Examples of Alternate Currency Addendum in a sentence
The applicable Borrower agrees to pay to each Alternate Currency Lender, for its sole account, a fronting fee equal to the percentage set forth in the applicable Alternate Currency Addendum multiplied by the average daily outstanding Dollar Amount of all Alternate Currency Loans made by such Alternate Currency Lender.
In the event that any payment, whether pursuant to a judgment or otherwise, upon conversion and transfer, does not result in payment of the amount of such Alternate Currency due under this Agreement or the applicable Alternate Currency Addendum, such Lender shall have an independent cause of action against each of the Borrowers for the currency deficit.
In the event that any payment, upon conversion and transfer, results in payment in excess of the amount of such Alternate Currency due under this Agreement or the applicable Alternate Currency Addendum, such Lender shall refund such excess to the applicable Borrower.
Charles Amos Pallangyo PERMANENT SECRETARYDar es Salaam, September 2013Acknowledgements The midterm analytical review of performance of the health sector strategic plan III, July 2009–June 2015, is an important undertaking of the Ministry of Health and Social Welfare.
For the avoidance of doubt, it is understood that no Lender shall have any obligation hereunder to execute an Alternate Currency Addendum and so to become an Alternate Currency Lender.