Fluctuations in Exchange Rates. If you enter into any Transaction and/or Contract, any profit or loss arising as a result of a fluctuation in the exchange rate affecting such Transaction and/or Contract will be entirely for your account and risk.
Fluctuations in Exchange Rates. If the premium due periods allowed for the payment of balances are exceeded by either party, the debtor will bear the currency risk, in the event of any subsequent alteration in the exchange rate, by more than five percent, unless the debtor is not responsible for the delay in payment.
Fluctuations in Exchange Rates. For the purposes of Clause 23 (Representations) (and related definitions), Clause 26 (General undertakings) (and related definitions) or Clause 27 (Events of Default) (and related definitions) but excluding any Event of Default resulting from a breach of Clause
Fluctuations in Exchange Rates. For the avoidance of doubt, for the purposes of Clause 12 (Warranties and Representations), Clause 14 (Affirmative Undertakings), Clause 15 (Negative Undertakings) or Clause 16 (Events of Default) (and, in each case, the related definitions) but excluding any Event of Default resulting from a breach of Clause 13.5 (Financial Covenants) (and related definitions), a reference to an amount (or its equivalent in any other currency or currencies) shall be determined by reference to the rate of exchange on the date of incurrence or making of a particular disposal, acquisition, investment, lease, loan, debt or guarantee or taking any other relevant action and any subsequent exchange rate fluctuation shall not cause an Event of Default or the breach of any provision of Clause 14 (Affirmative Undertakings), Clause 15 (Negative Undertakings) or misrepresentation in respect of any provision of Clause 12 (Warranties and Representations).
Fluctuations in Exchange Rates. EXHIBIT D - SAMPLE STATEMENT SPECIFICATIONS (EFFECTIVE JANUARY 1, 2002) The following information should appear on each Statement and Inforce listing: o Name of the Insured(s) o Date of Birth of the Insured(s) o The Issue Age of each Insured(s) o The Sex of the insured(s) o The Insured(s) Country of Residence o Underwriting Classification (i.e. Preferred, Standard, etc.) o Smoking Class (i.e. Smoker, Non Smoker, etc.) o Indication if Business is Facultative or Automatic o Indication if Business is Risk Premium or Coinsurance o Policy Number(s) o Plan Code(s) / Kind Code(s): Cession Series o Original Face Amount of the Policy(s) o Amount(s) Ceded to the Reinsurer
Fluctuations in Exchange Rates. (a) For the avoidance of doubt, for the purposes of Clause 21 (Representations) (and related definitions), Clause 24 (General Undertakings) (and related definitions) or Clause 25 (Events of Default) (and related definitions) but excluding any Event of Default resulting from a breach of Clause 23 (Financial Covenant), a reference to an amount (or its equivalent in another currency or currencies) shall be determined by reference to the rate of exchange on the date of incurrence or making of a particular disposal, acquisition, investment, lease, loan, debt or guarantee or taking any other relevant action and any subsequent exchange rate fluctuation shall not cause an Event of Default or the breach of any provision of Clause 24 (General Undertakings) or misrepresentation in respect of any provision of Clause 21 (Representations).
