Common use of Payment Currency Clause in Contracts

Payment Currency. Check:  ☐The currency used in defining the contract Contribution is the same currency as the one in which the payment shall be made; OR ☐The currency used in the provision defining the contract Contribution is different from the currency to be paid to the Implementing Partner, but the Parties have agreed to use the UN exchange rate prevailing on the date of payment.

Appears in 3 contracts

Samples: Project Implementation Agreement, Project Implementation Agreement, Project Implementation Agreement

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Payment Currency. Check:  A. The The currency used in defining the contract Contribution is the same currency as the one in which the payment shall be made; OR B. The The currency used in the provision defining the contract Contribution is different from the currency to be paid to the Implementing Partner, but the Parties have agreed to use the UN exchange rate prevailing on the date of payment.

Appears in 2 contracts

Samples: Project Implementation Agreement, Project Implementation Agreement

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Payment Currency. Check:  The The currency used in defining the contract Contribution is the same currency as the one in which the payment shall be made; OR ☐The The currency used in the provision defining the contract Contribution is different from the currency to be paid to the Implementing Partner, but the Parties have agreed to use the UN exchange rate prevailing on the date of payment.

Appears in 2 contracts

Samples: Project Implementation Agreement, Project Implementation Agreement

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