Pounds Sterling Funding Capacity definition

Pounds Sterling Funding Capacity means, for any Lender, the ability of such Lender or an Affiliate or branch office thereof to fund UK Revolving Loans denominated in Pounds Sterling, as set forth in the records of Administrative Agent.
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Pounds Sterling Funding Capacity at any date of determination, for any Lender, the ability of such Lender to fund Revolving Credit Loans denominated in Pounds Sterling, as set forth in the records of Agent upon notification from such Lender from time to time.
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Examples of Pounds Sterling Funding Capacity in a sentence

  • Notwithstanding anything to the contrary contained herein, all Pounds Sterling Denominated Revolving Credit Loans shall be made solely by the Lenders with Pounds Sterling Funding Capacity.

  • Therefore, a root cause analysis is conducted in section 1.1.3 to understand why this decision-making process is complicated.

Related to Pounds Sterling Funding Capacity

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

  • Euro-Dollar Rate means a rate of interest determined pursuant to Section 2.07(b) on the basis of a London Interbank Offered Rate.

  • Euro-Dollar Reference Banks means the principal London offices of Bank of America National Trust and Savings Association, Mellon Bank, N.A., and Xxxxxx Guaranty Trust Company of New York, and "Euro-Dollar Reference Bank" means any one of the foregoing.

  • Alternative Currency Term Rate means, for any Interest Period, with respect to any Credit Extension:

  • Euro-Dollar Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • Base Currency Amount means, in relation to a Loan, the amount specified in the Utilisation Request delivered by a Borrower for that Loan (or, if the amount requested is not denominated in the Base Currency, that amount converted into the Base Currency at the Agent’s Spot Rate of Exchange on the date which is three Business Days before the Utilisation Date or, if later, on the date the Agent receives the Utilisation Request) adjusted to reflect any repayment or prepayment of the Loan.

  • Alternative Currency Term Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Term Rate.” All Alternative Currency Term Rate Loans must be denominated in an Alternative Currency.

  • Alternative Currency Daily Rate means, for any day, with respect to any Credit Extension:

  • Canadian Dollars means the lawful currency of Canada.

  • Alternative Currency Daily Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Daily Rate.” All Alternative Currency Daily Rate Loans must be denominated in an Alternative Currency.

  • Pound Sterling means the lawful currency of the United Kingdom.

  • Euro-Dollar Reserve Percentage has the meaning set forth in Section 2.06(c).

  • Dollars or $ means the lawful currency of the United States.

  • Australian Dollars means the lawful currency of Australia.

  • Party A Currency Amount In respect of each Party A Calculation Period, an amount in Dollars equal to the principal amount outstanding of the Relevant Notes on the first day of such Calculation Period (after taking into account any redemption on such day).

  • USD LIBOR means the London interbank offered rate for U.S. dollars.

  • Euros means the currency adopted by those nations participating in the third stage of the economic and monetary union provisions of the Treaty on European Union, signed at Maastricht on February 7, 1992.

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank with respect thereto and all respective Lenders of such Facility with respect thereto in their sole discretion and (ii) with respect to any Loan, any currency other than Dollars that is approved in accordance with Section 1.05.

  • Euro-Dollar Loan means a Committed Loan which bears interest at a Euro-Dollar Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.

  • Hong Kong Dollars means the lawful currency of Hong Kong.

  • Reference Bank Rate means the arithmetic mean of the rates (rounded upwards to four decimal places) supplied to the Administrative Agent at its request by the Reference Banks (as the case may be) as of the applicable time on the Quotation Day for Loans in the applicable currency and the applicable Interest Period as the rate at which the relevant Reference Bank could borrow funds in the London (or other applicable) interbank market in the relevant currency and for the relevant period, were it to do so by asking for and then accepting interbank offers in reasonable market size in that currency and for that period.

  • Canadian Dollar means the lawful currency of Canada.

  • Alternate Currency Loan means any Loan denominated in an Alternate Currency.

  • Initial Dollar Principal Amount means $1,000,000,000, or such higher amount as is specified in any Notice of Additional Issuance under Section 2.09 hereof.

  • USD-LIBOR-BBA As defined in the Swap Agreement in the Annex to the 2000 ISDA Definitions.

  • Euro-Dollar Borrowing has the meaning set forth in Section 1.3.