Common use of Foreign Currencies Clause in Contracts

Foreign Currencies. No restriction will be imposed on importation by the Contractor of the funds intended for the performance of the Petroleum Operations. The flow of incoming and outgoing funds (investment and dividends) shall comply with the laws of Suriname, including with the country’s monetary authorities.

Foreign Currencies. No restriction will be imposed on importation by the Contractor of the funds intended for the performance of the Petroleum OperationsOperations or exportation of funds or distribution of proceeds to accounts outside of Suriname. The flow of incoming and outgoing funds (investment and dividends) shall comply with the laws of SurinameApplicable Law, including with those of the country’s monetary authorities.