Common use of Payment in Applicable Currencies Clause in Contracts

Payment in Applicable Currencies. If the Contract provides for payment of the Contract Price in more than one currency, then whenever an adjustment is agreed, approved or determined as stated above, the amount payable in each of the applicable currencies shall be specified. For this purpose, reference shall be made to the actual or expected currency proportions of the Cost of the varied work, and to the proportions of various currencies specified for payment of the Contract Price.

Payment in Applicable Currencies. 12.6 If the Contract provides for payment of the Contract Price in more than one currency, then whenever and an adjustment is agreed, approved agreed or determined fixed as stated above, the amount payable in each of the applicable currencies shall be specifiedspecified when the adjustment is agreed or fixed. For this purposeIn specifying the amount in each currency, reference the Contractor and the Engineer (or, failing agreement, the Engineer) shall be made to take account of the actual or expected currency proportions of the Cost of the varied work, and to without being bound by the proportions of various currencies specified for payment of the Contract Price.

Payment in Applicable Currencies. If the Contract provides for payment of the Contract Price in more than one currency, then whenever an adjustment a Change is agreed, approved or determined as stated abovepursuant to Section 17.1.2 or 17.1.3, the amount payable in each of the applicable currencies shall be specified. For this purpose, reference shall be made to the actual or expected currency proportions of the Cost of the varied workChange, and to the proportions of various currencies specified for payment of the Contract Price.

Payment in Applicable Currencies. SAMPLE If the Contract provides for payment of the Contract Price in more than one currency, then whenever an adjustment is agreed, approved or determined as stated above, the amount payable in each of the applicable currencies shall be specified. For this purpose, reference shall be made to the actual or expected currency proportions of the Cost of the varied work, and to the proportions of various currencies specified for payment of the Contract Price.