Fiat Currency Foreign Exchange Conversion Sample Clauses

Fiat Currency Foreign Exchange Conversion. Certain Transaction Platforms may permit Participants to enter Transactions requiring Participants to make payment in a particular Fiat Currency when the Participant's Available Balance does not reflect a sufficient balance of a particular government's Fiat Currency required for Final Settlement, but where the Participant's Account maintains funds in another government's Fiat Currency that, if converted at prevailing exchange rates to the required Fiat Currency, would be sufficient to meet the Participant's Transaction Obligations. When a Participant enters such a Transaction, the Participant is responsible for making payment in the Fiat Currency required for Final Settlement. Participants may deposit the required foreign Fiat Currency to their Zero Hash account or use Zero Hash's Fiat Currency Foreign Exchange Conversion Services, as outlined below, prior to Final Settlement. If the Participant fails to deposit the appropriate kind and amount of Fiat Currency by the Final Settlement date, Zero Hash will convert any Fiat Currency held in the Participant's Account to the Fiat Currency required for Final Settlement. If Zero Hash is forced to convert the Fiat Currency for the Participant in accordance with the preceding sentence, the Participant will be responsible for all pass-through and Zero Hash fees related to the conversion, in addition to a penalty fee as may be published on the Zero Hash System from time to time. Fiat Currency conversion settlement is subject to Zero Hash's partner financial institution(s) service offerings and capabilities. If the Participant is unable to make payment in relation to any of its Transaction Obligations, less all fees outlined in this section, Participant will be deemed to have triggered a Default Event. Zero Hash will use its partner financial institution(s) to effect any conversions in Fiat Currency, and will pass through all fees to the Participant, plus any additional Zero Hash fee for such service. Supported Fiat Currency conversion pairs and fees will be listed by Zero Hash from time to time. Participants may request conversion rates, good for a limited time, from Zero Hash prior to any foreign exchange conversion described in this section.
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Related to Fiat Currency Foreign Exchange Conversion

  • Foreign Transactions; Currency Conversion Purchases and cash advances made in foreign currencies will be billed to you in U.S. dollars. The conversion rate in dollars will be a rate selected by the card company from a range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate the card company itself receives, or the government-mandated rate in effect for the applicable central processing date in each instance. All transactions processed outside of the United States (which may include internet transactions) will be charged a foreign transaction fee in the amount disclosed on your Truth-in-Lending Statement (as amended from time to time).

  • Currency Exchange All payments under this Agreement shall be payable, in full, in Dollars, regardless of the country(ies) in which sales are made. For the purposes of computing Net Sales of Licensed Products that are sold in a currency other than Dollars, such currency shall be converted into Dollars as calculated at the rate of exchange for the pertinent quarter or year to date, as the case may be, as used by Celgene in producing its quarterly and annual accounts, as confirmed by their respective auditors.

  • Foreign Exchange (a) Upon the receipt of Proper Instructions, the Custodian, its agents or its sub-custodian may (but shall not be obligated to) enter into all types of contracts for foreign exchange on behalf of the Company, upon terms acceptable to the Custodian and the Company (in each case at the Company’s expense), including transactions entered into with the Custodian, its sub-custodian or any affiliates of the Custodian or the sub-custodian. The Custodian shall have no liability for any losses incurred in or resulting from the rates obtained in such foreign exchange transactions; and absent specific Proper Instructions, the Custodian shall not be deemed to have any duty to carry out any foreign exchange on behalf of the Company. The Custodian shall be entitled at all times to comply with any legal or regulatory requirements applicable to currency or foreign exchange transactions.

  • Currency Conversion (a) For the purpose of, or pending the discharge of, any of the Secured Liabilities the Security Agent may convert any moneys received or recovered by the Security Agent from one currency to another, at a market rate of exchange.

  • Base Currency For the purposes of any calculation hereunder, we may convert amounts denominated in any other currency into the Base Currency at such rate prevailing at the time of the calculation as we shall reasonably select.

  • Currency All sums of money which are referred to in this Agreement are expressed in lawful money of Canada, unless otherwise specified.

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