Currency of valuation. Valuations shall be provided by valuers in dollars or, if a valuer is of the view that the relevant type of vessel is generally bought and sold in another currency, in that other currency. If a valuation is provided in another currency, for the purposes of this Agreement it shall be converted into dollars at the Agent’s spot rate of exchange for the purchase of dollars with that other currency as at the date to which the valuation relates.
Currency of valuation. 25.5 Valuations shall be provided by Approved Brokers in dollars. Basis of valuation
Currency of valuation. Valuations must be provided by Approved Valuers in dollars.
