Common use of Euro Clause in Contracts

Euro. If at any time that a Loan (or Letter of Credit) denominated in an Alternative Currency is outstanding and the relevant Alternative Currency is fully replaced by the Euro as the lawful currency of the country that issued such Alternative Currency (the “Issuing Country”) so that all payments are to be made in the Issuing Country in Euro and not in the Alternative Currency previously the lawful currency of such country, then such Loan denominated in such Alternative Currency shall be automatically converted into a Loan denominated in Euro in a principal amount equal to the amount of Euro into which the principal amount of such Alternative Currency denominated Loan would be converted pursuant to law and thereafter no further Loans will be available in such Alternative Currency.

Euro. If at any time that a Loan (or Letter of Credit) denominated in an Alternative Currency is outstanding and the relevant Alternative Currency is fully replaced by the Euro as the lawful currency of the country that issued such Alternative Currency (the “Issuing Country”) so that all payments are to be made in the Issuing Country in Euro and not in the Alternative Currency previously the lawful currency of such country, then such Loan denominated in such Alternative Currency shall be automatically converted into a Loan denominated in Euro in a principal amount equal to the amount of Euro into which the principal amount of such Alternative Currency denominated Loan would be converted pursuant to law and thereafter no further Loans will be available in such Alternative Currency.

Euro. If at any time that a an Alternate Currency Revolving Loan (or Letter of Credit) denominated in an Alternative Currency is outstanding and outstanding, the relevant Alternative Alternate Currency (other than the euro) is fully replaced by the Euro as the lawful currency of the country that issued such Alternative Alternate Currency (the “Issuing Country”) by the euro so that all payments are to be made in the Issuing Country in Euro euros and not in the Alternative Alternate Currency previously the lawful currency of such country, then such Alternate Currency Revolving Loan denominated in such Alternative Currency shall be automatically converted into a Loan denominated in Euro euros in a principal amount equal to the amount of Euro euros into which the principal amount of such Alternative Alternate Currency denominated Revolving Loan would be converted pursuant to law and thereafter no further Loans will be available in such Alternative Alternate Currency.