Common use of Shortened Interest Period and Historic Screen Rate Clause in Contracts

Shortened Interest Period and Historic Screen Rate. If the Interest Period of a Loan is, after giving effect to paragraph (b) above, either the applicable Fallback Interest Period or shorter than the applicable Fallback Interest Period and, in either case, no Screen Rate is available for LIBOR or EURIBOR for the required currency or Interest Period of that Loan and it is not possible to calculate the Interpolated Screen Rate, then the applicable LIBOR or applicable EURIBOR shall be the Historic Screen Rate for a period equal in length to the Interest Period of that Loan.

Appears in 5 contracts

Samples: Amendment and Restatement Agreement (Liberty Global PLC), And Restatement Agreement (Liberty Global PLC), Additional Facility Accession Agreement (Liberty Global PLC)

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Shortened Interest Period and Historic Screen Rate. If the Interest Period of a the Loan is, after giving effect to paragraph (b) above, either the applicable Fallback Interest Period or shorter than the applicable Fallback Interest Period and, in either case, no Screen Rate is available for LIBOR or EURIBOR for the required currency or Interest Period of that Loan and it is not possible to calculate the Interpolated Screen Rate, then the applicable LIBOR or applicable EURIBOR shall be the Historic Screen Rate for a period equal in length to the Interest Period of that Loan.for: (i) USD; or

Appears in 2 contracts

Samples: Term Loan Facilities Agreement (DHT Holdings, Inc.), October 2015 (DHT Holdings, Inc.)

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Shortened Interest Period and Historic Screen Rate. If the Interest Period of a Loan is, after giving effect to paragraph (b) above, either the applicable Fallback Interest Period or shorter than the applicable Fallback Interest Period and, in either case, no Screen Rate is available for LIBOR or EURIBOR for the required currency or Interest Period of that Loan and it is not possible to calculate the Interpolated Screen Rate, then the applicable LIBOR or applicable EURIBOR shall be the Historic Screen Rate for a period equal in length to the Interest Period of that Loan.. 66 63140965_9

Appears in 1 contract

Samples: And Restatement Agreement (Liberty Global PLC)

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