Account Currency Sample Clauses

The Account Currency clause defines the specific currency in which all transactions, payments, or account balances under the agreement will be denominated and settled. In practice, this means that regardless of the parties' locations or the currencies they use in their daily operations, all financial obligations related to the account must be fulfilled in the designated currency, such as US dollars or euros. This clause ensures consistency and clarity in financial dealings, minimizing the risks and complications associated with currency conversion and exchange rate fluctuations.
Account Currency. When you open an Account with us, you will select the currency for your Account, which will be the Account Currency of your Account. All contracts will be conducted in the currency appropriate to the Contracts and converted into Account Currency at the prevailing spot rate for the purposes of calculating the components of your Account summary.
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Account Currency. The student receives: - financial support from the EU Erasmus+  no grant from the EU (EU zero-grant)  financial support from the EU Erasmus+ combined with some days with no EU grant support  The financial support includes: Support for Participants with special needs  Financial support for students from disadvantaged socio-economic background [as defined by the National Agency]  (hereinafter just “Participant”),
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Account Currency. 4.4.1 The currency of your Account will be shown on the Platform. Where required, the currency of a Trade will be converted to the currency of the Account at the current exchange rate at the relevant time as determined by us.
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Account Currency. You shall designate a base currency of your Account in which XHK will recalculate net asset value of your positions. This account base currency may be changed from time to time, upon reasonable request, at your expense. XHK has a multi-currency settlement account structure whereas each currency account is added whenever certain currency position entered.
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Account Currency. Accounts shall be only in EUR currency.
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Account Currency. You shall designate a base currency of your Account in which EXT will recalculate net asset value of your positions. This account base currency may be changed from time to time, upon reasonable request, at your expense. EXT has a multi-currency settlement account structure whereas each currency account is added whenever certain currency position entered.
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Account Currency. The books of account of the Company shall be kept in RMB. At the request of the Mueller Parties, certain data shall be additionally recorded in U.S. ▇▇▇▇▇▇s. Any currency conversion or transaction necessary for the preparation of the Company's books and accounts, contributions to the Registered Capital, distribution of profits and other purposes, shall be made in accordance with the average of the buying and selling rates for the particular currency quoted by the People's Bank of China on the date of such conversion or transaction, provided that for all income statement items or otherwise for the purpose of preparation of the income statement, the monthly average of the buying and selling rates for the particular currency quoted by the People's Bank of China for the period covered by such income statement shall be applied.
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Account Currency. You shall designate a base currency of your Account in which EXANTE will recalculate net asset value of your positions. This account base currency may be changed from time to time, upon reasonable request, at your expense. EXANTE has a multi‐currency settlement account structure whereas each currency account is added whenever certain currency position entered.
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Account Currency. 6.4.1 Any Demand shall specify the account on which the payment of any amount payable under this Government Guarantee shall be paid. 6.4.2 Any amount payable under this Government Guarantee shall be paid in the same currency in which such amount is expressed to be payable under the Agreement, and the Government waives any right it may have in any jurisdiction to pay any amount under this Government Guarantee in another currency or currency unit. 61 Drafting note: add, if need be, additional Contracting Authority Event of Default entitling the Service Provider to make a claim under the Government Guarantee. The clause is limited to the event the Contracting Authority did not paid the Service Provider. 6.4.3 If any sum due from the Government under this Government Guarantee (a “Sum”), or any order, judgment or award given or made in relation to a Sum, has to be converted from the currency (the “First Currency”) in which that Sum is payable into another currency (the “Second Currency”) for the purpose of: (a) making or filing a claim or proof against the Government, o (b) obtaining or enforcing an order, judgment or award in relation to any litigation or arbitration proceedings, the Government shall as an independent obligation, within three business days of demand, indemnify the Service Provider against any cost, loss or liability arising out of or as a result of the conversion including any discrepancy between (A) the rate of exchange used to convert that Sum from the First Currency into the Second Currency and (B) the rate or rates of exchange available to that person at the time of its receipt of that Sum.
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Related to Account Currency

  • Payment Currency All payments due under this Agreement will be paid in U.S. Dollars. Conversion of foreign currency to U.S. Dollars will be made at the conversion rate existing in the United States (as reported in the Wall Street Journal) on the last working day of the applicable Calendar Quarter. Such payments will be without deduction of exchange, collection or other charges.

  • Judgment Currency If, for the purposes of obtaining judgment in any court, it is necessary to convert a sum due hereunder or any other Loan Document in one currency into another currency, the rate of exchange used shall be that at which in accordance with normal banking procedures the Administrative Agent could purchase the first currency with such other currency on the Business Day preceding that on which final judgment is given. The obligation of the Borrower in respect of any such sum due from it to the Administrative Agent or the Lenders hereunder or under the other Loan Documents shall, notwithstanding any judgment in a currency (the “Judgment Currency”) other than that in which such sum is denominated in accordance with the applicable provisions of this Agreement (the “Agreement Currency”), be discharged only to the extent that on the Business Day following receipt by the Administrative Agent of any sum adjudged to be so due in the Judgment Currency, the Administrative Agent may in accordance with normal banking procedures purchase the Agreement Currency with the Judgment Currency. If the amount of the Agreement Currency so purchased is less than the sum originally due to the Administrative Agent from the Borrower in the Agreement Currency, the Borrower agrees, as a separate obligation and notwithstanding any such judgment, to indemnify the Administrative Agent or the Person to whom such obligation was owing against such loss. If the amount of the Agreement Currency so purchased is greater than the sum originally due to the Administrative Agent in such currency, the Administrative Agent agrees to return the amount of any excess to the Borrower (or to any other Person who may be entitled thereto under applicable Law).

  • Blocked Currency In each country where the local currency is blocked and cannot be removed from the country, royalties or profit share payments accrued in that country shall be paid to the receiving Party in the country in local currency by deposit in a local bank designated by the receiving Party, unless the Parties otherwise agree.

  • Specified Currency Whether the Note is an OID Note, and if it is an OID Note, the applicability of Modified Payment upon Acceleration (and if so, the Issue Price).

  • Selection of currency A Borrower (or the Company on behalf of a Borrower) shall select the currency of a Loan in a Utilisation Request.