Remittance of Foreign Exchange Sample Clauses

Remittance of Foreign Exchange. There will, at no stage, be any remittance of foreign exchange from Slovenia on account of the exercise of Options granted under your Award. Vested options may be exercised through a cashless exercise procedure involving the simultaneous exercise of the Options and sale of corresponding shares. The net sale proceeds (minus exercise cost) will be remitted to Slovenia through normal channels and paid to you in local currency.
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Remittance of Foreign Exchange. 1. Each Contracting Party shall, subject to its laws and regulations, guarantee to the investors of the other Contracting Party, without undue delay, in any convertible currency at the prevailing or current rate applicable on the date on which the investor applies for the related transfer, once fiscal obligations are made in accordance to the rules and regulations of the Country where investment is effected, the transfer of the following, in particular but not exclusively:
Sample 1
Remittance of Foreign Exchange. Banco Central irrevocably agrees, subject to the conditions set forth in clauses (i) and (ii) below, to remit on the date that is one Business Day prior to each Interest Payment Date and the maturity date in respect of the Securities such currency or currencies in the amount of each payment of principal of or interest on the Securities (including any Additional Amounts in respect of the Securities), or other amount required to be paid by the Republic to the Fiscal Agent or any Paying Agent under the Fiscal Agency Agreement, as the case may be, or to any holder of a Security from time to time (collectively, being herein called the ”Securityholders”), for the benefit of such persons, in the currency in which such amount is required to be paid by the Republic, at the time and at the places required by, and otherwise as provided in, the Fiscal Agency Agreement, for payments by the Republic, to which end Banco Central will make conversions into such currency of the Bolivars referred to in clause (i) below for the account of the Republic, provided that Banco Central shall not be obligated to remit any such amounts in such currency to any of the aforesaid persons in respect of any such payment required to be made by the Republic if:
Sample 1

Related to Remittance of Foreign Exchange

  • Prompt Acceptance of Agreement The Restricted Share Unit grant evidenced by this Agreement shall, at the discretion of the Administrator, be forfeited if this Agreement is not manually executed and returned to the Company, or electronically executed by Awardee by indicating Awardee’s acceptance of this Agreement in accordance with the acceptance procedures set forth on the Company’s third-party equity plan administrator’s web site, within 90 days of the Grant Date.

  • Maintenance of Fund's Assets Abroad The Fund, acting through its Board or its duly authorized representative, hereby instructs the Delegate pursuant to the terms of the Custodian Agreement dated as of the date hereof executed by and between the Fund and the Delegate (the Custodian Agreement) to place and maintain the Fund's Assets in countries outside the United States in accordance with Instructions received from the Fund’s Investment Advisor. Such instruction shall constitute an Instruction under the terms of the Custodian Agreement. The Fund acknowledges that (a) the Delegate shall perform services hereunder only with respect to the countries where it accepts delegation as Foreign Custody Manager as indicated on the Delegate’s Global Custody Network Listing; (b) depending on conditions in the particular country, advance notice may be required before the Delegate shall be able to perform its duties hereunder in or with respect to such country (such advance notice to be reasonable in light of the specific facts and circumstances attendant to performance of duties in such country); and (c) nothing in this Delegation Schedule shall require the Delegate to provide delegated or custodial services in any country, and there may from time to time be countries as to which the Delegate determines it will not provide delegation services.

  • Remittance of Proceeds Except as otherwise provided in Section 6.3(c), deliver, in kind, all proceeds arising from the disposition of any Collateral to Bank in the original form in which received by Borrower not later than the following Business Day after receipt by Borrower, to be applied to the Obligations (1) prior to an Event of Default, pursuant to the terms of Section 2.5(b) hereof, and (2) after the occurrence and during the continuance of an Event of Default, pursuant to the terms of Section 9.4 hereof; provided that, if no Event of Default has occurred and is continuing, Borrower shall not be obligated to remit to Bank the proceeds of the sale of surplus, worn out or obsolete Equipment disposed of by Borrower in good faith in an arm’s length transaction for an aggregate purchase price of Two Hundred Thousand Dollars ($200,000) or less (for all such transactions in any fiscal year). Borrower agrees that it will maintain all proceeds of Collateral in an account maintained with Bank. Nothing in this Section limits the restrictions on disposition of Collateral set forth elsewhere in this Agreement.

  • Application to Master Agreement For the avoidance of doubt, Clause 21.5 does not apply in respect of sums due from the Borrower to the Swap Bank under or in connection with the Master Agreement as to which sums the provisions of section 8 (Contractual Currency) of the Master Agreement shall apply.

  • Application to Master Agreements For the avoidance of doubt, Clause 22 does not apply in respect of sums due from the Borrower to a Swap Counterparty under or in connection with a Master Agreement as to which sums the provisions of section 2(d) (Deduction or Withholding for Tax) of that Master Agreement shall apply.

  • Acceptance of Agreement This Agreement shall not be considered accepted, approved or otherwise effective until the statutorily required approvals and certifications have been given.

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