Currency Regulation Clause Samples
Currency Regulation. The Refund will be processed according to the currency regulations set forth in the corresponding country and applying the conversions according to the exchange rate at the time of purchase, or when they apply.
Currency Regulation. To the extent any sums due to NS8 hereunder cannot be sent to NS8 because of currency restrictions or any other governmental regulation or restriction, NS8 may elect, in its sole and absolute discretion, to have all such sums due to NS8 hereunder deposited by Licensee in an interest bearing account in the name of NS8 or its designee at a bank designated by NS8 where payment is permitted, which deposit shall be in satisfaction of Licensee's payment obligations hereunder. Licensee shall document all deposits made to such account and the dates thereof.
Currency Regulation. To the extent any sums due to NS8 hereunder cannot be sent to NS8 because of currency restrictions or any other governmental regulation or restriction, NS8 may elect, in its sole and absolute discretion, to have all such sums due to NS8 hereunder deposited by Licensee in an interest bearing account in the name of NS8 or its designee at a bank designated by NS8 where payment is permitted, which deposit shall be in satisfaction of Licensee's payment obligations hereunder. Licensee shall document all deposits made to such account and the dates thereof and provide that information to Licensor in a timely manner.