Contract Currency definition

Contract Currency means in relation to a payment for any transaction, the currency of such payment as specified in the Confirmation.

Contract Currency shall have the meaning ascribed in Section 11.1.

Contract Currency means the currency in which the Contract is based as stated in the Contract Certificate.

Examples of Contract Currency in a sentence

• Price Basis, Price Adjustment, Contract Currency and Payments Please refer Section B – GCC Clause nos.

• Price Basis, Price Adjustment, Contract Currency, Payments and Taxes & Duties Please refer Section B – GCC Clause nos.

• Booking Date - 01/03/96Value Date - 05/03/96 Contract Currency - USD Contract Amount - 1000 $Spot Days maintained for USD -2 In this case the exchange rates to be applied to the transfer will be picked up from the currency table on 3, March, 1997, Spot days (2 days) before the Value date of the transfer.

• If the amount of Contract Currency you are able to purchase is less than the amount calculated pursuant to the provisions of the Agreement (whether the difference is as a result of a movement in exchange rates or otherwise), I shall indemnify you for the difference.

• For the purposes of this provision, the Local Currency Equivalent shall be calculated at the best spot rate at which you offer to sell the local currency, at or about a time chosen by you on the date on which you make payment in accordance with this provision, in exchange for the Contract Currency that you would have paid to me if you had performed such Contract.

More Definitions of Contract Currency

Contract Currency means Sterling, being the lawful currency of the United Kingdom, denoted as “GBP”, “£” and "Sterling";

Contract Currency means Euro, being the single currency of the European Union introduced in a Member State pursuant to its participation in the Economic and Monetary Union in the European Union, denoted as “EUR”, “€” and "Euro";

Contract Currency means U.S. Dollars or any other currency of a Purchaser member country as may be specified in the SC.

Contract Currency means the currency in which the "buyer" is obligated to pay you under the terms of the "contract of sale".

Contract Currency means the currency in which the payment is made under this Contract, here EURO.

Contract Currency means, with respect to any Secured Obligation, the currency in which such Secured Obligation is denominated or otherwise stated to be payable.

Contract Currency means the currency specified in Clause 0 of this Agreement.