Sterling definition
Examples of Sterling in a sentence
Sterling Term A Advances which are repaid or prepaid may not be reborrowed.
The Sterling Term A Borrowing shall consist of Sterling Term A Advances made simultaneously by the Sterling Term A Lenders in accordance with their respective Ratable Share of the Sterling Term A Facility.
Subject to the terms and conditions set forth herein, each Sterling Term A Lender severally agrees to make a single Alternative Currency Daily Rate Advance to the Sterling Borrower on the Closing Date, denominated in Sterling, in an amount not to exceed such Sterling Term A Lender’s respective Sterling Term A Commitment, as set forth on Schedule I.
For the avoidance of doubt, all “Alternative Currency Daily Rate Advances” denominated in Sterling outstanding immediately prior to the Closing Date under the Existing Credit Agreement will be exchanged, subject to the terms and conditions set forth herein, for a like principal amount of Alternative Currency Daily Rate Advances on the Closing Date, as set forth on Schedule I.