Currency of definition

Currency of account The Obligors shall pay: a) any amount payable under the Finance Documents (other than the Hedging Agreements), except as otherwise provided for herein, in USD; and b) all payments of costs and Taxes in the currency in which the same were incurred.
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Currency of. ACCOUNT The dollar is the currency of account and payment for each and every sum at any time due from any of the Obligors hereunder Provided that: (a) each repayment of an Advance or a part thereof shall be made in the currency in which such Advance is denominated at the time of that repayment; (b) each payment in respect of a Letter of Credit shall be made in the currency in which such Letter of Credit is denominated; (c) each payment of interest shall be made in the currency in which the sum in respect of which such interest is payable is denominated; (d) each payment in respect of costs and expenses shall be made in the currency in which the same were incurred; (e) each payment pursuant to Clause 18.2 (Tax Indemnity) or Clause 20.1 (Increased Costs) shall be made in the currency specified by the party claiming thereunder; and (f) any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.
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Currency of. Payment The currency of payment shall be as specified in the SC.
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Examples of Currency of in a sentence

  • At any time, any reference in the definition of the term “Agreed Foreign Currency” or in any other provision of this Agreement to the Currency of any particular nation means the lawful currency of such nation at such time whether or not the name of such Currency is the same as it was on the date hereof.

  • Each Lender shall maintain in accordance with its usual practice records evidencing the Indebtedness of the Borrower to such Lender resulting from each Loan made by such Lender, including the amounts and Currency of principal and interest payable and paid to such Lender from time to time hereunder.

  • The Administrative Agent shall maintain records in which it shall record (i) the amount and Currency of each Loan made hereunder, the Class and Type thereof and each Interest Period therefor, (ii) the amount and Currency of any principal or interest due and payable or to become due and payable from the Borrower to each Lender of such Class hereunder and (iii) the amount and Currency of any sum received by the Administrative Agent hereunder for the account of the Lenders and each Lender’s share thereof.

  • Except as otherwise expressly stated, information in such reports as to any asset shall be in the Specified Currency of such asset.

  • If no election as to the Currency of a Borrowing is specified, then the requested Borrowing shall be denominated in Dollars.

  • The Purchase Price for the Purchase Contract Property purchased pursuant to the Purchase Contracts evidenced hereby shall be payable at the Payment Location on the Settlement Date pursuant to the Method of Settlement in the Currency of Settlement Payment.


More Definitions of Currency of

Currency of funds: Unless otherwise indicated all dollar amounts referred ----------------- to in this Agreement are in United States funds.
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Related to Currency of

  • Currency of Account means, in relation to any payment to be made to a Finance Party under a Finance Document, the currency in which that payment is required to be made by the terms of that Finance Document.

  • Currency means any currency or currencies, composite currency or currency unit or currency units, including, without limitation, the Euro, issued by the government of one or more countries or by any recognized confederation or association of such governments.

  • National Currency means the currency, other than the Euro, of a Participating Member State.

  • Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.

  • Cryptocurrency means a digital or electronic medium of exchange, operating independently of a central bank, in which encryption techniques are used to regulate generation of units and to verify transfer of units from one person to another.

  • Foreign Currency Hedge means any foreign exchange transaction, including spot and forward foreign currency purchases and sales, listed or over-the-counter options on foreign currencies, non-deliverable forwards and options, foreign currency swap agreements, currency exchange rate price hedging arrangements, and any other similar transaction providing for the purchase of one currency in exchange for the sale of another currency.

  • Currency Agreement means any foreign exchange contract, currency swap agreement or other similar agreement or arrangement designed to protect the Company or any Restricted Subsidiary of the Company against fluctuations in currency values.

  • Contractual Currency has the meaning given in Clause 21.5;