Common use of Change of Currency Clause in Contracts

Change of Currency. Unless otherwise prohibited by law, if more than one currency or currency unit are at the same time recognised by the central bank of any country as the lawful currency of that country, then:

Appears in 34 contracts

Samples: Term Loan Facility (Okeanis Eco Tankers Corp.), Amendment and Restatement Agreement (IHS Holding LTD), Term Loan Facility (Navios Maritime Partners L.P.)

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Change of Currency. (a) Unless otherwise prohibited by law, if more than one currency or currency unit are at the same time recognised by the central bank of any country as the lawful currency of that country, then:

Appears in 12 contracts

Samples: Amendment and Restatement Agreement (Atlas Investissement), Facility Agreement (Taylor Maritime Investments LTD), Term Loan Facility Agreement (GDS Holdings LTD)

Change of Currency. Unless otherwise prohibited by law, if more than one currency or currency unit are at the same time recognised recognized by the central bank of any country as the lawful currency of that country, then:

Appears in 3 contracts

Samples: Facility Agreement (OI S.A. - In Judicial Reorganization), Facility Agreement (Scorpio Tankers Inc.), Credit and Guaranty Agreement (Xerium Technologies Inc)

Change of Currency. (A) Unless otherwise prohibited by law, if more than one currency or currency unit are at the same time recognised by the central bank of any country as the lawful currency of that country, then:

Appears in 2 contracts

Samples: Loan Agreement (Kosmos Energy Ltd.), Revolving Credit Facility Agreement (Kosmos Energy Ltd.)

Change of Currency. Unless otherwise prohibited by law, if If more than one currency or currency unit are at the same time recognised recognized by the central bank of any country as the lawful currency of that country, then:

Appears in 1 contract

Samples: Credit Agreement (Phoenix Companies Inc/De)

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Change of Currency. (a) Unless otherwise prohibited by law, if more than one currency or currency unit are at the same time recognised by the central bank of any country as the lawful currency of that country, then:: ​

Appears in 1 contract

Samples: Loan Agreement (Ardmore Shipping Corp)

Change of Currency. (a) Unless otherwise prohibited by law, if more than one currency or currency unit are at the same time recognised by the central bank of any country as the lawful currency of that country, then:: (i) any reference in the Finance Documents to, and any obligations arising under the Finance Documents in, the currency of that country shall be translated into, or paid in, the currency or currency unit of that country designated by the Facility Agent (after consultation with the Company); and

Appears in 1 contract

Samples: Multicurrency Revolving Facility Agreement (H Lundbeck a S)

Change of Currency. Unless otherwise prohibited by law, if more than one currency or currency unit are at the same time recognised by the central bank of any country as the lawful currency of that country, then: (a) any reference in the Facility to, and any obligations arising under the Facility in, the currency of that country shall be translated into, or paid in, the currency or currency unit of that country designated by the Lender; and (b) any translation from one currency or currency unit shall be at a rate equal to the Spot Rate.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Mobifon Holdings Bv)

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