Currency Depreciation Risk Mitigation. The Developer promises to cover losses of up to 5% of the Investor’s capital from any depreciation of the Indonesian Rupiah (IDR) against the Singapore Dollar (SGD) during the Project Tenure, only if: (a) The Project makes profit; and (b) Neither of the Parties is completely deprived from profit as a result of this arrangement.
Appears in 4 contracts
Samples: Wakalah Agreement, Musharakah Agreement, Wakalah Agreement
Currency Depreciation Risk Mitigation. The Developer promises has structured a mitigation measure to cover losses of up to 5% of the Investor’s capital from any depreciation of if the Indonesian Rupiah (IDR) against the Singapore Dollar (SGD) during the Project Tenure, only if:
(a) The Project makes profit; and
(b) Neither of the Parties is completely deprived from profit as a result of this arrangement.
Appears in 1 contract
Samples: Wakalah Agreement
Currency Depreciation Risk Mitigation. The Developer promises to cover losses of up to 5% of the Investor’s capital from any depreciation of the Indonesian Rupiah (IDR) against the Singapore Dollar (SGD) during the Project Tenure, only if:
(a) The Project makes profit; and
(b) Neither of the Parties is completely deprived from profit as a result of this arrangement.. In Witness Whereof the Parties hereto have hereunto set their seal and hands the day and year first above written. For the Company For the Investor Section Matter Particulars
Appears in 1 contract
Samples: Wakalah Agreement
