Common use of Different Currencies Clause in Contracts

Different Currencies. A Finance Party may exercise its rights under clause 23.1 (Set-off rights) notwithstanding that the amounts concerned may be expressed in different currencies and each Finance Party is authorised to effect any necessary conversions at a market rate of exchange selected by it.

Appears in 2 contracts

Samples: Facilities Agreement (Ugi Corp /Pa/), Facilities Agreement (Ugi Corp /Pa/)

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Different Currencies. A Finance Party may exercise its rights under clause 23.1 24.1 (Set-off rights) notwithstanding that the amounts concerned may be expressed in different currencies and each Finance Party is authorised to effect any necessary conversions at a market rate of exchange selected by it.

Appears in 2 contracts

Samples: Credit Agreement (Ocallaghan Barry), Credit Agreement (Delta I Acquisition Inc)

Different Currencies. A Finance Party may exercise its rights under clause 23.1 18.1 (Set-off rightsRights) notwithstanding that the amounts concerned may be expressed in different currencies and each the Finance Party is Parties are authorised to effect any necessary conversions at a market rate of exchange selected by it.

Appears in 1 contract

Samples: Hudson Highland Group Inc

Different Currencies. A Finance Party may exercise its rights under clause 23.1 (Set-off rights) 24.1 notwithstanding that the amounts concerned may be expressed in different currencies and each Finance Party is authorised to effect any necessary conversions at a market rate of exchange reasonably selected by it.

Appears in 1 contract

Samples: Facilities Agreement (Bema Gold Corp /Can/)

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Different Currencies. A Finance Party may exercise its rights under clause 23.1 24.1 (Set-off rightsRights) notwithstanding that the amounts concerned may be expressed in different currencies and each Finance Party is authorised to effect any necessary conversions at a market rate of exchange selected by itit in its usual course of business.

Appears in 1 contract

Samples: Credit Agreement (Fimep Sa)

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