(and free and clear of any deduction for) set-off
or counterclaim.
23.6
BUSINESS DAYS
23.6.1
ANY PAYMENT WHICH IS DUE TO BE MADE ON A DAY THAT IS NOT
A BUSINESS DAY SHALL BE MADE ON THE NEXT BUSINESS DAY IN THE SAME CALENDAR MONTH
(IF THERE IS ONE) OR THE PRECEDING BUSINESS DAY (IF THERE IS NOT).
23.6.2
DURING ANY EXTENSION OF THE DUE DATE FOR PAYMENT OF ANY
PRINCIPAL OR UNPAID SUM UNDER THIS AGREEMENT INTEREST IS PAYABLE ON THE
PRINCIPAL OR UNPAID SUM AT THE RATE PAYABLE ON THE ORIGINAL DUE DATE.
23.7
CURRENCY OF ACCOUNT
23.7.1
SUBJECT TO SUB-CLAUSES 23.7.2 TO 23.7.5 BELOW, THE BASE
CURRENCY IS THE CURRENCY OF ACCOUNT AND PAYMENT FOR ANY SUM DUE FROM THE
BORROWER UNDER ANY FINANCE DOCUMENT.
23.7.2
A REPAYMENT OF A LOAN OR UNPAID SUM OR A PART OF A LOAN
OR UNPAID SUM SHALL BE MADE IN THE CURRENCY IN WHICH THAT LOAN OR UNPAID SUM IS
DENOMINATED ON ITS DUE DATE.
23.7.3
EACH PAYMENT OF INTEREST SHALL BE MADE IN THE CURRENCY
IN WHICH THE SUM IN RESPECT OF WHICH THE INTEREST IS PAYABLE WAS DENOMINATED
WHEN THAT INTEREST ACCRUED.
23.7.4
EACH PAYMENT IN RESPECT OF COSTS, EXPENSES OR TAXES
SHALL BE MADE IN THE CURRENCY IN WHICH THE COSTS, EXPENSES OR TAXES ARE
INCURRED.
23.7.5
ANY AMOUNT EXPRESSED TO BE PAYABLE IN A CURRENCY OTHER
THAN THE BASE CURRENCY SHALL BE PAID IN THAT OTHER CURRENCY.
23.8
CHANGE OF CURRENCY
23.8.1
UNLESS OTHERWISE PROHIBITED BY LAW, IF MORE THAN ONE
CURRENCY OR CURRENCY UNIT ARE AT THE SAME TIME RECOGNISED BY THE CENTRAL BANK OF
ANY COUNTRY AS THE LAWFUL CURRENCY OF THAT COUNTRY, THEN:
(A)
ANY REFERENCE IN THE FINANCE DOCUMENTS TO, AND ANY
OBLIGATIONS ARISING UNDER THE FINANCE DOCUMENTS IN, THE CURRENCY OF THAT COUNTRY
SHALL BE
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TRANSLATED INTO, OR PAID IN, THE CURRENCY OR CURRENCY UNIT OF THAT COUNTRY
DESIGNATED BY THE LENDER (AFTER CONSULTATION WITH THE BORROWER); AND
(B)
ANY TRANSLATION FROM ONE CURRENCY OR CURRENCY UNIT TO
ANOTHER SHALL BE AT THE OFFICIAL RATE OF EXCHANGE RECOGNISED BY THE CENTRAL BANK
FOR THE CONVERSION OF THAT CURRENCY OR CURRENCY UNIT INTO THE OTHER, ROUNDED UP
OR DOWN BY THE LENDER (ACTING REASONABLY).
23.8.2
IF A CHANGE IN ANY CURRENCY OF A COUNTRY OCCURS, THIS
AGREEMENT WILL, TO THE EXTENT THE LENDER (ACTING REASONABLY AND AFTER
CONSULTATION WITH THE BORROWER) SPECIFIES TO BE NECESSARY, BE AMENDED TO COMPLY
WITH ANY GENERALLY ACCEPTED CONVENTIONS AND MARKET PRACTICE IN THE LONDON
INTERBANK MARKET AND OTHERWISE TO REFLECT THE CHANGE IN CURRENCY.
24.
SET-OFF
The Lender may set off any matured obligation due from the Borrower under the
Finance Documents (to the extent beneficially owned by the Lender) against any
matured obligation owed by the Lender to the Borrower, regardless of the place
of payment, booking branch or currency of either obligation. If the obligations
are in different currencies, the Lender may convert either obligation at a
market rate of exchange in