Sterling definition
Examples of Sterling in a sentence
To the extent that any threshold in Section 3 is stated in United States dollars but is used in reference to an asset that is denominated in another currency (e.g., material contracts with payment obligations stated in Euros or Sterling), the Parties intend to apply the same exchange rate, with respect to any such currency, as used in the December 31, 2020 Financial Statements.
If no election as to the Type of Borrowing is specified, then the requested Borrowing shall be a Borrowing of Base Rate Loans (for Borrowings in U.S. Dollars under the U.S. Subfacility), European Base Rate Loans (for Borrowings in U.S. Dollars under the RoW Subfacility), Alternative Currency Daily Rate Loans (for Borrowings in Pounds Sterling) and Alternative Currency Term Rate Loans with an Interest Period of one month (for Borrowings in any other currency).
To the extent that any threshold in Section 3 is stated in United States dollars but is used in reference to an asset that is denominated in another currency (e.g., material contracts with payment obligations stated in Euros or Sterling), the Parties intend to apply the same exchange rate, with respect to any such currency, as used in the December 31, 2021 Financial Statements.
Subject to the terms of the Loan Facility Agreement, the Loan Facility Provider has agreed to make available to the Group Borrower a Sterling fixed rate loan facility in an aggregate amount equal to the Total Advance Amount.
If no election as to the Type of Borrowing is specified, then the requested Borrowing shall be a Borrowing of Base Rate Loans (for Borrowings in U.S. Dollars under the U.S. Subfacility), European Base Rate Loans (for Borrowings in U.S. Dollars under the RoW Subfacility), Alternative Currency Daily Rate Loans (for Borrowings in Sterling) and Alternative Currency Term Rate Loans with an Interest Period of one month (for Borrowings in any other currency).