Adjusted EURIBO Rate means, with respect to any EURIBOR Borrowing for any Interest Period, an interest rate per annum equal to the sum of (a) the EURIBO Rate for such Interest Period and (b) the Mandatory Costs Rate.
Adjusted EURIBO Rate means with respect to any Term Benchmark Borrowing denominated in Euro for any Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/100 of 1.00%) equal to the product of (a) the EURIBO Rate for Euros for such Interest Period multiplied by (b) the Statutory Reserve Rate; provided, that, if the Adjusted EURIBO Rate shall be less than zero (0.00%), such rate shall be deemed to be zero (0.00%) for purposes of this Agreement.
Adjusted EURIBO Rate means, with respect to any Eurocurrency Borrowing in Euros, for any Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/16 of 1%) equal to (a) the EURIBO Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate.
Examples of Adjusted EURIBO Rate in a sentence
The Administrative Agent and its affiliates or other related entities may engage in transactions that affect the calculation of the Alternate Base Rate, the Daily Simple RFR, Term SOFR, the CDO RateTerm XXXXX, the Adjusted EURIBO Rate, the AUD Rate or any alternative, successor or replacement rate (including any Benchmark Replacement) or any relevant adjustments thereto, in each case, in a manner adverse to the Borrower.
More Definitions of Adjusted EURIBO Rate
Adjusted EURIBO Rate with respect to any Term Benchmark Loan denominated in Euro for any Interest Period, a rate per annum equal to the EURIBOR Rate as in effect for such Interest Period plus the Applicable Margin for Term Benchmark Loans as in effect at such time.
Adjusted EURIBO Rate means, for the Interest Period for any Eurocurrency Borrowing denominated in Euros, an interest rate per annum (rounded upwards, if necessary, to the next 1/16 of 1%) equal to (a) the EURIBO Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate for such Interest Period; provided that if such rate shall be less than the Floor, the Adjusted EURIBO Rate shall be deemed to be equal to the Floor for the purposes of this Agreement.
Adjusted EURIBO Rate means, for any Interest Rate Determination Date with respect to an Interest Period for a EURIBOR Borrowing, the rate per annum equal to the EURIBO Rate for such Interest Period; provided that, if the Adjusted EURIBO Rate as so determined would be less than zero, such rate shall be deemed to be zero.
Adjusted EURIBO Rate means, with respect to any Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/16th of 1%) equal to (i) the EURIBO Rate for such Interest Period multiplied by (ii) the Reserve Requirement.
Adjusted EURIBO Rate means, with respect to any EURIBOR Borrowing for any Interest Period, an interest rate per annum equal to the sum of
Adjusted EURIBO Rate means, with respect to any EURIBOR Borrowing for any Interest Period, an interest rate per annum equal to (a) the EURIBO Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate.
Adjusted EURIBO Rate with respect to each day during each Interest Period pertaining to a Euro Loan, a rate per annum determined for such day in accordance with the following formula: EURIBO Rate 1.00 - Eurocurrency Reserve Requirements