Examples of Currency in a sentence
All payments of principal of, interest on, and other amounts relating to, Advances denominated in a Committed Currency shall be made by the applicable Borrower, without setoff, deduction or counterclaim, in immediately available funds to the Administrative Agent at the Payment Office for such Committed Currency, by 12:00 p.m. (New York time) on the date when due in the applicable Committed Currency and shall be applied ratably by the Administrative Agent among the Lenders entitled to such payments.
If this Note is one of a Series as to which the Company has a one-time option, exercisable on any one of the dates specified in the applicable Pricing Supplement, of thereafter making all payments of principal, premium, if any, and interest (which payments would otherwise be made in the Specified Currency) in the optional currency specified in the applicable Pricing Supplement, then this Note is a Dual Currency Note.
It is also a Note in respect of which principal or interest or both is or may be payable in one or more Specified Currencies other than the Specified Currency in which it is denominated (a “Dual Currency Note”) if the applicable Pricing Supplement so indicates.
This Global Registered Note has been issued on the Issue Date in the principal amount of [ ] ([amount in words]) (the “Principal Amount”) and with the Specified Currency, Issue Date, Maturity Date, redemption and other provisions specified in the Pricing Supplement, and bearing interest on said Principal Amount at the rate of interest specified in the Pricing Supplement.
The applicable Pricing Supplement relating to this Note shall specify, among other things, the Specified Currency, the optional payment currency, the designated exchange rate, the option election dates and the Interest Payment Dates for the Notes of the Series of which this Note is a part.