Common use of European Monetary Union Clause in Contracts

European Monetary Union. If and to the extent that any provision of this Section 5.14 relates to any state (or the currency of such state) that is not a Participating Member State on the Effective Date, such provision shall become effective in relation to such state (and the currency of such state) at and from the date on which such state becomes a Participating Member State. (a) An amount denominated in the National Currency Unit of a Participating Member State shall be redenominated into Euro in accordance with EMU Legislation and paid by the debtor either in the Euro Unit or in that National Currency Unit and an amount denominated in the Euro Unit shall be paid by the debtor in the Euro Unit unless EMU Legislation provides otherwise; provided, that if and to the extent that any EMU Legislation provides that an amount denominated either in the Euro or in the National Currency Unit of a Participating Member State and payable within the Participating Member State by crediting an account of the creditor can be paid by the debtor either in the Euro Unit or in that National Currency Unit, any party to this Agreement shall be entitled to pay or repay any such amount either in the Euro Unit or in such National Currency Unit. (b) If the basis of accrual of interest or fees expressed in this Agreement with respect to the currency of any state that is or becomes a Participating Member State shall be inconsistent with any convention or practice in the London, England interbank market for the basis of accrual of interest or fees in respect of the Euro, such convention or practice shall replace such expressed basis effective as of and from the date on which such state becomes a Participating Member State. (c) Without prejudice to the respective liabilities of each Borrower to the Lenders, the Issuer and the Administrative Agent under or pursuant to this Agreement, except as expressly provided in this clause (c), each provision of this Agreement shall be subject to such reasonable changes of construction as the Administrative Agent in consultation with Micro may from time to time specify to be necessary or appropriate to reflect the introduction of or changeover to the Euro in Participating Member States.

European Monetary Union. If and to the extent that any provision of this Section 5.14 relates to any state (or the currency of such state) that is not a Participating Member State on the Effective Date, such provision shall become effective in relation to such state (and the currency of such state) at and from the date on which such state becomes a Participating Member State. (a) An amount denominated in the National Currency Unit of a Participating Member State shall be redenominated into Euro Euros in accordance with EMU Legislation legislation and paid by the debtor either in the Euro Unit Euros or in that such National Currency Unit Currency, and an amount denominated in the Euro Unit Euros shall be paid by the debtor in the Euro Unit Euros unless EMU Legislation provides otherwise; , provided, that if and to the extent that any EMU Legislation provides that an amount denominated either in the Euro Euros or in the National Currency Unit of a Participating Member State and payable within the Participating Member State by crediting an account of the creditor can be paid by the debtor either in the Euro Unit Euros or in that National Currency UnitCurrency, any party to this Agreement shall be entitled to pay or repay any such amount either in the Euro Unit Euros or in such National Currency UnitCurrency. (b) If the basis of accrual of interest or fees expressed in this Agreement with respect to the currency of any state that is or becomes a Participating Member State shall be inconsistent with any convention or practice in the London, England London interbank market for the basis of accrual of interest or fees in respect of the Euro, such convention or practice shall replace such expressed basis effective as of and from the date on which such state becomes a Participating Member State. (c) Without prejudice to the respective liabilities of each the Borrower to the Lenders, the Issuer and the Administrative Agent under or pursuant to this Agreement, except as expressly provided in this clause (c), each provision of this Agreement shall be subject to such reasonable changes of construction as the Administrative Agent in consultation with Micro the Borrower may from time to time specify to be necessary or appropriate to reflect the introduction of or changeover to the Euro in Participating Member States. SECTION II.10. Special Provisions Relating to the Overdraft Facility.

European Monetary Union. If and to the extent Each obligation hereunder of any party hereto that any provision is denominated in a Currency of this Section 5.14 relates to any state (or the currency of such state) a country that is not a Participating Member State on the Effective Datedate hereof shall, such provision shall become effective in relation to such state (and the currency of such state) at and from the date on which such state country becomes a Participating Member State. (a) An amount denominated in the National Currency Unit of a Participating Member State shall , be redenominated into Euro in euro in accordance with EMU Legislation and paid by the debtor either in legislation of the Euro Unit or in that National Currency Unit and an amount denominated in European Union applicable to the Euro Unit shall be paid by the debtor in the Euro Unit unless EMU Legislation provides otherwiseEuropean Monetary Union; providedprovided that, that if and to the extent that any EMU Legislation such legislation provides that an amount denominated either in the Euro or in the National Currency Unit any such obligation of a Participating Member State and any such party payable within the such Participating Member State by crediting an account of the creditor can be paid by the debtor either in the Euro Unit euro or in that National Currency Unitsuch Currency, any such party to this Agreement shall be entitled to pay or repay any such amount either in the Euro Unit euro or in such National Currency Unit. (b) Currency. If the basis of accrual of interest or fees expressed in this Agreement with respect to the currency an Agreed Foreign Currency of any state country that is or becomes a Participating Member State after the date on which such currency becomes an Agreed Foreign Currency shall be inconsistent with any convention or practice in the London, England interbank market for the basis of accrual of interest or fees in respect of the Euroeuro, such convention or practice shall replace such expressed basis effective as of and from the date on which such state country becomes a Participating Member Amended and Restated Revolving Credit Agreement State. (c) . Without prejudice to the respective liabilities of each the Borrower or any of its Subsidiaries to the Lenders, Issuing Lenders and/or the Issuer Lenders and of the Administrative Agent Issuing Lenders and/or the Lenders to the Borrower under or pursuant to this Agreement, except as expressly provided in this clause (c), each provision of this Agreement shall be subject to such reasonable changes of construction as the Administrative Agent in consultation with Micro may from time to time reasonably specify to be necessary or appropriate to reflect the introduction of or changeover to the Euro euro in any country that becomes a Participating Member StatesState after the date hereof.