Sterling Note definition
Examples of Sterling Note in a sentence
Each Dollar Note shall be held in an Authorised Dollar Holding, each Sterling Note shall be held in an Authorised Sterling Holding and each Euro Note shall be held in an Authorised Euro Holding.
The making, execution and delivery of this Amendment, the Revolving Credit Note and the Pound Sterling Note and performance of and compliance with the terms of the Loan Agreement as amended, have been duly authorized by all necessary corporate action by the Company.
This Amendment the Revolving Credit Note and the Pound Sterling Note are valid and binding obligations of the Company, enforceable against the Company in accordance with their terms.
Upon request, any Obligor (at its expense) shall execute and deliver a Note, Canadian Note or Sterling Note, as applicable, to the assignee Bank, Canadian Bank or UK Bank, as applicable.
If the optional Redemption Date is on or after an interest record date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will be paid to the Person in whose name the 2029 Sterling Note is registered at the close of business on such record date and no additional interest will be payable to Holders whose 2029 Sterling Notes will be subject to redemption by the Issuer.
If the optional Redemption Date is on or after an interest record date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will be paid to the Person in whose name the Sterling Note is registered at the close of business on such record date and no additional interest will be payable to Holders whose Sterling Notes will be subject to redemption by the Issuer.
If the optional Redemption Date is on or after an interest record date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will be paid to the Person in whose name the Sterling Note and/or the Dollar Note is registered at the close of business on such record date and no additional interest will be payable to Holders whose Notes will be subject to redemption.
If the optional Redemption Date is on or after an interest record date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will be paid to the Person in whose name the 2025 Sterling Note or Dollar Note is registered at the close of business on such record date and no additional interest will be payable to Holders whose 2025 Sterling Notes and/or Dollar Notes will be subject to redemption by the Issuer.
If that sterling amount is less than the sterling amount expressed to be due to the recipient under any Sterling Note, any Guarantee or to the Trustee, the Issuers and the Guarantors will indemnify them on a joint and several basis against any loss sustained by such recipient as a result.
Within the limits set forth herein and in the Sterling Note (as hereinafter defined) and the Dollar Note (as hereinafter defined), the Bank shall make Advances, accept payments and prepayments pursuant to the terms hereof and readvance any amount so paid or prepaid.