Guilders definition
Examples of Guilders in a sentence
The Purchase Price and any Damages referred to in Section 8.2 below shall be calculated and paid in Dutch Guilders and any reference to U.S. Dollars only shall be for purposes of convenience.
All sums to be advanced by the Banks to the Borrowers under this Agreement shall be remitted in Guilders or the relevant Optional Currency on the relevant Drawdown Date to the account of the Agent at such bank as the Agent may have notified to the Banks and shall be paid by the Agent on such date in like funds as are received by the Agent to the account of the relevant Borrower specified in the relevant Drawdown Notice.
The Borrowers may, without premium or penalty, prepay any Advance (in whole or in part provided that, in the case of part, the Guilder Amount of such part is a minimum of NLG 10,000,000 and, in the case of Advances made in Guilders, an integral multiple of NLG 10,000,000) at any time subject to the provisions of this clause 6.
The Guilder Amount of such Advance shall be the amount of Guilders (as determined by the Agent) which would be required to purchase the amount of such Optional Currency at the average of the spot rates of exchange quoted to the Agent by the Reference Banks to be ruling in the London Foreign Exchange Market for the purchase of such Optional Currency with Guilders on receipt of the relevant Drawdown Notice.
If an Advance is to be drawn down in Guilders, the Banks shall, subject to clause 3.2, advance to the relevant Borrower on drawdown of such Advance, the Guilder Amount of such Advance.
The maximum amount for which Parties are liable to each other is the lesser of: (a) the aggregate amount paid by the Purchaser to the Vendors as at the date that such liability for a Claim or Claims is finally determined; or (b) Ten Million Five Hundred Thousand (10,500,000) Guilders.
The "Currency" of a Loan refers to whether such Loan is to be made in U.S. Dollars, Dutch Guilders or Canadian Dollars, each of which constitutes a "Currency".
Unless otherwise indicated, all amounts referred to in this Agreement are stated in Netherlands Guilders and any payment required to be made hereunder shall be made by electronic transfer or any other method as agreed to from time to time by the Parties hereto that provides immediately available funds.
All interest and other payments of an annual nature under this Agreement shall accrue from day to day and be calculated on the basis of actual days elapsed and (in the case of Guilders) a 360 day year or (in the case of any optional currency) in accordance with standard London interbank market practice in respect of calculating the numbers of days comprising a year.
The Administrator agrees to make available to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a Grant in an amount of three million Netherlands Guilders (NLG 3,000,000).