Common use of Substitution of Currency Clause in Contracts

Substitution of Currency. If the Federal Republic of Germany adopts the Euro, the regulations of the European Commission relating to the Euro shall apply to the Notes and this Indenture. The circumstances and consequences described in this paragraph entitle neither the Company nor any Holder to early redemption, rescission, notice, repudiation, adjustment or renegotiation of the terms and conditions of the Notes or this Indenture or to raise other obligations of the Company under the Notes and this Indenture.

Appears in 2 contracts

Samples: Indenture (Euronet Services Inc), Indenture (Euronet Services Inc)

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Substitution of Currency. If the Federal Republic of Germany adopts the Euro, the regulations of the European Commission relating to the Euro shall apply to the Notes and this Indenture. The circumstances and consequences described in this paragraph entitle neither the Company nor any Holder to early redemption, rescission, notice, repudiation, adjustment or renegotiation of the terms and conditions of the Notes or this Indenture or to raise other obligations of the Company under the Notes and this Indenture.. 178 78

Appears in 1 contract

Samples: Indenture (Central European Media Enterprises LTD)

Substitution of Currency. If the Federal Republic of Germany adopts the Euro, the regulations of the European Commission relating to the Euro shall apply to the Notes and this IndentureAgreement. The circumstances and consequences described in this paragraph Section 16 entitle neither the Company Issuer nor any Holder holder to early redemption, rescission, notice, repudiation, adjustment or renegotiation of the terms and conditions of the Notes or this Indenture Agreement or to raise other defenses or to request any compensation, claim, nor will they affect any of the other obligations of the Company Issuer under the Notes and this IndentureAgreement.

Appears in 1 contract

Samples: Fiscal and Paying Agency Agreement (Exide Corp)

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Substitution of Currency. If the Federal Republic of Germany adopts the Euro, the regulations of the European Commission relating to the Euro euro shall apply to the Notes Securities and this the Indenture. The circumstances and consequences described in this paragraph Section 2.15 entitle neither the Company nor any Holder to early redemption, rescission, notice, repudiation, adjustment or renegotiation of the terms and conditions of the Notes Securities or this the Indenture or to Exh. T3C-41 raise other defenses or to request any compensation claim, nor shall they affect any of the other obligations of the Company under the Notes Securities and this Indenture.

Appears in 1 contract

Samples: Indenture (Texon International PLC)

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