Common use of Multiple currencies Clause in Contracts

Multiple currencies. The Employer will pay for these items or activities in the currencies stated Items & activities Other currency [●] [●] [●] [●] The exchange rates are those published in [●] on [●] (date) Maximum payment in other currency The items & activities will be paid in the other currency - to a foreign Bank account nominated by the Contractor - to a valid SARB approved CFC account in South Africa - in accordance with an alternative payment method agreed with the Employer before the Contract Date. (select one of the three methods as agreed with the successful tenderer prior to contract award and delete the others and this note) X4 Parent company guarantee There is no reference to Contract Data in this Option and terms in italics are identified elsewhere in this Contract Data.