Euro Unit definition

Euro Unit means the currency unit of the Euro.

Euro Unit the currency unit of the euro as defined in the EMU Legislation.

Euro Unit means a currency unit of the Euro.

Examples of Euro Unit in a sentence

• 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.

• 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.

• Customer’s rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws of the state of Delaware as provided by the operating rules of NACHA, which are applicable to ACH transactions involving the Account.

• Any Loan in the currency of a state that becomes a Participating Member State after the date hereof shall be made in the Euro Unit after the date on which such state becomes a Participating Member State.

• Determination of number of Units to be issued, fractions The number of Units issued is equal to: • The amount paid, less the cost surcharge and entry fee due (totalling a maximum of 1%), divided by Series: 100 Euro (in case of the Euro Unit category) or the counter value in the relevant Unit Category.

More Definitions of Euro Unit

Euro Unit means the currency unit as referred to in the second sentence of Article 2;

Euro Unit means the unit of the single currency as defined in the Council Regulation on the introduction of the euro which will enter into force at the starting date of the third stage of EMU.

Euro Unit means the currency unit of the Euro. “Eurocurrency Rate” means:

Euro Unit. NATIONAL CURRENCY UNIT" and "TRANSITIONAL PERIOD" have the meaning given to those terms in the European Council Regulation on the legal framework for the introduction of the euro which is expected to come into force 1 January 1999;

Euro Unit shall have the meaning given to such term in SECTION 12.17.

Euro Unit is the currency unit of the euro; the “equivalent” on any date in one currency (the “first currency”) of an amount denominated in another currency (the “second currency”) is a reference to the amount of the first currency which could be purchased with the amount of the second currency at the spot rate of exchange quoted generally by the Agent (after taking into account any relevant currency rate Hedge) at or about 11.00 a.m. on such date for the purchase of the first currency with the second currency and “euro equivalent” means the equivalent in euro units of any second currency where euro units are the first currency; a “financial year” and “financial quarter” is a reference to the appropriate period for statutory accounting purposes for the Group and each Obligor;

Euro Unit means a euro as defined in the second sentence of Article 2 of Council Regulation (EC) No 974/98 on the introduction of the euro;