Foreign Exchange Matters Sample Clauses
The Foreign Exchange Matters clause governs how currency conversions and related transactions are handled under the agreement. It typically specifies which exchange rates will be used, the timing for currency conversions, and which party bears the risk of currency fluctuations. This clause ensures that both parties understand their obligations and exposures when payments or obligations are denominated in different currencies, thereby reducing disputes and providing clarity on financial settlements involving foreign exchange.
POPULAR SAMPLE Copied 1 times
Foreign Exchange Matters. Ukraine shall ensure the free convertibility into Dollars and transferability from any relevant account in Ukraine and into such account(s) of the Partnership established outside of Ukraine as the General Partner or any other authorized party acting on behalf of the Partnership may from time to time direct, in each case without cost, condition or delay, with respect to any and all payments to the Partnership relating to the Royalty Interest Earnings and the Fund Project Earnings and as otherwise contemplated in accordance with the terms of this Agreement. If any costs, conditions or delays are imposed by the Ukrainian Government at any time and for any reason with respect to such payments, Ukraine shall indemnify and hold harmless the Partnership (and DFC and the General Partner, as applicable) for all losses, costs and expenses arising therefrom.
Foreign Exchange Matters. As of the Second Closing IPA China has completed all administrative formalities necessary in order to remit, in Untied States dollars, any dividends declared and payable upon the equity interest of IPA China without the necessity of obtaining any discretionary government authorization in the PRC.
Foreign Exchange Matters. The Company has complied and complies with all regulations on foreign exchange, including all regulations applicable to the import and export of goods (for example, without limitation, the Company complies with the regulations governing the repatriation of assets and the submission of reports to the Central Bank of the Argentine Republic). There are no summary proceedings on foreign exchange matters or any other type of foreign exchange Disputes initiated against the Company. Exhibit 3.01 (bb) details the current export and import transactions as of the Closing Date.
Foreign Exchange Matters. All foreign exchange matters of the Company shall be handled in accordance with the provisions of the Foreign Exchange Regulations and the relevant officially published PRC Law.
Foreign Exchange Matters. The Company will complete all foreign exchange matters in connection with the remittance, conversion and use of the proceeds from the transactions contemplated herein in accordance with then applicable PRC foreign exchange regulations, if applicable.