Common use of Reference Bank Rate Clause in Contracts

Reference Bank Rate. If no Screen Rate is available for EURIBOR for: (i) the currency of a Promissory Certificate; or (ii) the Interest Period of a Promissory Certificate and it is not possible to calculate the Interpolated Screen Rate, the applicable EURIBOR shall be the Reference Bank Rate as of the Specified Time for the currency of that Promissory Certificate and for a period equal in length to the Interest Period of that Promissory Certificate.

Appears in 1 contract

Sources: First Amendment Agreement to the Subscription Agreement (Radius Global Infrastructure, Inc.)

Reference Bank Rate. If no Screen Rate is available for EURIBOR for: (i) the currency of a Promissory Certificate; or (ii) for the Interest Period of a Promissory Certificate Loan or Unpaid Sum and it is not possible to calculate the Interpolated Screen Rate, the applicable EURIBOR shall (subject to Clause 10.2 below) be the Reference Bank Rate as of the Specified Time for the currency of that Promissory Certificate and for a period equal in length to the Interest Period of that Promissory CertificateLoan or Unpaid Sum.

Appears in 1 contract

Sources: Facilities Agreement (Elbit Imaging LTD)