Term Reference Rate definition

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

Term Reference Rate means, in relation to a Loan:

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

Examples of Term Reference Rate in a sentence

• Interpolated Historic Term SOFR: If paragraph (b) above applies but Historic Term SOFR is not available for the Profit Period of the relevant Financing, the Term Reference Rate for such Profit Period shall be Interpolated Historic Term SOFR for a period equal in length to the Profit Period of that Financing.

• Historic Term SOFR: If paragraph (a) above applies but Interpolated Term SOFR is not available for the Profit Period of the relevant Financing, the Term Reference Rate for such Profit Period shall be Historic Term SOFR for a period equal in length to the Profit Period of that Financing.

• Interpolated Term SOFR: If Term SOFR is not available for the Profit Period of the relevant Financing, the Term Reference Rate for such Profit Period shall be Interpolated Term SOFR for a period equal in length to the Profit Period of that Financing.

• Interpolated Historic Term SOFR: If paragraph (b) above applies but Historic Term SOFR is not available for the Interest Period of the relevant Loan, the Term Reference Rate for such Interest Period shall be Interpolated Historic Term SOFR for a period equal in length to the Interest Period of that Loan.

More Definitions of Term Reference Rate

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

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. 1.2

Term Reference Rate means, in relation to a Term Rate Loan, the applicable Term SOFR as of the Specified Time and for a period equal in length to the Interest Period of that Term Rate Loan and, if that rate is less than zero, the Term Reference Rate shall be deemed to be zero.

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 the date which is five years after the Signing Date, as may be extended pursuant to and in accordance with Clause 2.6 (Extension of the Facility). "Total Commitments" means the aggregate of the Commitments, being EUR 407,000,000 on the Signing Date. "Transaction Information" means all documents and factual information concerning the Group which, at the Company's request and on its behalf, was prepared in relation to this transaction and distributed to the Arrangers before the Signing Date. "Transfer Agreement" means an agreement substantially in the form set out in Schedule 4 (Form of Transfer Agreement) or any other form agreed between the Agent and the Company. "Transfer Date" means, in relation to a transfer, the later of: (a) the proposed Transfer Date specified in the relevant Transfer Agreement; and (b) the date on which the Agent executes the Transfer Agreement. "Unpaid Sum" means any sum due and payable but unpaid by an Obligor under the Finance Documents. "U.S." or "United States" means the United States of America, its territories, possessions, any state of the United States and the District of Columbia.

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

Term Reference Rate means:(a)in relation to any Term Rate Loan in USD, LIBOR;(b)in relation to any Term Rate Loan in euro, EURIBOR; or (c)in relation to any Term Rate Loan in CAD, CDOR.

Term Reference Rate means, in relation to any Loan in euro, EURIBOR;