Adjusted EURIBO Rate definition

Adjusted EURIBO Rate means, with respect to any EURIBOR Borrowing for any Interest Period, an interest rate per annum equal to the sum of (a) the EURIBO Rate for such Interest Period and (b) the Mandatory Costs Rate.

Adjusted EURIBO Rate means with respect to any Term Benchmark Borrowing denominated in Euro for any Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/100 of 1.00%) equal to the product of (a) the EURIBO Rate for Euros for such Interest Period multiplied by (b) the Statutory Reserve Rate; provided, that, if the Adjusted EURIBO Rate shall be less than zero (0.00%), such rate shall be deemed to be zero (0.00%) for purposes of this Agreement.

Adjusted EURIBO Rate means, with respect to any Eurocurrency Borrowing in Euros, for any Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/16 of 1%) equal to (a) the EURIBO Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate.

Examples of Adjusted EURIBO Rate in a sentence

• Hence, we can say that the difference Rr R increases with the concentration of the character and with the wideness of the classes the intensities of the character are grouped in.However, in practice, when one has ten classes, whose wideness are not too much different one from the other, Rr can be considered a sufficiently accurate approximation of R.

• The applicable Alternate Base Rate, Adjusted LIBO Rate or Adjusted EURIBO Rate shall be determined by the Administrative Agent, and such determination shall be conclusive absent manifest error.

• The applicable Alternate Base Rate, Adjusted LIBO Rate, LIBO Rate, Adjusted EURIBO Rate or EURIBO Rate shall be determined by the Administrative Agent, and such determination shall be conclusive absent manifest error.

• The maturity date of the Revolver is November 1, 2025.The interest rate is either (i) the Adjusted LIBOR or Adjusted EURIBO Rate (each as defined in the Revolver) plus 3.0% or (ii) the Alternate Base Rate (as defined in the Revolver) plus 2.0% (subject to customary LIBOR replacement provisions and alternative benchmark rates including customary spread adjustments with respect to borrowings in foreign currency), at the option of Fluence Energy, LLC.

More Definitions of Adjusted EURIBO Rate

Adjusted EURIBO Rate means, with respect to any Eurocurrency Borrowing denominated in Euro for any Interest Period, an interest rate per annum equal to (a) the EURIBO Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate.

Adjusted EURIBO Rate with respect to any Term Benchmark Loan denominated in Euro for any Interest Period, a rate per annum equal to the EURIBOR Rate as in effect for such Interest Period plus the Applicable Margin for Term Benchmark Loans as in effect at such time.

Adjusted EURIBO Rate means, with respect to any Borrowing for any Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/100 of 1%) equal to (a) the EURIBO Rate for such Interest Period MULTIPLIED by (b) the Statutory Reserve Rate.

Adjusted EURIBO Rate means, with respect to any EURIBOR Borrowing for any Interest Period, an interest rate per annum equal to the higher of (a) the EURIBO Rate in effect for such Interest Period and (b) 0.00% per annum. WEIL:\98244946\6\34471.0013 AMERICAS 109594622 WEIL:\96480003\20\34471.0013

Adjusted EURIBO Rate for any Interest Period for any Euro Loan, an interest rate per annum (rounded upwards, if necessary, to the nearest 1/100th of 1%) equal to (a) the EURIBO Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate for such Interest Period.

Adjusted EURIBO Rate means, with respect to any EURIBOR Borrowing for any Interest Period, an interest

Adjusted EURIBO Rate means, for any Interest Rate Determination Date with respect to an Interest Period for a EURIBOR Borrowing, the rate per annum equal to the EURIBO Rate for such Interest Period; provided that, if the Adjusted EURIBO Rate as so determined would be less than zero, such rate shall be deemed to be zero.