Common use of Relevant Currency Clause in Contracts

Relevant Currency. All amounts payable by the Borrower under this Article XII in respect of any tax, duty, penalty, fee, expense, charge, interest, loss, cost or liability shall be payable in the currency in which such tax, duty, penalty, fee, expense, charge, interest, loss, cost or liability is denominated or, if JBIC or the JBIC Agent shall so request, in any other currency at the current exchange rate specified by JBIC or the JBIC Agent (such denominated or other currency, the "RELEVANT CURRENCY").