Redenomination of the Notes Sample Clauses

Redenomination of the Notes. (a) On each Issue Date, immediately after the issue of the relevant Notes (such Issue Date, the "Relevant Issue Date"; such Notes, the "Relevant Notes"; and such time, the "Redenomination Time"), the Issue Price payable in respect of the Relevant Notes (the “Relevant Issue Price”) shall be funded in US Dollars, and redenominated in full from US Dollars into euros at the Redenomination Rate (as defined below) for all purposes under the Finance Documents. (b) By no later than 6.30 p.m. (London time): (i) on the date of the first Subscription Request made by the Company in accordance with the terms of this Agreement (the “Initial Relevant Subscription Request”); or (ii) on the Business Day following the date of each other Subscription Request for the Relevant Notes (a “Relevant Subscription Request”), the Holders will notify the Company in writing of the applicable Redenomination Rate and the principal amount in euros of the redenominated Relevant Notes; and (c) For the avoidance of doubt: (i) the Relevant Notes shall be issued in, and the Relevant Issue Price shall be due and payable in US Dollars, and only be redenominated in accordance with paragraph (a) above once the Redenomination Time has occurred; (ii) on and from the Redenomination Time, any amount payable (including, without limitation, any accrued interest) in respect of the Relevant Notes (including in respect of the principal amount of the Relevant Notes) shall be in euros; (iii) promptly following the Redenomination Time, the Company shall update any reference to the Relevant Notes in the relevant Register to reflect the reallocation and redenomination as contemplated by this Clause; and (iv) the redenomination of the Relevant Notes as contemplated by this Clause 4.3 shall be effective for all purposes under the Finance Documents without the need for any consent from any Party. (d) For the purposes of this Clause 4.3: