Rate of Exchange. If funds provided under the Agreement are introduced into the Cooperating Country by USAID or any public or private agency for purposes of carrying out obligations of USAID hereunder, the Beneficiary will make such arrangements as may be necessary so that such funds may be converted into local currency at the highest rate of exchange which, at the time the conversion is made, is not unlawful in the country of the Beneficiary to any person for any purpose. ”
Appears in 2 contracts
Samples: Assistance Agreement, Assistance Agreement
Rate of Exchange. If funds provided under the this Agreement are introduced into the Cooperating Country by USAID or any public or private agency for purposes of carrying out obligations of USAID hereunder, the Beneficiary Grantee will make such arrangements as may be necessary so that such funds may be converted into local currency at the highest rate of exchange which, at the time the conversion is made, is not unlawful in the country of the Beneficiary Grantee to any person for any purpose. ”.
Appears in 2 contracts
Samples: Limited Scope Grant Agreement, Limited Scope Grant Agreement (Lsga)
Rate of Exchange. If funds provided under the Agreement are introduced into the Cooperating Country by USAID or any public or private agency for purposes of carrying out obligations of USAID hereunder, the Beneficiary will make such arrangements as may be necessary so that such funds may be converted into local currency at the highest rate of exchange which, at the time the conversion is made, is not unlawful in the country of the Beneficiary to any person for any purpose. ”.
Appears in 1 contract
Samples: Assistance Agreement
