Common use of Share Charge Clause in Contracts

Share Charge. The Share Charge for Lionbridge Technologies Ireland Ltd., dated as of the Closing Date, among VeriTest, Lionbridge Technologies Ireland Ltd., the Lenders and the Administrative Agent. S&P. Standard & Poor’s Ratings Group. Spot Rate. For a Currency, means the rate determined by the Administrative Agent to be the rate quoted by the Person acting in such capacity as the spot rate for the purchase by such Person of such Currency with another Currency through its principal foreign exchange trading office at approximately 11:00 A.M. on the date two (2) Business Days prior to the date as of which the foreign exchange computation is made; provided that the Administrative Agent may obtain such spot rate from another financial institution such as, or similar to, the Reference Banks and designated by the Administrative Agent if the Person acting in such capacity does not have as of the date of determination a spot buying rate for any such Currency; and provided further that the Administrative Agent may use such spot rate quoted on the date as of which the foreign exchange computation is made in the case of any Letter of Credit or Foreign Revolving Credit Loan denominated in an Alternative Currency. Sterling. The lawful currency of the United Kingdom.