Common use of Currency of Payment for Amortization, Interest, Credit Fee Clause in Contracts

Currency of Payment for Amortization, Interest, Credit Fee. and Inspection and Supervision Expenses. Interest and principal payments shall be made in Dollars, unless a Currency Conversion has been effected, in which case the provisions of Article 5.05 of these General Conditions shall apply. The credit fee and the inspection and supervision fee shall always be paid in the Approval Currency.

Currency of Payment for Amortization, Interest, Credit Fee. and Inspection and Supervision Expenses. Interest and principal payments shall be made in Dollars, unless a Currency Conversion has been effected, in which case the provisions of Article 5.05 of these General Conditions shall apply. The credit fee and the inspection and supervision fee shall always be paid in the Approval Currency.of