Common use of Shortened Interest Period Clause in Contracts

Shortened Interest Period. If paragraph (A) applies, but it is not possible to calculate the Interpolated Primary Term Rate, the Interest Period of that Term Rate Loan shall (if it is longer than the applicable Fallback Interest Period) be shortened to the applicable Fallback Interest Period and the applicable Term Reference Rate for that shortened Interest Period shall be determined pursuant to the definition of “Term Reference Rate”.

Appears in 1 contract

Samples: Agreement (Endava PLC)

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Shortened Interest Period. If paragraph (Aa) applies, above applies but it is not possible to calculate the relevant Interpolated Primary Term Rate, the Interest Period of that Term Rate the Loan shall (if it is longer than the applicable Fallback Interest Period) be shortened to the applicable Fallback Interest Period and the applicable Revolving Loan Term Reference Rate for that shortened Interest Period shall be determined pursuant to the definition of “Revolving Loan Term Reference Rate”.

Appears in 1 contract

Samples: Agreement (Cboe Global Markets, Inc.)

Shortened Interest Period. If paragraph (Aa) applies, above applies but it is not possible to calculate the Interpolated Primary Term Rate, the Interest Period of that Term Rate the Loan shall (if it is longer than the applicable Fallback Interest Period) be shortened to the applicable Fallback Interest Period and the applicable Term Reference Rate for that shortened Interest Period shall be determined pursuant to the definition of "Term Reference Rate".

Appears in 1 contract

Samples: mcsaatchiplc.com

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Shortened Interest Period. If paragraph (A) applies, Clause 11.1.1 above applies but it is not possible to calculate the Interpolated Primary Term Rate, the Interest Period of that Term Rate Loan shall (if it is longer than the applicable Fallback Interest Period) be shortened to the applicable Fallback Interest Period and the applicable Term Reference Rate for that shortened Interest Period shall be determined pursuant to the definition of “Term Reference Rate”.. 11.1.3

Appears in 1 contract

Samples: ICL Group Ltd.

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