Currency Indemnity – US Dollar Transaction. 18.2.1 The Loan is a US Dollar transaction in which the specification of payment in US Dollars and payment at the place specified in the applicable Loan Documents are of the essence. US Dollars shall be the sole currency of account and of payment with respect to all sums due and payable in connection with or related to the Loan, and the place specified in the applicable Loan Documents shall be the sole place of payment in all events.
Appears in 4 contracts
Samples: Share Mortgage Agreement, Holdco) (Cgen Digital Media Co LTD), Share Mortgage Agreement (Cgen Digital Media Co LTD)