Substitution of Euro for National Currency. If any Available Foreign Currency is replaced by the euro, unless otherwise agreed by the Company, the Administrative Agent and the Lenders, the euro may be tendered in satisfaction of any obligation denominated in such Available Foreign Currency at the conversion rate specified in, or otherwise calculated in accordance with, the regulations adopted by the Council of the European Union relating to the euro. No replacement of an Available Foreign Currency by the euro shall discharge, excuse or otherwise affect the performance of any obligation of the Company under this Agreement.
Appears in 6 contracts
Samples: Multi Currency Credit Agreement (Harman International Industries Inc /De/), Multi Currency Credit Agreement (Harman International Industries Inc /De/), Multi Currency Credit Agreement (Harman International Industries Inc /De/)
Substitution of Euro for National Currency. If any Available Foreign Alternative Currency is replaced by the euroEuro, unless otherwise agreed by the Company, the Administrative Agent and the LendersBanks, the euro Euro may be tendered in satisfaction of any obligation denominated in such Available Foreign Alternative Currency at the conversion rate specified in, or otherwise calculated in accordance with, the regulations adopted by the Council of the European Union relating to the euroEuro. No replacement of an Available Foreign Alternative Currency by the euro Euro shall discharge, excuse or otherwise affect the performance of any obligation of the Company Borrower under this Agreement.
Appears in 5 contracts
Samples: Credit Agreement (Textron Inc), Credit Agreement (Textron Inc), Credit Agreement (Textron Inc)
Substitution of Euro for National Currency. If any Available Foreign Eurocurrency or Local Currency is replaced by the euro, unless otherwise agreed by the CompanyEuro, the Administrative Agent and the Lenders, the euro Euro may be tendered in satisfaction payment of any obligation outstanding amount denominated in such Available Foreign Eurocurrency or Local Currency at the conversion rate specified in, or otherwise calculated in accordance with, the regulations adopted by the Council of the European Union relating to the euroEuro. No Except as provided in the foregoing provisions of this Section, no replacement of an Available Foreign Eurocurrency or Local Currency by the euro Euro shall discharge, excuse or otherwise affect the performance of any obligation of the Company any Borrower under this AgreementAgreement or its Notes.
Appears in 3 contracts
Samples: Credit Agreement (Sealed Air Corp/De), Assignment and Assumption Agreement (Sealed Air Corp/De), Global Revolving Credit Agreement (Sealed Air Corp/De)
Substitution of Euro for National Currency. If any Available Foreign Alternative Currency is replaced by the euro, unless otherwise agreed by the CompanyEuro, the Administrative Agent and the Lenders, the euro Euro may be tendered in satisfaction payment of any obligation outstanding amount denominated in such Available Foreign Alternative Currency at the conversion rate specified in, or otherwise calculated in accordance with, the regulations adopted by the Council of the European Union relating to the euroEuro. No replacement of an Available Foreign Alternative Currency by the euro Euro shall discharge, excuse or otherwise affect the performance of any obligation of the Company Borrower under this AgreementAgreement or the Notes.
Appears in 2 contracts
Samples: Credit and Reimbursement Agreement (Usf&g Corp), Credit and Reimbursement Agreement (Usf&g Corp)
Substitution of Euro for National Currency. If any Available Foreign Alternative Currency is replaced by the euroEuro, unless otherwise agreed by the Company, the Administrative Agent and the LendersBanks, the euro Euro may be tendered in satisfaction of any obligation denominated in such Available Foreign Alternative Currency at the conversion rate specified in, or otherwise calculated in accordance with, the regulations adopted by the Council of the European Union relating to the euroEuro. No replacement of an Available Foreign Alternative Currency by the euro Euro shall discharge, excuse or otherwise affect the performance of any obligation of the Company Borrower under this AgreementAgreement or the Notes.
Appears in 2 contracts
Samples: Year Credit Agreement (Textron Inc), 364 Day Credit Agreement (Textron Inc)
Substitution of Euro for National Currency. If any Available Foreign Currency is replaced by the euroEuro, unless otherwise agreed by the Company, the Administrative Agent and the Lenders, the euro Euro may be tendered in satisfaction of any obligation denominated in such Available Foreign Currency at the conversion rate specified in, or otherwise calculated in accordance with, the regulations adopted by the Council of the European Union relating to the euroEuro. No replacement of an Available Foreign Currency by the euro Euro shall discharge, excuse or otherwise affect the performance of any obligation of the Company Borrowers under this Agreement.
Appears in 1 contract
Samples: Credit Agreement (Furmanite Corp)
Substitution of Euro for National Currency. If any Available Foreign Currency is replaced by the euro, unless otherwise agreed by the CompanyBorrower, the Administrative Agent and the Lenders, the euro may be tendered in satisfaction of any obligation denominated in such Available Foreign Currency at the conversion rate specified in, or otherwise calculated in accordance with, the regulations adopted by the Council of the European Union relating to the euro. No replacement of an Available Foreign Currency by the euro shall discharge, excuse or otherwise affect the performance of any obligation of the Company Borrower under this Agreement.
Appears in 1 contract
Samples: Credit Agreement (KEMPER Corp)
