Common use of Payment of Interest and Amortization Installments in the Event of a Currency Conversion Clause in Contracts

Payment of Interest and Amortization Installments in the Event of a Currency Conversion. Pursuant to Article 3.07 of these General Conditions, following a Currency Conversion, interest and amortization installments of converted amounts shall be paid in the Settlement Currency. If the Settlement Currency is the Dollar, the Valuation Exchange Rate in effect on the Payment Valuation Date for the respective expiration date shall be applied, as set forth in the Conversion Notification Letter.

Payment of Interest and Amortization Installments in the Event of a Currency Conversion. Pursuant to Article 3.07 3.11 of these General Conditions, following a Currency Conversion, interest and amortization installments of converted amounts shall be paid in the Settlement Currency. If the Settlement Currency is the Dollar, the Valuation Exchange Rate in effect on the Payment Valuation Date for the respective expiration date shall be applied, as set forth in the Conversion Notification Letter.

Payment of Interest and Amortization Installments in the Event of a Currency Conversion. Pursuant to Article 3.07 3.11 of these General Conditions, following a Currency Conversion, interest and amortization installments of converted ofconverted amounts shall be paid in the Settlement Currency. If the Ifthe Settlement Currency is the Dollar, the Valuation Exchange Rate in effect on the Payment Valuation Date for the respective expiration date shall be applied, as set forth in the Conversion Notification Letter.