Common use of Unification of Certain Currencies Clause in Contracts

Unification of Certain Currencies. If the "Euro" (or some other similar unit of account) becomes a currency in its own right in connection with the European Monetary Union contemplated by the Maastricht Treaty, then each of the Borrowers, the Banks, the Agent and the Co-Agent agrees to negotiate in good faith any required amendment or modification to this Agreement satisfactory in form and substance to the Borrowers, the Banks, the Agent and the Co-Agent to account therefor.

Appears in 2 contracts

Samples: Loan Agreement (Invacare Corp), Loan Agreement (Invacare Corp)

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Unification of Certain Currencies. If the "Euro" (or some other similar unit of account) becomes a currency in its own right in connection with the European Monetary Union monetary union contemplated by the Maastricht Treaty, then each of the Borrowers, the Banks, the Agent Lenders and the Co-Agent Agents agrees to negotiate in good faith any required an amendment or modification to this Agreement satisfactory in form and substance to the Borrowers, the Banks, the Agent Lenders and the Co-Documentation Agent to account therefor.

Appears in 2 contracts

Samples: Credit Agreement (Meritor Automotive Inc), Credit Agreement (Meritor Automotive Inc)

Unification of Certain Currencies. If the "Euro" (or some other similar unit of account) becomes a currency in its own right in connection with the European Monetary Union monetary union contemplated by the Maastricht Treaty, then each of the Borrowers, the Banks, the Agent Lenders and the Co-Administrative Agent agrees to negotiate in good faith any required an amendment or modification to this Agreement satisfactory in form and substance to the Borrowers, the Banks, the Agent Lenders and the Co-Administrative Agent to account therefor.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Federal Mogul Corp), Second Amended and Restated Credit Agreement (Federal Mogul Corp)

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Unification of Certain Currencies. If the "Euro" (or some other similar unit of account) becomes a currency in its own right in connection with the European Monetary Union monetary union contemplated by the Maastricht Treaty, then each of the Borrowers, the Banks, the Agent Lenders and the Co-105 Administrative Agent agrees to negotiate in good faith any required an amendment or modification to this Agreement satisfactory in form and substance to the Borrowers, the Banks, the Agent Lenders and the Co-Administrative Agent to account therefor.

Appears in 1 contract

Samples: Revolving Credit and Competitive Advance Facility Agreement (Crown Cork & Seal Co Inc)

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