Common use of Currency Control Clause in Contracts

Currency Control. In the event that any currency control ----------------- laws come into effect in the Territory which prevent the payment to R2 of any sums due under this Agreement to be made in United States Dollars, GEMS will notify R2 as promptly as practicable, and will cooperate with R2 in any procedure reasonably requested by R2 to give effect to the parties' intent under this Agreement without incurring unreasonable costs.

Appears in 2 contracts

Sources: Distributor Agreement (R2 Technology Inc), Distributor Agreement (R2 Technology Inc)