and the Bank’s mark-upmarkup. Any transaction debiting or crediting an account shall be converted as of right into the currency in which the account is denominated, unless otherwise Agreed.
Appears in 1 contract
Samples: Account Agreement
