Common use of Payments in Relevant Currency Clause in Contracts

Payments in Relevant Currency. All payments to be made by each Originator hereunder shall be made in Dollars (the "relevant currency"). To the fullest extent permitted by law, the obligation of each Originator in respect of any amount due in the relevant currency under this Agreement shall, notwithstanding any payment in any other currency (whether pursuant to a judgment or otherwise), be discharged only to the extent of the amount in the relevant currency that the Buyer or its assignee, as applicable, may, in accordance with normal banking procedures, purchase with the sum paid in such other currency (after any premium and costs of exchange) on the Business Day immediately following the day on which the Buyer or its assignee, as applicable, receives such payment. If the amount in the relevant currency that may be so purchased for any reason falls short of the amount originally due, each Originator shall pay such additional amounts, in the relevant currency, as may be necessary to compensate for the shortfall. Any obligations of the undersigned not discharged by such payment shall, to the fullest extent permitted by applicable law, be due as a separate and independent obligation and, until discharged as provided herein, shall continue in full force and effect.

Payments in Relevant Currency. All payments to be made by each Originator hereunder shall be made in Dollars (the "“relevant currency"”). To the fullest extent permitted by law, the obligation of each Originator in respect of any amount due in the relevant currency under this Agreement shall, notwithstanding any payment in any other currency (whether pursuant to a judgment or otherwise), be discharged only to the extent of the amount in the relevant currency that the Buyer or its assignee, as applicable, may, in accordance with normal banking procedures, purchase with the sum paid in such other currency (after any premium and costs of exchange) on the Business Day immediately following the day on which the Buyer or its assignee, as applicable, receives such payment. If the amount in the relevant currency that may be so purchased for any reason falls short of the amount originally due, each Originator shall pay such additional amounts, in the relevant currency, as may be necessary to compensate for the shortfall. Any obligations of the undersigned not discharged by such payment shall, to the fullest extent permitted by applicable law, be due as a separate and independent obligation and, until discharged as provided herein, shall continue in full force and effect.