Common use of Reference Bank Rate Clause in Contracts

Reference Bank Rate. If no Screen Rate is available for JIBAR for (i) ZAR or (ii) an Interest Period of a Loan and it is not possible to calculate the Interpolated Screen Rate, the applicable JIBAR shall be the Reference Bank Rate as of the Specified Time and for a period equal in length to such Interest Period of that Loan.

Appears in 1 contract

Sources: Revolving Credit Facility Agreement (Sibanye Stillwater LTD)

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

Appears in 1 contract

Sources: Revolving Credit Facility Agreement (Karooooo Ltd.)

Reference Bank Rate. If no Screen Rate is available for JIBAR for (i) ZAR or (ii) an the Interest Period of a Loan and it is not possible to calculate the Interpolated Screen Rate, the applicable JIBAR shall be the Reference Bank Rate as of the Specified Time and for a period equal in length to such the Interest Period of that Loan.

Appears in 1 contract

Sources: Common Terms Agreement (Sedibelo Resources LTD)