Common use of Currency Availability Clause in Contracts

Currency Availability. Notwithstanding Sections 1.02 and 3.01(a), if the Bank is unable to obtain access to the agreed upon Single Currency, the Bank may disburse in any other Single Currency of its choice, until such time as it is able to regain access to the agreed-upon Single Currency. Amortization payments shall be made in the Single Currency disbursed, and interest and other financial charges shall be those which correspond to such Single Currency. CHAPTER II

Appears in 1 contract

Samples: idbdocs.iadb.org

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Currency Availability. Notwithstanding Sections 1.02 and 3.01(a), if the Bank is unable to obtain access to the agreed upon Single Currency, the Bank may disburse in any other Single Currency of its choice, until such time as it is able to regain access to the agreed-upon Single Currency. Amortization payments shall be made in the Single Currency disbursed, and interest and other financial charges shall be those which correspond to such Single Currency. CHAPTER II.

Appears in 1 contract

Samples: idbdocs.iadb.org

Currency Availability. Notwithstanding Sections 1.02 and 3.01(a), if the Bank is unable to obtain access to the agreed upon Single Currency, the Bank may disburse in any other Single Currency of its choice, until such time as it is able to regain access to the agreed-agreed upon Single Currency. Amortization payments shall be made in the Single Currency disbursed, and interest and other financial charges shall be those which correspond to such Single Currency. CHAPTER II

Appears in 1 contract

Samples: Loan Contract

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Currency Availability. Notwithstanding Sections 1.02 and 3.01(a)) of these Special Conditions, if the Bank is unable to obtain access to the agreed upon Single Currency, the Bank may disburse in any other Single Currency of its it choice, until such time as it is able to regain access to the agreed-agreed upon Single Currency. Amortization payments shall be made in the Single Currency disbursed, and interest and other financial charges shall be those those, which correspond to such Single Currency. CHAPTER II.

Appears in 1 contract

Samples: www.decentralisatie.org

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