Common use of Exchange Rate Clause in Contracts

Exchange Rate. The transfers referred to in Articles 6 to 8 of this Agreement shall be effected at the prevailing market rate in freely convertible currency on the date of transfer.

Exchange Rate. The transfers referred to in Articles 6 to 8 of this Agreement shall be effected at the prevailing market rate in freely convertible currency on the date of transfer. In the absence of such a market rate the official rate of exchange shall apply.

Exchange Rate. The transfers referred to in Articles 6 to 8 of this the present Agreement shall be effected made at the prevailing current market rate of exchange at the time of transfer, in freely convertible currency on currency, pursuant to the date procedures of transferexchange regulations in force, if applicable, in the Contracting Party in whose territory the investment was made.