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 Trustees LTD)
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)
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)
