Common use of Currency of account Clause in Contracts

Currency of account. (a) Subject to paragraphs (b) to (e) below, the Base Currency is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) A repayment of a Utilisation or Unpaid Sum or a part of a Utilisation or Unpaid Sum shall be made in the currency in which that Utilisation or Unpaid Sum is denominated on its due date. (c) Each payment of interest shall be made in the currency in which the sum in respect of which the interest is payable was denominated when that interest accrued.

Currency of account. (a) Subject to paragraphs (b) to (e) below, the Base Currency is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) A repayment of a Utilisation Loan or Unpaid Sum or a part of a Utilisation Loan or Unpaid Sum shall be made in the currency in which that Utilisation Loan or Unpaid Sum is denominated on its due date. (c) Each payment of interest shall be made in the currency in which the sum in respect of which the interest is payable was denominated when that interest accrued.

Currency of account. (a) Subject to paragraphs (b) to (e) below, the Base Currency is the currency of account and payment for any sum due from an Obligor under any Senior Finance Document. (b) A repayment of a Utilisation or Unpaid Sum or a part of a Utilisation or Unpaid Sum shall be made in the currency in which that Utilisation or Unpaid Sum is denominated on its due date. (c) Each payment of interest shall be made in the currency in which the sum in respect of which the interest is payable was denominated when that interest accrued.

Currency of account. (a) Subject to paragraphs (bclause 34.9(b) to (e) below34.9(e), the Base Currency is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) A repayment of a Utilisation Loan or Unpaid Sum or a part of a Utilisation Loan or Unpaid Sum shall be made in the currency in which that Utilisation Loan or Unpaid Sum is denominated on its due date. (c) Each payment of interest shall be made in the currency in which the sum in respect of which the interest is payable was denominated when that interest accrued.

Currency of account. (a) Subject to paragraphs (b) to (e) below, the Base Currency is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) A repayment of a Utilisation Loan or Unpaid Sum or a part of a Utilisation Loan or Unpaid Sum shall be made in the currency in which that Utilisation Loan or Unpaid Sum is denominated on its due date. (c) Each payment of interest shall be made in the currency in which the sum in respect of which the interest is payable was denominated when that interest accrued.. Back to Contents

Currency of account. (a) Subject to paragraphs (b) to and (ec) below, the Base Currency 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 Utilisation or Unpaid Sum or a part of a Utilisation or Unpaid Sum shall be made in the currency in which that Utilisation or Unpaid Sum is denominated on its due date. (c) Each payment in respect of interest costs, expenses or Taxes shall be made in the currency in which the sum costs, expenses or Taxes are incurred. (c) Any amount expressed to be payable in respect of which a currency other than the interest is payable was denominated when Base Currency shall be paid in that interest accruedother currency.

Currency of account. (a) Subject to paragraphs (b) to (e) below, the Base Currency is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) A repayment of a Utilisation an Advance or Unpaid Sum or a part of a Utilisation an Advance or Unpaid Sum shall be made in the currency in which that Utilisation Advance or Unpaid Sum is denominated on its due date. (c) Each payment of interest shall be made in the currency in which the sum in respect of which the interest is payable was denominated when that interest accrued.

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

Currency of account. (a) Subject to paragraphs (b) to (e) below, the Base Currency is the currency of account and payment for any sum due from an Obligor a Borrower under any Finance Document. (b) A repayment of a Utilisation Loan or Unpaid Sum or a part of a Utilisation Loan or Unpaid Sum shall be made in the currency in which that Utilisation Loan or Unpaid Sum is denominated on its due date. (c) Each payment of interest shall be made in the currency in which the sum in respect of which the interest is payable was denominated when that interest accrued.

Currency of account. (a) Subject to paragraphs (b) to (e) below, the Base Currency is the currency of account and payment for any sum due from an any Obligor under any Finance Financing Document. (b) A repayment of a Utilisation an Advance or Unpaid Sum or a part of a Utilisation an Advance or Unpaid Sum shall be made in the currency in which that Utilisation Advance or Unpaid Sum is denominated on its due date. (c) Each payment of interest shall be made in the currency in which the sum in respect of which the interest is payable was denominated when that interest accrued.