Common use of Currency of account Clause in Contracts

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.

Appears in 32 contracts

Samples: Loan Agreement (Ardmore Shipping Corp), Term and Accordion Facilities Agreement (Ardmore Shipping Corp), Term Loan Facility (Castor Maritime Inc.)

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Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars is the currency of account and payment for any sum due from an a Transaction Obligor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.

Appears in 20 contracts

Samples: Facility Agreement (Navios Maritime Partners L.P.), Term Loan Facility (United Maritime Corp), Term Loan Facility (Navios Maritime Partners L.P.)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars USD is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars USD shall be paid in that other currency.

Appears in 9 contracts

Samples: Amendment and Restatement Agreement (DHT Holdings, Inc.), Term Loan Facility Agreement (KNOT Offshore Partners LP), Senior Secured Revolving Loan Facility Agreement (DHT Holdings, Inc.)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars US Dollars is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars US Dollars shall be paid in that other currency.

Appears in 8 contracts

Samples: Facility Agreement (VNG LTD), Facility Agreement (OI S.A. - In Judicial Reorganization), Common Terms Agreement (Sunpower Corp)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars Dollars is the currency of account and payment for any sum due from an Obligor the Borrower under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars Dollars shall be paid in that other currency.

Appears in 7 contracts

Samples: Bpifae Facility Agreement (Globalstar, Inc.), Second Lien Facility Agreement (Globalstar, Inc.), Bpifae Facility Agreement (Globalstar, Inc.)

Currency of account. (a) Subject to paragraphs (b) and (c) below, US dollars is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than US dollars shall be paid in that other currency.

Appears in 6 contracts

Samples: Secured Facility Agreement (Amkor Technology, Inc.), Facility Agreement (PCGI Intermediate Holdings LTD), Facility Agreement (PCGI Intermediate Holdings LTD)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars Dollars is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars Dollars shall be paid in that other currency.

Appears in 6 contracts

Samples: Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.), Single Currency Term Facility Agreement (Bristol Myers Squibb Co)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars is the currency of account and payment for any sum due from an Obligor the Borrower under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.

Appears in 6 contracts

Samples: Facility Agreement, Facility Agreement (Polestar Automotive Holding UK PLC), Facility Agreement (Polestar Automotive Holding UK PLC)

Currency of account. (a) Subject to paragraphs (b) and to (ce) below, dollars Dollars is the currency of account and payment for any sum due from an Obligor the Borrower under any Finance Document. (b) A repayment of a Loan or Unpaid Sum or a part of a Loan or Unpaid Sum shall be made in the currency in which that Loan or Unpaid Sum is denominated on its due date. (c) Each payment in respect of costs, expenses or Taxes interest shall be made in the currency in which the costs, expenses or Taxes are incurredsum in respect of which the interest is payable was denominated when that interest accrued. (c) Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.

Appears in 6 contracts

Samples: Facility Agreement (Mobile Telesystems Ojsc), Facility Agreement (Mobile Telesystems Ojsc), Facility Agreement (MTS Inc)

Currency of account. (a) Subject to paragraphs (b) and to (c) below, dollars is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.

Appears in 6 contracts

Samples: Facility Agreement (Diana Containerships Inc.), Subordinated Facility Agreement (Diana Shipping Inc.), Subordinated Facility Agreement (Diana Containerships Inc.)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars USD is the currency of account and payment for any sum due from an a Transaction Obligor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.

Appears in 4 contracts

Samples: Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.)

Currency of account. (a) 30.7.1 Subject to paragraphs (b) and (c) the provisions of this Clause below, dollars is the currency of account and payment for any sum due from an Obligor a Borrower under any Finance Document. (b) 30.7.2 Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) 30.7.3 Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.

Appears in 3 contracts

Samples: Facilities Agreement, Facilities Agreement (MiX Telematics LTD), Facilities Agreement (PowerFleet, Inc.)

Currency of account. (a) Subject to paragraphs (bsub-Section 8.4.7(b) and (c) belowsub-Section 8.4.7(c), dollars the Dollar is the currency of account and payment for any sum due from an Obligor the Borrower under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars Dollars shall be paid in that other currency.

Appears in 3 contracts

Samples: Pre Export Finance Term Facility Agreement (Canuelas Mill S.A.C.I.F.I.A.), Pre Export Finance Term Facility Agreement (Canuelas Mill S.A.C.I.F.I.A.), Pre Export Finance Term Facility Agreement (Canuelas Mill S.A.C.I.F.I.A.)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars is the currency of account and payment for any sum due from an Obligor the Obligors under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.

Appears in 3 contracts

Samples: Rollover Loan Agreement (Freeseas Inc.), Facility Agreement (FreeSeas Inc.), Facility Agreement (FreeSeas Inc.)

Currency of account. (a) Subject to paragraphs (b) and (c) below, US dollars is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars US dollar shall be paid in that other currency.

Appears in 3 contracts

Samples: Facility Agreement, Facility Agreement (Pacific Alliance Group LTD), Facility Agreement (Sun Wise (UK) Co., LTD)

Currency of account. (a) Subject to paragraphs (b) and to (c) below, dollars Dollars is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars Dollars shall be paid in that other currency.

Appears in 3 contracts

Samples: Debtor in Possession Credit Agreement (Eagle Bulk Shipping Inc.), Credit Agreement (Eagle Bulk Shipping Inc.), Credit Agreement (Eagle Bulk Shipping Inc.)

Currency of account. (a) Subject to paragraphs paragraph (b) and (c) below, dollars and save as otherwise agreed by the Lender and the Borrower in relation to any prepayment due under this Agreement, USD is the currency of account and payment for any sum due from an Obligor the Borrower under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.

Appears in 3 contracts

Samples: Loan Agreement (Kenon Holdings Ltd.), Additional Undertaking Agreement (Kenon Holdings Ltd.), Loan Agreement (Kenon Holdings Ltd.)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars is the currency of account and payment for any sum due from an a Transaction Obligor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.

Appears in 3 contracts

Samples: Term Loan Facility (Okeanis Eco Tankers Corp.), Term Loan Facility (Navios Maritime Partners L.P.), Facility Agreement (Scorpio Tankers Inc.)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars US Dollars is the currency of account and payment for any sum due from an Obligor the Borrower under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars US Dollars shall be paid in that other currency.

Appears in 3 contracts

Samples: Term Loan Facility Agreement (China Security & Surveillance Technology, Inc.), Term Loan Facility Agreement (China Security & Surveillance Technology, Inc.), Term Loan Facility Agreement (China Security & Surveillance Technology, Inc.)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars is the currency of account and payment for any sum due from an Obligor the Borrower under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.

Appears in 3 contracts

Samples: Facility Agreement (Aluminum Corp of China), Facility Agreement (AstraZeneca Biopharmaceuticals Inc.), Senior Secured Facility Agreement (Aluminum Corp of China)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars is Dollars shall be the currency of account and the currency of payment for any sum due from an Obligor the Borrower under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars Dollars shall be paid in that other currency.

Appears in 2 contracts

Samples: Facility Agreement, Facility Agreement (McDermott International Inc)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars is the currency of account and payment for any sum due from an Obligor the Company under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.

Appears in 2 contracts

Samples: Facility Agreement (Ener1 Inc), Facility Agreement (Ener1 Inc)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars the Dollar is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars Dollars shall be paid in that other currency.

Appears in 2 contracts

Samples: Facility Agreement (Ocean Rig UDW Inc.), Facility Agreement (DryShips Inc.)

Currency of account. (aA) Subject to paragraphs (bClauses 27.9(B) and (c27.9(C) below, dollars is the currency of account and payment for any sum due from an Obligor the Borrower under any Finance Document. (bB) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (cC) Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.

Appears in 2 contracts

Samples: Bridge and Term Facilities Agreement (Rentokil Initial PLC /Fi), Bridge and Term Facilities Agreement (Rentokil Initial PLC /Fi)

Currency of account. (a) Subject to paragraphs (bβ€Ž(b) and (cβ€Ž(c) below, dollars is the currency of account and payment for any sum due from an a Transaction Obligor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.

Appears in 2 contracts

Samples: Facility Agreement (United Maritime Corp), Term Loan Facility (Seanergy Maritime Holdings Corp.)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurredincurred unless otherwise agreed by the party receiving such payment. (c) Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.

Appears in 2 contracts

Samples: Credit Agreement (DHT Holdings, Inc.), Credit Agreement (DHT Holdings, Inc.)

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Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars is the currency of account and payment for any sum due from an a Transaction Obligor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.

Appears in 2 contracts

Samples: Term Loan Facility (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.)

Currency of account. (a) 31.8.1 Subject to paragraphs (b) and (c) the provisions of this Clause below, dollars is the currency of account and payment for any sum due from an Obligor the Borrower under any Finance Document. (b) 31.8.2 Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) 31.8.3 Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.

Appears in 1 contract

Samples: Facility Agreement (Powerfleet, Inc.)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars is the currency of account and payment for any sum due from an a Transaction Obligor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars dollar shall be paid in that other currency.

Appears in 1 contract

Samples: Facility Agreement (Taylor Maritime Investments LTD)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars is the currency of account and payment for any sum due from an Obligor the Borrower or the Sponsor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.

Appears in 1 contract

Samples: Borrowing Base Facility Agreement (Cobalt International Energy, Inc.)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.. LRXM/076001.00588/92345437.6Page 98

Appears in 1 contract

Samples: Usd 75,000,000 Single Currency Revolving Facility Agreement (StoneX Group Inc.)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars dollar is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars USD shall be paid in that other currency.

Appears in 1 contract

Samples: Addendum to First Preferred Marshall Islands Mortgage (Ocean Rig UDW Inc.)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.. DocuSign Envelope ID: 9280C6A2-0B54-4105-ADC3-B64316B92B07

Appears in 1 contract

Samples: Revolving Facility Agreement (StoneX Group Inc.)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars Dollars is the currency of account and payment for any sum due from an Obligor the Borrower under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.

Appears in 1 contract

Samples: Coface Facility Agreement (Globalstar, Inc.)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.. APJ/MSXM/076001.00588/80174749.8Page 98

Appears in 1 contract

Samples: Revolving Facility Agreement (StoneX Group Inc.)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.. APJ/076001.00588/98366820.7Page 98

Appears in 1 contract

Samples: Single Currency Revolving Facility Agreement (StoneX Group Inc.)

Currency of account. (a) Subject to paragraphs (b) and to (ce) below, dollars is the currency of account and payment for any sum due from an Obligor the Borrower under any Finance Document. (b) A repayment of a Loan or Unpaid Sum or a part of a Loan or Unpaid Sum shall be made in the currency in which that Loan or Unpaid Sum is denominated on its due date. (c) Each payment in respect of costs, expenses or Taxes interest shall be made in the currency in which the costs, expenses or Taxes are incurredsum in respect of which the interest is payable was denominated when that interest accrued. (c) Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.

Appears in 1 contract

Samples: Revolving Facility Agreement (Bunge Global SA)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars Dollars is the currency of account and payment for any sum due from an Obligor the Borrower under any Finance Financing Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars Dollars shall be paid in that other currency.

Appears in 1 contract

Samples: Facility Agreement (Gold Fields LTD)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.

Appears in 1 contract

Samples: Senior Reserve Base Lending Facility Agreement (Fx Energy Inc)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars dollar is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars dollar shall be paid in that other currency.

Appears in 1 contract

Samples: Pre Export Financing Agreement (Sigma Lithium Corp)

Currency of account. (a) Subject to paragraphs (b) and to (c) below, dollars dollar is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars USD shall be paid in that other currency.

Appears in 1 contract

Samples: Term Loan Agreement (Ocean Rig UDW Inc.)

Currency of account. (a) Subject to paragraphs (b) and (c) belowUnless a Finance Document specifies otherwise, dollars USD is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) Each payment in respect of costs, expenses or Taxes shall must be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars shall USD will be paid in that other currency.

Appears in 1 contract

Samples: Facility Agreement (IHS Holding LTD)

Currency of account. (a) Subject to paragraphs (b) and (c) below, dollars is the currency of account and payment for any sum due from an Obligor under any Finance DocumentDocument to which it is a party. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in a currency other than dollars shall be paid in that other currency.

Appears in 1 contract

Samples: Facility Agreement (Euroseas Ltd.)

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