Currency of Account and Payment. Unless otherwise 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 Transaction Documents, provided that each payment in respect of costs and expenses in respect of a Transaction Document shall be made in the currency in which the same were incurred.
Appears in 3 contracts
Sources: Master Framework Agreement, Master Framework Agreement (Arran Funding LTD), Master Framework Agreement (Arran Funding LTD)
Currency of Account and Payment. Unless otherwise 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 Transaction Documentsan Obligor hereunder, provided that PROVIDED THAT:
26.1.1 each payment in respect of costs and expenses in respect of a Transaction Document shall be made in the currency in which the same were incurred.; and
Appears in 2 contracts
Sources: Credit Agreement (NTL Delaware Inc), Credit Agreement (NTL Inc/De/)
Currency of Account and Payment. Unless otherwise specified, Sterling is the currency of account and payment for each and every sum at any time due from one Transaction Party to another the Borrower under the Transaction Documents, provided that each payment in respect of costs and expenses in respect of a Transaction Document shall be made in the currency in which the same were incurred.this Agreement Provided that:
Appears in 1 contract
Sources: Multicurrency Credit Facilities Agreement (Gt Bicycles Inc)
Currency of Account and Payment. Unless otherwise specified, Sterling is the currency of account and payment for each and every sum all sums at any time due from one Transaction Party to another the Borrower under or in connection with any of the Transaction Documents, Finance Documents (including damages) provided that (i) each payment in respect of costs and expenses in respect repayment of a Transaction Document shall be made in the currency in which the same were incurred.Loan or a part
Appears in 1 contract
Sources: Syndicated Credit Agreement (Bell Microproducts Inc)