Account Currency Sample Clauses
The Account Currency clause defines the specific currency in which all transactions, payments, or account balances under the agreement will be denominated and settled. In practice, this means that regardless of the parties' locations or the currencies they use in their daily operations, all financial obligations related to the account must be fulfilled in the designated currency, such as US dollars or euros. This clause ensures consistency and clarity in financial dealings, minimizing the risks and complications associated with currency conversion and exchange rate fluctuations.
Account Currency. When you open an Account with us, you will select the currency for your Account, which will be the Account Currency of your Account. All contracts will be conducted in the currency appropriate to the Contracts and converted into Account Currency at the prevailing spot rate for the purposes of calculating the components of your Account summary.
Account Currency. The student receives: - financial support from the EU Erasmus+ no grant from the EU (EU zero-grant) financial support from the EU Erasmus+ combined with some days with no EU grant support The financial support includes: Support for Participants with special needs Financial support for students from disadvantaged socio-economic background [as defined by the National Agency] (hereinafter just “Participant”),
Account Currency. 4.4.1 The currency of your Account will be shown on the Platform. Where required, the currency of a Trade will be converted to the currency of the Account at the current exchange rate at the relevant time as determined by us.
Account Currency. You shall designate a base currency of your Account in which XHK will recalculate net asset value of your positions. This account base currency may be changed from time to time, upon reasonable request, at your expense. XHK has a multi-currency settlement account structure whereas each currency account is added whenever certain currency position entered.
Account Currency. Accounts shall be only in EUR currency.
Account Currency. You shall designate a base currency of your Account in which EXT will recalculate net asset value of your positions. This account base currency may be changed from time to time, upon reasonable request, at your expense. EXT has a multi-currency settlement account structure whereas each currency account is added whenever certain currency position entered.
Account Currency. The books of account of the Company shall be kept in RMB. At the request of the Mueller Parties, certain data shall be additionally recorded in U.S. ▇▇▇▇▇▇s. Any currency conversion or transaction necessary for the preparation of the Company's books and accounts, contributions to the Registered Capital, distribution of profits and other purposes, shall be made in accordance with the average of the buying and selling rates for the particular currency quoted by the People's Bank of China on the date of such conversion or transaction, provided that for all income statement items or otherwise for the purpose of preparation of the income statement, the monthly average of the buying and selling rates for the particular currency quoted by the People's Bank of China for the period covered by such income statement shall be applied.
Account Currency. You shall designate a base currency of your Account in which EXANTE will recalculate net asset value of your positions. This account base currency may be changed from time to time, upon reasonable request, at your expense. EXANTE has a multi‐currency settlement account structure whereas each currency account is added whenever certain currency position entered.
Account Currency. 6.4.1 Any Demand shall specify the account on which the payment of any amount payable under this Government Guarantee shall be paid.
6.4.2 Any amount payable under this Government Guarantee shall be paid in the same currency in which such amount is expressed to be payable under the Agreement, and the Government waives any right it may have in any jurisdiction to pay any amount under this Government Guarantee in another currency or currency unit. 61 Drafting note: add, if need be, additional Contracting Authority Event of Default entitling the Service Provider to make a claim under the Government Guarantee. The clause is limited to the event the Contracting Authority did not paid the Service Provider.
6.4.3 If any sum due from the Government under this Government Guarantee (a “Sum”), or any order, judgment or award given or made in relation to a Sum, has to be converted from the currency (the “First Currency”) in which that Sum is payable into another currency (the “Second Currency”) for the purpose of:
(a) making or filing a claim or proof against the Government, o
(b) obtaining or enforcing an order, judgment or award in relation to any litigation or arbitration proceedings, the Government shall as an independent obligation, within three business days of demand, indemnify the Service Provider against any cost, loss or liability arising out of or as a result of the conversion including any discrepancy between (A) the rate of exchange used to convert that Sum from the First Currency into the Second Currency and (B) the rate or rates of exchange available to that person at the time of its receipt of that Sum.