EURIBOR Determination Date definition

EURIBOR Determination Date means, for each accrual period, the day that is two Settlement Days before the beginning of that accrual period.

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EURIBOR Determination Date means, for each Accrual Period, the day that is two EURIBOR Settlement Days before the beginning of that Accrual Period.

EURIBOR Determination Date means the second TARGET2 Business Day preceding the applicable Reset Date, unless EURIBOR is determined in accordance with paragraph (3) above, in which case it means the applicable Reset Date.

Examples of EURIBOR Determination Date in a sentence

The Calculation Agent will also specify to the Company the quotations upon which the foregoing rates and amounts are based and, in any event, the Calculation Agent shall notify the Company before 5:00 p.m. (London time) on each EURIBOR Determination Date that either: (i) it has determined or is in the process of determining the foregoing rates and amounts or (ii) it has not determined and is not in the process of determining the foregoing rates and amounts, together with its reasons therefor.
If such rate does not appear on Telerate Page 248, the rate for that EURIBOR Determination Date shall be determined on the basis of the rates at which deposits in Euros are offered by the Euro Reference Banks at approximately 11:00 a.m., Brussels time, on that day to prime banks in the Euro-zone interbank market for a three-month period (or, following an Acceleration Event, for a one-month period).
If at least two such quotations are provided, the rate for that EURIBOR Determination Date shall be the arithmetic mean of the quotations.
If fewer than two quotations are provided as requested, the rate for that EURIBOR Determination Date will be the arithmetic mean of the rates quoted by major banks in the Euro-zone, selected by the Beneficiary, at approximately 11:00 a.m., Brussels time, on that day for loans in Euros to leading European banks for a three-month period (or, following an Acceleration Event, for a one-month period).
The Base Rate shall be determined on each EURIBOR Determination Date, provided that with respect to the first Interest Period, the Base Rate shall be determined 3 Business Days before the date in which the first Loan is paid to the Borrower under this Agreement.

More Definitions of EURIBOR Determination Date

EURIBOR Determination Date. The second TARGET2 Business Day preceding the applicable Reset Date, unless EURIBOR is determined in accordance with Section 2.07(i)(J)(3), in which case it means the applicable Reset Date.

EURIBOR Determination Date. ' means the second TARGET Business Day preceding the applicable Reset Date, unless EURIBOR is determined in accordance with paragraph

EURIBOR Determination Date. The second TARGET Business Day preceding the applicable Reset Date, unless EURIBOR is determined in accordance with Section 2.07(i)(J)(iii), in which case it means the applicable Reset Date. EUR-LIBOR: The daily average of the London interbank offered rates for Deposits in euros having the Index Maturity, as determined by the Calculation Agent in accordance with Section 2.07(i)(I) or as provided in the applicable Supplemental Agreement.

EURIBOR Determination Date has the meaning specified in Schedule A.

EURIBOR Determination Date means the second TARGET 2 Settlement Day (being a day on which the Trans- European Automated Real-Time Gross Settlement Express Transfer (TARGET 2) System launched on 19 November 2007 is open for settlement of payment in euro) immediately preceding the commencement of the relevant Interest Period for which the interest amount will apply;

EURIBOR Determination Date means the second TARGET Business Day before the applicable Reset Date, unless EURIBOR is determined under paragraph (3) above, in which case it means the applicable Reset Date.

EURIBOR Determination Date means the second TARGET