Common use of Settlement in Foreign Currency Clause in Contracts

Settlement in Foreign Currency. For the purpose of Article 28 of the Registered Pledge Law, the Secured Claim of the Pledgee, which is a foreign bank, must be satisfied by the Pledgor in the relevant foreign currency in which the respective portion of the Secured Claim is denominated on its due date.

Appears in 2 contracts

Samples: Agreement (Central European Distribution Corp), Agreement (Fx Energy Inc)

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Settlement in Foreign Currency. For the purpose of Article 28 of the Registered Pledge Law, the Secured Claim of the Pledgee, which is a foreign bank, must be satisfied by the Pledgor in the relevant foreign currency in which the respective portion of the Secured Claim is denominated on its due date. 7 Please insert a nominal value of pledged Shares.

Appears in 1 contract

Samples: Agreement (Central European Distribution Corp)

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Settlement in Foreign Currency. For the purpose of Article 28 of the Registered Pledge Law, the Secured Claim of the Pledgee, which is a foreign bank, must be satisfied by the Pledgor in the relevant foreign currency in which the respective portion of the Secured Claim is denominated on its due date. 6 Please insert a nominal value of pledged Shares.

Appears in 1 contract

Samples: Agreement (Central European Distribution Corp)

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