BUBOR definition

BUBOR means the Budapest interbank offered rate.

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BUBOR means Budapest Interbank Offered Rate, a HUF reference rate regarded by the players of the interbank market as governing for specific periods among themselves;

BUBOR means the Budapest interbank offered rate specified as such in the Final Terms. “Business Day” means:

Examples of BUBOR in a sentence

• The interest payable to the Vendors on the Non-transferable Shareholders Loan shall be BUBOR + 2.25% p.a., except for the period from 1 July 2005 until full repayment, when the interest will be BUBOR + 5.25% p.a. The interest on the Non-transferable Shareholders Loan will be payable on the same day as the principals and on each interest payment date all the interest accrued until the interest payment date shall be paid.

• Unless otherwise provided for in the Agreement, in respect of Forced HUF Conversions the Bank applies 1 month’s BUBOR as an Interest Base, and the Margin is equivalent to the Margin set out in the Agreement.

• The interest payable to the Vendors on the Non-transferable Shareholders Loan shall be BUBOR + 2.25% p.a., except for the period from 1 July 2005 until full repayment, when the interest will be BUBOR + 5.25% p.

• The extent of such interest rate will depend on the reference interest rate (generally BUBOR, EURIBOR or LIBOR).

• The rate of interest applicable to each Advance from time to time during an Interest Period relating thereto shall be the rate per annum which is the sum of the Margin and, if the Advance is denominated in: (i) HUF, BUBOR; (ii) the Optional Currency, LIBOR; or (iii) in the case of a currency other than HUF or euro, EURIBOR, in each case on the Quotation Date therefor.

• Subject to clause 10.2 (Market disruption), if EURIBOR or BUBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable BUBOR or EURIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

• This latter one will depend on the periodically fixed reference rate (generally BUBOR, EURIBOR).

• The extent of such interest rate will depend on the reference interest rate (generally BUBOR, EURIBOR).

• This latter one will depend on the periodically fixed reference rate (generally BUBOR, EURIBOR or LIBOR).

More Definitions of BUBOR

BUBOR means, in respect of any Relevant Currency and any specified period, the interest benchmark known as the Budapest interbank offered rate;

BUBOR means in relation to any Loan in HUF:

BUBOR means Budapest Interbank Offered Rate, a HUF reference rate regarded by the players of the interbank

BUBOR means the arithmetic mean (rounded upwards, if not already such a multiple, to the nearest whole multiple of one-sixteenth of one per cent. (0.0625%)) of the rates (as notified to the Facility Agent) at which each of the Reference Banks was offering to prime banks in Budapest Interbank Market deposits in HUF and for such period at or about 11.00 a.m. (Budapest time) on the Quotation Date for such period for which interest is to accrue.

BUBOR means, in relation to any Loan or Unpaid Sum denominated in forints:

BUBOR means the Budapest Interbank Offered Rate. According to the BUBOR Regulations, BUBOR means the annual interest rate calculated for interbank HUF loans in respect of each Interest Rate Period or interest-bearing period which is set by the National Bank of Hungary in respect of the given Interest Rate Period on the day when the transactional interest rate is established, and is also published on the “BUBOR” site of the Reuters’ Monitor. In the event of its cessation or temporary suspension, the Bank’s unilateral announcement applies in respect of the extent of the transactional interest rate.