EURIBOR definition

EURIBOR means, in relation to any Loan in euro:

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EURIBOR means the Euro-zone inter-bank offered rate.

EURIBOR when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Adjusted EURIBO Rate.

Examples of EURIBOR in a sentence

If the applicable Borrower shall not, in turn, before 11:00 a.m. on such date notify the Administrative Agent that a Notice of Borrowing with respect to such EURIBOR shall be converted to a Notice of Borrowing for a Base Rate Loan, such Notice of Borrowing shall be deemed to be canceled and of no force or effect, and no Borrower shall be liable to the Administrative Agent or any Lender with respect thereto except as set forth in Section 2.14.
Thereafter, the applicable Borrower may elect to convert a Borrowing denominated in Dollars to a different Type or to continue such Borrowing in its existing Type and, in the case of a SOFR Borrowing or a EURIBOR Borrowing, may elect Interest Periods therefor, all as provided in this Section.
Borrowings of more than one Type may be outstanding at the same time; provided, however, that no Borrower shall be entitled to request any Borrowing which, if made, would result in an aggregate of more than five separate SOFR Loans or more than five separate EURIBOR Loans of any Lender being made to the Borrowers and outstanding under this Agreement at any one time.
If any such Interest Election Request requests either a SOFR Borrowing or a EURIBOR Borrowing but does not specify an Interest Period, then the applicable Borrower shall be deemed to have selected an Interest Period of one month’s duration.
The Administrative Agent and its affiliates or other related entities may engage in transactions that affect the calculation of Base Rate, the Term SOFR Reference Rate, Term SOFR, EURIBOR, any alternative, successor or replacement rate (including any Benchmark Replacement) or any relevant adjustments thereto, in each case, in a manner adverse to the Borrowers.

More Definitions of EURIBOR

EURIBOR has the meaning specified in the definition of “Alternative Currency Term Rate”.

EURIBOR has the meaning specified in the definition of “Eurocurrency Rate”.

EURIBOR means the Euro Interbank Offered Rate.

EURIBOR means the Euro-Zone inter-bank offered rate.

EURIBOR means the Euro-zone interbank offered rate.

EURIBOR means, in respect of any specified currency and any specified period, the interest rate benchmark known as the Euro zone interbank offered rate.

EURIBOR means, in respect of any Interest Period, the Euro interbank offered rate for six-month deposits in Euro, expressed as a percentage per annum, that appears on the Relevant Rate Page at the customary publication time as specified by the Euribor benchmark administrator in the Euribor benchmark methodology, as reasonably determined by ADB for the relevant Interest Period;