WIBOR Rate definition
WIBOR Rate means, in relation to any Loan in Polish Zloty for any day, a rate per annum equal to the Warsaw Interbank Offered Rate or, if such rate is not available, a comparable or successor rate, which rate is reasonably selected by the Administrative Agent, as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by the Administrative Agent from time to time) at or about 11:00am (Warsaw time) for an amount comparable to the amount of that Loan on such day for overnight deposits and, if any such applicable rate is below zero, the WIBOR Rate for such day will be deemed to be zero; provided, that, after the date hereof and to the extent a comparable or successor rate is reasonably selected by the Administrative Agent (as contemplated above), such selected rate shall be applied in a manner consistent with market practice; provided, further that to the extent such market practice is not administratively feasible for the Administrative Agent, such selected rate shall be applied in a manner as otherwise reasonably determined by the Administrative Agent.
WIBOR Rate means, in relation to any Loan in Polish Zloty, a rate per annum equal to the Warsaw Interbank Offered Rate, as published on the applicable Reuters screen page (or if not available, such other commercially available source providing such quotations as may be designated by the Administrative Agent from time to time) on the Rate Determination Date with a term equivalent to one month and, if any such applicable rate is below zero, the WIBOR Rate for such day will be deemed to be zero.
WIBOR Rate means, in relation to any Loan in Polish Zloty for any day, a rate per annum equal to the Warsaw Interbank Offered Rate or, if such rate is not available, a comparable or successor rate, which rate is reasonably selected by the Administrative Agent, as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by the Administrative Agent from time to time) at or about 11:00am (Warsaw time) for an amount comparable to the amount of that Loan on such day for overnight deposits and, if any such applicable rate is below zero, the WIBOR Rate for such day will be deemed to be zero; provided, t hat, after the date hereof and to the extent a comparable or successor rate is reasonably selected by the Administrative Agent (as contemplated
More Definitions of WIBOR Rate
WIBOR Rate the fixed rate of interest offered by the Lender on a WIBOR Advance.