Common use of Currency of account Clause in Contracts

Currency of account. (a) Subject to Clauses 28.7(b) and 28.7(c) Dollars is the currency of account and payment for any sum 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 4 contracts

Samples: Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Prestige Cruises International, Inc.)

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Currency of account. (a) 23.7.1 Subject to Clauses 28.7(b) 23.7.2 and 28.7(c) 23.7.3 Dollars is the currency of account and payment for any sum from an Obligor under any Finance Security Document. (b) 23.7.2 Each payment in respect of costs, expenses or Taxes taxes shall be made in the currency in which the costs, expenses or taxes are incurred. (c) 23.7.3 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 (NCL CORP Ltd.), Loan Agreement (NCL CORP Ltd.), Loan Agreement (NCL CORP Ltd.)

Currency of account. (a) Subject to Clauses 28.7(bclauses 19.4(b) and 28.7(c(c) Dollars is the currency of account and payment for any sum due from an Obligor the Buyer under any Finance Documentthis Agreement. (b) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or taxes 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: Aircraft Sale Agreement (Atlas Air Worldwide Holdings Inc), Aircraft Sale Agreement (Atlas Air Worldwide Holdings Inc), Aircraft Sale Agreement (Atlas Air Worldwide Holdings Inc)

Currency of account. (a) 30.8.1 Subject to Clauses 28.7(b) 30.8.2 and 28.7(c) Dollars 30.8.3 below, dollars is the currency of account and payment for any sum due from an Obligor the Borrower under any Finance Document. (b) 30.8.2 Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or taxes Taxes are incurred. (c) 30.8.3 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 (Hoegh LNG Partners LP), Facility Agreement (Hoegh LNG Partners LP)

Currency of account. (aA) Subject to Clauses 28.7(bClause 31.8(B) and 28.7(c) Dollars Clause 31.8(C), dollars is the currency of account and payment for any sum due from an Obligor 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 Taxes are incurred. (cC) 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: Term Facility Agreement (Rockley Photonics Holdings LTD), Support Letter (Rockley Photonics Holdings LTD)

Currency of account. (a) 30.8.1 Subject to Clauses 28.7(b) and 28.7(c) Dollars clauses 30.8.2 to 30.8.5, the dollar is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) 30.8.2 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. 30.8.3 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 2 contracts

Samples: Facilities Agreement (International Shipping Enterprises, Inc.), Facilities Agreement (International Shipping Enterprises, Inc.)

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Currency of account. (a) 31.8.1 Subject to Clauses 28.7(b) and 28.7(c) Dollars 31.8.2 to 31.8.5, 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: Secured Revolving Loan and Letter of Credit Facility Agreement (Endeavour International Corp)

Currency of account. (a) 26.8.1 Subject to Clauses 28.7(b) clauses 26.8.2 and 28.7(c) 26.8.3, Dollars is the currency of account and payment for any sum due from an Obligor under any Finance Facility Document. (b) 26.8.2 Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or taxes Taxes are incurred. (c) 26.8.3 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 (Genesis Lease LTD)

Currency of account. (a) Subject to Clauses 28.7(b) and 28.7(c29.7(b)and 29.7(c) Dollars is the currency of account and payment for any sum 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: Loan Agreement (Seven Seas Cruises S. DE R.L.)

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