Invoice Exchange Rate for Liquidated Damages. The spot market weighted average of the “selling” rates of exchange of authorized dealers in Jamaica offering to sell Dollars for Jamaican Dollars as expressed in Jamaican Dollars per Dollar and as issued by the Bank of Jamaica the last Day of the period for which damages are being billed.
Invoice Exchange Rate for Liquidated Damages. The spot market weighted average of the “selling” rates of exchange of authorized dealers in Guyana offering to sell Dollars for Guyana Dollars as expressed in Guyana Dollars per Dollar and as issued by the Bank of Guyana the last Day of the period for which damages are being billed.
Examples of Invoice Exchange Rate for Liquidated Damages in a sentence
The amounts of all of the liquidated damages set forth in Clauses 9.4.1 through 9.4.4 shall be adjusted from time to time in accordance with Schedule 6 and shall be payable in Dollars (or the equivalent Jamaican Dollars) using the Invoice Exchange Rate for Liquidated Damages.