Common use of Currency Conversion Clause in Contracts

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate of exchange. (b) The obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market the spot rate of exchange. (b) The obligations of any Transaction Obligor at which the Security Agent is able to pay purchase the currency in which the Secured Obligations are due currency shall only be satisfied to the extent of with the amount of the due currency purchased after deducting the costs of conversionreceived.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate of exchange. (b) The obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market the spot rate of exchangeat which the Security Agent is able to purchase the currency in which the Secured Obligations are due with the amount received. (b) The obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, of or pending the discharge of, of any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market the spot rate of exchangeat which the Security Agent is able to purchase the currency in which the Secured Obligations are due with the amount received. (b) The obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent it from one currency to another, at a market rate the Security Agent’s Spot Rate of exchangeExchange. (b) The obligations of any Transaction Obligor Debtor or Security Grantor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate the Security Agent’s Spot Rate of exchangeExchange. (b) The obligations of any Transaction Obligor Debtor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, of or pending the discharge of, of any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate the Security Agent’s Spot Rate of exchangeExchange. (b) The obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys monies received or recovered by the Security Agent from one currency to anotherinto the Base Currency, at a market rate the Security Agent’s Spot Rate of exchangeExchange. (b) The obligations of any Debtor (or, to the extent applicable in relation to Transaction Obligor Security granted by it, any Security Provider) to pay amounts due in the due specified currency shall only be satisfied to the extent of the amount of in the due specified currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate of exchangeexchange available to the Security Agent in its usual course of business. (b) The obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, of or pending the discharge of, of any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market the spot rate of exchangeat which the Security Agent is able to purchase the currency in which the Secured Obligations are due with the amount received. (b) The obligations of any Transaction Obligor the Borrower to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate the Security Agent's Spot Rate of exchangeExchange. (b) The obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate of exchange. (b) The obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Liabilities, the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate of exchange. (b) The obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent it from one currency to another, at a market rate the Security Agent’s Spot Rate of exchangeExchange. (b) The obligations of any Transaction Obligor Debtor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations, the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market the spot rate of exchangeexchange at which the Security Agent is able to purchase the currency in which the Secured Obligations are due with the amount received. (b) The obligations of any Transaction Obligor to pay any amount in the due any currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate the Security Agent's Spot Rate of exchangeExchange. (b) The obligations of any Transaction Obligor Debtor or Third Party Security Provider to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate of exchange. (b) The obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion. For the avoidance of doubt, this provision shall in no way alter the currency and the repayment of the Facility, which shall always be in dollars.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations, the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate the Security Agent’s Spot Rate of exchangeExchange. (b) The obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (aA) For the purpose of, or pending the discharge of, any of the Secured Liabilities the Security and Intercreditor Agent may convert any moneys received or recovered by the Security and Intercreditor Agent from one currency to another, at a market rate the Security and Intercreditor Agent’s Spot Rate of exchangeExchange. (bB) The obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate of exchange. (b) The obligations of any Transaction Obligor the Borrower to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent (including, without limitation, any cash proceeds) from one currency to another, at a market rate the Security Agent's Spot Rate of exchange.Exchange; (b) The obligations of any Transaction Obligor Debtor to pay in the due currency shall only be satisfied in the case of paragraph (a) above, to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations, the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market the Security Agent’s spot rate of exchange. (b) The obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered 84894163_20 by the Security Agent it from one currency to another, at a market rate the Security Agent’s Spot Rate of exchangeExchange. (b) The obligations of any Transaction Obligor Debtor or Security Grantor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities the Liabilities, each Security Agent may convert any moneys received or recovered by the that Security Agent from one currency to another, at a market rate that Security Agent’s Spot Rate of exchangeExchange. (b) The obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate the Dollar Equivalent or, with respect to other currencies, using exchange rates prevailing on the date of exchangedetermination. (b) The obligations of any Transaction Obligor Debtor to pay in the due currency hereunder or under any applicable Debt Document shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities the The Security Agent or any Receiver may convert any moneys received received, recovered or recovered realised by the Security Agent it under this Deed from one their existing currency to another, at a market rate of exchangeinto any other currency it thinks fit. (b) The obligations of Any conversion will be made at a market rate and any Transaction Obligor to pay commissions or charges payable in the due currency shall only be satisfied to the extent respect of the amount conversion will form part of the due currency purchased after deducting the costs of conversionSecured Obligations.

Currency Conversion. ‌ (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate the Agent’s Spot Rate of exchangeExchange. (b) The obligations of any Transaction Obligor Debtor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent (including, without limitation, any cash proceeds) from one currency to another, at a market rate the Security Agent’s Spot Rate of exchange.Exchange; (b) The obligations of any Transaction Obligor Debtor to pay in the due currency shall only be satisfied in the case of paragraph (a) above, to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) 28.4.1 For the purpose of, or pending the discharge of, any part of the Secured Liabilities Indebtedness the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate of exchange. (b) 28.4.2 The obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations, the Security Agent may convert any moneys received or recovered by the Security Agent it from one currency to another, at a market rate the Security Agent’s Spot Rate of exchangeExchange. (b) The obligations of any Transaction Obligor Debtor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities obligations and liabilities secured by the Security Documents, the Security Agent may convert any moneys received it receives or recovered by the Security Agent recovers from one currency to another, at a market rate of exchange. (b) The obligations of any Transaction Obligor to pay in the due currency shall may only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate of exchange. (b) The obligations of any Transaction Obligor the Borrower to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market the spot rate of exchangeat which the Security Agent is able to purchase the currency in which the Secured Obligations are due with the amount received. (b) The obligations of any Transaction Obligor to pay any amount in the due any currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations, the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate of exchange. (b) The obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities the The Security Agent may convert any moneys received received, recovered or recovered realised by the Security Agent it under this Agreement from one their existing currency to another, at a market rate of exchangeinto any other currency it thinks fit. (b) The obligations of Any conversion will be made at a market rate and any Transaction Obligor to pay commissions or charges payable in the due currency shall only be satisfied to the extent respect of the amount conversion will form part of the due currency purchased after deducting the costs of conversionSecured Liabilities.

Currency Conversion. (a) 29.4.1 For the purpose of, or pending the discharge of, any of the Secured Liabilities the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate of exchange. (b) 29.4.2 The obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate of exchange.. ​ (b) The obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate the Security Agent’s Spot Rate of exchangeExchange. (b) The obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) 10.33.1 For the purpose of, or pending the discharge of, any of the Secured Liabilities the Security Agent may convert any moneys monies received or recovered by the Security Agent from one currency to another, at a market the spot rate of exchangeat which the Security Agent is able to purchase the currency in which the Secured Liabilities are due with the amount received. (b) 10.33.2 The obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities obligations and liabilities secured by the Security Documents, the Security Agent may convert any moneys received it receives or recovered by the Security Agent recovers from one currency to another, at a market rate of exchange.. ​ (b) The obligations of any Transaction Obligor to pay in the due currency shall may only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, of or pending the discharge of, of any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market the spot rate of exchangeat which the Security Agent is able to purchase the currency in which the Secured Obligations are due with the amount received. (b) The Subject to the requirements of any applicable law, the obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) 7.33.1 For the purpose of, or pending the discharge of, any of the Secured Liabilities the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market the spot rate of exchangeat which the Security Agent is able to purchase the currency in which the Secured Liabilities are due with the amount received. (b) 7.33.2 The obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market the spot rate of exchangeat which the Agent is able to purchase the currency in which the Secured Obligations are due with the amount received. (b) The obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (aA) For the purpose of, or pending the discharge of, any of the Secured Liabilities Obligations the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate the Security Agent’s Spot Rate of exchangeExchange. (bB) The obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.

Currency Conversion. (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate the relevant PBOC Rate for the purchase of exchangethat currency with that other currency at or about 11 a.m. on the relevant date. (b) The obligations of any Transaction Obligor to pay in the due currency shall only be satisfied to the extent of the amount of the due currency purchased after deducting the costs of conversion.