Euro Implementation Date definition

Euro Implementation Date means the first date (currently expected to be January 1, 1999) on which the Euro becomes the currency of some or all of the member states of the European Union.
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Euro Implementation Date means January 1, 1999.
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Euro Implementation Date means January 1, 1999. "Eurocurrency", when used in reference to a currency means any
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Examples of Euro Implementation Date in a sentence

  • For purposes of this Section 2.14(b), the commencement of the third stage of European Economic and Monetary Union and the occurrence of the Euro Implementation Date shall not constitute the imposition of currency control or exchange regulations.

  • Notwithstanding the foregoing, with effect on and from the Euro Implementation Date, Advances and interest payable thereon formerly denominated in a National Currency Unit shall be paid in Euro in immediately available, freely transferable, cleared funds to such account with such bank in such principal financial center as the Agent shall have specified for this purpose.

  • So far as possible, the amendments shall be such as to put the parties in the same position as if the Euro Implementation Date had not occurred.

  • If any Advance made (or to be made) on or after ---------------------------- the Euro Implementation Date is capable of being made in either the Euro or in a National Currency Unit, then the Company shall, by notice to the Administrative Agent, select whether such Advance shall be made in the Euro or in such National Currency Unit.

  • For purposes of this Section 2.13(ii), the commencement of the third stage of European Economic and Monetary Union and the occurrence of the Euro Implementation Date shall not constitute the imposition of currency control or exchange regulations.

  • So far as possible, such modifications shall be such as to put the parties in the same position as if the Euro Implementation Date had not occurred.

  • If any Advance made (or to be made) on or after the Euro Implementation Date would, but for the provisions of this Section 2.15, be capable of being made in either the Euro or in a National Currency Unit, such Advance shall be made in the Euro.

  • If any Borrowing made (or to be made) on or after the Euro Implementation Date would, but for the provisions of this Section 2.07, be capable of being made in either the Euro or in a National Currency Unit, such Borrowing shall be made in the Euro.

  • The Agent may notify the other parties to the Credit Agreement of any amendments to the Credit Agreement which the Agent (acting reasonably and after consultation with the other parties to the Credit Agreement) determines to be necessary as a result of the commencement of the third stage of European Economic and Monetary Union and the occurrence of the Conversion Date or the Euro Implementation Date.

  • If any Advance made (or to be made) on or after the Euro Implementation Date would, but for the provisions of this Section 2.14, be capable of being made in either the Euro or in a National Currency Unit, such Advance shall be made in the Euro.