Common use of Currency Fluctuation Clause in Contracts

Currency Fluctuation. The Card Facility Credit Limit, or the Total Credit Limit when applicable, is established in Canadian dollars for all Commercial Card Products and Business Card Products, even though some of these products are billed in U.S dollars. If, at any time and for any reason, including daily currency fluctuations, the amount of any Account Credit Limit is, when the U.S dollar amount of Debt under any such Account Credit Limit is converted to the equivalent amount in Canadian dollars, exceeded, the Customer shall immediately repay such excess to Royal Bank.

Currency Fluctuation. The Card Facility Credit Limit, or the Total Credit Limit when applicable, is established in Canadian dollars for all Commercial Card Products and Business Card Products, even though some of these products are billed in U.S U.S. dollars. If, at any time and for any reason, including daily currency fluctuations, the amount of any Account Credit Limit is, is exceeded when the U.S U.S. dollar amount of Debt under any such Account Credit Limit is converted to the equivalent amount in Canadian dollars, exceeded, the Customer shall immediately repay such excess to Royal Bank.

Currency Fluctuation. The Card Facility Credit Limit, or the Total Credit Limit when applicable, is established in Canadian dollars for all Commercial Card Products and Business Card Products, even though some of these products are billed in U.S U. S dollars. If, at any time and for any reason, including daily currency fluctuations, the amount of any Account Credit Limit is, when the U.S U. S dollar amount of Debt under any such Account Credit Limit is converted to the equivalent amount in Canadian dollars, exceeded, the Customer shall immediately repay such excess to Royal Bank.