EMU Sample Clauses

EMU. The economic and monetary union in accordance with the Treaty of Rome 1957, as amended by the Single Xxxxxxxx Xxx 0000, the Maastricht Treaty of 1992 and the Amsterdam Treaty of 1998.
AutoNDA by SimpleDocs
EMU. European Economic and Monetary Union anticipate the introduction of a single currency and the substitution of the national currencies of Member States participating in Monetary Union. On the date on which the Deutsche Xxxx is replaced by the single currency, conversion into such currency shall take effect. The denomination of the original currency shall be retained for so long as this is legally permissible. Conversions shall be based on the officially fixed rate of conversion. Neither the introduction of the single currency nor the substitution of the national currencies of the Member States participating in European Monetary Union nor the fixing of the official rate of conversion nor any economic consequences that arise from any of the aforementioned events or in connection with European Monetary Union shall give rise to any right to terminate prematurely, contest, cancel, rescind, modify, or renegotiate this Agreement or any of its provisions or to raise any other objections and/or exceptions or to assert any claims for compensation. This Agreement shall continue in full force and effect in accordance with its terms.
EMU. If, as a result of sterling joining EMU an amount is to be paid to the Authority in euro, such payment shall be made in euro and in immediately available, freely transferable cleared funds to such account as the Authority may specify, and thereafter each reference in this Agreement to a sterling amount shall be replaced by a reference to a comparable euro amount fixed by the Authority and this Agreement shall be subject to such other consequential changes as the Authority reasonably decides are necessary.
EMU. 28.1. The Contractor and the Authority acknowledge that during the Contract Period Economic and Monetary Union and/or the introduction of a Single European Currency may occur between some or all of the Member States of the European Union or (having previously occurred, may expand to include other Member States). The Contractor and the Authority agree that each of them should bear any costs which fall upon them as a result of such event (whether or not Great Britain is a party to them) and neither will make any claim to any payment from the other, nor to any increase or reduction in any existing payment as a result of such events.
EMU. If and to the extent that any provision of this Section relates to any state (or the currency of such state) that is not a Participating Member State on the Effective Date, such provision shall become effective in relation to such state (and the currency of such state) at and from the date on which such state becomes a Participating Member State.
EMU. 9.2.1 The Contractor warrants that the Services will:
EMU. All amounts in the Financing Documents, the Operative Documents, the Project Agreements and the Amendment Agreements denominated in Deutsche Mxxx shall be converted into Euro based on the officially fixed rate of conversion established in connection with the introduction of the Euro as the single currency of the Member States participating in the European Economic and Monetary Union. Such conversion shall be effective as of the date on which the Deutsche Mxxx is replaced by such single currency.
AutoNDA by SimpleDocs
EMU. (a) Redenomination of Alternative Currency Loans and other Obligations into Euro Units. (i) On the date on which any nation becomes a Participating Member State, each obligation under this Agreement of a party to this Agreement which (1) was originally denominated in the former national currency of such Participating Member State or (2) would otherwise have been denominated in such former national currency prior to such date shall be redenominated into the Euro Unit in accordance with EMU Legislation and applicable state law, provided, that if and to the extent that any EMU Legislation provides that amounts denominated either in euros or in the National Currency Unit of a Participating Member State, that are payable by crediting an account of the creditor within that country, may be paid by the debtor in either euros or National Currency Units, the debtor shall be entitled to pay or repay any such amounts in either the Euro Unit or such National Currency Unit.
EMU. The European Economic and Monetary Union anticipates --- the introduction of a single currency and the substitution of the national currencies of Member States participating in the Monetary Union. On the date on which the DM is replaced by the single currency, conversion into such currency shall take effect. The denomination of the original currency shall be retained for so long as this is legally permissible. Conversions shall be based on the officially fixed rate of conversion. Neither the introduction of the single currency nor the substitution of the national currencies of the Member States participating in European Monetary Union nor the fixing of the official rate of conversion nor any economic consequences that arise from any of the aforementioned events or in connection with European Monetary Union shall give rise to any right to terminate prematurely, contest, cancel, rescind, modify, or renegotiate this Agreement or any of its provisions or to raise any other objections and/or exceptions or to assert any claims for compensation. This Agreement shall continue in full force and effect in accordance with its terms. IN WITNESS OF THE FOREGOING, AMD Inc. and AMD Holding have caused this Agreement to be executed by their authorized representatives as of the date first written above. ADVANCED MICRO DEVICES, INC. By:________________________ Its:_______________________ AMD SAXONY HOLDING GMBH By:________________________ Its: Managing Director
EMU. To the extent that any of the Guaranteed Obligations are denominated in Deutsche Xxxx, conversion of any such Deutsche Xxxx amounts into Euro shall be based on the officially fixed rate of conversion established in connection with the introduction of the Euro as the single currency of the Member States participating in the European Economic and Monetary Union. Such conversion shall be effective as of the date on which the Deutsche Xxxx is replaced by such single currency.
Time is Money Join Law Insider Premium to draft better contracts faster.