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Common use of Functional currency Clause in Contracts

Functional currency. The functional currency of the Issuer for the purposes of section 17(4) of the Corporation Tax Act 2010 is sterling.

Appears in 5 contracts

Sources: Corporate Services Agreement, Maples Corporate Services Agreement, Maples Corporate Services Agreement

Related Clauses

  • Base Currency
  • Optional Currencies
  • Foreign Currency
  • Currency
  • Selection of currency

Parent Clauses

  • Significant Accounting Policies
  • Payment Obligations
  • GENERAL
  • Independent Legal Advice
  • Material Accounting Policies

Sub-Clauses

  • Incorporation of the Company
  • Sale and purchase of goods and services
  • Transfer of Safe2Travel to Harvest Well
  • Acquisition of Safe2Travel Pte Ltd (“Safe2Travel”) by ▇▇▇▇▇ ▇▇▇▇
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