Fallback Interest Period definition

Fallback Interest Period means one month.

Fallback Interest Period means a period of one week;

Fallback Interest Period means one Month.

Examples of Fallback Interest Period in a sentence

• If no Term SOFR is available for the Interest Period of the Loan or any part of the Loan and it is not possible to calculate the Interpolated Term SOFR, the Interest Period of the Loan or any part of the Loan shall (if it is longer than the applicable Fallback Interest Period) be shortened to the applicable Fallback Interest Period and the applicable Term SOFR Reference Rate for that shortened Interest Period shall be determined pursuant to the definition of "Term SOFR Reference Rate".

More Definitions of Fallback Interest Period

Fallback Interest Period means one (1) week; “FATCA” means;

Fallback Interest Period means the period specified as such in the applicable Reference Rate Terms.

Fallback Interest Period means three (3) months.

Fallback Interest Period means one month. “FATCA” means:

Fallback Interest Period means the period specified as such in the applicable SOFR Rate Terms.

Fallback Interest Period means one week. “FATCA”: means

Fallback Interest Period. One month Market Disruption Rate: The percentage rate per annum which is the aggregate of the Term SOFR Reference Rate and the applicable Credit Adjustment Spread.