EURO CLAUSE Sample Clauses

EURO CLAUSE. All DM-amounts mentioned in this lease may also be paid ----------- in the equivalent Euro amounts at any time. As of January 1, 2002 all payments shall be made in Euro.
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EURO CLAUSE. The parties to the agreement are agreed that from 1 April, 2000 the business relationship based on this agreement shall be carried out in the currency euros.
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EURO CLAUSE. 26 Article 20 RIGHT TO BE GIVEN THE OPPORTUNITY OF A FIRST OFFER.................................................... 26
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EURO CLAUSE. The Parties to the Contract agree that the business relation established by this Contract shall be conducted in EURO from 1 January 2000.
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EURO CLAUSE. (1) It is the parties' common understanding that DM amounts payable hereunder will not be influenced by the ultimate introduction of the Euro as the sole legal means of payment. Before the abolition of the DM currency as legal means of payment, the Owner may, at his own choice, charge all contractually payable amounts either in DM or EUROs, and the Tenant is equally free to pay in DM or EUROs. Any payables, especially the contractually stipulated money rates, will be deemed to convert to EURO equivalents as soon as the EURO becomes the sole legal means of payment for Germany. Conversion will be in accordance with the official conversion rate defined by the Council of the European Union through article 109, lit. 1, clause 4 of the Foundation Treaty of the European Union.
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Related to EURO CLAUSE

  • Survival Clause The respective representations, warranties, agreements, covenants, indemnities and other statements of the Issuers, their officers and the Underwriters set forth in this Agreement or made by or on behalf of them pursuant to this Agreement shall remain in full force and effect, regardless of (i) any investigation made by or on behalf of any Issuer, any of its officers or directors, the Underwriters or any controlling person referred to in Section 9 hereof and (ii) delivery of and payment for the Securities. The respective agreements, covenants, indemnities and other statements set forth in Sections 7, 9, 10, 15 and 16 hereof shall remain in full force and effect, regardless of any termination or cancellation of this Agreement.

  • CONTRACT CLAUSES SECTION I -

  • Saving Clause If any provision(s) of this Agreement shall be determined to be illegal or unenforceable, such determination shall in no manner affect the legality or enforceability of any other provision hereof.

  • Severability of Clauses If any part of this Agreement is declared or held to be invalid for any reason, such invalidity will not affect the validity of the remainder which will continue in full force and effect and be construed as if this Agreement had been executed without the invalid portion, and it is hereby declared the intention of the parties that this Agreement would have been executed without reference to any portion which may, for any reason, be hereafter declared or held to be invalid.

  • Priorities Clause In the event of any conflict, discrepancy or ambiguity between the terms and conditions contained in this Agreement and any Schedules or attachments hereto, the terms and conditions contained in this Agreement shall take precedence.

  • Merger Clause Effective as of the Effective Date, this Agreement contains the complete, full, and exclusive understanding of Executive and the Company as to its subject matter and shall, on such date, and supersede any prior agreement between Executive and the Company regarding severance benefits. Any amendments to this Agreement shall be effective and binding on Executive and the Company only if any such amendments are in writing and signed by both Parties.

  • Severability Clause In case any provision in this Supplemental Indenture shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby and such provision shall be ineffective only to the extent of such invalidity, illegality or unenforceability.

  • Separability Clause In case any provision in this Indenture or in the Securities shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

  • Savings Clause If this Agreement or any portion thereof shall be invalidated on any ground by any court of competent jurisdiction, then the Corporation shall nevertheless indemnify the Indemnitee as to Expenses, judgments, fines, penalties and amounts paid in settlement with respect to any Proceeding to the full extent permitted by any applicable portion of this Agreement that shall not have been invalidated and to the fullest extent permitted by applicable law.

  • Cooperation Clause (a) To facilitate the orderly conduct of the Company and its Related Entities’ businesses, for the twelve (12)-month period following the Effective Date, Executive agrees to cooperate, at no charge, with the Company and its Related Entities’ reasonable requests for information or assistance related to the time of his/her employment.

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