Common use of Redenomination and Alternative Currencies Clause in Contracts

Redenomination and Alternative Currencies. Each obligation under this Agreement of a party to this Agreement which has been denominated in the National Currency Unit of a Subsequent Participant state shall be redenominated into the euro unit in accordance with EMU Legislation immediately upon such Subsequent Participant becoming a Participating Member State (but otherwise in accordance with EMU Legislation).

Appears in 7 contracts

Samples: Revolving Credit and Term Loan Agreement (Lear Corp Eeds & Interiors), Credit and Guarantee Agreement (Lear Corp Eeds & Interiors), Credit and Guarantee Agreement (Lear Corp)

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Redenomination and Alternative Currencies. Each obligation under this Agreement of a party to this Agreement which has been denominated in the National Currency Unit national currency unit of a Subsequent Participant state shall be redenominated into the euro unit Euro in accordance with EMU Legislation legislation immediately upon such Subsequent Participant becoming a Participating Member State (but otherwise in accordance with EMU Legislation).

Appears in 6 contracts

Samples: Five Year Credit Agreement (Cardinal Health Inc), Five Year Credit Agreement (Cardinal Health Inc), Credit Agreement (Cardinal Health Inc)

Redenomination and Alternative Currencies. Each obligation under this Agreement of a party to this Agreement which has been denominated in the National Currency Unit national currency unit of a Subsequent Participant state Participating Member State shall be redenominated into the euro unit in accordance with EMU Legislation, provided that, if and to the extent that any EMU Legislation immediately upon such Subsequent Participant becoming provides that following 1 January 1999 an amount denominated either in the euro or in the national currency unit of a Participating Member State (but otherwise in accordance with EMU Legislation).State

Appears in 2 contracts

Samples: Loan Agreement (Global Telesystems Inc), Loan Agreement (Global Telesystems Europe B V)

Redenomination and Alternative Currencies. Each obligation under this Agreement of a party to this Agreement which has been denominated in the National Currency Unit national currency unit of a Subsequent Participant state shall be redenominated into the euro unit in accordance with EMU Legislation legislation immediately upon such Subsequent Participant becoming a Participating Member State (but otherwise in accordance with EMU Legislation).

Appears in 2 contracts

Samples: Five Year Credit Agreement (Cardinal Health Inc), Credit and Guarantee Agreement (Lear Corp /De/)

Redenomination and Alternative Currencies. Each ------------------------------------------------------- obligation under this Agreement of a party to this Agreement which has been denominated in the National Currency Unit national currency unit of a Subsequent Participant state shall be redenominated into the euro unit in accordance with EMU Legislation legislation immediately upon such Subsequent Participant becoming a Participating Member State (but otherwise in accordance with EMU Legislation).

Appears in 1 contract

Samples: Credit Agreement (Federal Mogul Corp)

Redenomination and Alternative Currencies. Each ----------------------------------------- obligation under this Agreement of a party to this Agreement which has been denominated in the National Currency Unit national currency unit of a Subsequent Participant state shall be redenominated into the euro unit in accordance with EMU Legislation legislation immediately upon such Subsequent Participant becoming a Participating Member State (but otherwise in accordance with EMU Legislation)."

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Exide Corp)

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Redenomination and Alternative Currencies. Each obligation under this Agreement of a party to this Agreement which has been denominated in the National Currency Unit of a Subsequent Participant state shall be redenominated into the euro unit in accordance with EMU Legislation legislation immediately upon such Subsequent Participant becoming a Participating Member State (but otherwise in accordance with EMU Legislation).

Appears in 1 contract

Samples: Credit Agreement (Checkpoint Systems Inc)

Redenomination and Alternative Currencies. Each obligation ----------------------------------------------- under this Agreement of a party to this Agreement which has been denominated in the National Currency Unit national currency unit of a Subsequent Participant state shall be redenominated into the euro unit in accordance with EMU Legislation legislation immediately upon such Subsequent Participant becoming a Participating Member State (but otherwise in accordance with EMU Legislation).

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Exide Corp)

Redenomination and Alternative Currencies. Each ----------------------------------------- obligation under this Agreement of a party to this Agreement which has been denominated in the National Currency Unit national currency unit of a Subsequent Participant state shall be redenominated into the euro unit in accordance with EMU Legislation legislation immediately upon such Subsequent Participant becoming a Participating Member State (but otherwise in accordance with EMU Legislation).

Appears in 1 contract

Samples: Credit Agreement (Federal Mogul Corp)

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