Successor Benchmark Rate definition

Successor Benchmark Rate means a successor to or replacement of the Original Benchmark Rate which is formally recommended by any Relevant Nominating Body.
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Successor Benchmark Rate shall have the meaning provided in Section 2.10(d).
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Successor Benchmark Rate means a suc- cessor to or replacement of the Original Benchmark Rate which is formally recom- mended by any Relevant Nominating Body.
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Examples of Successor Benchmark Rate in a sentence

  • Notwithstanding anything else herein, any Successor Benchmark Rate shall provide that in no event shall such Successor Benchmark Rate be less than zero for purposes of this Agreement.

  • Falls der Unabhängige Berater nach billigem Ermessen feststellt,(iii) Successor Benchmark Rate or Alternative Benchmark Rate.

  • Notwithstanding anything herein to the contrary, any Successor Benchmark Rate shall provide that if such rate is less than zero, such rate shall be zero for all purposes of this Agreement.

  • Falls der Unabhängige Berater nach billigem Ermessen feststellt, (iii) Successor Benchmark Rate or Alter- native Benchmark Rate.

  • A modifier applied to a Successor Benchmark Rate or other benchmark rate in order to cause such rate to be comparable to three-month LIBOR, which may include an addition to or subtraction from such unadjusted rate.


More Definitions of Successor Benchmark Rate

Successor Benchmark Rate has the meaning set forth in the definition of “Eurocurrency Rate.”
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Successor Benchmark Rate has the meaning assigned to such term in Section 2.14(b).
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Successor Benchmark Rate means a successor to or replacement of the Original Benchmark Rate which is for- mally recommended by the Relevant Nominating Body.
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Successor Benchmark Rate has the meaning specified in Section 2.08(g).
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Successor Benchmark Rate means a successor to or replacement of the Origi- nal Benchmark Rate which is formally recommended by any Relevant Nominat- ing Body.
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Successor Benchmark Rate means an industry benchmark rate that is comparable to LIBOR and generally accepted in the financial markets as the sole or predominant replacement benchmark to LIBOR.
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Successor Benchmark Rate as defined in Section 1.6.
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