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

AutoNDA by SimpleDocs

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)

AutoNDA by SimpleDocs

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)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!