Common use of Redenomination of Certain Foreign Currencies Clause in Contracts

Redenomination of Certain Foreign Currencies. Each obligation of any party to this Agreement to make a payment denominated in the National Currency Unit of any member state of the European Union that adopts the Euro as its lawful currency after the date hereof shall be redenominated into the Euro at the time of such adoption (in accordance with the EMU Legislation).

Appears in 2 contracts

Samples: Credit Agreement (Cox Enterprises Inc Et Al), Credit Agreement (Cox Communications Inc /De/)

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Redenomination of Certain Foreign Currencies. (a) Each obligation of any party to this Agreement to make a payment denominated in the National Currency Unit national currency unit of any member state of the European Union that adopts the Euro as its lawful currency after the date hereof Original Effective Date shall be redenominated into the Euro at the time of such adoption (in accordance with the EMU Legislation).-33-

Appears in 1 contract

Samples: Credit Agreement (Miller Herman Inc)

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Redenomination of Certain Foreign Currencies. Each obligation of any party to this Credit Agreement to make a payment denominated in the National Currency Unit national currency unit of any member state of the European Union that adopts the Euro as its lawful currency after the date hereof shall be redenominated into the Euro at the time of such adoption (in accordance with the EMU Legislation).

Appears in 1 contract

Samples: Credit Agreement (Armstrong World Industries Inc)

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