Currency Correction Sample Clauses

Currency Correction. In considering what sums of money have been expended by the Contractors in rendering the services and/or in fixing the amount of the Award and/or Appeal Award the Arbitrator or Appeal Arbitrator shall to such an extent and insofar as it may be fair and just in all the circumstances give effect to the consequences of any change or changes in the relevant rates of exchange which may have occurred between the date of termination of the services and the date on which the Award or Appeal Award is made.
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Currency Correction. Where at any time the Loan or an Advance is outstanding in one or more Optional Currencies and the Bank by notice given to the Borrower pursuant to clause 17 (a “Currency Correction Notice”) certifies to the Borrower (which Currency Correction Notice shall in the absence of manifest error be conclusive and binding on the Borrower) that the Equivalent Amount in Dollars of the Loan then outstanding (less any amount standing to the credit of the Multicurrency Cash Collateral Account) exceeds by ten per cent (10%) or more (the “excess amount”), the Dollar Amount on the date of such Currency Correction Notice, the Borrower shall, within five (5) Banking Days from the date of such Currency Correction Notice, pay to the Multicurrency Cash Collateral Account, an additional (to any amount already standing to the credit of the Multicurrency Cash Collateral Account before such deposit being made) amount in Dollars equal to the excess amount.
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Currency Correction. In considering what sums of money have been expended by the Contractors in rendering the services and/or in fixing the amount of the award and/or appeal award the Arbitrator or Appeal Arbitrator shall to such an extent and insofar as it may be fair and just in all the circumstances give effect to the consequences of any change or changes in the relevant rates of exchange which may have occurred between the date of termination of the services and the date on which the award or appeal award is made.
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Currency Correction. Where at any time the Loan is outstanding in one or more Optional Currencies and/or Dollars and the Bank by notice given to the Borrower pursuant to clause 17 (a “Currency Correction Notice”) certifies to the Borrower (which Currency Correction Notice shall in the absence of manifest error be conclusive and binding on the Borrower) that the Equivalent Amount in Dollars of the Loan then outstanding (less any amount standing to the credit of the Cash Collateral Account) exceeds by ten per cent (10%) or more (the “excess amount”), the Dollar Amount on the date of such Currency Correction Notice, the Borrower shall, within five (5) Banking Days from the date of such Currency Correction Notice, pay to the Cash Collateral Account such amount in Dollars as shall be necessary to ensure that the minimum balance standing to the credit of the Cash Collateral Account is equal to the excess amount.
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Currency Correction. In considering whatsumsof money have been expended by the Contractors in rendering the services and/or infixing the amount of the Award and/or Appeal Award the Arbitrator or Appeal Arbitrator shall to such an extent and insofar as it may be fair and just in all the circumstances give effect to the consequences of any change or changes in the relevant rates of exchange which may have occurred between the date of termination ofthe services and the date on which the Award or Appeal Award is made.
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Currency Correction. In considering what sums of money have been expended by the Contractor in rendering the services and/or in fixing the amount of the Award and/or Interim Award(s) and/or Award on Appeal the Arbitrator or Appeal Arbitrator(s) shall to such an extent and in so far as it may be fair and just in all the circumstances give effect to the consequences of any change or changes in the relevant rates of exchange which may have occurred between the date of termination of the services and the date on which the Award and/or Interim Award(s) and/or Award on Appeal is made. PROVISIONS AS TO APPEAL
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Currency Correction. In considering what sums of money have been expended by the Contractor in rendering the ser- vices and/or in fixing the amount of the Award and/or Interim Award(s) and/or Award on Appeal the Arbitrator or Appeal Arbitrator(s) shall to such an extent and in so far as it may be fair and just in all the circumstances give effect to the conse- quences of any change or changes in the relevant rates of exchange which may have occurred between the date of ter- mination of the services and the date on which the Award and/or Interim Award(s) and/or Award on Appeal is made. ПРОЦЕНТНАЯ СТАВКА ГОДОВЫХ 11. Заинтересованность. Процентные ставки годовых уста- навливаются арбитром (если не подана апелляция в по- рядке. указанном в настоящем Соглашении) и начисляются на любую присужденную сумму за вычетом любых сумм, уплаченных авансом: (i) со дня даты завершения спасательной операции, если только арбитр по своему усмотрению не примет другого решения до даты объявления Советом решения и/или промежуточного решения, (ii) по истечении 21 дня (исключая субботние и воскресные дни или другие дни, рассматриваемые Xxxxxxx как нера- бочие) со дня объявления Советом решения и/или проме- жуточного решения по день получения платежа спасате- лем или Советом Xxxxxx, включая обе даты. Для цели подпункта (ii) выражение "назначенная сумма", должна включать платы и расходы, упомянутые в пункте 10 (b). 12.
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Related to Currency Correction

  • Currency Calculations All financial statements and Compliance Certificates shall be set forth in Dollars. For purposes of preparing the financial statements, calculating financial covenants and determining compliance with covenants expressed in Dollars, Optional Currencies shall be converted to Dollars in accordance with GAAP.

  • Currency Conversions If you pay for goods and services in a currency other than the Denominated Currency, the amount payable will be converted at the relevant Card Network's reference exchange rate at the clearing time of the Card Transaction, and a foreign exchange fee will apply. The Card Network’s reference exchange rate, and a comparison as against the latest available foreign exchange rates issued by the European Central Bank, are outlined by Visa here and Mastercard here (as may be updated from time to time). The requirements in Article 3a(5) and (6) of Regulation (EC) No 924/2009 (as amended) will not apply for the purposes of these Stripe Issuing Accountholder Terms. When loading funds onto the Stripe Issuing Account and paying in a currency other than the Denominated Currency, the applicable exchange rate will be shown at the time of the Card Transaction. A loading foreign exchange fee will also apply.

  • Currency Conversion (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate of exchange.

  • Foreign Currency Calculations (a) For purposes of determining the Dollar Equivalent of any Advance denominated in a Foreign Currency or any related amount, the Administrative Agent shall determine the Exchange Rate as of the applicable Exchange Rate Date with respect to each Foreign Currency in which any requested or outstanding Advance is denominated and shall apply such Exchange Rates to determine such amount (in each case after giving effect to any Advance to be made or repaid on or prior to the applicable date for such calculation).

  • Currency Fluctuations If on any Computation Date the Revolving Facility Usage is equal to or greater than the Revolving Credit Commitments as a result of a change in exchange rates between one (1) or more Optional Currencies and Dollars, then the Administrative Agent shall notify the Borrower of the same. The Borrower shall pay or prepay (subject to Borrower’s indemnity obligations under Section 2.20 [Increased Costs and Reduced Return] and Section 2.25 [Indemnity]) within five (5) Business Days after receiving such notice such that the Revolving Facility Usage shall not exceed the aggregate Revolving Credit Commitments after giving effect to such payments or prepayments.

  • Currency Generally For purposes of determining compliance with Sections 7.01, 7.02 and 7.03 with respect to any amount of Indebtedness or Investment in a currency other than Dollars, no Default shall be deemed to have occurred solely as a result of changes in rates of currency exchange occurring after the time such Indebtedness or Investment is incurred (so long as such Indebtedness or Investment, at the time incurred, made or acquired, was permitted hereunder).

  • Labor Difficulties There is no labor strike, slowdown, stoppage or lockout actually pending, or, to the knowledge of the Company, threatened against the Company or any of the Company Subsidiaries. Neither the Company nor any Company Subsidiary has experienced any material labor strike, slowdown, stoppage or lockout during the past three (3) years.

  • Rate Quotations The Borrower may call the Administrative Agent on or before the date on which a Loan Request is to be delivered to receive an indication of the rates then in effect, but it is acknowledged that such projection shall not be binding on the Administrative Agent or the Lenders nor affect the rate of interest which thereafter is actually in effect when the election is made.

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