Common use of Currency of the Investment Clause in Contracts

Currency of the Investment. The Project is located as specified in Section 2 of the Appendix and the currency used in the calculation of the capital contribution of the Musharakah, the Profit Sharing Ratio and any projected return on investment thereof will be in the Indonesian Rupiah (IDR), the local currency where the Project is located. This is to determine the contribution ratio of both the Investors and the Developer as this will make the calculation of profit based on the determined PSR more accurate.

Appears in 6 contracts

Samples: W Akalah Agreement, W Akalah Agreement, W Akalah Agreement

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Currency of the Investment. The Project is located as specified in Section 2 of the Appendix and the currency used in the calculation of the capital contribution of the Musharakah, the Profit Sharing Ratio and any projected return on investment thereof will be in the Indonesian Rupiah (IDR), the local currency where the Project is located. This is to determine the contribution ratio of both the Investors and the Developer Issuer as this will make the calculation of profit based on the determined PSR more accurate.

Appears in 2 contracts

Samples: Wakalah Agreement, Wakalah Agreement

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Currency of the Investment. The Project is located as specified in Section 2 of the Appendix and the currency used in the calculation of the capital contribution of the MusharakahMudharabah, the Profit Sharing Ratio and any projected return on investment thereof will be in the Indonesian Rupiah (IDR), the local currency where the Project is located. This is to determine the contribution ratio of both the Investors and the Developer Entrepreneur as this will make the calculation of profit based on the determined PSR more accurate.

Appears in 1 contract

Samples: Wakalah Agreement

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