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 European monetary union contemplated by the Maastricht Treaty, then each of the Borrowers, the Lenders and the Agents agrees to negotiate in good faith an amendment to this Agreement satisfactory in form and substance to the Borrowers, the Lenders and the Documentation Agent to account therefor.

Appears in 2 contracts

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

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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 European monetary union contemplated by the Maastricht Treaty, then each of the Borrowers, the Lenders and the Agents Administrative Agent agrees to negotiate in good faith an amendment to this Agreement satisfactory in form and substance to the Borrowers, the Lenders and the Documentation Administrative Agent to account therefor.

Appears in 2 contracts

Samples: Credit Agreement (Federal Mogul Corp), Agreement (Federal Mogul Corp)

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 Lenders Banks, the Agent and the Agents Co-Agent agrees to negotiate in good faith an any required amendment or modification to this Agreement satisfactory in form and substance to the Borrowers, the Lenders Banks, the Agent and the Documentation Co-Agent to account therefor.

Appears in 2 contracts

Samples: Loan Agreement (Invacare Corp), Assumption 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 European monetary union contemplated by the Maastricht Treaty, then each of the Borrowers, the Lenders and the Agents 105 Administrative Agent agrees to negotiate in good faith an amendment to this Agreement satisfactory in form and substance to the Borrowers, the Lenders and the Documentation 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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