Foreign Exchange Rate. (a) No later than 1:00 P.M. (New York City time) on each Calculation Date, the Administrative Agent shall determine the Exchange Rate as of such Calculation Date with respect to each applicable non-Dollar currency, provided that, upon receipt of a borrowing notice pursuant to Section 2.5(b), the Administrative Agent shall determine the Exchange Rate with respect to the relevant Foreign Currency on the related Calculation Date (it being acknowledged and agreed that the Administrative Agent shall use such Exchange Rate for the purposes of determining compliance with Section 2.4(b) with respect to such borrowing notice). The Exchange Rates so determined shall become effective on the relevant Calculation Date (a “Reset Date”), shall remain effective until the next succeeding Reset Date and shall for all purposes of this Agreement (other than Section 10.17 and any other provision expressly requiring the use of a current Exchange Rate) be the Exchange Rates employed in converting any amounts between Dollars and any non-Dollar currency.
Foreign Exchange Rate. If any amount required to be paid hereunder is determined by reference to a Tax, Tax refund, Tax Benefit or Tax Detriment that is denominated in a currency other than United States dollars, such payment shall be made in United States dollars and the amount thereof shall be computed using the Foreign Exchange Rate for such currency determined as of the date that such Tax is paid, such Tax refund is received or such Tax Benefit or Tax Detriment reduces or increases the amount of Tax or Tax refund that would otherwise be paid or received.
Foreign Exchange Rate. (a) No later than 1:00 P.M. (New York City time) on each Calculation Date, the Administrative Agent shall determine the Exchange Rate as of such Calculation Date with respect to Canadian Dollars, provided that, upon receipt of a Borrowing Notice with respect to a Working Capital Facility Loan or Swing Line Loan pursuant to Section 2.5, the Administrative Agent shall determine the Exchange Rate with respect to Canadian Dollars on the related Calculation Date (it being acknowledged and agreed that the Administrative Agent shall use such Exchange Rate for the purposes of determining compliance with Section 2.1(a), Section 2.1(b) or Section 2.3, as applicable, with respect to such Borrowing Notice). The Exchange Rates so determined shall become effective on the relevant Calculation Date (a “Reset Date”), shall remain effective until the next succeeding Reset Date and shall for all purposes of this Agreement (other than Section 11.25 and any other provision expressly requiring the use of a current Exchange Rate) be the Exchange Rates employed in converting any amounts between United States Dollars and Canadian Dollars.
Foreign Exchange Rate. (a) No later than 1:00 P.M. (New York City time) on each Calculation Date, the Administrative Agent shall determine the Spot Selling Rate as of such Calculation Date with respect to Canadian Dollars. The Spot Selling Rates so determined shall become effective on the relevant Calculation Date (a “Reset Date”), shall remain effective until the next succeeding Reset Date and shall for all purposes of this Agreement (other than Section 10.18 and any other provision expressly requiring the use of a current Spot Selling Rate) be the Spot Selling Rates employed in converting any amounts between Dollars and Canadian Dollars.
Foreign Exchange Rate. Unless otherwise specified herein, the arithmetic average of the intermediate exchange rates between US Dollars and RMB as promulgated by the People’s Bank of China (or its authorized agency) respectively in the ten (10) Business Days immediately prior to the actual payment date of any payment shall apply with respect to any conversion between US Dollars and RMB.
Foreign Exchange Rate. All monetary amounts provided under this Agreement shall be in United States Dollars. Commission and other amounts payable to CTC under this Agreement shall be paid in United States Dollars at the exchange rate in effect on the date payment to CTC is made by Representative. For all other purposes, the foreign exchange rate shall be the applicable currency per U.S. Dollar rate published by the Wall Street Journal on the day the payment was due.
Foreign Exchange Rate. In any foreign exchange transaction, the currency shall be converted into the currency of the account at the exchange rate which the Caisse centrale shall have set upon the date of its choosing which shall not necessarily be the transaction date. Should a currency transaction be cancelled for any reason, the Client agrees that it shall be liable for any loss or costs related to the foreign exchange rate and that the Caisse centrale shall be entitled to invoice and debit said loss or said costs to or from the account of the Client.
Foreign Exchange Rate. The definition of “Foreign Exchange Rate” contained in Section 1.1 is hereby amended in its entirety to read as follows:
Foreign Exchange Rate. Average Foreign Exchange rate for purchases and sales in dollars in the financial system published periodically by the Superintendence of Banking and Insurance and published in the Official Gazette El Peruano, for conversion of New Soles into U.S. Dollars and vice versa. Xxxxx XXXXXX This is the Structural Reinforcement Tower of Arenales Commercial Complex which represents property covered by the Project owned by ESSALUD which shall be delivered to the OPERATING COMPANY as public infrastructure for purposes of this AGREEMENT. It is located at Xxxxxxx Xxxxxxxx xxxxxx 00 y 14 S/N in the district of Xxxxx Xxxxx and whose construction is an integral part of the Arenales Commercial Complex Center which is inside of the boundaries of the supermanzana [mega-block] recorded on Sheet No. 114791 which continues on Electronic Certificate No. 40723110 of Public Registries of Lima and shall be free of encumbrances. Building which has an approximate land area of 5,625 square meters and an approximate built area of 38,947 square meters, work which was paralyzed in 1990. The detailed description of the construction is described in Annexes A-I and III. [stamp:] CENTRAL UNDERWRITING MANAGEMENT, APPROVAL, X. XXXX, ESSALUD, [signature] [stamp:] INFRASTRUCTURE DEVELOPMENT COMMITTEE, HEALTH SERVICES, APPROVAL, XXXXXXX XXXXXXX, CHAIRPERSON, ESSALUD, [signature] [stamp:] INFRASTRUCTURE DEVELOPMENT COMMITTEE, HEALTH SERVICES, APPROVAL, XXXXXX XXXX, MEMBER, ESSALUD, [signature] [stamp:] INFRASTRUCTURE DEVELOPMENT COMMITTEE, HEALTH SERVICES, APPROVAL, XXXXXX XXXXX, MEMBER, ESSALUD, [signature] [stamp:] CENTRAL HEALTH BENEFITS MANAGEMENT, APPROVAL, Xx. X. BARREDO, Central Manager, ESSALUD, [signature] [stamp:] CENTRAL FINANCE MANAGEMENT - OGA [Administrative Management Office], APPROVAL, X. XXXXX M., Central Manager, ESSALUD, [signature] [stamp:] CENTRAL INFRASTRUCTURE MANAGEMENT, APPROVAL, X. XXXXX, Control Manager, ESSALUD, [signature] [stamp:] Central Legal Consultancy Office, OFFICE, APPROVAL, X. XXXXX, Control Head, ESSALUD, [signature] [stamp:] GENERAL ADMINISTRATION OFFICE, OFFICE, APPROVAL, X. XXXXXXXXX P., ESSALUD, [signature] [signature] [stamp:] XXXXXXXXX XX XXXXXX MURGEL, LEGAL REPRESENTATIVE [1.5.9.3] [A3_Agreement Xxxxx Xxxxxx,pdf] [Page 18 of 489] [watermark:] xxxxxxxxx.xxxxxxxxxxxxxxxx@xxxxxxxxx.xxx Project Apple / 2/20/2020 10:42 PM CONFIDENTIAL 18 SECTION 2: OBJECT OF THE AGREEMENT
Foreign Exchange Rate. All payments to be made by a Party under this Agreement shall be made in U.S. dollars unless otherwise consented to in writing by the other Party. Except as expressly provided herein, any amount which is not expressed in U.S. dollars shall be converted into U.S. dollars by using the Bloomberg fixing rate at 5:00 pm New York City Time on the day before the date the payment is required to be made or, as applicable, on which an invoice is submitted (provided, however, that with regard to any payments in respect of Indemnifiable Losses for payments made to third parties, the date shall be the day before the relevant payment was made to the Third Party) or in the Wall Street Journal on such date if not so published on Bloomberg. Except as expressly provided herein, in the event that any indemnification payment required to be made hereunder may be denominated in a currency other than U.S. dollars, the amount of such payment shall be converted into U.S. dollars on the date in which notice of the claim is given to the Indemnifying Party.
