Common use of Judgment Clause in Contracts

Judgment. (a) If for the purposes of obtaining judgment in any court it is necessary to convert a sum due hereunder or under the Notes in any currency (the “Original Currency”) into another currency (the “Other Currency”), the parties hereto agree, to the fullest extent that they may effectively do so, that the rate of exchange used shall be that at which in accordance with normal banking procedures the Administrative Agent could purchase the Original Currency with the Other Currency at 9:00 A.M. (New York City time) on the first Business Day preceding that on which final judgment is given.

Appears in 18 contracts

Samples: Day Credit Agreement (Honeywell International Inc), Five Year Credit Agreement (Honeywell International Inc), Credit Agreement (Honeywell International Inc)

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Judgment. (a) If for the purposes of obtaining judgment in any court it is necessary to convert a sum due hereunder or under the Notes in any currency (the "Original Currency") into another currency (the "Other Currency"), the parties hereto agree, to the fullest extent that they may effectively do so, that the rate of exchange used shall be that at which in accordance with normal banking procedures the Administrative Agent could purchase the Original Currency with the Other Currency at 9:00 A.M. (New York City time) on the first Business Day preceding that on which final judgment is given.

Appears in 13 contracts

Samples: Five Year Credit Agreement (Honeywell International Inc), Credit Agreement (Williams Companies Inc), Credit Agreement (Alliedsignal Inc)

Judgment. (a) If for the purposes of obtaining judgment in any court it is necessary to convert a sum due hereunder or under the Notes in any currency (the “Original Currency”) into another currency (the “Other Currency”), the parties hereto agree, to the fullest extent that they may effectively do so, that the rate of exchange used shall be that at which in accordance with normal banking procedures the Administrative Agent could purchase the Original Currency with the Other Currency at 9:00 A.M. (New York City time) on the first Business Day preceding that on which final judgment is given.

Appears in 11 contracts

Samples: Credit Agreement (Williams Companies Inc), Five Year Credit Agreement (Williams Companies Inc), Five Year Credit Agreement (Williams Companies Inc)

Judgment. (a) If for the purposes of obtaining judgment in any court it is necessary to convert a sum due hereunder or under the Notes in any currency (the "Original Currency") into another currency (the "Other Currency”), ") the parties hereto agree, to the fullest extent that they may effectively do so, that the rate of exchange used shall be that at which in accordance with normal banking procedures the Administrative Paying Agent could purchase the Original Currency with the Other Currency at 9:00 A.M. (New York City time) on the first Business Day preceding that on which final judgment is given.

Appears in 4 contracts

Samples: Credit Agreement (Federated Department Stores Inc /De/), Credit Agreement (Federated Department Stores Inc /De/), Day Credit Agreement (Federated Department Stores Inc /De/)

Judgment. (a) If for the purposes of obtaining judgment in any court it is necessary to convert a sum due hereunder or under the Notes in any currency (the “Original Currency”) into another currency (the “Other Currency”), ) the parties hereto agree, to the fullest extent that they may effectively do so, that the rate of exchange used shall be that at which in accordance with normal banking procedures the Administrative Agent could purchase the Original Currency with the Other Currency at 9:00 A.M. (New York City time) London, England on the first third Business Day preceding that on which final judgment is given.

Appears in 4 contracts

Samples: Day Credit Agreement (Ecolab Inc), Term Loan Credit Agreement (Ecolab Inc), Multicurrency Credit Agreement (Ecolab Inc)

Judgment. (a) If If, for the purposes purpose of obtaining judgment in any court court, it is necessary to convert a sum due owing hereunder or under the Notes in any one currency (the “Original Currency”) into another currency (the “Other Currency”)currency, the parties each party hereto agreeagrees, to the fullest extent that they it may effectively do so, that the rate of exchange used shall be that at which in accordance with normal banking procedures the Administrative Agent could purchase the Original Currency specified currency with such other currency at the Other Currency at 9:00 A.M. (Administrative Agent’s main New York City time) office on the first Business Day immediately preceding that the day on which final final, non-appealable judgment is given.

Appears in 3 contracts

Samples: Credit Agreement (Hubbell Inc), Credit Agreement (Hubbell Inc), Credit Agreement (Hubbell Inc)

Judgment. (a) If for the purposes of obtaining judgment in any court it is necessary to convert a sum due hereunder or under the Notes in any currency (the "Original Currency") into another currency (the "Other Currency”), ") the parties hereto agree, to the fullest extent that they may effectively do so, that the rate of exchange used shall be that at which in accordance with normal banking procedures the Administrative Agent could purchase the Original Currency with the Other Currency at 9:00 A.M. (New York City time) on the first Business Day preceding that on which final judgment is given.

Appears in 2 contracts

Samples: Credit Agreement (Cytec Industries Inc/De/), Credit Agreement (Cytec Industries Inc/De/)

Judgment. (a) If for the purposes of obtaining judgment in any court it is necessary to convert a sum due hereunder or under the Notes any promissory note of any Borrower issued pursuant to this Agreement in any currency (the “Original Currency”) into another currency (the “Other Currency”), ) the parties hereto agree, to the fullest extent that they may effectively do so, that the rate of exchange used shall be that at which which, in accordance with normal banking procedures procedures, the Administrative applicable Agent could purchase the Original Currency with the Other Currency at 9:00 A.M. (New York City time) on the first second Business Day preceding that on which final judgment is given.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Dana Inc), Credit and Guaranty Agreement (Dana Inc)

Judgment. (a) If for the purposes of obtaining a judgment in any court it is necessary to convert a sum due hereunder or under the Notes in any currency Dollars or in an Alternative Currency (the "Original Currency") into another currency (the "Other Currency"), the parties hereto agree, to the fullest extent that they may effectively do so, that the rate of exchange used shall be that at which in accordance with normal banking procedures the Administrative Agent could purchase the Original Currency with the Other Alternative Currency at 9:00 A.M. (New York City time) the close of business on the first Business Day immediately preceding that on which the final judgment is given.

Appears in 1 contract

Samples: Multicurrency Revolving Credit Agreement (Inmac Corp)

Judgment. (a) If If, for the purposes of obtaining judgment in any court court, it is necessary to convert a sum due hereunder or under the Notes or any other Loan Documents in any currency (the “Original Currency”) Dollars into another currency (the "Other Currency"), the parties hereto agree, to the fullest extent that they may effectively do so, that the rate of exchange used shall be that at which in accordance with normal banking procedures the Administrative Agent could purchase the Original Currency with the Other Currency at 9:00 A.M. (Dollars in New York City time) on the first Business Day preceding that on which final judgment is given.

Appears in 1 contract

Samples: Credit Agreement (Panamerican Beverages Inc)

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Judgment. (a) A. If for the purposes of obtaining judgment in any court it is necessary to convert a sum due hereunder or under the Notes any Loan Document in any currency (the "Original Currency") into another currency (the "Other Currency”), ") the parties hereto agree, to the fullest extent that they may effectively do so, that the rate of or exchange used shall be that at which which, in accordance with normal banking procedures the Administrative procedures, Agent could purchase the Original Currency with the Other Currency at 9:00 A.M. (New York City time) London, England or Toronto, Canada, as applicable, on the first second Business Day preceding that on which final judgment is given.

Appears in 1 contract

Samples: Credit Agreement (Katy Industries Inc)

Judgment. (a) If for the purposes of obtaining -------- judgment in any court it is necessary to convert a sum due hereunder or under the Notes in any currency (the "Original Currency") into another currency (the ----------------- "Other Currency”), ") the parties hereto agree, to the fullest extent that they may --------------- effectively do so, that the rate of exchange used shall be that at which in accordance with normal banking procedures the Administrative Agent could purchase the Original Currency with the Other Currency at 9:00 A.M. (New York City time) on the first Business Day preceding that on which final judgment is given.at

Appears in 1 contract

Samples: Day Credit Agreement (Cytec Industries Inc/De/)

Judgment. (a) If for the purposes purpose of obtaining judgment in any court it is necessary for any holder of any Note to convert a sum due hereunder or under the Notes such Note in any currency Dollars (the "Original Currency") into another currency (the "Other Currency"), the parties hereto agreeCompany agrees, to the fullest extent that they may effectively do sopermitted by applicable law, that the rate of exchange used shall be that at which in accordance with normal banking procedures the Administrative Agent such Person could purchase the Original Currency with the Other Currency at 9:00 A.M. (New York City time) on the first Business Day preceding that on which final judgment is given.

Appears in 1 contract

Samples: Note Purchase Agreement (Imc Global Inc)

Judgment. (a) If for the purposes purpose of obtaining judgment in any court it is necessary for any holder of any Note to convert a sum due hereunder or under the Notes such Note in any currency Dollars (the "Original Currency") into another currency (the "Other Currency"), the parties hereto agreeCompany agrees, to the fullest extent that they may effectively do sopermitted by Applicable Law, that the rate of exchange used shall be that at which in accordance with normal banking procedures the Administrative Agent such Person could purchase the Original Currency with the Other Currency at 9:00 A.M. (New York City time) on the first Business Day preceding that on which final judgment is givengiven in the New York City foreign exchange market.

Appears in 1 contract

Samples: Agreement (Gerdau Ameristeel Corp)

Judgment. (a) If for the purposes of obtaining judgment in any court it is necessary to convert a sum due hereunder or under the Notes in any currency (the "Original Currency") into another currency (the "Other Currency"), the parties hereto agree, to the fullest extent that they may effectively do so, that the rate of exchange used shall be that at which in accordance with normal banking procedures the Administrative Agent could purchase the Original Currency with the Other Currency at 9:00 A.M. (New York City time) on the first Business Day preceding that on which final judgment is given.

Appears in 1 contract

Samples: Credit Agreement (Imc Global Inc)

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