Common use of FIFTEENTH Clause in Contracts

FIFTEENTH. EXCHANGE RATE The sums expressed in dollars in this deed will be liquidated in pesos, national currency, at the exchange rate of the observed dollar of the United States of America published in the Official Gazette on the day of the respective calculation, in accordance with what is provided in number six of Chapter One of the Compendium of Norms of Foreign Exchange. In the absence of such exchange rate, the exchange rate referred to in article 20 paragraph 1 of the Law 18,010 will be applied.

Appears in 10 contracts

Samples: Option Agreement (Bridgeport Ventures Inc.), Option Agreement (Bridgeport Ventures Inc.), Option Agreement (Bridgeport Ventures Inc.)

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