Payments and Currency Sample Clauses

Payments and Currency. 6.1. UNESCO shall make payments to the Individual Specialist on a lump sum basis.
AutoNDA by SimpleDocs
Payments and Currency. UNESCO shall make payments to the Individual Specialist on a lump sum basis. The contract shall be drawn up and all payments made in United States Dollars, Euros or currencies in which UNESCO holds a bank account. Only one currency can be used in any one contract. Where necessary, the United Nations’ operational rate of exchange on the date a contract is signed should be used to convert amounts into another currency, but no adjustments will be made for exchange rate variations during the contract period, either to the overall amount or a staggered payment. UNESCO shall make the following payments to the Individual Specialist for the services to be provided under the terms of this contract: Payment Upon submission and approval by UNESCO of the following: Reference Article 1 Latest date for submission Amount Currency                                                             The final payment, or each payment in the case of staggered payments, shall be made only after receipt and approval as satisfactory by UNESCO of any deliverable that the Individual Specialist is required to submit for payment under the terms of this contract. All payments (see article 6.3 below) shall be effected by bank transfer. UNESCO shall be responsible for its own banking fees but any possible intermediary banking fees, as well as the beneficiary’s own banking fees, shall be the responsibility of the Individual Specialist. No payments shall be made to a third party. Advance Payments Except for expenses necessarily incurred by an Individual Specialist in order to prepare for an assignment (e.g. travel or equipment), no advance payment shall be made.
Payments and Currency. Subject to the provisions contained elsewhere in this Agreement, all Payments may be applied, reversed and/or re-applied, to the Obligations, in such order and manner as PFG shall determine in its absolute discretion. For the avoidance of doubt, the Convertible Notes (and the Face Value) will be made available in USD and is repayable in such currency (along with all interest and fees payable under or in respect of the Convertible Notes) where indicated.
Payments and Currency. Any and all amounts payable hereunder, at the Closing or otherwise, shall be paid to the appropriate party in United States dollars at the Conversion Rate. No payment obligation hereunder shall be discharged by amounts paid in another currency.
Payments and Currency. All payments shall be in U.S. currency payable to Owners at the addresses above and dollar references in this Agreement are to U.S. dollars.
Payments and Currency. 3.1 All payments hereunder shall be made by wire transfer to such bank account as shall be specified by the party to receive the relevant payment by notice in writing to be received by the other party before the date when the relevant payment is to be made.
Payments and Currency. (1) (Place and Time of Payment) Unless otherwise stipulated to the contrary, any and all payments to be made by the Borrower to the LENDERS, the Agent and/or the Collection Agent under any Transaction Document shall be paid, subject to the terms of the General Agency Agreement, in Yen in immediately available funds for value not later than 11:00 a.m. (Tokyo time) on the due date for payment thereof to the account of the Collection Agent as is notified to the Borrower by the Collection Agent. Any payment made on such due date but after that time shall be deemed to have been made on the immediately following Business Day and accordingly interest shall accrue upon any amount paid after that time in accordance with Section (3) of Article V.
AutoNDA by SimpleDocs
Payments and Currency. 37 2.11. Use of Proceeds..................................................................................39 2.12.
Payments and Currency. (a) Except as contemplated by this Agreement, the borrowing by Borrower from the Lenders, each payment (including each prepayment) by Borrower on account of principal, interest and fees required under Sections 2.6(a) and (b), and any reduction of the amount of the Commitments of the Lenders hereunder, shall be made for the account of each Lender according to its Pro Rata Share; provided that payments to the Lenders of interest based upon the Alternate Rate shall be allocated appropriately to give effect to differences among the Lenders' respective costs of funds. All payments (including prepayments) by Borrower on account of principal, interest, fees, costs, indemnities or other amounts payable hereunder or under any of the Loan Documents shall be made to Administrative Agent for the account of the applicable Lenders (except for fees required under Section 2.6(c) which shall be only for the account of Administrative Agent and Agent, respectively) at the account of Administrative Agent specified in Section 10.3(b) and in immediately available funds in the currency required by Section 2.10(b). Each payment or prepayment hereunder and under the Notes and the other Loan Documents shall be made without set-off or counterclaim and free and clear of, and without deduction for, any present or future withholding or other taxes, duties or charges of any nature imposed on or attributable to such payments or prepayments by or on behalf of any Governmental Authority, except for any Excluded Taxes. If any such taxes (other than any Excluded Taxes), duties or charges (including, without limitation, any tax, duty or charge imposed by Sections 1, 2 and/or 39 of the Massachusetts General Laws, Chapter 63, as currently in effect or as amended hereafter or any analogous provisions (or provisions having an analogous effect) of the laws, rules or regulations (or interpretations thereof) of Massachusetts or any other Governmental Authority) are so levied or imposed on or are attributable to any such payment or prepayment, Borrower will make additional payments in such amounts as may be necessary so that the net amount received by a Lender, after withholding or deduction for or on account of all such taxes, duties or charges, will be equal to the amount provided for herein or in such Lender's Note or in any of the other Loan Documents. Whenever any taxes, duties or charges are payable by Borrower with respect to or attributable to any payments or prepayments hereunder or under an...
Payments and Currency. 11 Section 6.01. Place and Time of Payment.............................. 11 Section 6.02. Payments to be Free of Claims and Taxes................ 12 Section 6.03. Payments in Eligible Currency.......................... 12 TABLE OF CONTENTS (continued)
Time is Money Join Law Insider Premium to draft better contracts faster.