Currency of disbursement. The Bank shall disburse each Tranche in EUR.
Currency of disbursement. Subject to availability, disbursement of each Tranche shall be made in EUR or any other currency that is widely traded on the principal foreign exchange markets. For the calculation of the sums available to be disbursed in currencies other than EUR, and to determine their equivalent in EUR, the Bank shall apply the rate published by the European Central Bank in Frankfurt, available on or shortly before submission of the Disbursement Offer as the Bank shall decide.
Currency of disbursement. The Bank shall disburse each Tranche in EUR or USD. For the calculation of the sums available to be disbursed in USD, and to determine their equivalent in EUR, the Bank shall apply the rate published by the European Central Bank in Frankfurt, available on or shortly before submission of the Disbursement Offer as the Bank shall decide.
Currency of disbursement. The Bank shall disburse each Tranche in EUR or USD. For the calculation of the sums available to be disbursed in USD, and to determine their equivalent in EUR, the Bank shall apply the rate published by the European Central Bank in Frankfurt, available on or shortly before submission of the Disbursement Notice as the Bank decides.
Currency of disbursement. The Bank shall disburse each Tranche in GBP.
Currency of disbursement. The currency in which the loan proceeds will be disbursed, whether in Central Ura or another agreed-upon currency, will be specified in the Confirmation.
Currency of disbursement. All disbursements shall be denominated and made in Dollars that form part of the Strategic Climate Fund
Currency of disbursement. Subject to availability, THE BANK shall disburse each Tranche in the currency for which THE BORROWER has expressed a preference; provided that Fixed-Margin Convertible Tranches and Fixed-Margin Non-Convertible Tranches shall, unless otherwise agreed by THE BANK, be available in GBP, in Japanese Yen or Swiss Francs. Each currency of disbursement shall be the ecu, a currency of one of the Member States of THE BANK or any other currency (including Japanese Yen, Swiss francs and US Dollars) which is widely traded on the principal foreign exchange market. For the calculation of the sums to be disbursed in currencies other than GBP, THE BANK shall apply the middle-market exchange rate prevailing on the London foreign exchange market or, failing which, any other major internationally recognised market chosen by THE BANK, on such date (being days on which banks are open for business in London, Luxembourg and the relevant other market) before disbursement as THE BANK shall decide.
Currency of disbursement. Subject to availability, THE BANK shall disburse each Tranche in the currency for which THE BORROWERS or the relevant BORROWER (as the case may be) has expressed a preference. Each currency of disbursement shall be the euro (“EUR”), pounds Sterling (“GBP”) United States dollars (“USD”). For the calculation of sums to be disbursed in currencies other than the euro, THE BANK shall apply the rate published by the European Central Bank in Frankfurt am Main, on such date within fifteen days preceding disbursement as THE BANK shall decide.
Currency of disbursement. Subject to availability, the Bank shall disburse each Tranche in the currency for which the Borrower has expressed a preference. Each currency of disbursement shall be:
