Conversion Rate Calculation Clause Samples

Conversion Rate Calculation. Each Payment Strip shall be converted from a Euro denomination to a U.S. Dollar denomination by determining [***…***]. The Euro portion of the ATP Balance shall be converted to U.S. Dollars utilizing the Spot Rate. The total firm fixed price for the Work to be performed under this Contract (the “Base Contract Price”) as set forth in this Article 4.1 shall be [***…***]. The Parties shall promptly execute an amendment to this Contract reflecting the U.S. denominated Base Contract Price and applicable Milestone Payments.