Term Reference Rate definition

Term Reference Rate means, in relation to a Term Rate Loan:

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Term Reference Rate means in relation to any USD Term Rate Note, the aggregate of:

Term Reference Rate means, in relation to a Term Rate Note:

Examples of Term Reference Rate in a sentence

• If clause 11.1(e) applies but no Alternative Term Rate is available for the Interest Period of that Loan, the applicable Term Reference Rate shall be the aggregate of: (i) the Interpolated Alternative Term Rate for a period equal in length to the Interest Period of that Loan; and (ii) any applicable Alternative Term Rate Adjustment.

• If clause 11.1(d) applies but it is not possible to calculate the Interpolated Historic Primary Term Rate, the Interest Period of that Loan shall, if it has been shortened pursuant to clause 11.1(b), revert to its previous length and the applicable Term Reference Rate shall be the aggregate of: (i) the Alternative Term Rate as of the Quotation Time for a period equal in length to the Interest Period of that Loan; and (ii) any applicable Alternative Term Rate Adjustment.

More Definitions of Term Reference Rate

Term Reference Rate means LIBOR. “Termination Date”: means, in relation to:

Term Reference Rate means, in relation to a Loan the applicable Primary Term Rate as of the Specified Time for a period equal in length to the Applicable Period.

Term Reference Rate means the aggregate of Term SOFR and the USD Credit Adjustment Spread.

Term Reference Rate means, in relation to any Term Rate Financing:

Term Reference Rate means in relation to any Advance in euro, EURIBOR.

Term Reference Rate means, in relation to a Term Rate Loan: (a) the applicable Primary Term Rate as of the Quotation Time for a period equal in length to the Interest Period of that Loan; or (b) as otherwise determined pursuant to Clause 11.1 (Interest calculation if no Primary Term Rate), and if, in either case, that rate is less than zero, the Term Reference Rate shall be deemed to be zero. "Termination Date" means subject to Clause 7.2 (Extension option), the fifth anniversary of the date of this Agreement. "Total Commitments" means, subject to any increase pursuant to Clause 2.3 (Increase – Accordion Option), the aggregate of the Commitments, being US$1,200,000,000 at the date of the Amendment and Restatement Agreement. "Transfer Certificate" means a certificate substantially in the form set out in Schedule 4 (Form of Transfer Certificate) or any other form agreed between the Agent and the Parent. "Transfer Date" means, in relation to an assignment or a transfer: (a) the proposed Transfer Date specified in the relevant Assignment Agreement or Transfer Certificate; or (b) in the event that no Transfer Date is specified in the relevant Assignment Agreement or Transfer Certificate, the date on which the Agent executes the relevant Assignment Agreement or Transfer Certificate. "Unpaid Sum" means any sum due and payable but unpaid by an Obligor under the Finance Documents. "US" means the United States of America. "Utilisation" means a utilisation of the Facility. "Utilisation Date" means the date of a Utilisation, being the date on which the relevant Loan is to be made. "Utilisation Request" means a notice substantially in the form set out in Schedule 3 (Utilisation Request). 25 "VAT" means value added tax as provided for in the Value Added Tax Act 1994 and any other tax of a similar nature.

Term Reference Rate means, in relation to a Term Rate Advance: