EURIBOR definition

EURIBOR means the Euro-zone inter-bank offered rate.
EURIBOR means, in relation to any Loan in euro:
EURIBOR when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Adjusted EURIBO Rate.

Examples of EURIBOR in a sentence

  • If a Party fails to make payment of any amount when due under the Gas Transportation Agreement then interest on the amount shall accrue at a rate equal to EURIBOR (at the rate in force on the Day when the payment was due) plus three per cent (3%) per annum (to accrue daily and to be compounded annually) from the Day when the payment was due until the Day when the payment is made.


More Definitions of EURIBOR

EURIBOR means, in relation to any Loan:
EURIBOR has the meaning specified in the definition ofAlternative Currency Term Rate”.
EURIBOR has the meaning assigned thereto in the definition ofEurocurrency Rate”.
EURIBOR means the Euro-zone inter-bank offered rate;
EURIBOR means the Euro-zone interbank offered rate.
EURIBOR means, in respect of any Interest Period, the Euro interbank offered rate for six-month deposits in Euro, expressed as a percentage per annum, that appears on the Relevant Rate Page at the customary publication time as specified by the Euribor benchmark administrator in the Euribor benchmark methodology, as reasonably determined by ADB for the relevant Interest Period;