ROBOR definition

ROBOR means Romanian Interbank Offered Rate For the DKK currency:

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ROBOR means the Romanian interbank offered rate specified as such in the Final Terms. “Second Reset Date” means the date specified in the relevant Final Terms.

ROBOR means, with respect to any financing in ▇▇▇, the applicable Displayed Rate. If the applicable Displayed Rate is less than zero, the value of ROBOR shall be deemed to be zero.

Examples of ROBOR in a sentence

• For instance, the evolution of exchange rate, the evolution of reference ratios such as ROBOR, EURIBOR or LIBOR or other unpredictable events at the signing moment of the Contractual Documentation which could cause depreciation of your assets value or income or could increase the costs You have to bear, including costs derived from the Contractual Documentation.

• For example, the evolution of the exchange rate, the evolution of the reference indicators, such as ROBOR, EURIBOR or LIBOR, or other events that are unforeseeable at the moment of execution of the Contractual Documentation and that may cause depreciations of the value of Your assets or incomes, or increases of the costs You must bear, including costs arising from the Contractual Documentation.

• Index of Reference shall represent the index used as basis of reference to determine the interests to be applied and which is obtained from a public source that can be verified by the Customer and by BCR (such as ROBOR, EURIBOR or another index determined in the Contractual Documentation).

• In the case of Exempt Notes which are also Floating Rate Notes where the applicable Pricing Supplement identifies that Screen Rate Determination applies to the calculation of interest, if the Reference Rate from time to time is specified in the applicable Pricing Supplement as being other than LIBOR, EURIBOR or ROBOR, the Rate of Interest in respect of such Exempt Notes will be determined as provided in the applicable Pricing Supplement.

More Definitions of ROBOR

ROBOR means the interest rate benchmark known as the Romanian Interbank Offered Rate, which is currently provided by the NBR;

ROBOR means, with respect to any financing in RON, the applicable Screen Rate. If the applicable Screen Rate is less than zero, the value of ROBOR shall be deemed to be zero.

ROBOR means Romanian Interbank Offered Rate

ROBOR means,in relation to any Credit Facility in ▇▇▇: (a)the applicable Screen Rate; or (b)(if no Screen Rate is available for that interest period)the arithmetic mean of rtahtees (rounded upwards to four decimal places)as supplied to the Bank at its request and quoted by the Reference Banks to leading banks in the Romanian interbank market, in both cases,on theQuotationDate for the offering of deposits in the ▇▇▇ and afopr eriod comparable to that interest period.If any of the rates applicable as per the above is less than zero,the value of ROBOR shall be deemed to be zero. Letter of Comfort means the letter of comfort issueDd W W K H %R U U R Z H U ¶ V U HLiTmXit tHypVe WoveErdrDafVt, H G R Q credit line, Multiproduct Facility or other productb,ased on which the Bank makes an irrevocable and autonomous commitment to do or not to do something, in order to support the Borrofwoer rt,he performanceof %R U U R Z H U ¶ V obligationstowards the Beneficiary of thletter of comfor.t Sublimit means,for a Multiproduct Facility made available to several Borrowersa,tmheountallocated to one Borrower from the Multiproduct Facility Limit which provides for more than one Borrower,fromcwhhsiuch Borrower can make utilisations under the form of Credit Facilities,if sublimits have been established under the Credit Facility Agreement. Subceilingmeans,for a Multiproduct Facility,thevalue of the Credit Facility type overdraft corredit line orobject loan for financing the current activity facilitoyr of another producint cluded in the MultiproducFt acility Limit. Business Daymeans a day (other than a Saturday or a Sunday and the legal holidays)on which banks are opened for general busniess in Bucharest.

ROBOR means in relation to any Class of Notes: