Relevant Screen Rate definition

Relevant Screen Rate means (a) with respect to any Eurocurrency Borrowing denominated in CAD, the CAD Screen Rate, (b) with respect to any Eurocurrency Borrowing denominated in Euros, the EURIBO Screen Rate and (c) with respect to any Eurocurrency Borrowing denominated in AUD, the AUD Screen Rate.

Relevant Screen Rate means, in relation to a Series of Securities, the relevant screen rate set out in the Issue Terms where Screen Rate Determination is specified as applicable.

Relevant Screen Rate means, (i) with respect to any Term Benchmark Borrowing denominated in Dollars, the Term SOFR Reference Rate and (ii) with respect to any Term Benchmark Borrowing denominated in Canadian Dollars, the CDOR Screen Rate.

Examples of Relevant Screen Rate in a sentence

• If the Relevant Screen Rate is unavailable, the Agent Bank will request the principal London office of each of the Reference Banks to provide the Agent Bank with its offered quotation to leading banks for the relevant Quotation Deposits for the relevant Quotation Period in the relevant Quotation Market as at or about the relevant Quotation Time on such Interest Determination Date.

• If the Relevant Screen Rate is unavailable, the Agent Bank will request the principal London office of each of the Reference Banks to provide the Agent Bank with its offered quotation to leading banks for, as applicable, one-month or three-month Dollar deposits of $10,000,000 in the London interbank market as at or about 11.00 a.m. (London time) on the relevant Dollar Interest Determination Date.

• The Term Advance Rates of Interest for the first Interest Period shall be the aggregate of (a) the Relevant Margin and (b) the Initial Relevant Screen Rate or, if the Initial Relevant Screen Rate is unavailable, the linear interpolation of the arithmetic mean of such offered quotations for two-month sterling deposits and the arithmetic mean of such offered quotations for three-month sterling deposits (rounded upwards, if necessary, to five decimal places).

• On each Interest Determination Date in relation to such Class, the Agent Bank will determine the Relevant Screen Rate in respect of such Class as at or about the Quotation Time for such Class.

• If the Relevant Screen Rate is unavailable, the Agent Bank will request the principal London office of each of the Reference Banks to provide the Agent Bank with its offered quotation to prime banks for three-month Euro deposits of €10,000,000 in the Eurozone interbank market as at or about 11.00 a.m. (Brussels time) on the relevant Euro Interest Determination Date.

More Definitions of Relevant Screen Rate

Relevant Screen Rate means (a) with respect to any Borrowing denominated in Dollars, the Term SOFR Screen Rate, (b) with respect to any Borrowing denominated in CAD, the CAD Screen Rate, (c) with respect to any Borrowing denominated in Euros, the EURIBO Screen Rate, (d) with respect to any Borrowing denominated in AUD, the AUD Screen Rate, (e) with respect to any Borrowing denominated in JPY, the TIBOR Screen Rate, (f) with respect to any Borrowing denominated in SEK, the XXXXXX Screen Rate and (g) with respect to any Borrowing denominated in NZD, the BKBM Screen Rate.

Relevant Screen Rate means with respect to any Eurodollar Rate Borrowing, the LIBOR Screen Rate.

Relevant Screen Rate means, in respect of a Loan Tranche:

Relevant Screen Rate with respect to any Term Benchmark Borrowing denominated in Dollars, the Term SOFR Reference Rate.

Relevant Screen Rate means (i) with respect to any Eurodollar Borrowing, the LIBO Screen Rate or (ii) with respect to any CDOR Borrowing, the CDOR Screen Rate.

Relevant Screen Rate. ’ means (i) in respect of the Sterling Notes, the arithmetic mean of the offered quotations to leading banks for three-month Sterling deposits in the London inter-bank market, (ii) in respect of the Euro Notes, the arithmetic mean of the offered quotations to leading banks for three-month euro deposits in the Euro-zone inter-bank market, and (iii) in respect of the

Relevant Screen Rate. Three-month Sterling LIBOR (or, in respect of the first Interest Period, the linear interpolation of two-month Sterling IBOR and three-month Sterling LIBOR)