Example ContractsClausesAgreed Currencies
Agreed Currencies
Agreed Currencies contract clause examples

The Borrower may from time to time request that Letters of Credit be issued in any Agreed Currency. The issuance, increase or extension of any Foreign Currency L/C (other than those denominated in an Agreed Currency) shall be subject to the approval of the applicable the L/C Issuer.

Currencies. All payments to be paid to [[Organization A:Organization]] shall be computed and made in United States Dollars, and Licensee shall use best efforts to convert royalty payments payable on Gross Sales in any country to United States Dollars; provided, however, that if conversion to and transfer of such Dollars cannot be made by Licensee, its Subsidiaries, or its sublicensees in any country for any reason, Licensee may pay such sums in the currency of the country in which such Gross Sales are made, deposited in [[Organization A:Organization]]' name in a bank designated by [[Organization A:Organization]] in any such country. The rate of exchange of local currencies to U.S. Dollars shall be at the rate of exchange prevailing at the Bank of Boston (or such other bank in [[Address A:Address]][[Address B:Address]]York, New York as [[Organization A:Organization]] may designate in writing from time to time), for currencies of the amounts involved, as such rate is stated for the first business day after the end of the period with respect to which the royalties are due.

9 Which must comply with the definition of “Interest Period” and end not later than the Maturity Date.

Agreed Use. The Premises shall be used for pharmaceutical development and manufacturing, ancillary office, and other related uses consistent with the character of the Premises and otherwise in compliance with the provisions of Section 6 hereof (“Agreed Use”).

Location and number of the Borrower’s account or any other account agreed upon by the Administrative Agent and the Borrower to which proceeds of Borrowing are to be disbursed: ​

12 If request is in respect of Revolving Loans in a Foreign Currency, please replace this address with the London address from [Section 9.01(a)(ii)].

7 If request is in respect of Revolving Loans in a Foreign Currency, please replace this address with the London address from [Section 9.01(a)(ii)].

11 If request is in respect of Revolving Loans in a Foreign Currency, please replace this address with the London address from [Section 9.01(a)(ii)].

33 To be delivered # prior to 1:00 p.m. on the requested date of each Base Rate Borrowing and # prior to 1:00 p.m. three (3) Business Days prior to the requested date of each Eurodollar Borrowing denominated in Dollars and # prior to 1:00 p.m., Local Time, four (4) Business Days prior to the requested date of each Eurodollar Borrowing denominated in a Foreign Currency.

40 To be delivered # prior to 1:00 p.m. one (1) Business Day prior to the requested date of a conversion into a Base Rate Borrowing and # prior to 1:00 p.m. three (3) Business Days prior to a continuation of or conversion into a Eurodollar Borrowing.

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