Maintaining Currency Clause Samples

The Maintaining Currency clause requires parties to keep certain information, documents, or obligations up to date throughout the duration of an agreement. In practice, this may involve regularly updating contact details, financial records, or compliance certifications to ensure all parties have access to the most current and accurate information. This clause helps prevent misunderstandings or operational issues that could arise from outdated data, thereby ensuring ongoing compliance and effective communication between parties.
Maintaining Currency a. All faculty members included in an additional RIF unit shall resubmit a request to remain in that RIF unit on a three (3) year cycle beginning with the Academic Year 2009-2010. b. The Human Resources Office shall inform all faculty, in writing, prior to October 1st of each year in which they are due to resubmit a request.
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Related to Maintaining Currency

  • Blocked Currency In each country where the local currency is blocked and cannot be removed from the country, royalties or profit share payments accrued in that country shall be paid to the receiving Party in the country in local currency by deposit in a local bank designated by the receiving Party, unless the Parties otherwise agree.

  • 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.

  • Specified Currency Whether the Note is an OID Note, and if it is an OID Note, the applicability of Modified Payment upon Acceleration (and if so, the Issue Price).

  • Selection of currency A Borrower (or the Company on behalf of a Borrower) shall select the currency of a Loan in a Utilisation Request.

  • Payment Currency All payments due under this Agreement will be paid in U.S. Dollars. Conversion of foreign currency to U.S. Dollars will be made at the conversion rate existing in the United States (as reported in the Wall Street Journal) on the last working day of the applicable Calendar Quarter. Such payments will be without deduction of exchange, collection or other charges.