Payments in U. S. Currency. All payments required to be made hereunder shall be made in lawful money of the United States of America.
Payments in U. S. Dollars ------------------------ All payments of any Obligations to be made hereunder or under the Notes by the Company or any other obligor with respect thereto shall be made solely in U.S. Dollars or such other currency as is then legal tender for public and private debts in the United States of America.
Payments in U. S. Money Rent and all sums payable under this Lease must be paid in lawful money of the United States of America.
Payments in U. S. Dollars All dollar sums referred to in this Agreement are expressed in U.S. dollars and the Net Sales used for calculating the royalties and other sums payable to Northwestern by Licensee pursuant to Paragraph 6.1 shall be computed in U.S. dollars. All payments of such sums and royalties shall be made in U.S. dollars. For purposes of determining the amount of royalties due, the amount of Net Sales in any foreign currency shall be computed by converting such amount into U.S. dollars at the prevailing commercial rate of exchange for purchasing U.S. dollars with such foreign currency in question as quoted by Citibank in New York on the last business day of the calendar quarter for which the relevant royalty payment is to be made by Licensee.
Payments in U. S. Dollars, Withholding Taxes, etc. (i) All amounts to be paid to the Trustee and the Belgian Floating Charge Lienholder under this Agreement shall be payable when due in U.S. Dollars in the full amount due, without deduction for any variation in any rate of exchange. The term "rate of exchange" shall include any premiums and costs of exchange payable in connection with the purchase of, or conversion into, the relevant currency.
Payments in U. S. Dollars 16 5.4.Performance and Enforcement Under the Loan Documents 16 5.5.Liens 16 5.6.Transfer of Mortgage Rig to a Restricted Subsidiary 17 SECTION 6.EVENTS OF DEFAULT 17 0.0.Xailure To Make Payments When Due 17 6.2.Default Under The Indenture 17 6.3.Other Loan Agreement 17 6.4.Breach of Certain Covenants 17 6.5.Breach of Warranty 17 6.6.Other Defaults Under Agreement or Loan Documents 17 6.7.Involuntary Bankruptcy; Appointment of Custodian, etc 17 6.8.Voluntary Bankruptcy; Appointment of a Custodian; etc 18 SECTION 7.MISCELLANEOUS 19 7.1.Pledges and Assignments of Loan and Note 19 7.2.Expenses 19 7.3.Indemnity 19 7.4.Additional Amounts 20 7.5.Taxes and Other Taxes 21 7.6.Amendments and Waivers 22 7.7.Independence of Covenants 22 7.8.Notices 23 7.9.Survival of Warranties and Certain Agreements 23 7.10.Failure or Indulgence Not Waiver; Remedies Cumulative 23 7.11.Severability 23 7.12.Headings 23 7.13.Applicable Law 23 7.14.Successors and Assigns; Subsequent Holders of Notes 23 7.15.Counterparts; Effectiveness 24 7.16.Consent to Jurisdiction; Venue; Waiver of Jury Trial 24 7.17.Waiver of Stay, Extension or Usury Laws 24 7.18.Usury Savings Clause 25 EXHIBITS I FORM OF NOTE II FORM OF NOTICE OF BORROWING III FORM OF OPINION OF GARDERE & WYNNE - SPECIAL COUNSEL FOR THE BORROWER IV FORM OF MORTGAXX --------------------------------------------------------------------------- This Senior Secured Loan Agreement is dated as of March 26, 1999, and entered into by and among R&B Falcon, Inc., a Delaware corporation (the "Company") and RBF Finance Co., a Delaware corporation (the "Lender").
Payments in U. S. MONEY. Permit fee and all sums payable under this Permit must be paid in lawful money of the United States of America. S. SINGULAR AND PLURAL. When required by the context of this Permit, the singular shall include the plural.
Payments in U. S. Dollars; Conversion. The Hire Rate and all other payments due under this Charter are stated in US dollars and in the event that Owner is not authorized to accept U.S. dollars, or Charterer cannot for any period of time make any such payment in U.S. dollars (by Government intervention or law, rule or regulation or order of any court or tribunal of competent jurisdiction), then payment shall be made in Malaysia Ringgits. For the purpose of converting U.S. dollars to enable payment to be made in Malaysia Ringgit, during the Primary Term the rate of exchange to be used shall be the average of the selling and buying rates of Telegraphic Transfer published in the opening of business rate sheet by Malayan Banking Berhad Kuala Lumpur on the due date for payment. If such Day falls on a Day where the rate is not available, the rate quoted immediately before such Day shall be used. During any Secondary Term, the exchange rate shall be the Malaysian Ringgit amount equal to the selling rate in Malaysia of the U.S. Dollar, as published in said business rate sheet on the due date, discounted by the lesser of (a) the average of the difference between the buying and selling rates at the date of exchange, or (b) the average of the difference between the buying and selling rates on December 1, 2004 as reported by Bank Negara. Excess Shutdown; Reduced Hire Rate.
Payments in U. S. Dollars. All amounts to be paid hereunder shall be paid in Dollars, in immediately available funds, and all letters of credit delivered hereunder shall provide for payment in Dollars. Lessee acknowledges that the specification of Dollars in this transaction is of the essence and that Dollars shall be the currency of account in any and all events. The obligations of Lessee hereunder shall not be discharged by an amount paid in another currency, whether pursuant to a judgment or otherwise, to the extent that the amount so paid on prompt conversion to Dollars and transfer to the account specified in Exhibit C under the heading, "Payment Location" under normal banking procedures does not yield the amount of Dollars owing to Lessor. In the event that any payment by Lessee, whether pursuant to judgment or otherwise, upon conversion does not yield such amount of Dollars, Lessor shall have a separate cause of action against Lessee for the additional amount necessary to yield the amount of Dollars due and owing to Lessor. (i)
Payments in U. S. Dollars. All amounts payable under this Article 4 shall be paid in United States dollars to DTR by check mailed to the address first set forth above, or to such other address as DTR may from time to time designate in writing to Artann. All payments due under this Section 4 shall be calculated after Artann's Gross Revenues are converted into United States dollars (in the event of payment in non-United States dollars) by Artann. Any currency conversions that are necessary to calculate payments shall be made at the exchange rate used by Artann for financial accounting purposes in accordance with generally accepted accounting principles.
