Reference AUD LIBOR definition

Reference AUD LIBOR means the AUD LIBOR as recorded on the Fixing Date, and to be applied on each Calculation Date in the Individual Purchase Price formula, in accordance with the following table: For the purpose of calculating the Individual Purchase Price determined pursuant to Schedule 4 (Calculation of the Purchase Price) of this Agreement, the Reference AUD LIBOR shall not in any event be less than 0%. In this regard, the Parties expressly agree and acknowledge that should the Reference AUD LIBOR be less than 0%, it shall be deemed to be equal to 0%.
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Related to Reference AUD LIBOR

  • USD LIBOR means the London interbank offered rate for U.S. dollars.

  • Adjusted LIBOR means, for any Borrowing of Eurodollar Loans, a rate per annum determined in accordance with the following formula: Adjusted LIBOR = LIBOR

  • Adjusted LIBOR Rate means, at any time with respect to any LIBOR Loan, a rate per annum equal to the LIBOR Rate as in effect at such time plus the Applicable Margin Percentage for LIBOR Loans as in effect at such time.

  • Alternative Reference Rate means the rate that the Independent Adviser or the Issuer (as applicable) determines has replaced the relevant Reference Rate in customary market usage in the international debt capital markets for the purposes of determining rates of interest in respect of bonds denominated in the Specified Currency and of a comparable duration to the relevant Interest Period, or, if the Independent Adviser or the Issuer (as applicable) determines that there is no such rate, such other rate as the Independent Adviser or the Issuer (as applicable) determines in its discretion (acting in good faith) is most comparable to the relevant Reference Rate;

  • Adjusted LIBO Rate means, with respect to any Eurodollar Borrowing for any Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/100 of 1%) equal to (a) the LIBO Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate.