Foreign Exchange Adjustment. IBM will be responsible for the first * in price fluctuation (either up or down) from the original price associated with changes in exchange rates as set forth in Schedule C for the respective charges. Any deviation in price (up or down) beyond * based on the currency exchange rate stated in Schedule C will be reflected as a price adjustment to the amounts invoiced Athena, as more specifically set forth in Schedule .
The adjustment will be calculated by comparing the Base Exchange Rate with the Oanda.com foreign currency exchange spot rate on the last business Friday before each invoice is issued. Any resulting decrease in costs will be credited to Client and any resulting increase in costs will be invoiced to Client.
Adjustment FX Rate means the USD-EUR exchange rate determined by the Calculation Agent acting in good faith and in a commercially reasonable manner on the date on which the revised Applicable Margin under the Original Charged Assets becomes effective.Additional Condition 8.Notes Bonus Payment AmountIn the event that the.
Currency Fluctuation. If as a result of currency fluctuation the Canadian Dollar Exchange Equivalent of the Principal Amount owing to a Lender exceeds such Lender’s Rateable Portion of the Aggregate Commitment Amount (the Excess), the Borrower will pay the Excess to the Agent as a principal repayment for the benefit of the applicable Lender.
Price adjustment clause. A) Proportional price adjustment. This clause enables the contract price to be adjusted to the exchange rate. Let’s take the example of an Irish exporter who has concluded deal with an American Importer where a proportional price adjustment clause has been included in the sales contract.
Currency Clauses – International Trade Toolkit, PRICE ADJUSTMENT CLAUSES – Minden Gross, PRICE ADJUSTMENT CLAUSES – Minden Gross, 12/12/2020 · Currency risk sharing generally involves a legally binding price adjustment clause, wherein the base price of the transaction is adjusted if the exchange rate fluctuates beyond a specified neutral…
Agreement has the meaning given to it in Clause 2.1 and as may be amended and supplemented from time … Early Termination Date means the date of termination designated by the Bank of the FX Transactions pursuant to Clause 6 of this Agreement … relating to adjustment of debts, bankruptcy or insolvency of the Customer is commenced, filed …
Buyer agrees that the consignee of the goods shall pay seller or seller’s named agent. Buyer agrees that the contractual price shall be adjusted upward to cover the seller’s agent’s fee if seller has used a “middleman” to find a buyer for the goods. Also, discuss who will pay freight and insurance for this shipment.
This clause also contains language to mitigate currency risk (foreign exchange risk), including optional language requiring the buyer to reimburse the seller for any short falls due to currency risk. This Standard Clause has integrated drafting notes with important explanations and drafting and negotiating tips .
