Original Benchmark Rate definition
Original Benchmark Rate on any day means (subject to § 3(4)) the [1 / 3 / 6 / 12]-month Euro Interbank Offered Rate (expressed as a percentage rate per annum) fixed at, and appearing on the Screen Page as of, 11:00 a.m. (Brussels time) on such day.
Original Benchmark Rate on any day means the [insert applicable number of months]-month Euro Interbank Offered Rate (expressed as a percentage rate per annum) appearing on the Screen Page as of 11.00 a.m. (Brussels time) on the Interest Determination Date.
Original Benchmark Rate on any day means the [1 / 3 / 6 / 12]-months Euro Interbank Offered Rate (expressed as a percentage rate per annum) fixed at, and appearing on, the Screen Page as of 11:00
Examples of Original Benchmark Rate in a sentence
If this § 3(4) is to be applied on any Interest Determination Date, the Reference Rate applicable to the next and each subsequent Interest Period shall be the Original Benchmark Rate determined on the last preceding Interest Determination Date.
More Definitions of Original Benchmark Rate
Original Benchmark Rate means the mid swap rate for swap transactions in the Specified Currency with a term of
Original Benchmark Rate on any day means (subject to § 3(6)) the "[insert relevant Original Benchmark Rate]" (expressed as a percentage rate per annum) appearing on the Screen Page as of [11.00 a.m.] [12.00 noon] [insert other relevant time] (local time in [Brussels] [London] [Stockholm] [Tokyo]) on the Interest Determination Date.
Original Benchmark Rate on any day means (subject to § 3(d)) the [insert applicable number of months]-month Euro Interbank Offered Rate (expressed as a percentage rate per annum) fixed at, and appearing on the Screen Page as of 11.00
Original Benchmark Rate on any day means (subject to § 3(3)) the [insert applicable number of months]-months [Insert Specified Currency] London Interbank Offered Rate (expressed as a percentage rate per annum) appearing on the Screen Page as of 11:00 a.m. (London time) on the Interest Determination Date.
Original Benchmark Rate on any day means the rate for deposits in the Specified Currency for a period of the Designated Maturity which appears on the Screen Page as of 11:00 a.m. (London time) on such day.
Original Benchmark Rate on any day means (subject to § 3(d)) the [insert
Original Benchmark Rate means the annual swap rate which is fixed at 11:00 a.m. (Frankfurt time) and is expressed as a percentage per annum for Euro denominated swap transactions with a maturity of 5 years which appears on the Screen Page on the relevant Interest Determination Date at or around 11:00 a.m. (Frankfurt time).