Common use of Currency Control Clause in Contracts

Currency Control. Licensee shall obtain the necessary approvals and registrations (including any reporting requirements to the central bank or monetary authority as the case may be) as required by the appropriate authorities to ensure that all currency control requirements have been met in order to facilitate the smooth and timely payments of the sums (in United States Dollars) due to HBS under this Agreement.

Currency Control. Licensee shall obtain the necessary approvals Approvals and registrations (including any reporting requirements to the central bank or monetary authority as the case may be) as required by the appropriate authorities to ensure that all currency control requirements have been met in order to facilitate the smooth and timely payments of the sums (in United States Dollars) due to HBS RGI under this Agreement.