Common use of Redenomination Clause in Contracts

Redenomination. Each obligation under this Agreement which has been denominated in Sterling shall be redenominated in Euro in accordance with applicable legislation passed by the European Monetary Union upon such redenomination of the Sterling Notes.

Appears in 4 contracts

Samples: Granite Master Issuer PLC, Global Intercompany Loan Agreement (Granite Finance Funding 2 LTD), Intercompany Loan Agreement (Granite Finance Trustees LTD)

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Redenomination. Each obligation under this Agreement which has been denominated in Sterling sterling shall be redenominated redominated in Euro in accordance with applicable legislation passed by the European Monetary Union upon such redenomination redomination of the Sterling Notes.

Appears in 1 contract

Samples: Intercompany Loan Terms and Conditions (Granite Mortgages 02-1 PLC)

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Redenomination. Each obligation under this Agreement which has been denominated in Sterling sterling shall be redenominated in Euro in accordance with applicable legislation passed by the European Monetary Union upon such redenomination of the Sterling Notes.

Appears in 1 contract

Samples: Global Intercompany Loan Agreement (Granite Finance Trustees LTD)

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