Applicable Exchange Rate Clause Samples
POPULAR SAMPLE Copied 333 times
Applicable Exchange Rate. The exchange rate for conversion of the currency into U.S. Dollars shall be calculated on the day payment is made, or the preceding business day if payment is not made on a business day, according to the dollar exchange rate for such currency published in the Wall Street Journal or such other exchange rate to which the parties agree.
Applicable Exchange Rate. For the purposes of this Agreement, the applicable exchange rate for determining the amount of any local currency to be paid to the Government of the exporting country shall be a rate which is not less favorable to the Government of the exporting country than the highest of exchange rates legally obtainable in the importing country and which is not less favorable to the Government of the exporting country than the highest of exchange rates obtainable by any other nation. With respect to local currency:
1. as long as a unitary exchange rate system is maintained by the Government of the importing country, the applicable exchange rate will be the rate at which the central monetary authority of the importing country, or its authorized agent, sells foreign exchange for local currency.
2. if a unitary rate system is not maintained, the applicable rate will be the rate (as mutually agreed by the two Governments) that fulfills the requirements of the first sentence of this section G.
Applicable Exchange Rate. 16 ARTICLE III
Applicable Exchange Rate. In addition to any applicable fees, we may make money when we convert one currency to another currency for you. The exchange rate used when we convert one currency to another is set at our sole discretion, and it includes a markup. The markup is designed to compensate us for several considerations including, without limitation, costs incurred, market risks, and our desired return. The applicable exchange rate does not include, and is separate from, any applicable fees. The exchange rate we provide to you may be different from exchange rates you see elsewhere. Different members may receive different rates for transactions that are the same or similar, and the applicable exchange rate may be different for foreign currency cash, drafts, checks, or wire transfers. Foreign exchange markets are dynamic, and rates fluctuate over time based on market conditions, liquidity, and risks. We’re your arms- length counterparty on foreign exchange transactions. We may refuse to process any request for a foreign exchange transaction.
Applicable Exchange Rate. For purposes of calculating the Purchase Price, and, incidentally, the Paid-Out Indebtedness (including the Employee Payments) and the Retained Indebtedness, any amounts denominated in Canadian dollars shall be converted into U.S. dollars at the exchange rate of US$0.9789/Cdn$1.00.