Currency Conversion. (a) For the purpose of, or pending any payment to be made by any Servicing Party under any Finance Document, such Servicing Party may convert any moneys received or recovered by it from one currency to another, at a market rate of exchange.
Appears in 33 contracts
Samples: Facility Agreement (Okeanis Eco Tankers Corp.), Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)
Currency Conversion. (a) For the purpose of, or pending any payment to be made by any Servicing Party under any Finance Document, such Servicing Party may convert any moneys received or recovered by it from one currency to another, at a market rate of exchangeexchange available to that Servicing Party in its usual course of business.
Appears in 5 contracts
Samples: Facility Agreement (United Maritime Corp), Facility Agreement (United Maritime Corp), Assignment Agreement (United Maritime Corp)
Currency Conversion. (a) For the purpose of, or pending any payment to be made by any Servicing Party the Facility Agent or Security Trustee under any Finance Loan Document, such Servicing Party may convert any moneys received or recovered by it from one currency to another, at a market rate of exchangeexchange available to that Party in its usual course of business.
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Currency Conversion. (a) For the purpose of, or pending any payment to be made by any Servicing Party Bank under any Finance Document, such Servicing Party Bank may convert any moneys received or recovered by it from one currency to another, at a market rate of exchange.
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