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Luxottica Group, S.p.A. (LUX)
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LUX » Topics » Second Currency

This excerpt taken from the LUX 20-F filed Jun 28, 2006.
Second Currency”) for the purpose of:

37



(i)                                     making or filing a claim or proof against that Obligor; or
(ii)                                  obtaining or enforcing an order, judgment or award in relation to any litigation or arbitration proceedings,

that Obligor shall as an independent obligation, within five Business Days of demand, indemnify each Finance Party to whom that Sum is due against any cost, loss or liability arising out of or as a result of the conversion including any discrepancy between (A) the rate of exchange used to convert that Sum from the First Currency into the Second Currency and (B) the rate or rates of exchange available to that person at the time of its receipt of that Sum.

(b)                                 Each Obligor waives any right it may have in any jurisdiction to pay any amount under the Finance Documents in a currency or currency unit other than that in which it is expressed to be payable.

15.2.                       

"Second Currency" elsewhere:

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