Local Currency Clause Samples

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Local Currency. All amounts payable under this Agreement by EIML to EWW and / or the Eros International Group shall be paid in United States Dollars, as converted from Indian Rupees and all amounts payable by EWW and / or the Eros International Group to EIML and / or the Eros India Group shall be in United States Dollars, as converted from British Pound Sterling. All amounts shall be payable using the applicable exchange rate on the date of invoice and the Party receiving the payment shall bear all risk from fluctuation of such currencies.
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Local Currency. 7.1. All amounts payable under this Agreement by EIML and/or the relevant Eros India Group entity to EWW and/or the relevant Eros International Group entity shall be paid in United States Dollars, as converted from Indian Rupees, and all amounts payable by EWW and / or the relevant Eros International Group entity to EIML and / or the relevant Eros India Group entity shall be in United States Dollars, as converted from British Pound Sterling. All amounts shall be payable using the applicable exchange rate on the date of the invoice received pursuant to Clause 6 or any other date mutually agreed by the Parties, and the party receiving the payment shall bear all risk from fluctuation of such currencies.
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Local Currency. 1. The provisions of this Article shall apply only with respect to assistance which may be furnished by the Government of the United States of America on a grant basis. 2. The Government of the Netherlands will establish a special account in The Netherlands Bank in the name of the Government of the Netherlands (hereinafter called the Special Account) and will make deposits in guilders to this account as follows: (a) The unencumbered balances of the deposits made by the Government of the Netherlands pursuant to the exchange of notes between the two Governments dated April 20, 1948; (b) Amounts commensurate with the indicated dollar cost to the Government of the United States of America of commodities, services and technical information (including any costs of processing, storing, transporting, repairing or other services incident thereto) made available to the Netherlands on a grant basis by any means authorized under the Economic Co-operation Act of 1948, less, however, the amount of the deposits made pursuant to the exchange of notes referred to in sub-paragraph (a). The Government of the United States of America shall from time to time notify the Government of the Netherlands of the indicated dollar cost of any such commodities, services and technical information, and the Government of the Netherlands will thereupon deposit in the Special Account a commensurate amount of guilders computed at a rate of exchange which shall be the par value agreed at such time with the International Monetary Fund. The Government of the Netherlands may at any time make advance deposits in the Special Account which shall be credited against subsequent notifications pursuant to this paragraph. 3. The Government of the United States of America will from time to time notify the Government of the Netherlands of its requirements for administrative expenditures in guilders within the Netherlands incident to operations under the Economic Cooperation Act of 1948, and the Government of the Netherlands will thereupon make such sums available out of any balances in the Special Account in the manner requested by the Government of the United States of America in the notification. 4. Five percent of each deposit made pursuant to this Article in respect of assistance furnished under authority of the Foreign Aid Appropriation Act, 1949, shall be allocated to the use of the Government of the United States of America for its expenditures in the Netherlands, and sums made available pursuant to...
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Local Currency. 1.1.1.1 Contract 1.1.5.3
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Local Currency. Any order placed and payment for such order will be in U.S. Dollars.
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Local Currency. If the beneficiary country has entered into an Americas Framework Agreement, interest shall be paid in the local currency of the bene- ficiary country and deposited in an Americas Fund. Such interest shall be the property of the beneficiary country, until such time as it is disbursed pursuant to section 2430f(d) of this title. Such local currencies shall be used for the purposes specified in the Americas Frame- work Agreement.
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Local Currency. CLFC Common Shareholders resident in the United States, the United Kingdom and Ireland who are entitled to receive cash from Lifeco pursuant to the Transaction (which for the purposes of this section shall include any payments payable to such shareholders pursuant to sections 2.14 or 2.15) will be paid the local currency equivalent of such cash, at the rate of exchange obtained by Lifeco for such exchange (which shall be made by Lifeco within 3 Business Days of the date of payment) at no cost to Lifeco, except that where such a CLFC Common Shareholder so elects, Lifeco shall make such cash payments to such CLFC Common Shareholder in Canadian currency.
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Local Currency. N/A The invoiced amounts will be paid in [LOCAL CURRENCY]; provided, however, that IFES’s total payment obligations under this Agreement shall in no event exceed the lesser of (i) the invoiced amounts and (ii) the Agreement Ceiling. Subcontractor acknowledges and agrees that the total amount of [LOCAL CURRENCY] available to pay the invoiced amounts will be dependent upon applicable exchange rates at the time payments are made and IFES will not be obligated to pay invoiced amounts to the extent such payment would cause IFES to exceed the Agreement Ceiling.
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Local Currency. To ensure compliance with local financial and regulatory requirements, in jurisdictions where the Parent has a subsidiary, and Products and Services are consumed in such jurisdictions, it is agreed that the relevant subsidiary will undertake the provision of Products and Services and will issue all Price Quotes or invoices for such Products and Services in the local currency of that jurisdiction.
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Related to Local Currency

  • Base Currency For the purposes of any calculation hereunder, we may convert amounts denominated in any other currency into the Base Currency at such rate prevailing at the time of the calculation as we shall reasonably select.

  • Revolving Credit Advances The Borrower shall repay to the Administrative Agent for the ratable account of the Lenders on the Termination Date the aggregate outstanding principal amount of the Revolving Credit Advances then outstanding.

  • Repayment of Revolving Credit Advances The Borrower shall repay to the Agent for the ratable account of the Lenders on the Termination Date the aggregate principal amount of the Revolving Credit Advances then outstanding and all other unpaid Obligations.

  • Successor Administrative Agents An Administrative Agent may resign at any time by giving written notice thereof to the Lenders and Altria and may be removed at any time with or without cause by the Required Lenders. Upon the resignation or removal of JPMCB, as Administrative Agent, Citibank, as Administrative Agent, shall succeed to and become vested with all the rights, powers, discretion, privileges and duties of JPMCB, as Administrative Agent, and JPMCB, as Administrative Agent shall be discharged from its duties and obligations under this Agreement. Upon any other such resignation or removal which results in there being no Administrative Agent hereunder, the Required Lenders shall have the right to appoint a successor Administrative Agent. If no successor Administrative Agent shall have been so appointed by the Required Lenders, and shall have accepted such appointment, within 30 days after the retiring Administrative Agent’s giving of notice of resignation or the Required Lenders’ removal of the retiring Administrative Agent, then the retiring Administrative Agent may, on behalf of the Lenders, appoint a successor Administrative Agent, which shall be a commercial bank organized under the laws of the United States of America or of any State thereof and having a combined capital and surplus of at least $500,000,000. Upon the acceptance of any appointment as Administrative Agent hereunder by a successor Administrative Agent, such successor Administrative Agent shall thereupon succeed to and become vested with all the rights, powers, discretion, privileges and duties of the retiring Administrative Agent, and the retiring Administrative Agent shall be discharged from its duties and obligations under this Agreement. After any retiring Administrative Agent’s resignation or removal hereunder as Administrative Agent, the provisions of this Article VII shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Administrative Agent under this Agreement.

  • Revolving Credit Notes The Obligation of the Borrower to repay the aggregate unpaid principal amount of the Revolving Credit Loans made to it by each Bank, together with interest thereon, shall be evidenced by a Revolving Credit Note dated the Closing Date payable to the order of such Bank in a face amount equal to the Revolving Credit Commitment of such Bank.