Currencies and Translation Sample Clauses

Currencies and Translation. 3.15.1 Where any sums to be included in the Working Capital Adjustment are expressed in Pounds or Dollars, such sums shall be included in Pounds and Dollars respectively. Where any sums to be included in the Working Capital Adjustment are expressed in currencies other than Pounds or Dollars, such sums shall be translated into Pounds at the mean of the spot rates quoted per the 9.00AM Reuters benchmark for the currency concerned in relation to trading on the Economic Date or, if no rate is quoted for that day, the most recent preceding day for which a rate is quoted. 3.15.2 Where any sums to be included in the Interim Period Adjustment are expressed in currencies other than Pounds or Dollars, such sums shall be translated into Pounds at the mean of the spot rates quoted per the 9.00AM Reuters benchmark for the currency concerned in relation to trading on the day on which such sum was originally paid by the Seller (or its Affiliates) or originally received by or credited to the Seller (or its Affiliates) or is deemed to have been so paid or received or credited or, if no rate is quoted for that day, the most recent preceding day for which a rate is quoted. 3.15.3 Save as provided in Clauses 3.15.1 and 3.15.2 above, where any sums payable by the Purchaser to the Seller or by the Seller to the Purchaser pursuant to Clauses 3 or 6 are expressed in currencies other than Pounds or Dollars, such sums shall be translated into Pounds at the mean of the spot rates quoted per the 9.00AM Reuters benchmark for the currency concerned in relation to trading on the day on which such sums are paid by the Purchaser to the Seller or by the Seller to the Purchaser (as the case may be) or, if no rate is quoted for that day, the most recent preceding day for which a rate is quoted.
Sample 1
AutoNDA by SimpleDocs
Currencies and Translation. 3.14.1 Where any sums to be included in the Interim Period Adjustment are expressed in currencies other than Pounds or Dollars, such sums shall be translated into Pounds at the mean of the spot rates quoted per the 9.00AM Reuters benchmark for the currency concerned in relation to trading on the day on which such sum was originally paid by the Seller (or its Affiliates) or originally received by or credited to the Seller (or its Affiliates) or is deemed to have been so paid or received or credited or, if no rate is quoted for that day, the most recent preceding day for which a rate is quoted. 3.14.2 Save as provided in Clause 3.14.1 above, where any sums payable by the Purchaser to the Seller or by the Seller to the Purchaser pursuant to Clauses 3 or 6 are expressed in currencies other than Pounds or Dollars, such sums shall be translated into Pounds at the mean of the spot rates quoted per the 9.00AM Reuters benchmark for the currency concerned in relation to trading on the day on which such sums are paid by the Purchaser to the Seller or by the Seller to the Purchaser (as the case may be) or, if no rate is quoted for that day, the most recent preceding day for which a rate is quoted.
Sample 1

Related to Currencies and Translation

  • Translation This permission is granted for non-exclusive world English rights only unless your license was granted for translation rights. If you licensed translation rights you may only translate this content into the languages you requested. A professional translator must perform all translations and reproduce the content word for word preserving the integrity of the article.

  • Currency Translation The Administrative Agent shall determine the US Dollar Equivalent of any Borrowing denominated in a currency other than US Dollars as of the date of the commencement of the initial Interest Period therefor and as of the date of the commencement of each subsequent Interest Period therefor, in each case using the Exchange Rate for such currency in relation to US Dollars in effect on the date that is three Business Days prior to the date on which the applicable Interest Period shall commence, and each such amount shall, except as provided in the last two sentences of this Section, be the US Dollar Equivalent of such Borrowing until the next required calculation thereof pursuant to this sentence. The Administrative Agent shall determine the US Dollar Equivalent of any Letter of Credit denominated in a currency other than US Dollars as of the date such Letter of Credit is issued, amended to increase its face amount, extended or renewed and as of the last Business Day of each subsequent calendar quarter, in each case using the Exchange Rate for such currency in relation to US Dollars in effect on the date that is three Business Days prior to the date on which such Letter of Credit is issued, amended to increase its face amount, extended or renewed and as of the last Business Day of such subsequent calendar quarter, as the case may be, and each such amount shall, except as provided in the last two sentences of this Section, be the US Dollar Equivalent of such Letter of Credit until the next required calculation thereof pursuant to this sentence. The Administrative Agent shall notify the Company and the Lenders of each calculation of the US Dollar Equivalent of each Borrowing or Letter of Credit. Notwithstanding the foregoing, for purposes of any determination under Article V, Article VI (other than Sections 6.08 and 6.09) or Section 7.01 or any determination under any other provision of this Agreement expressly requiring the use of a current exchange rate, all amounts incurred, outstanding or proposed to be incurred or outstanding in currencies other than US Dollars shall be translated into US Dollars at currency exchange rates in effect on the date of such determination. For purposes of Section 6.08 and 6.09, amounts in currencies other than US Dollars shall be translated into US Dollars at the currency exchange rates used in preparing the Company’s annual and quarterly financial statements.

  • Translation Services Translation services are available under this Contract for non-English speaking Members. Please contact Us at the number on Your ID card to access these services.

  • Translations In the event of any discrepancy, misstatement, omission or error appearing in the various translations on the particulars and condition herein, the English version shall prevail.

  • Languages 20.1 The Proclamation of Sale, these conditions of sale and the Memorandum may have been translated and published in different forms and languages. In the event of any discrepancy, misstatement, omission or error appearing in the various forms or languages, this English version shall prevail.

  • Currency and Foreign Transactions Reporting Act The operations of the Company are and have been conducted at all times in compliance with (i) the requirements of the U.S. Treasury Department Office of Foreign Asset Control and (ii) applicable financial recordkeeping and reporting requirements of the Currency and Foreign Transaction Reporting Act of 1970, as amended, including the Money Laundering Control Act of 1986, as amended, the rules and regulations thereunder and any related or similar money laundering statutes, rules, regulations or guidelines, issued, administered or enforced by any Federal governmental agency (collectively, the “Money Laundering Laws”) and no action, suit or proceeding by or before any court or governmental agency, authority or body or any arbitrator involving the Company with respect to the Money Laundering Laws is pending or, to the Company’s knowledge, assuming reasonable inquiry, threatened.

  • Procurement of Goods and Services (a) If the HSP is subject to the procurement provisions of the BPSAA, the HSP will abide by all directives and guidelines issued by the Management Board of Cabinet that are applicable to the HSP pursuant to the BPSAA. (b) If the HSP is not subject to the procurement provisions of the BPSAA, the HSP will have a procurement policy in place that requires the acquisition of supplies, equipment or services valued at over $25,000 through a competitive process that ensures the best value for funds expended. If the HSP acquires supplies, equipment or services with the Funding it will do so through a process that is consistent with this policy.

  • Other Methods of Procurement of Goods and Works. The following table specifies the methods of procurement, other than International Competitive Bidding, which may be used for goods and works. The Procurement Plan shall specify the circumstances under which such methods may be used: (a) National Competitive Bidding (b) Shopping (c) Direct Contracting

  • DOMESTIC PREFERENCES FOR PROCUREMENTS To the extent applicable, Supplier certifies that during the term of this Contract will comply with applicable requirements of 2 C.F.R. § 200.322.

  • Currency All sums of money which are referred to in this Agreement are expressed in lawful money of Canada, unless otherwise specified.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!