Currency and Other Indemnities. No payment to Buyer shall discharge the Guarantor unless it is received in full in the currency in which it is payable. If any such payment is received in a different currency, Buyer shall have a separate cause of action against the Guarantor for the amount of the shortfall following actual conversion of such payment into the currency in which the liability is payable.
Appears in 2 contracts
Samples: Share Purchase and Loan Assignment Agreement, Share Purchase and Loan Assignment Agreement (China Enterprises LTD)
Currency and Other Indemnities. No payment to Buyer shall discharge the Guarantor unless it is received in full frill in the currency in which it is payable. If any such payment is received in a different currency, Buyer shall have a separate cause of action against the Guarantor for the amount of the shortfall following actual conversion of such payment into the currency in which the liability is payable.
Appears in 2 contracts
Samples: Share Purchase and Loan Assignment Agreement, Share Purchase and Loan Assignment Agreement (China Enterprises LTD)
Currency and Other Indemnities. No payment to Buyer the Debentureholders shall discharge the Guarantor unless it is received in full in the currency in which it is payable. If any such payment is received in a different currency, Buyer the Debentureholders shall have a separate cause of action against the Guarantor for the amount of the shortfall following actual conversion of such payment into the currency in which the liability is payable.
Appears in 2 contracts
Samples: capital.sec.or.th, capital.sec.or.th
