Applicable Index definition
Applicable Index means, with respect to (a) Dollar Advances, ▇▇▇▇ ▇▇▇▇, (b) with respect to GBP Advances, Adjusted Cumulative Compounded ▇▇▇▇▇, (c) with respect to Euro Advances, ▇▇▇▇▇▇▇, (d) with respect to CAD Advances, CDOR, and (e) with respect to AUD Advances, BBSW, or, in each case, any other successor index pursuant to the terms of this Agreement.
Applicable Index means “USISSO01 Index,” “USISSO02 Index,” “USISSO05 Index,” “USISSO10 Index,” “USISSO20 Index,” “USISSO30 Index,” and/or any other designation specified in the applicable supplement to be an “Applicable Index.”
Applicable Index means with respect to each Class of Notes (other than the Class A-IO Notes), One-Month LIBOR; provided, however, with respect to the initial Interest Period, the Applicable Index shall be determined by the following formula:
Examples of Applicable Index in a sentence
Upon notice thereof by the Administrative Agent to the Borrower, any obligation of the Lenders to make or maintain Advances with reference to Applicable Index (other than Adjusted Cumulative Compounded ▇▇▇▇▇) shall be suspended (to the extent of the affected Advances or affected Interest Accrual Periods) until the Administrative Agent (upon the instruction of the Required Lenders) revokes such notice (it being understood that the occurrence of any such event shall not require repayment of any Advances).
For the avoidance of doubt, this Section 2.12 shall not apply with respect to any Applicable Index during a Benchmark Unavailability Period with respect to such Applicable Index.
More Definitions of Applicable Index
Applicable Index means, (i) with respect to Broadly Syndicated Loan Assets, the S&P/LSTA U.S. Leveraged Loan 100 Index, and (ii) with respect to Middle Market Loan Assets, the S&P/LSTA Middle Market Leveraged Loan Index; or, if either such index is unavailable, such other recognized metric or determination method proposed by the Administrative Agent and consented to by the Servicer (such consent not to be unreasonably withheld).
Applicable Index means, (a) with respect to a LIBOR Transaction, LIBOR and (b) with respect to an Alternative Rate Transaction, the Alternative Rate.
Applicable Index for the Performance Period means the applicable index or the comparison group of peer companies selected by the Committee.
Applicable Index means, the Term SOFR Reference Rate or any other successor index pursuant to the terms of this Agreement.
Applicable Index means with respect to each Class of Notes (other than the Class A-IO Notes), One-Month LIBOR; provided, however, with respect to the initial Interest Period, the Applicable Index shall be determined by the following formula: X + 16/31*(Y-X) Where: X = Two-Month LIBOR, and Y = Three-Month LIBOR, in each case, as of the second Business Day before the start of the initial Interest Period.
Applicable Index means, with respect to (a) Dollar Advances, Term SOFR, (b) with respect to GBP Advances, Adjusted Cumulative Compounded SONIA, (c) with respect to Euro Advances, EURIBOR, (d) with respect to CAD Advances, CDOR, and (e) with respect to AUD Advances, BBSW, or, in each case, any other successor index pursuant to the terms of this Agreement.
Applicable Index shall have the meaning set forth in the Fee Letter.