Foreign Exchange Conversion. If TI pays any invoiced amount to TELUS in United States dollars, in accordance with Section 6.3(a)(ii), TELUS will convert the payment from TI from United States currency to Canadian currency to determine whether the invoiced amount has been paid in full. For such calculation TELUS will use the Bloomberg United States to Canadian currency exchange rate posted at the close of business on the applicable due date. At TELUS’ discretion, or where the Bloomberg rate is not available, TELUS may use the applicable Bank of Canada exchange rate, or if not available, the equivalent rate from a commonly used online converter selected by TELUS which is available through the Internet, such as xxx.Xxxxx.xxx. In connection with determining MSC Eligible Spend for the purposes of Sections 7.1(d) and (h), TELUS will convert any MSC Eligible Spend received from TIHUS in United States dollars from United States currency to Canadian currency in order to create a consolidated MSC Eligible Spend amount expressed in Canadian dollars. For such calculation TELUS will use the Bloomberg United States to Canadian currency exchange rate posted at the close of business on the last day of the Initial Contract Period or Contract Year for which the MSC Eligible Spend relates, as applicable. At TELUS’ discretion, or where the Bloomberg rate is not available, TELUS may use the applicable Bank of Canada exchange rate, or if not available, the equivalent rate from a commonly used online converter selected by TELUS which is available through the Internet, such as xxx.Xxxxx.xxx.
Foreign Exchange Conversion. When you conduct an Affiliate Transaction, funds from your Deposit Account will be used to satisfy your payment obligations with respect to such Affiliate Transaction. Affiliate Transactions will be conducted in a non-USD currency and the Coba Affiliates will calculate the USD equivalent that must be withdrawn from your Deposit Account to satisfy your payment obligations in connection with each such Affiliate Transaction. The formula used to calculate the USD equivalent will be as set forth in the applicable Affiliate Terms along with any applicable transaction fees or charges. The Affiliate Terms are posted and available at any time on the App and are incorporated herein by reference. The Affiliate Terms can be changed as set forth in the Affiliate Terms and you agree that you are bound by any changes in the Affiliate Terms if you initiate an Affiliate Transaction after the date of change in the Affiliate Terms. You acknowledge and agree that Coba is authorized to transfer from your Deposit Account the USD amount as determined by the Coba Affiliate or Coba Affiliate financial partner and you will not contest such determination notwithstanding the fact that the conversion price or exchange rate may differ from then-prevailing foreign exchange rates. Disputing Transactions You agree that the only way for you to initiate a dispute regarding an unauthorized debit or transfer from your Deposit Account related to an Affiliate Transaction is to initiate a dispute through the communication channel established by the Coba Affiliate offering you Affiliate Transactions, which communication channel is described and disclosed in the applicable Affiliate Terms. You agree that the only reasons you may dispute a debit or transfer from your Deposit Account are (A) (1) the reasons set forth in the Affiliate Terms for disputing a credit card charge or other payment or transfer or (2) the reasons set forth in the Deposit Account Documents if the debit or transfer did not relate to an Affiliate Transaction, and (B) you provide sufficient evidence that the debit or transfer from your Deposit Account was unauthorized or otherwise in violation of these Terms of Service. If you timely dispute a debit or transfer from your Deposit Account as required by these Terms of Service, then we will refund the disputed amount to your Deposit Account within a reasonable period, which may be up to 10 business days. Funds Availability Policy Information contained in this section is to assist y...
Foreign Exchange Conversion. 4.1 You are authorised to enter into any foreign exchange contracts (on a spot or forward basis) necessary to facilitate transactions in respect of the Account(s) at the rate prevailing at the time any exchange needs to be effected. For foreign exchange spot transactions at the counter and via electronic means, payment date is transaction date.
Foreign Exchange Conversion. (a) In the event the Client wishes to subscribe, switch, transfer, sell, cancel, or redeem any Securities or Insurance or to amend any particulars relating to the Client Account, the Client agrees that GTJAS may on the Client’s instructions make the necessary arrangements to do the same, including (i) arranging for the transfer of funds from the Client Account and debiting the Client Account for any charges, commissions, fees and other costs involved, and/or (ii) crediting the Client Account with (1) the proceeds of the redemption, sale, cancellation or transfer, less any charges, commissions, fees and any other costs involved, and (2) all dividends and other distributions in respect of Client Account.
Foreign Exchange Conversion. If any amount to be paid, transferred, allocated, indemnified, reimbursed or calculated pursuant to, or in accordance with, the terms of this Agreement or any other Transaction Document (including the calculation, payment or reimbursement of Damages pursuant to Article IX) is originally stated or expressed in a currency other than United States dollars, then, for the purpose of determining the amount to be so paid, transferred, allocated, indemnified, reimbursed or calculated, such amount will be converted into United States dollars at the exchange rate between those two (2) currencies most recently quoted in The Wall Street Journal in New York, New York, United States of America, as of the Business Day immediately prior to (or, if no such quote exists on such Business Day, on the closest Business Day prior to) the day on which the party required to make such payment, transfer, indemnification, reimbursement or calculation first becomes obligated to do so hereunder (or, in the case of Article IX, would have first become obligated to do so but for the operation of Section 9.3); provided, however, that nothing in this Section 1.3 will be deemed to require any party to make any foreign currency conversion or other similar calculation that violates or conflicts with, or otherwise causes a party to violate, Law or GAAP.
Foreign Exchange Conversion. Royalties and any other payments due under this Agreement that are calculated based on amounts received by Bayer in currencies other than Dollars will be converted into the Dollar equivalent at the applicable exchange rates published on the last business day of the month for the calendar quarter to which such payments relate, as reported in the on-line edition of The Wall Street Journal or in any other publication as agreed upon by the Parties. The Parties may agree upon an alternative publication for reporting foreign exchange reference rates without the need for an amendment to this Agreement.
Foreign Exchange Conversion. Royalties, and any other payments due under this Agreement that are calculated based on amounts received by Bayer in currencies other than Dollars will be converted into the Dollar equivalent, at the average rate of exchange for the Calendar quarter to which such payments relate, as reported in Bloomberg Professional, a service of Bloomberg L.P., or in the event The Bloomberg Professional is not available during the Royalty period of such Net Sales, then in The Wall Street Journal.
Foreign Exchange Conversion. The above remuneration would be paid in Rupee equivalent according to the prevalent Euro/INR rate at the time of each payment and would be subject to deduction of all applicable taxes at source.
Foreign Exchange Conversion. Monetary conversion from the currency of a foreign country in which LICENSED PRODUCT is sold into U.S. Dollars shall be calculated at the actual average rates of exchange for the quarterly period to which such royalty payment relates as used by QUEST in producing its quarterly accounts.
