Sterling definition
Examples of Sterling in a sentence
Such purchase and sale of a Pounds Sterling Participation shall be deemed to occur automatically upon the making of a Pounds Sterling Revolver Loan by Bank of America, without any further notice to any Participating Pounds Lender.
The agreement contained in this Section 2.9.5 shall survive payment in full of all Pounds Sterling Revolver Loans.
Notwithstanding anything to the contrary contained herein, all Pounds Sterling Revolver Loans shall be made solely by the Initial Revolver Lenders (other than the Participating Pounds Lenders), on a pro rata basis in accordance with the Applicable Percentage hereunder.
The Pounds Sterling Participation Fee in respect of any Unfunded Pounds Sterling Participation in a Pounds Sterling Revolver Loan shall be payable to Administrative Agent in Pounds Sterling when interest on such Pounds Sterling Revolver Loan is received by Bank of America.
Each Participating Pounds Lender’s Pounds Sterling Participation in the Pounds Sterling Revolver Loans (other than Agent Advances) shall be in an amount equal to its Pro Rata share of all such Pounds Sterling Revolver Loans.