EMU Legislation definition

EMU Legislation means the legislative measures of the European Council for the introduction of, changeover to or operation of a single or unified European currency.
EMU Legislation means the legislative measures of the European Union for the introduction of, changeover to or operation of the Euro in one or more member states.
EMU Legislation means legislative measures of the European Council for the introduction of, changeover to or operation of a single or unified European currency (whether known as the euro or otherwise), being in part the implementation of the third stage of EMU.

Examples of EMU Legislation in a sentence

  • If and to the extent that any EMU Legislation provides that an amount denominated either in the Euro or in the National Currency Unit of a Participating Member State and payable within the Participating Member State by crediting an account of the creditor can be paid by the debtor either in the Euro Unit or in that National Currency Unit, any party to this Agreement shall be entitled to pay such amount either in the Euro Unit or in such National Currency Unit.

  • Without prejudice and in addition to any method of conversion or rounding prescribed by the EMU Legislation, each reference in this Agreement to a minimum amount (or a multiple thereof) in a National Currency Unit to be paid to or by the Administrative Agent shall be replaced by a reference to such reasonably comparable and convenient amount (or a multiple thereof) in the Euro Unit as the Administrative Agent may from time to time specify.


More Definitions of EMU Legislation

EMU Legislation legislative measures of the European Union for the introduction of, changeover to or operation of the euro in one or more member states.
EMU Legislation means the legislative measures of the European council for the introduction of, changeover to or operation of a single or unified European currency.
EMU Legislation means the legislative measures of the European Council (including without limitation the European Council regulations) for the introduction of, changeover to or operation of the Euro in one or more member states.
EMU Legislation means legislative measures of the European Union for the introduction of, changeover to or operation of the euro in one or more member states, being in part legislative measures to implement the third stage of EMU.
EMU Legislation means the legislative measures of the EMU for the introduction of, changeover to or operation of a single or unified European currency.
EMU Legislation means (a) the Treaty on European Union (the Treaty of Rome of March 25, 1957, as amended by the Single Xxxxxxxx Xxx 0000, the Maastricht Treaty of 1992 and the Amsterdam Treaty of 1998), and (b) legislative measures of the European Council (including without limitation European Council regulations) for the introduction of, changeover to or operation of the Euro, in each case as amended or supplemented from time to time.
EMU Legislation means legislative measures of the Council of European Union for the introduction of, change over to or operation of the Euro.