British Pounds Sterling definition

British Pounds Sterling means the lawful currency of the United Kingdom.

British Pounds Sterling and “£” mean the lawful currency of the United Kingdom.

British Pounds Sterling means the lawful currency of Great Britain.

Examples of British Pounds Sterling in a sentence

• Interest on Eurocurrency Rate Loans (other than Eurocurrency Rate Loans denominated in British Pounds Sterling) shall be computed on the basis of a 360-day year and the actual number of days elapsed in the period during which it accrues and interest on Base Rate Loans and Eurocurrency Rate Loans denominated in British Pounds Sterling shall be computed on the basis of a 365-day year and the actual number of days elapsed in the period during which it accrues.

• The credit facility is denominated in British Pounds Sterling and is guaranteed by the Company.

• Whenever the acronym “GBP” or the “£” sign appears in this Agreement, they shall be construed to mean British Pounds Sterling and all transactions under this Agreement shall be in British Pounds Sterling.

• Interest on Eurocurrency Advances (other than Eurocurrency Advances denominated in British Pounds Sterling), commitment fees and LC Fees shall be calculated for actual days elapsed on the basis of a 360-day year; interest on Floating Rate Advances and Eurocurrency Advances denominated in British Pounds Sterling shall be calculated for actual days elapsed on the basis of a 365/366-day year.

• Notwithstanding anything to the contrary herein, each of the Lenders party to this Agreement as of the Closing Date acknowledge and agree that, as of the Closing Date, such Lender can make Revolving Credit Loans denominated in Canadian Dollars, Euro and British Pounds Sterling.

More Definitions of British Pounds Sterling

British Pounds Sterling means lawful money of the United Kingdom.

British Pounds Sterling means the lawful currency of the United Kingdom of Great Britain and Northern Ireland.

British Pounds Sterling or “£” means the legal currency of the United Kingdom.

British Pounds Sterling means the lawful money of The United Kingdom of Great Britain and Northern Ireland.

British Pounds Sterling or “£” means the legal currency of the United Kingdom. “Broadstone” means Broadstone Acquisition Corp., a Cayman Islands exempted company.

British Pounds Sterling and “Pounds Sterling”: the lawful currency of the United Kingdom of Great Britain and Northern Ireland.

British Pounds Sterling. STERLING" and "L" or any similar reference means the coin or currency of the United Kingdom that at the time of payment is legal tender for the payment of public and private debts.