Impacted Interest Period definition

Impacted Interest Period has the meaning assigned to such term in the definition ofLIBO Rate”.
Impacted Interest Period has the meaning assigned to such term in the definition ofEurocurrency Rate”.
Impacted Interest Period as defined in the definition ofEurodollar Base Rate”.

Examples of Impacted Interest Period in a sentence

  • Period; and (b) the LIBOR Screen Rate for the shortest period (for which that Screen Rate is available for Dollars) that exceeds the Impacted Interest Period, in each case, at such time.


More Definitions of Impacted Interest Period

Impacted Interest Period has the meaning given to that term in the definition ofLIBOR Base Rate” in this Section 1.1.
Impacted Interest Period has the meaning specified in the definition of “LIBOR”.
Impacted Interest Period means, with respect to a LIBOR Screen Rate, an Interest Period which shall not be available at the applicable time.
Impacted Interest Period any Interest Period for which the applicable rate or screen used to determine the applicable rate (the “Applicable Screen Rate”) shall not be available at the applicable time for such Interest Period.
Impacted Interest Period means, with respect to a LIBOR Screen Rate or a Local Screen Rate, as applicable, an Interest Period which shall not be available at the applicable time.
Impacted Interest Period has the meaning set forth in the definition of LIBO Rate. “Incremental Equivalent Debt” means any Indebtedness incurred by a Loan Party in the form of one or more series of secured or unsecured bonds, debentures, notes or similar instruments (including “mezzanine” debt and bridge loans) or term loans; provided that (a) if such Indebtedness is secured, (i) such Indebtedness shall be secured by the Collateral on a pari passu or junior basis to the Initial Term Loans (but, in each case, without regard to the control of remedies) and shall not be secured by any property or assets of any Group Member other than the Collateral and (ii) a representative, trustee, collateral agent, security agent or similar Person acting on behalf of the holders of such Indebtedness shall have become party to an intercreditor agreement reasonably satisfactory to the Administrative Agent, (b) such Indebtedness does not mature earlier than the date that is 91 days after the Latest Maturity Date then in effect at the time of incurrence thereof and has a weighted average life to maturity no shorter than the Facility of Term Loans with the Latest Maturity Date in effect at the time of incurrence of such Indebtedness, (c) such Indebtedness contains mandatory prepayment and redemption terms, covenants and events of default that are either (x) customary for similar Indebtedness in light of then-prevailing market conditions (it being understood and agreed that such Indebtedness shall include financial maintenance covenants only to the extent any such financial maintenance covenant is (i) applicable only to periods after the Latest Maturity Date then in effect at the time of incurrence thereof or (ii) included in or added to the Loan Documents for the benefit of the Lenders) or (y) when taken as a whole (other than interest rates, rate floors, fees and optional prepayment or redemption terms), are not materially more favorable to the lenders or investors providing such Incremental Equivalent Debt, as the case may be, than those set forth in the Loan Documents are with respect to the Lenders (other than covenants or other provisions applicable only to periods after the Latest Maturity Date then in effect at the time of incurrence thereof or that are included in or added to the Loan Documents for the benefit of 27 0000-0000-0000 v.2
Impacted Interest Period has the meaning set forth in the definition ofInterbank Offered Rate”.