Common use of Conversion of Currency Clause in Contracts

Conversion of Currency. Dollars are the sole currency of payment for all sums payable under or in connection with the Indenture, the Notes or the Note Guarantees, including damages. The Issuer has agreed that the provisions of Section 10.1 of the Indenture shall apply to conversion of currency in the case of the Indenture, the Notes and the Note Guarantees. Among other things, Section 10.1 of the Indenture specifies that any amount received or recovered in currency other than Dollars (whether as a result of, or of the enforcement of, a judgment or order of a court of any jurisdiction, in the winding-up or dissolution of the Issuer, any Subsidiary or otherwise) in respect of any sum expressed to be due on the Notes and under the Indenture shall only constitute a discharge of such obligation, to the greatest extent permitted under applicable law, to the extent of the Dollar amount which the recipient is able to purchase with the amount so received or recovered in that other currency on the date of such receipt or recovery (or, if it is not practicable to make the purchase on that date, on the first date on which it is practicable to do so). If the Dollar amount is less than the Dollar amount expressed to be due to the recipient under the Indenture, the Notes or the Note Guarantees, to the greatest extent permitted under applicable law, the payor shall indemnify and hold harmless the recipient against any loss sustained by it in making any such purchase. In any event, the payor shall indemnify the payee of such amounts against the cost of making any such purchase of Dollars

Conversion of Currency. Dollars are the sole currency of payment for all sums payable by the Issuer under or in connection with the Indenture, the Notes or the Note GuaranteesIndenture, including damages. The Issuer has agreed that the provisions of Section 10.1 of the Indenture shall apply to conversion of currency in the case of the Indenture, the Notes and the Note GuaranteesIndenture. Among other things, Section 10.1 of the Indenture specifies that any amount received or recovered in a currency other than Dollars (whether as a result of, or of the enforcement of, a judgment judgment, decree or order of a court of any jurisdiction, in the winding-up or dissolution of the Issuer, any Subsidiary Issuer or otherwise) in respect of any sum expressed to be due on the Notes and under the Indenture shall only constitute a discharge of such obligation, to the greatest extent permitted under applicable law, obligation to the extent of the Dollar amount which of Dollars that the recipient payee of such amounts due is able to purchase purchase, in accordance with normal banking or other normal currency exchange procedures, with the amount so received or recovered in that other currency on the date of such that receipt or recovery (or, if it is not practicable to make the that purchase on that date, on the first date on which it is practicable to do so). If the Dollar such amount of Dollars is less more than the Dollar amount expressed to be due to on the recipient Notes or under the Indenture, if applicable, then the payee shall reimburse such excess to the payor. If such amount of Dollars is less than the amount expressed to be due on the Notes or under the Note GuaranteesIndenture, to the greatest extent permitted under applicable law, the payor shall indemnify and hold harmless the recipient against any loss sustained by it in making any such purchase. In any event, then the payor shall indemnify the payee of such amounts against the cost of making any such purchase of Dollarsloss sustained by it as a result.

Conversion of Currency. Dollars are the sole currency of payment for all sums payable under or in connection with the Indenture, the Notes or the Note Guarantees, including damages. The Issuer has agreed that the provisions of Section ‎Section 10.1 of the Indenture shall apply to conversion of currency in the case of the Indenture, the Notes and the Note Guarantees. Among other things, Section ‎Section 10.1 of the Indenture specifies that any amount received or recovered in currency other than Dollars (whether as a result of, or of the enforcement of, a judgment or order of a court of any jurisdiction, in the winding-up or dissolution of the Issuer, any Subsidiary or otherwise) in respect of any sum expressed to be due on the Notes and under the Indenture shall only constitute a discharge of such obligation, to the greatest extent permitted under applicable law, to the extent of the Dollar amount which the recipient is able to purchase with the amount so received or recovered in that other currency on the date of such receipt or recovery (or, if it is not practicable to make the purchase on that date, on the first date on which it is practicable to do so). If the Dollar amount is less than the Dollar amount expressed to be due to the recipient under the Indenture, the Notes or the Note Guarantees, to the greatest extent permitted under applicable law, the payor shall indemnify and hold harmless the recipient against any loss sustained by it in making any such purchase. In any event, the payor shall indemnify the payee of such amounts against the cost of making any such purchase of Dollars

Conversion of Currency. Dollars are the sole currency of payment for all sums payable by the Issuer under or in connection with the Indenture, the Notes or the Note GuaranteesIndenture, including damages. The Issuer has agreed that the provisions of Section 10.1 ‎Section 11.1 of the Indenture shall apply to conversion of currency in the case of the Indenture, the Notes and the Note GuaranteesIndenture. Among other things, Section 10.1 ‎Section 11.1 of the Indenture specifies that any amount received or recovered in a currency other than Dollars (whether as a result of, or of the enforcement of, a judgment judgment, decree or order of a court of any jurisdiction, in the winding-up or dissolution of the Issuer, any Subsidiary Issuer or otherwise) in respect of any sum expressed to be due on the Notes and under the Indenture shall only constitute a discharge of such obligation, to the greatest extent permitted under applicable law, obligation to the extent of the Dollar amount which of Dollars that the recipient payee of such amounts due is able to purchase purchase, in accordance with normal banking or other normal currency exchange procedures, with the amount so received or recovered in that other currency on the date of such that receipt or recovery (or, if it is not practicable to make the that purchase on that date, on the first date on which it is practicable to do so). If the Dollar such amount of Dollars is less more than the Dollar amount expressed to be due to on the recipient Notes or under the Indenture, if applicable, then the payee shall reimburse such excess to the payor. If such amount of Dollars is less than the amount expressed to be due on the Notes or under the Note GuaranteesIndenture, to the greatest extent permitted under applicable law, the payor shall indemnify and hold harmless the recipient against any loss sustained by it in making any such purchase. In any event, then the payor shall indemnify the payee of such amounts against the cost of making any such purchase of Dollarsloss sustained by it as a result.

Conversion of Currency. Dollars are the sole currency of payment for all sums payable under or in connection with the Indenture, the Notes or the Note Guarantees, including damages. The Issuer has agreed that the provisions of Section 10.1 12.1 of the Indenture shall apply to conversion of currency in the case of the Indenture, the Notes and the Note Guarantees. Among other things, Section 10.1 12.1 of the Indenture specifies that any amount received or recovered in currency other than Dollars (whether as a result of, or of the enforcement of, a judgment or order of a court of any jurisdiction, in the winding-up or dissolution of the Issuer, any Subsidiary or otherwise) in respect of any sum expressed to be due on the Notes and under the Indenture shall only constitute a discharge of such obligation, to the greatest extent permitted under applicable law, to the extent of the Dollar amount which the recipient is able to purchase with the amount so received or recovered in that other currency on the date of such receipt or recovery (or, if it is not practicable to make the purchase on that date, on the first date on which it is practicable to do so). If the Dollar amount is less than the Dollar amount expressed to be due to the recipient under the Indenture, the Notes or the Note Guarantees, to the greatest extent permitted under applicable law, the payor shall indemnify and hold harmless the recipient against any loss sustained by it in making any such purchase. In any event, the payor shall indemnify the payee of such amounts against the cost of making any such purchase of Dollars.