Common use of Change of Currency Clause in Contracts

Change of Currency. 1.6.1. Each obligation of a Borrower to make a payment denominated in the national Currency unit of any member state of the European Union that adopts the Euro as its lawful Currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currency; provided, that with respect to any Loans denominated in such Currency that is outstanding immediately before such date, such replacement shall take effect at the end of the Interest Period therefor.

Change of Currency. 1.6.1. (a) Each obligation of a Borrower the Borrowers to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof Amendment No. 3 Effective Date shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Credit Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (i) Each obligation of a Borrower the Borrowers to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Committed Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Committed Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (a) Each obligation of a the US Borrower to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Committed Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Committed Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (a) Each obligation of a Borrower the Borrowers to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof Restatement Effective Date shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, that with respect to that, if any Loans denominated Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (a) Each obligation of a the Borrower to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof Amendment No. 3 Effective Date shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (a) Each obligation of a Borrower the Borrowers to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London applicable interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Revolving Credit Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Revolving Credit Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.18. Each obligation of a the Borrower to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof hereofClosing Date shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. Each obligation of a Borrower the Loan Parties to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; providedprovided that, that with respect to if any Loans denominated Committed Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Committed Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (a) Each obligation of a the Borrower to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London applicable interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Committed Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Committed Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (a) Each obligation of a Borrower any Loan Party to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Committed Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Committed Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. Each (a) The obligation of a the Borrower to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof Closing Date shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Committed Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Committed Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (a) Each obligation of a Borrower the Borrowers to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof Amendment No. 23 Effective Date shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Credit Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (a) Each obligation of a Borrower the Borrowers to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof Restatement Effective Date shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Committed Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Committed Borrowing, at the end of the then current Interest Period therefor(if applicable).

Change of Currency. 1.6.1. (a) Each obligation of a Borrower the Borrowers to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof Closing Date shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London applicable offshore interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Revolving Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Revolving Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (a) Each obligation of a Borrower Airgas and the Foreign Borrowers to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof Third Amendment Date shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Credit Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. Each obligation of a the Borrower to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislationthen-prevailing Laws and market practice). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Revolving Credit Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Revolving Credit Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (a) Each obligation of a Borrower the Borrowers to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London Londonapplicable interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Committed Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Committed Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (a) Each obligation of a Borrower the Borrowers to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Tranche 1 Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Tranche 1 Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (a) Each obligation of a Borrower the Borrowers to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency [*] Confidential Treatment Requested currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any borrowing of Loans denominated in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. iii) Each obligation of a Borrower the Borrowers to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Revolving Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Revolving Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. a) Each obligation of a Borrower the Borrowers to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Committed Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Committed Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. () Each obligation of a Borrower the Borrowers to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Committed Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Committed Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (a) Each obligation of a Borrower the Borrowers to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof Amendment No. 36 Effective Date shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Credit Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (a) Each obligation of a Borrower Borrowers to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Committed Borrowing in the currency of such Currency that member 50 state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Committed Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (a) Each obligation of a the Borrower to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such -45- expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (a) Each obligation of a any Foreign Subsidiary Borrower to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (a) Each obligation of a Borrower the Borrowers to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency Toyota - 364 Day Credit Agreement currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London European Union interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Committed Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Committed Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (a) Each obligation of a the Borrower to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currency; provided, provided that with respect to if any Loans denominated borrowing in the Currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (a) Each obligation of a the Borrower and the Designated Borrowers to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. Each obligation (a) Xxxx xxxxxxxion of a Borrower the Borrowers to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (a) Each obligation of a Borrower the Borrowers to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date Amendment No. 2 Effective Date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Credit Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (a) Each obligation of a Borrower the Borrowers to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation)adoption. If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent AMERICAS/2022747386.20 with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Committed Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Committed Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (a) Each obligation of a the Borrower to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Credit Agreement in respect of that Currency shall currency sha ll be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Eurocurrency Rate Loan in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Eurocurrency Rate Loan, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (a) Each obligation of a Borrower the Borrowers to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof Closing Date shall be redenominated into Euro at the time of such adoption (in accordance with legislation of the EMU LegislationEuropean Union relating to Economic and Monetary Union). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Credit Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. Each obligation of a the Borrower to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Revolving Credit Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Revolving Credit Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (a) Each obligation of a the Borrower to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof shall Second Restatement Effective Date will be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency shall currency will be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall will be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Committed Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall will take effect effect, with respect to such Committed Borrowing, at the end of the then current Interest Period thereforPeriod.

Change of Currency. 1.6.1. (a) Each obligation of a Borrower the Borrowers to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Revolving Facility Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Revolving Facility Borrowing, at the end of the then current Interest Period therefor.

Change of Currency. 1.6.1. (a) Each obligation of a the Borrower and the Designated Subsidiary Borrowers to make a payment denominated in the national Currency currency unit of any member state of the European Union that adopts the Euro as its lawful Currency currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the Currency currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful Currencycurrency; provided, provided that with respect to if any Loans denominated Borrowing in the currency of such Currency that member state is outstanding immediately before prior to such date, such replacement shall take effect effect, with respect to such Borrowing, at the end of the then current Interest Period thereforPeriod.