Common use of Conversion of currencies on application Clause in Contracts

Conversion of currencies on application. In making an application under Clause 8.1, the Secured Party, Receiver or Attorney may itself or through its bankers purchase one currency with another in the manner and amounts and at the times it thinks fit, whether or not the purchase is through an intermediate currency, or spot or forward.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Peabody Energy Corp)

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Conversion of currencies on application. In For the purpose of making an application under Clause 8.1clause 10.1, the Secured PartyParties, any Receiver or any Attorney may itself or through its bankers purchase one currency with another in the manner and amounts and at the times it thinks fitanother, whether or not the purchase is through an intermediate currency, or whether spot or forward, in the manner and at the time it thinks fit.

Appears in 2 contracts

Samples: General Security Agreement, Specific Security Agreement

Conversion of currencies on application. In For the purposes of making an application under Clause 8.1, the Secured Party, Receiver or Attorney clause 10.1 any Enforcing Party may itself or through its bankers purchase one currency with another in the manner and amounts and at the times it thinks fitanother, whether or not the purchase is through an intermediate currency, or whether spot or forward, in such manner and at such time as it thinks fit.

Appears in 1 contract

Samples: Gold Fields LTD

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Conversion of currencies on application. In making an application under Clause clause 8.1, the Secured PartySecurity Trustee, Receiver or Attorney may itself itself, or through its bankers bankers, purchase one currency with another another, whether or not through an intermediate currency, whether spot or forward, in the manner and amounts and at the times time it thinks fit, whether or not the purchase is through an intermediate currency, or spot or forward.

Appears in 1 contract

Samples: Security Agreement (Legend International Holdings Inc)

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