Common use of Rounding and Other Consequential Changes Clause in Contracts

Rounding and Other Consequential Changes. Without prejudice and in addition to any method of conversion or rounding prescribed by any EMU legislation and without prejudice to the respective liabilities for Indebtedness of each Borrower and each Guarantor to the Lenders, and the Lenders to the Borrowers under or pursuant to this Agreement: (i) each reference in this Agreement to a minimum amount (or an integral multiple thereof) in a national currency unit to be paid to or by the Administrative Agent shall be replaced by a reference to such reasonably comparable and convenient amount (or an integral multiple thereof) in the euro unit as the Administrative Agent may from time to time specify; and (ii) except as expressly provided in this subsection 9.14, each provision of this Agreement shall be subject to such reasonable changes of construction as the Administrative Agent may from time to time specify to be necessary or appropriate to reflect the introduction of or changeover to the euro in participating member states.

Appears in 3 contracts

Samples: Credit Agreement (Volt Information Sciences Inc), Credit Agreement (Volt Information Sciences Inc), Credit Agreement (Volt Information Sciences, Inc.)

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Rounding and Other Consequential Changes. Without prejudice and in addition to any method of conversion or rounding prescribed by any EMU legislation and without prejudice to the respective liabilities for Indebtedness indebtedness of each Borrower and each Guarantor the Obligors to the Lenders, Banks and the Lenders Banks to the Borrowers Obligors under or pursuant to this Agreement: (ia) each reference in this Agreement to a minimum amount (or an integral multiple thereof) in a national currency unit to be paid to or by the Administrative Facility Agent shall be replaced by a reference to such reasonably comparable and convenient amount (or an integral multiple thereof) in the euro unit as the Administrative Facility Agent may from time to time specify; and (iib) except save as expressly provided in this subsection 9.14Clause 11.13(j), each provision provisions of this Agreement shall be subject to such reasonable changes of construction as the Administrative Facility Agent may from time to time specify to be necessary or appropriate to reflect the introduction of or changeover to the euro in participating member states.

Appears in 2 contracts

Samples: Facility Agreement (Lyon Investments B V), Facility Agreement (Derby Cycle Corp)

Rounding and Other Consequential Changes. Without prejudice and in addition to any method of conversion or rounding prescribed by any EMU legislation and without prejudice to the respective liabilities for Indebtedness indebtedness of each the Borrower and each Guarantor to the Lenders, Lenders and the Lenders to the Borrowers Borrower under or pursuant to this Agreement: (i) each reference in this Agreement to a minimum amount (or an integral multiple thereof) in a national currency unit to be paid to or by the Administrative Agent shall be replaced by a reference to such reasonably comparable and convenient amount (or an integral multiple thereof) in the euro unit as the Administrative Agent may from time to time specify; and (ii) except as expressly provided in this subsection 9.14Section 2.15, each provision of this Agreement shall be subject to such reasonable changes of construction as the Administrative Agent may from time to time specify to be necessary or appropriate to reflect the introduction of or changeover to the euro in participating member states.

Appears in 2 contracts

Samples: Short Term Credit Agreement (Curtiss Wright Corp), Credit Agreement (Curtiss Wright Corp)

Rounding and Other Consequential Changes. Without prejudice and ---------------------------------------- in addition to any method of conversion or rounding prescribed by any EMU legislation and without prejudice to the respective liabilities for Indebtedness of each Borrower and each Guarantor the Borrowers to the Lenders, Banks and the Lenders Banks to the Borrowers under or pursuant to this Agreement: : (i) each reference in this Agreement to a minimum amount (or an integral multiple thereof) in a national currency unit to be paid to or by the Administrative Agent shall be replaced by a reference to such reasonably comparable and convenient amount (or an integral multiple thereof) in the euro unit as the Administrative Agent may from time to time specify; and and (ii) except as expressly provided in this subsection 9.14Section 2.8, each provision of this Agreement shall be subject to such reasonable changes of construction as the Administrative Agent may from time to time specify to be necessary or appropriate to reflect the introduction of or changeover to the euro in participating member states.

Appears in 2 contracts

Samples: Revolving Multicurrency Credit Agreement (Johns Manville International Group Inc), Revolving Multicurrency Credit Agreement (Johns Manville Corp /New/)

Rounding and Other Consequential Changes. Without prejudice and in addition to any method of conversion or rounding prescribed by any EMU legislation and without prejudice to the respective liabilities for Indebtedness indebtedness of each any Borrower and each Guarantor to the Lenders, Lenders and the Lenders to the Borrowers any Borrower under or pursuant to this Agreement: (i) each reference in this Agreement to a minimum amount (or an integral multiple thereof) in a national currency unit to be paid to or by the Administrative Agent shall be replaced by a reference to such reasonably comparable and convenient amount (or an integral multiple thereof) in the euro unit as the Administrative Agent may from time to time specify; and (ii) except as expressly provided in this subsection 9.14Section 10.21, each provision of this Agreement shall be subject to such reasonable changes of construction as the Administrative Agent may from time to time specify to be necessary or appropriate to reflect the introduction of or changeover to the euro in participating member states.

Appears in 2 contracts

Samples: Credit Agreement (American Standard Companies Inc), Credit Agreement (American Standard Inc)

Rounding and Other Consequential Changes. Without prejudice and in addition to any method methods of conversion or rounding prescribed by any EMU legislation and without prejudice to the respective liabilities for Indebtedness indebtedness of each Borrower any Loan Party to any Lender or the Issuer and each Guarantor of any Lender or the Issuer to the Lenders, and the Lenders to the Borrowers any Loan Party under or pursuant to this Agreementany Loan Document: (i) each reference in this Agreement each Loan Document to a minimum amount (or an integral multiple thereof) in a national currency unit to be paid to or by the Administrative Agent shall be replaced by a reference to such reasonably comparable and convenient amount (or an integral multiple thereof) in the euro unit as the Administrative Agent may from time to time specify; and (ii) except as expressly provided in this subsection 9.14Section 10.15, each provision of this Agreement each Loan Document shall be subject to such reasonable changes of construction as the Administrative Agent may from time to time specify to be necessary or appropriate to reflect the introduction of or changeover to the euro in participating member states.

Appears in 1 contract

Samples: Credit Agreement (Euramax International PLC)

Rounding and Other Consequential Changes. Without prejudice and in addition to any method methods of conversion or rounding prescribed by any EMU legislation and without prejudice to the respective liabilities for Indebtedness indebtedness of each Borrower any Loan Party to any Lender or the Issuer and each Guarantor of any Lender or the Issuer to the Lenders, and the Lenders to the Borrowers any Loan Party under or pursuant to this Agreementany Loan Document: (i) each reference in this Agreement each Loan Document to a minimum amount (or an integral multiple thereof) in a national currency unit National Currency Unit to be paid to or by the Administrative Agent shall be replaced by a reference to such reasonably comparable and convenient amount (or an integral multiple thereof) in the euro unit Euro Unit as the Administrative Agent may from time to time specify; and (ii) except as expressly provided in this subsection 9.14Section 10.15, each provision of this Agreement each Loan Document shall be subject to such reasonable changes of construction as the Administrative Agent may from time to time specify to be necessary or appropriate to reflect the introduction of or changeover to the euro Euro in participating member states.

Appears in 1 contract

Samples: Credit Agreement (Euramax International PLC)

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Rounding and Other Consequential Changes. Without prejudice and in addition to any method of conversion or rounding prescribed by any EMU legislation and without prejudice to the respective liabilities for Indebtedness indebtedness of each Borrower and each Guarantor the Obligors to the Lenders, Banks and the Lenders Banks to the Borrowers Obligors under or pursuant to this Agreement: (ia) each reference in this Agreement to a minimum amount (or an integral multiple thereof) in a national currency unit to be paid to or by the Administrative Facility Agent shall be replaced by a reference to such reasonably comparable and convenient amount (or an integral multiple thereof) in the euro unit as the Administrative Facility Agent may from time to time specify; and (iib) except save as expressly provided in this subsection 9.14Clause 11.13(j), each provision of this Agreement shall be subject to such reasonable changes of construction as the Administrative Facility Agent may from time to time specify to be necessary or appropriate to reflect the introduction of or changeover to the euro in participating member states.

Appears in 1 contract

Samples: Revolving Multicurrency Credit Facility (Derby Cycle Corp)

Rounding and Other Consequential Changes. Without prejudice and in addition to any method of conversion or rounding prescribed by any EMU legislation and without prejudice to the respective liabilities for Indebtedness of each any Borrower and each Guarantor to the Lenders, Lenders and the Lenders to the Borrowers any Borrower under or pursuant to this Agreement: (i) each reference in this Agreement to a minimum amount (or an integral multiple thereof) in a national currency unit to be paid to or by the Administrative Agent shall be replaced by a reference to such reasonably comparable and convenient amount (or an integral multiple thereof) in the euro unit as the Administrative Agent may from time to time specify; and (ii) except as expressly provided in this subsection 9.14Section 9.15, each provision of this Agreement shall be subject to such reasonable changes of construction as the Administrative Agent may from time to time specify to be necessary or appropriate to reflect the introduction of or changeover to the euro in participating member states.

Appears in 1 contract

Samples: Credit Agreement (MTS Inc)

Rounding and Other Consequential Changes. Without prejudice and in addition to any method of conversion or rounding prescribed by any EMU legislation and without prejudice to the respective liabilities for Indebtedness indebtedness of each the Borrower and each Guarantor to the Lenders, Lenders and the Lenders to the Borrowers Borrower under or pursuant to this Agreement: (i) each reference in this Agreement to a minimum amount (or an integral multiple thereof) in a national currency unit to be paid to or by the Administrative Agent shall be replaced by a reference to such reasonably comparable and convenient amount (or an integral multiple thereof) in the euro unit as the Administrative Agent and the Borrower may from time to time specifyagree; and (ii) except as expressly provided in this subsection 9.1410.18, each provision of this Agreement shall be subject to such reasonable changes of construction as the Administrative Agent and the Borrower may from time to time specify agree to be necessary or appropriate to reflect the introduction of or changeover to the euro in participating member states.

Appears in 1 contract

Samples: Credit Agreement (Scotts Company)

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