Common use of Country or transfer risk Clause in Contracts

Country or transfer risk. There is a risk that a foreign debtor, despite being solvent, fails to meet its payment obligations punctually or at all or does so only in a different currency owing to prevailing conditions affecting transfers in the debtor's country of domicile. For instance, payments to which the AIF is entitled might fail to materialise, be made in a currency that is no longer freely convertible owing to currency restrictions, or be made in a different currency. If the debtor pays in a different cur- rency, the position is exposed to currency risk.

Country or transfer risk. There is a risk that a foreign debtor, despite being solvent, fails to meet its payment obligations punctually or at all or does so only in a different currency owing to prevailing conditions affecting transfers in the debtor's country of domicile. For instance, payments to which the AIF is entitled might fail to materialise, be made in a currency that is no longer freely convertible owing to currency restrictions, or be made in a different currency. If the debtor pays in a different cur- rencycurrency, the position is exposed to currency risk.

Country or transfer risk. There is a risk that a foreign debtor, despite being solvent, fails to to meet its payment obligations punctually or at all or does so only in a different currency owing to prevailing conditions affecting transfers in the debtor's country of domicile. For instance, payments to which the AIF is entitled might fail to materialise, be made in a currency that is no longer freely convertible owing to currency restrictions, or be made in a different currency. If the debtor pays in a different cur- rencycurrency, the position is exposed to currency risk.