Currency of payments. The Borrower shall pay interest, principal and other charges payable in respect of each Tranche in the currency in which such Tranche was disbursed. Other payments, if any, shall be made in the currency specified by the Bank having regard to the currency of the expenditure to be reimbursed by means of that payment.
Appears in 11 contracts
Samples: Financial Agreement, Finansijski Ugovor Okvirni Zajam Za Infrastrukturu U Obrazovanju Srbije, Finance Contract