Common use of Unification of Certain Currencies Clause in Contracts

Unification of Certain Currencies. Notwithstanding the commencement of the third stage of European Monetary Union ("EMU") (which as of the date of this Agreement is scheduled to occur on January 1, 1999), all Advances denominated in any Eligible Currency shall continue to be so denominated, interest rates with respect to Eurocurrency Loans denominated in any Eligible Currency shall continue to be determined by reference to such Permitted Currency in accordance with the procedures specified in the definition of "Eurocurrency Rate", all calculations with respect to Advances outstanding in any Eligible Currency shall continue to be made in units of such currency, and the obligations of the Borrowers with respect to payments of principal and interest on Advances outstanding in any Eligible Currency shall continue to be payable in such currency, all without regard to the conversion rates or rounding rules referred to in European Council Regulation 96/0249 (CNS). Following the commencement of the third stage of EMU and prior to the first issuance of euro-bank notes by the European Central Bank pursuant to Article 105A(1) of the Treaty Establishing the European Community, as amended, (which as of the date of this Agreement is scheduled to occur on January 1, 2002) each of the Borrowers, the Lenders, and the Agent agrees to negotiate in good faith an amendment to this Agreement, satisfactory in form and substance to each of the Borrowers, the Lenders, and the Agent to modify this Agreement in light of EMU.

Unification of Certain Currencies. Notwithstanding the commencement of the third stage of European Monetary Union ("EMU") (which as of the date of this Agreement is scheduled to occur on January 1, 1999), all Advances denominated in any Eligible Currency shall continue to be so denominated, interest rates with respect to Eurocurrency Rate Loans denominated in any Eligible Currency shall continue to be determined by reference to such Permitted Currency in accordance with the procedures specified in the definition of "Eurocurrency Rate", all calculations with respect to Advances outstanding in any Eligible Currency shall continue to be made in units of such currency, and the obligations of the Borrowers Company with respect to payments of principal and interest on Advances outstanding in any Eligible Currency shall continue to be payable in such currency, all without regard to the conversion rates or rounding rules referred to in European Council Regulation 96/0249 (CNS). Following the commencement of the third stage of EMU and prior to the first issuance of euro-bank notes by the European Central Bank pursuant to Article 105A(1) of the Treaty Establishing the European Community, as amended, (which as of the date of this Agreement is scheduled to occur on January 1, 2002) each of the Borrowers, the Lenders, Company and the Agent agrees Lenders agree to negotiate in good faith an amendment to this Agreement, satisfactory in form and substance to each of the Borrowers, the Lenders, Company and the Agent Lenders to modify this Agreement in light of EMU.

Unification of Certain Currencies. Notwithstanding the commencement of the third stage of European Monetary Union ("EMU") (which as of the date of this Agreement is scheduled to occur on January 1, 1999), all Advances denominated in any Eligible Permitted Currency shall continue to be so denominated, interest rates with respect to Eurocurrency Loans denominated in any Eligible Permitted Currency shall continue to be determined by reference to such Permitted Currency in accordance with the procedures specified in the definition of "Eurocurrency Rate", all calculations with respect to Advances outstanding in any Eligible Permitted Currency shall continue to be made in units of such currency, and the obligations of the Borrowers with respect to payments of principal and interest on Advances outstanding in any Eligible Permitted Currency shall continue to be payable in such currency, all without regard to the conversion rates or rounding rules referred to in European Council Regulation 96/0249 (CNS). Following the commencement of the third stage of EMU and prior to the first issuance of euro-bank notes by the European Central Bank pursuant to Article 105A(1) of the Treaty Establishing the European Community, as amended, (which as of the date of this Agreement is scheduled to occur on January 1, 2002) each of the Borrowers, the LendersBanks, and the Agent agrees to negotiate in good faith an amendment to this Agreement, satisfactory in form and substance to each of the Borrowers, the LendersBanks, and the Agent to modify this Agreement in light of EMU.

Unification of Certain Currencies. Notwithstanding the commencement of the third stage of European Monetary Union ("EMU") (which as of the date of this Agreement is scheduled to occur on January 1, 1999), all Advances denominated in any Eligible Permitted Currency subject to the EMU shall continue to be so denominated, interest rates with respect to Eurocurrency Loans denominated in any Eligible Permitted Currency subject to the EMU shall continue to be determined by reference to such Permitted Currency in accordance with the procedures specified in the definition of "Eurocurrency Rate"herein, all calculations with respect to Advances outstanding in any Eligible such Permitted Currency shall continue to be made in units of such currency, and the obligations of the Borrowers with respect to payments of principal and interest on Advances outstanding in any Eligible such Permitted Currency shall continue to be payable in such currency, all without regard to the conversion rates or rounding rules referred to in European Council Regulation 96/0249 (CNS). Following the commencement of the third stage of EMU and prior to the first issuance of euro-bank notes by the European Central Bank pursuant to Article 105A(1) of the Treaty Establishing the European Community, as amended, amended (which as of the date of this Agreement is scheduled to occur on January 1, 2002) ), each of the Borrowers, the Lenders, and the Agent Agents agrees to negotiate in good faith an amendment to this Agreement, satisfactory in form and substance to each of the Borrowers, the Lenders, and the Agent Agents to modify this Agreement in light of EMU.