Relevant Currency Sample Clauses
The Relevant Currency clause defines which currency will be used for payments, calculations, or settlements under the agreement. In practice, this clause specifies the exact currency—such as US dollars, euros, or another agreed-upon currency—that applies to financial obligations, and may also address what happens if that currency becomes unavailable or is subject to significant changes. Its core function is to eliminate ambiguity and potential disputes regarding the currency of payment, ensuring both parties have a clear understanding of their financial commitments.
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Relevant Currency all references in this Trust Deed to the “relevant currency” shall be construed as references to the currency in which payments in respect of the Notes and/or Receipts and/or Coupons of the relevant Series are to be made as indicated in the applicable Pricing Supplement;
Relevant Currency. All amounts payable by the Borrower under this Article XII in respect of any tax, duty, penalty, fee, expense, charge, interest, loss, cost or liability shall be payable in the currency in which such tax, duty, penalty, fee, expense, charge, interest, loss, cost or liability is denominated or, if JBIC or the JBIC Agent shall so request, in any other currency at the current exchange rate specified by JBIC or the JBIC Agent (such denominated or other currency, the "RELEVANT CURRENCY").
Relevant Currency relevant currency" shall be construed as a reference to the currency in which payments in respect of the Notes and/or Coupons of the relevant Series are to be made as indicated in the relevant Final Terms;
Relevant Currency. Notwithstanding anything in the Senior Finance Documents to which a JBIC Finance Party is a party to the contrary, all amounts payable hereunder by the Borrower in respect of any tax, duty, penalty, fee, expense, charge, interest, loss, cost or liability shall be payable in the currency in which such tax, duty, penalty, fee, expense, charge, interest, loss, cost or liability is denominated or, if JBIC shall so request (solely in respect of amounts owing to JBIC), in Yen or USD at the current exchange rate specified by the relevant JBIC Finance Party acting reasonably (such currency or Yen or USD, as the case may be, being the Relevant Currency).
Relevant Currency. The payment by any of the Guarantor of any amount or amounts due the Lender hereunder shall be made in the currency required under the Loan Agreement.
Relevant Currency. Each Chargor is obliged under this Deed to discharge the Secured Liabilities in the Relevant Currency.
Relevant Currency. All amounts payable by the Borrower under this Article 12 in respect of any tax, duty, penalty, fee, expense, charge, interest, loss, cost or liability shall be payable in the currency in which such tax, duty, penalty, fee, expense, charge, interest, loss, cost or liability is denominated or, if the Lender so requests, in any other currency at the current exchange rate specified by the Lender (such denominated or other currency being herein referred to as the “Relevant Currency”).