Currency of Account and Payment. Except where specified otherwise, Sterling is the currency of account and payment for each and every sum at any time due from one Transaction Party to another under the Issuer Documents, except that each payment in respect of costs and expenses in respect of an Issuer Document shall be made in the currency in which the same were incurred.
Appears in 3 contracts
Sources: Issuer Master Framework Agreement, Issuer Master Framework Agreement, Issuer Master Framework Agreement
Currency of Account and Payment. Except where specified otherwise, Sterling is the currency of account and payment for each and every sum at any time due from one Transaction Party to another under the Issuer Documents, except that each payment in respect of costs and expenses in respect of an Issuer a Document shall be made in the currency in which the same were incurred.
Appears in 3 contracts
Sources: Issuer Master Framework Agreement, Securities Agreement (Turquoise Receivables Trustee LTD), Master Framework Agreement (Arran Funding LTD)
Currency of Account and Payment. Except where specified otherwiseotherwise specified, Sterling is the currency of account and payment for each and every sum at any time due from one Transaction Party to another under the Issuer Transaction Documents, except that each payment in respect of costs and expenses in respect of an Issuer a Transaction Document shall be made in the currency in which the same were incurred.
Appears in 1 contract
Sources: Incorporated Terms Memorandum (Apollo Commercial Real Estate Finance, Inc.)